According to Fool, Shiba Inu’s only chance of hitting a $1 dollar valuation is if major coin burns take place . Currently there are 549,000,000,000,000 SHIB tokens circulating in the market.
Read moreHow high can Shiba Inu coin go?
How high can Shiba Inu go? Many investors in the Shiba Inu community discuss when it will reach $0.01 or even $1 , but the question is far from useful. If Shiba reached $0.01 at around the same token supply, its market capitalization would be more than 4 times what Bitcoin’s is today.
Read moreCan Shiba reach 50 cents?
Yes you can invest in such coins for short term and also get good returns . But it is difficult to say how meme coins will perform in the long term. the current price of Shiba Inu coin is $0.000006231. And there is a continuous decline in the price of the coin.15 Haz 2021
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