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Perhaps the biggest roadblock to Shiba Inu hitting $1 is its enormous supply. As of this writing, there are 589.3 trillion tokens in circulation. At the current token price, Shiba Inu has a market ...
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. In other words, the current supply of ...
A move to $1 doesn't mean Shiba Inu investors will actually make money. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
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.
But total value locked (TVL) for Shiba Inu is a microscopically small $1.89 million. That ranks #143 among all blockchains and tells me that the "utility" thesis for Shiba Inu is still very weak.
Simple math dictates that if the price rose to $1 per token, Shiba Inu's market cap would hit $589.3 trillion. That would make the meme-token 21 times more valuable than the entire U.S. economy, ...
If Shiba Inu actually reaches $0.01, its market cap would nearly hit $5.9 trillion -- compared to a combined market cap of $2.3 trillion for the entire crypto market today. And according to Shiba ...
Few assets have demonstrated more millionaire-maker potential than Shiba Inu (CRYPTO: SHIB), a controversial cryptocurrency that soared by 45,278,000% in 2021. Now, Shiba Inu is rising once again.
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