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The crypto could technically reach $1. 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 ...
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.
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, ...
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.
Right now, Shiba Inu has a market cap of nearly $11 billion. The next-closest meme-coin competitor, Pepe, has a market cap of $5 billion. If these two meme coins swap places, then Shiba Inu could ...
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 ...
Market cap: $1.97 trillion. 7-day gain: 4.80%. 2. ... Shiba Inu. Shiba Inu tokens get their namesake from the dog breed of the same name Jakub Porzycki/Getty Images. Market cap: $18.22 billion.
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