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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 ...
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 ...
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.
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 ...
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.
Coin Price Forecast gives a 2030 shiba inu coin price prediction of $0.00002847. Final Take: Should You Invest? These predictions forecast a slight return this year and a more significant one over ...
At $0.01, Shiba Inu's market value would be a gargantuan $5.9 trillion (based on the current token count), making it more valuable than the most dominant tech businesses shaping our economy today ...
The crypto bear market will return. The first prediction promises to be an unpopular one: ... The Shiba Inu is the mascot for meme coins Dogecoin and Shiba Inu. Image source: Getty Images. ...