Once called the ‘Dogecoin Killer’, Shiba Inu is losing its charm . The price drop is in line with cryptocurrencies across the board after the price of Bitcoin crashed to a six-month low. The total market cap of Shiba Inu has dropped to $11.35 billion. It was as much as thrice the current value during its golden days.
Read moreIs there a market cap on Shiba Inu?
The total market cap of Shiba Inu has dropped to $11.35 billion .
Read moreWhy is Shiba coin gaining?
Shiba Inu holders have been hoping the coin will be added to Robinhood Markets’ trading platform, spurring increased demand and adoption for the token .
Read moreWhat was the highest market cap for Shiba Inu?
Shiba Inu was recently priced at roughly $0.000034, down more than 50% from its lifetime pricing high of $0.00008841 per token. Climbing back to its lifetime high would bring the token’s market cap back up to roughly $50 billion . From there, it would only need to double once more to hit the $100 billion threshold.
Read moreWhat is the prediction on Shiba Inu?
Predictions for Shiba Inu in 2022 are looking good, with most media outlets expecting a steady increase in price by the end of the year, with an impressive peak of over 600% by 2026. As a result, now is the time to invest in SHIB.9 Mar 2022
Read moreWhat is the future for Shiba Inu?
By the end of 2022, Shiba Inu may already grow in the vibrant ecosystem it strives to be . According to their roadmap, 2022 is also when they plan to launch the Shiba Inu Incubator and the Shiba Inu Reward system. According to Wallet Investor, the long-term earning potential is over +115% in one year.
Read moreIs Shiba Inu worth investing?
Well, Shiba Inu has been one of the best performing cryptocurrencies of 2021. It is still one of the top #15 largest cryptocurrencies by marketcap. But when compared to a Bitgert, it has been beaten as the best crypto investment in so many ways .
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