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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.
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.
How Much Is Shiba Inu Coin Worth? According to CoinMarketCap, shiba inu crypto is worth $0.000009394 as of Dec. 5. That represents a more than 88% decrease from its high of $0.00008 on Oct. 26, 2021.
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 price of Shiba Inu (CRYPTO: SHIB) traded 6.1% lower as of 12:23 p.m. ET today. Why Cryptocurrencies Shiba Inu, Solana, and Cardano Are Falling Today Skip to main content
What Happened: Shiba Inu’s burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data. Over the past 24 hours, the Shiba Inu ...
Meme coins are making noise again, indicating a ripple effect from Bitcoin’s surge. ... —Shiba Inu (SHIB), up 50% this week and 4.4% over the past 24 hours. ... In Other News. Entertainment ...
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