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 moreWill Shiba Inu ever reach 1 cent?
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 moreCan 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 .
Read moreWhat will Shiba be worth in 2030?
Shiba inu will then rise to $0.00123 in 2027 and $0.005 in 2030.
Read moreWhat will Shiba be worth in 5 years?
Shiba Inu Price Prediction in 5 Years According to a Shiba Inu price prediction by Coin Price Forecast, the token’s price might be $0.000108 (+333% from the current price), while trading education believes that SHIB will reach $0.00021 by December 2027 .16 Mar 2022
Read moreHow much will Shiba Inu be in 2030?
Shiba inu will then rise to $0.00123 in 2027 and $0.005 in 2030.
Read moreWill 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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