With a total supply of nearly 590 trillion SHIB coins, hitting the $1 price point would result in a market capitalization just short of $590 trillion . Reaching $1 per token would mean that SHIB’s market capitalization would be roughly 650 times the market cap of Bitcoin.
Read moreCan a Shiba reach $1?
According to Fool, Shiba Inu’s only chance of hitting a $1 dollar valuation is if major coin burns take place . Currently there are 549,000,000,000,000 SHIB tokens circulating in the market.
Read moreCan Shiba coin reach $1?
According to Fool, Shiba Inu’s only chance of hitting a $1 dollar valuation is if major coin burns take place . Currently there are 549,000,000,000,000 SHIB tokens circulating in the market.
Read moreCan Shiba hit 10 cents?
Its impossible for Shiba Inu coin to reach 10 cents . Because for it to reach the value, the market capitalization has to be higher than the GDP of the US. The value of the Shiba Inu coin depends on two factors – the market cap and the mining dynamics.
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