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 moreCan SHIB reach $1?
Shiba Inu (SHIB) tokens in circulation are just too many to allow a $1 value at this point . At the time of writing, there are 549 trillion tokens in existence.
Read moreHow many Shiba coins are there in the world?
There are currently 549 trillion SHIB coins in circulation. With that many coins in circulation, reducing the supply is the only realistic way for it to hit $1.
Read moreWill Robinhood list Shiba Inu coin?
Robinhood does not support Shiba Inu Coin as of January 2022 and has not confirmed any plans to list SHIB in the future. The exchange currently only supports seven cryptocurrencies. These are Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dogecoin (DOGE), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC).
Read moreHow much will Shiba go up if listed on Robinhood?
Wallet Investor believes SHIB is a strong short-term and long-term buy. They believe the crypto will hit $0.000076 by the end of the year , more than double its current $0.000032 price. In five years, they have another generous price target of $0.000266 for a more than 700% increase.12 Oca 2022
Read moreWhat will happen if Robinhood adds Shiba Inu?
Key Points. Several cryptocurrencies didn’t move much when initially added to Robinhood’s trading platform. Dogecoin, though, jumped nearly 40% after being added to Robinhood. Shiba Inu probably won’t rise as much as Dogecoin but could still move significantly higher .30 Ara 2021
Read moreWhy is Robinhood not listing Shiba Inu?
“Just weeks ago, Robinhood was holding firm on not adding Shiba Inu to their platform due to the volatility of newer coins leading to riskier investments .” A petition on Change.org asking Robinhood to add Shiba Inu had garnered 545,067 signatures.
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