Can a Shiba 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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Why did Shiba Inu go down?

Shiba Inu’s fluctuating price has been swayed by Elon Musk’s tweets, with the Tesla founder’s controversial comments about cryptocurrency often contributing to the rise and fall of the coin’s value. Here’s what Shiba Inu coin is, its price today (Thursday 28 October) and why it’s down today.21 Oca 2022

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