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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.
The Shiba Inu (CRYPTO: SHIB) cryptocurrency opened at a price of $0.00000000008 per token in 2021 before soaring by a whopping 107,499,900% to a peak of $0.000086 in October of that year. But ...
Around 99.99998% of the current supply will have to be burned to warrant a price of $1, based on Shiba Inu's current market cap. In other words, practically all of the 589.2 trillion tokens in ...
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 crypto industry is benefiting from several tailwinds right now, so it's possible Shiba Inu is gearing up for another historic run. To be very blunt, Shiba Inu has no real use case. Can Shiba ...
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 ...
The Shiba Inu (柴犬, Shiba Inu, Japanese: [ɕiba inɯ]) is a breed of hunting dog from Japan. A small-to-medium breed, it is the smallest of the six original dog breeds native to Japan. [ 1 ] Its name literally translates to "brushwood dog", as it is used to flush game.
In the 12 months between Jan. 1, 2021, and Dec. 31, 2021, Shiba Inu ... Simple math dictates that if the price rose to $1 per token, Shiba Inu's market cap would hit $589.3 trillion.
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