There is only the remotest of chances Shiba Inu will ever hit a penny in value, let alone a dollar . Reaching $1 would mean the cryptocurrency would be worth $550 trillion, or more than five times the gross domestic product (GDP) of all the world’s economies combined.
Read moreWill Shiba Inu ever reach 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 moreDoes Shiba Inu coin have potential?
Volatile penny cryptocurrency Even exchanges that list meme coins list them with a hint of caution. This brings to the fact that despite the useful use cases, the near-550 trillion total supply, and a market cap well above $19 billion, Shiba Inu remains a speculative crypto asset, though with a deflationary lineage .10 Oca 2022
Read moreWhat does Shiba Inu coin do?
What is the Shiba Inu Coin? Shiba Inu Coin is a decentralized, community-building cryptocurrency that is “an experiment” developed within the Shiba Inu Ecosystem. It is a meme coin launched as a rival of Dogecoin or “Doge-Killer”.21 Şub 2022
Read moreIs Shiba a good investment 2021?
In spite of Shiba Inu’s historic 46,000,000% return in 2021, it doesn’t have the attributes of a good investment . Comparatively, two smart contract-focused cryptocurrencies offer real staying power and the potential to make investors richer over time.
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