On-chain analytics firm Whale Scan has projected two specific Shiba Inu price targets for late 2026, ranging from $0.00003 to $0.00005, representing potential gains of 401% to 736% from current levels. These projections emerge despite SHIB’s recent bearish pressure, with the token trading around $0.000005922 and market sentiment remaining negative.
A new analysis from on-chain platform Whale Scan has set a Shiba Inu price target range of $0.00003 to $0.00005 by late 2026. This forecast suggests possible gains between 401% and 736% from SHIB’s current trading price of approximately $0.000005922.
The platform shared this Shiba Inu price target on X after a follower requested a redrawn chart for SHIB’s potential cycle peak. Other firms like Changelly and Telegaon have also provided projections, while CoinCodex offers a more conservative 2026 outlook.
Market conditions have accelerated recent bearish pressure on the token. CoinCodex currently marks sentiment as bearish, with the Fear and Greed Index reported at just 5.
Several key catalysts could influence a future Shiba Inu rebound. Ripple CEO Brad Garlinghouse stated he places a 90% probability on the CLARITY Act passing by the end of April, arguing “the industry can’t live in limbo.”
Garlinghouse also mentioned “The White House is pushing hard on this, and I think that is a big reason why it will get done.” Additionally, the SEC is set to rule on a T. Rowe Price ETF filing that lists SHIB as a possible asset by February 26.
