One of the goals of SHIB fans and users is for the token’s price to hit $0.01.

Source: https://biztoc.com/x/0633551231d5487a?ref=ff

Perpetual futures enable traders to short-sell, betting against the token’s price, which can lead to increased volatility.

Source: https://thegrizzlygazette.com/media-release/will-bulls-or-bears-take-charge-gfox-set-to-10x-as-bonk-suffers-losses/

Such incentives promise to draw a broader audience, pushing the token’s potential valuation upwards.

Source: https://cyprus-mail.com/2023/08/24/the-august-altcoin-edition-unraveling-the-hype-around-thorchain-rune-pomerdoge-pomd-and-solana-sol/

The token’s value peaked at 20 pesos, before plunging steadily in late 2021.

Source: https://interaksyon.philstar.com/trends-spotlights/2023/04/26/249429/stung-by-losses-filipino-players-ditch-axie-infinity-crypto-game/

Upon launch, the token’s price skyrocketed by almost 7000%, leaving every major project in the dust.

Source: https://biztoc.com/x/96e177611905217b?ref=ff