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In other words, the current supply of 589.5 trillion tokens would have to shrink to 16.6 billion, based on Shiba Inu's current market cap. Around 1.7 billion tokens were burned in November, which ...
Based on Shiba Inu's current market cap, investors will have to burn 99.99998% of its tokens in order to send the price per token to $1. So almost all of the 589.3 trillion tokens currently in ...
Image source: Getty Images. Shiba Inu could technically reach $1. Investors would have to burn 99.99998% of the current supply in order to send Shiba Inu to $1, based on its current market cap.
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.
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
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 ...
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 ...
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1]. Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.