Shiba Inu's Mathematically Achievable Price Target

Shiba Inu's price has been fluctuating wildly in recent times, with many analysts predicting a significant drop or even a complete collapse. However, the cryptocurrency's underlying infrastructure, including its layer-1 protocol Shibarium, suggests that it may still have potential for growth.

The key to achieving this growth will be the adoption of Shibarium by mainstream users and institutions. Currently, the total value locked (TVL) in Shibarium is around $1.44 million, which is relatively low compared to other decentralized finance (DeFi) platforms. However, with the upcoming rollout of a layer-3 framework and increased emphasis on utility, Shibarium may be able to attract more users and increase its TVL.

One potential trigger for SHIB's growth could be the approval of T-Rex Price's actively managed multi-coin crypto ETF, which includes SHIB as one of its assets. This would open up new opportunities for institutional investors to buy and hold SHIB, potentially driving up its price. However, this is still a speculative scenario and there are no guarantees that SHIB will reach $0.00001 or any other specific price target.