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At the current token price, Shiba Inu has a market capitalization of about $18 billion. Simple math suggests that at a price of $1 per token, its market cap would be $589.3 trillion.
Image source: Getty Images. Shiba Inu could reach $1, but the end result might surprise investors. To justify a price of $1 per token, 99.99998% of all tokens would have to be burned.
The numbers climbed steadily for shiba inu through 2021. The metrics peaked in October of that year when the price of a shiba inu coin reached $0.0000845 — a rise of 1,000% over the previous 25 ...
Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". [1] It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin , another cryptocurrency with meme origins.
First of all, it was a wild weekend for SHIB-USD. The crypto’s price fell more than 20% before rebounding and ultimately falling again. As of today, Shiba Inu is down 11% over the past 24 hours ...
Shiba Inu reached an all-time high of $0.000086 in 2021, and it ended that year with a total gain of 45,278,000%, which remains one of the best annual returns in the history of financial markets.
Using a few back-of-the-envelope calculations, that leads to a $32 billion market cap for Shiba Inu and an implied price of $0.00005 per token. From my perspective, though, this approach is not ...
Can Shiba Inu, which recently traded at about $0.000022, rally to reach the coveted $0.01 mark in 2025? ... After Shiba Inu's price went absolutely bonkers during the 2021 bull run, ...
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