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.
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However, a per token price of $0.01 would imply a market cap in the trillions of dollars. 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 .9 Mar 2022
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