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 a Shiba Inu hit 1 dollar?
There is only the remotest of chances Shiba Inu will ever hit a penny in value, let alone a dollar . Reaching $1 would mean the cryptocurrency would be worth $550 trillion, or more than five times the gross domestic product (GDP) of all the world’s economies combined.
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 moreWill Shiba Inu coins rise in 2022?
Shiba Inu is currently one of the most popular meme coins that are expected to explode in 2022 .
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