Marie Tatibouet, chief marketing officer of crypto exchange Gate.io, told The Sun she expected the Shiba excitement to flatten somewhat.
“I do see some correction coming in the near term as the hype dies down a bit,” she said.
However, Jordan McCreery, founding partner of Ingrained Media, is far more bullish.
“I believe Shiba has some real potential to grow from its fraction of a cent amount to $0.01 or greater,” he said.
Don Guo, CEO of fintech firm Broctagon, said it is impossible for Shiba Inu to ever reach the heights of $1.
“In order for SHIB to reach a dollar, it requires a market capitalisation of one quadrillion US dollars,” he told The Express.
“In comparison, the entirety of the US National Debt is $23.3 trillion – and even that staggering sum constitutes less than 3 per cent of the amount required for SHIB to reach that price point.
“Given current trends, it is more likely that Shiba will remain within its ballpark of less than a fraction of a cent.”