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 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.
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
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