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If Shiba Inu actually reaches $0.01, its market cap would nearly hit $5.9 trillion -- compared to a combined market cap of $2.3 trillion for the entire crypto market today. And according to Shiba ...
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.
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The current value, not the long-term value, of the cryptocurrency supports the reward scheme to incentivize miners to engage in costly mining activities. [93] In 2018, bitcoin's design caused a 1.4% welfare loss compared to an efficient cash system, while a cash system with 2% money growth has a minor 0.003% welfare cost.
Value Image Specifications [5] [6] Description Minted Usage Common name Obverse Reverse Diameter Thickness Mass Composition Edge Obverse Reverse; 1¢ 19.05 mm (0.750 in) 1.52 mm (0.060 in) 1909–1942 3.11 g (48.0 gr) copper 95% tin/zinc 5% plain Abraham Lincoln: Wheat: 1909–1958 wide 2: wheat cent, wheat penny, wheatie 1943: ? steel/zinc 1 ...
The penny is the lowest value coin (in real terms) ever to circulate in the United Kingdom. [3] The penny was originally minted from bronze, but since 1992 has been minted in copper-plated steel due to increasing copper prices. There are an estimated 10.5 billion 1p coins in circulation as of 2016, with a total face value of around £105,000,000.
The speculative token currently trades way off its all-time high.
Clearly, Shiba Inu isn't worth anywhere near $0.01 -- and I highly doubt it will reach that milestone by year-end -- if ever. For Shiba Inu to reach $0.01, there would need to be an enormous ...