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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 ...
Image source: Getty Images. And here's a scary thought: Shiba Inu may no longer be the top dog. Shiba Inu is up 80% for the year, but dog-themed meme coin dogwifhat (CRYPTO: WIF) is up 1,300% this ...
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.
Shiba inu followed dogecoin into the spotlight in late 2021, when Musk tweeted out a few pictures of Floki, his real Shiba Inu. With nearly 70 million followers, Musk’s tweets made heavy waves ...
If Shiba Inu remains popular over the long term, it could eventually shed the meme-coin stigma and become more accepted as an investment vehicle despite its lack of real-world utility.
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, ...