Can Shiba Inu coin reach 1 cent?

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 .

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Will Shiba Inu reach 1 cent?

Technically speaking, Shiba Inu could reach a penny if enough capital were to start investing in dog-themed cryptocurrencies . But since Shiba Inu would need trillions in capital to reach $0.01, institutions and governments would need to purchase SHIB, which seems highly unlikely.

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