If it reached $1, its market cap would tower over Bitcoin’s by 100 times. A more reasonable goal for Shiba Inu is $0.0001, although it would still be an amazing feat because it would bring it’s market cap to over $60 billion .
Read moreWill Shiba ever hit 1 cent?
If Shiba Inu were to reach a penny, the cryptocurrency would be worth multiples more than Bitcoin. Because of the massive amount of capital required for SHIB to reach a penny, it’s highly unlikely this will happen .
Read moreWhy is Shiba Inu market cap so high?
Interestingly, Shiba Inu has emerged as “The Dogecoin Killer” beating the likes of cryptocurrencies such as Uniswap, Luna, USD Coin, Polkadot and XRP in market cap terms. The rise is speculated to be fuelled after tech billionaire Elon Musk , tweeted a photograph of the SHIB coin going to the Moon on October 18.
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