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 .
Read moreWhat is happening to Shiba coin?
The SHIB token is currently down roughly 66% from the lifetime high it hit at the end of October . After the last day of sell-offs, the coin now has a market capitalization of roughly $15.9 billion, and it ranks as the 14th largest cryptocurrency by valuation.
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