First, a little background on Shiba Inu's path so far. From our experience, we can confidently say, the long-term success of a cryptocurrency largely depends on technology and community. Here's Why 589.6 Trillion Is the Key Number, Beyond Dogecoin and Shiba Inu -- These 3 Cryptos Are Better Buys, 3 Cryptocurrencies to Avoid Like the Plague in February, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? But will it be hard for Shiba Inu to reach $10? I don't think so. The cryptocurrency was made as a joke in the likeness of the dog breed Shiba Inu. That represents a whopping 2.1 million percent jump. Its name is based on the Shiba Inu dog on Dogecoin, and they both have similarities. (source). At that kind of size, even a 2x price increase would have required a massive amount of capital to flow into SHIB. Having read the woof paper from start to finish, the end goal of the devs is to create the largest decentralised ecosystem in the world. As a result, Shiba Inu took off. The creator of Shiba Inu is known under the pseudonym Ryoshi. The reason is Shiba Inu belongs to a controversial niche with no real use-case. the 1-month volatility of the coin is at 5.26. Or you can invest in Shiba Inu or stake your holdings to earn passive income. For those of you keeping score at home, this sort of return allows for an investor to double their money, on average, about once every seven years. We can expect 1 cent mark probably in year 2022. It is not only the first but also the most popular cryptocurrency in the world. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. They are, however, not convinced that the token can reach $100 or $10 in the next few years. Making the world smarter, happier, and richer. From trough to peak, a $1 investment in Shiba Inu would have (briefly) made you a millionaire in 2021. If youre interested, check out our list of the meme coins that could be the next to explode. Much of the SHIBs popularity comes from its meme coin status, as its often promoted by its holders on various social media platforms through memes and viral campaigns. What would it take for. This was already a feature of Dogecoin, which launched back in 2013, but the newer generation of meme coins like Shiba Inu has taken this concept to the extreme. Despite the fact that SHIB is identical to other ERC20 token currencies, the community is what sets it apart. Today, it would have to rise a lot less - by about 2,000,000% to reach the $1 mark. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Key among them is its incredibly high maximum token supply, its clear lack of intrinsic value (real or perceived), and an apparent lack of clear goal - it currently focuses on beating Dogecoin and not creating value or growing Shiba into a technologically advanced ecosystem. To reach $1 shib would need to be 100 trillion, worth more than the value of every asset on the planet as of 2017 (80 trillion ish). The FTX crash harmed the Shiba Inu coin at the beginning of November, and the Shiba Inu prediction became shaky. No, Shiba Inu will probably never reach and sustain a $10 token valuation. Put another way, a $1 investment at midnight on Jan. 1 would have made you a millionaire by late October. So, should you buy Shiba Inu while it's trading well below $0.01? So, despite SHIB being similar to other ERC20 token coins, the community is the differentiating factor. These cryptos have a mining system. Shiba Inu is one of the most popular cryptocurrencies out there. Tax on profits may apply. Apple, Tesla, Google, etc., are precious companies because they make excellent products that consumers use and love. New Uptrend 2023? And according to the CoinMarketCap list of the largest cryptocurrencies, Shiba Inu - the Dogecoin Killer - is ranked in the top 15 cryptocurrencies with a market capitalisation of $11 Billion. LATEST Shiba Inu Prediction 2022: BUY SHIB at the current SUPPORT? Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Though the rate at which Shiba Inu price surges varies from one expert to another, the general feeling is that one SHIB token may be selling for between $0.000024 and $0.00038 by the end of 2025. As a result, basic logic dictates that the SHIB coin will never attain a value of $0.10 or 10 cents. Although launched in 2020, it was in 2021 that it became popular after Vitalik sold 50 trillion SHIB tokens and donated the proceeds to the India COVID fund. Yesterday, Shiba beat Ethereum in 24-hour trending volume collectively on DEX and CEX. Perhaps no cryptocurrency is more responsible for setting the bar high -- at least when it comes to one-year returns -- than meme coin Shiba Inu (SHIB). Are you lookingfor a chart analysis toolthat doesnt distract you with community messages and other noise? SHIB. However, the bigger issue for Shiba Inu is that it's unable to differentiate itself from more than 22,000 other cryptocurrency projects. Although the possibility of the Shiba Inu coin being worth $1 is slim, it is not impossible. With momentum playing such a key role for digital currencies, the fear of missing out (FOMO) would be important. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The possibility of such price action taking place is theoretically impossible, given that the global GDP for all countries is just around $100 trillion. As per the current Shiba Inu coin price prediction 2025, SHIB can reach a value of $0.0028 per coin by 2025 month end. The Shiba Inu project recognizes the potential of the virtual world and has launched non-fungible tokens to tap into its ecosystem. It's even the second-biggest holding of Ethereum whales right now, according to Whale Stats. Bitcoin, Dogecoin is a standalone cryptocurrency. Get all Latest News about shiba inu voyager, Breaking headlines and Top stories, photos & video in real time Click here to get a 10% discount on your first payment (monthly or yearly)! A currency does not have inherent value long term. So, if there is a cryptocurrency bull run again and demand for Shiba Inu rises, interested buyers will have no problems with acquiring the token. But the question remains - can SHIB reach the magical 1 cent mark? Cost basis and return based on previous market day close. SHIB, which exists as an ERC-20 token on the Ethereum blockchain, has more than 1.2 million holders. But more than that is needed to reach $1 due to its humongous supply. The Shiba Inu coin price rose by 5% on the day, and it continued to increase as NowPayments also incorporated the coin as a payment channel for e-commerce platforms. A move beyond $0.00000941, a hurdle represented by the 100-day EMA, could clear the path to the upper falling trend line. It means the Shiba Inu (SHIB) coin does not have any independent mining network. Shiba Inu (SHIB) will never reach $0.10 or ten cents. Despite Ethereums recent move to aPoS network, transaction speeds are still yet to drastically improve. This sparked a cryptocurrency rally. Shiba Inu prepares for higher targetsWhere will SHIB go next? The Shiba Inu team is working on key products like Shibarium, and SHIB is positioned well thanks to numerous crypto exchange listings. The total maximum supply of Shiba Inu tokens is 1 quadrillion. Though it has a loyal following on social media, people cheering in the stands doesn't change the fact that Shiba Inu offers no competitive advantages. Shiba Inu has a circulating supply of 549.063 Trillion SHIB tokens. Today, most do not expect Shiba Inu prices to even come close to $1 by 2030. CoinCodexs SHIB prediction does not see it being worth 1 cent by 2024. Many articles, YouTube videos, and forum posts claim Shiba Inu (SHIB) crypto can or have the potential to reach $0.10 in value. But over the past decade, cryptocurrencies have turned this traditional moneymaking strategy on its head. The market capitalization of different prominent stocks and metals throughout the globe is shown in the table below. During its monumental run-up in 2021, platforms like Twitter and Reddit were flooded with Shiba Inu mentions. Will Shiba Inu Reach $1 USD? What is theShiba Inu price prediction, and is the SHIBA Inu on track to reach $1 soon? However, with the crypto market kicking 2023 off on a bullish note, weve seen some renewed interest in crypto assets, including meme coins. Unfortunately, developers have stated that technical issues delayed the public beta test of Shibarium. Shiba Inu token is a meme coin created in August 2020 by an anonymous individual called Ryoshi. However, a laundry list of headwinds make it highly unlikely that Shiba Inu will repeat its former success. The price of Shiba Inu has fallen from its weekly high and is currently holding at $0.00000917, and a break above that level is necessary to maintain the uptrend and reach highs above $0.00001. The Shiba Inu project will reach a price of ten cents by 2024, based on the growth of the . Although it eventually pulled back to finish 2021 higher by a "pedestrian" 46,000,000%, Shiba Inu enthusiasts still believe it can reach $0.001 (one-tenth of a penny). According to Shiba Inu developers, Shibarium will be focused on providing cheap and fast token transactions for metaverse and gaming use cases. It is less likely that Cardano will crash lower than $0.30. Conservative Prediction: Can Shiba Inu reach $1 in 2023? Dogecoins massive price increase in the early part of 2021 led crypto speculators to look for the next Dogecoin, and the market settled on Shiba Inu as the best candidate. Shiba Inu isn't a blockchain. websites is a tad more optimistic. Shiba Inu, a new Dogecoin-inspired cryptocurrency launched last August, has now formed ties with crypto.com, the world's largest cryptocurrency exchange. And it's climbed more than 44,000,000% this year. The following are the advantages: While most crypto users are already aware of SHIBs meme token, it is trying to expand beyond its preliminary public image, with a rising community that includes a DEX, NFT, and a game influenced by Shiba Inu. However, credit must be given where credit is due. In contrast to Dogecoin, which has its own blockchain, SHIB is issued on the Ethereum blockchain. Lastly, there would almost certainly need to be a large coin burn event. Can Cardano reach $2 in 2023? However, he was working with dogecoin developer to bringing real utility in dogecoin ecosystem. Over the past nine months, only 56 new merchants have come to accept Shiba Inu as payment on Cryptwerk. Dogetti is inspired by The Godfather and presents a fun concept to the meme coins currency. Shiba Inu gave back some of those gains last year, when it fell along with the entire cryptocurrency market. This 40% increase was substantially greater than the rises noticed by other altcoins during this period. This question seems to come up on social media multiple times per day. Clearly, SHIB-USD has come a long way since its. So, it is possible for Shiba Inu also to reach 1 cent. Shib price prediction 2030 in Indian Rupees: Shiba Inu is . Invest better with The Motley Fool. Technical analysis by the DigitalCoinPrice website paints a rather grim future for the altcoin. However, price predictions are not set in stone, as market conditions can change radically. It was met with much skepticism after traders witnessed the massive rise and steep decline of Dogecoin who came before the Shiba Inu coin. Other projects being worked on by the Shiba Inu team include the ShibaSwap decentralized exchange, the Shiboshis NFT collection and SHIB: The Metaverse. There is little indication to believe that the burn rate will be sufficient to propel the price of Shiba Inu to 50 cents. That is why Bitcoin is the most popular cryptocurrency. At a surface level, this makes SHIB seem approachable and cheap to new investors in crypto. In this article, well discuss the prospects of Shiba Inu hitting major price milestones and explore SHIB price predictions. So expecting Shiba Inu's price to reach 1 cent without any context is unrealistic. After reaching its all-time high in October of 2021, the token went through an intense bearish phase that has brought the SHIB price 87% below its all time highs. And that doesn't weigh in Shiba Inu's favor. Shiba token burn and liquidity locking program pushing price to the moon and that favouring project in term of bringing new investor and diamond hand holder. Yes. They have alluded as much on the official Shiba Inu website stating that Nicknamed the DOGECOIN KILLER, this ERC-20 ONLY token can remain well under a penny and still outpace Dogecoin. The token is trading 87% down from its all-time high price, so people buying SHIB at current price levels are truly buying the dip. Despite its low price per unit, Shiba Inu has surpassed 1.3 million unique addresses . So today, its uses are limited. Will Shiba Inu Reach 1 Cent? After reaching its all-time high in October of 2021, the token went through an intense bearish phase that has brought the SHIB price 87% below its all time highs. Why the sudden change of heart, though? Shiba currently based on Ethereum blockchain and it currently have no big utility apart from NFT and community. Shiba Inu is of course not the only contender in the meme coin sector. Instead, this is due to several features unique to the token. And why do they not believe it can hit $10 in the next 5 years? Cryptoasset investing is highly volatile and unregulated in some EU countries. All of this means Shiba Inu isn't likely to reach $0.01 anytime soon. Wallet Investor expects Shiba Inu token prices to rise to $0.00007 by end of 2022 and rise to a further $0.0002 by 2025. From the fundamental side of things, the Shiba Inu team is working on several products that are geared towards making SHIB a more attractive token to hold. Its an Ethereum-based smart-contract cryptocurrency, comparable to Binance Coin (BNB), Tether (USDT), Chainlink (LINK), USD Coin (USDC), TRON (TRX), and others. A single SHIB coin is . As a result, Crypto traders are keeping an eye on. While Dogecoin has a. Its current circulating supply is about 550 trillion tokens. In fact, it is still very unlikely, but it is theoretically possible. Their popularity was mostly due to the promotion of Dogecoin by popular individuals such as Elon Musk and Mark Cuban. From there also . Invest better with The Motley Fool. Today, however, different crypto experts and investors are confident that Shiba Inu prices will rise again and continue gaining for the next few years. However, this doesnt mean that its impossible for the SHIB price to grow. Shiba Inu's performance in 2021 was spectacular, and many expected it to continue the same run the following year. SHIB jumped 35% in the past 24 hours! While it might be difficult to decipher with so many zeroes following its decimal point, Shiba Inu gained an almost unfathomable 121,109,489% in under 10 months. Nonetheless, the price has been reduced even further. Well explain why SHIB will never achieve 10 cents in this essay. With the scary percentage growth rate it has to achieve to get here and the lack of faith from its development team aside, you also have to look at two other factors that make it virtually impossible for Shiba Inu to reach $100. Additionally, transaction fees can soar during these periods of congestion. And if the uptrend that the token has posted in October 2021 is anything to go by, Shiba Inu can be expected to resume its price rally soon. It is not anchored on unique blockchain technology - just hosted on, Price prediction websites, crypto experts, and even, website paints a rather grim future for the altcoin. SHIB is determined to transform into a comprehensive ecosystem with a metaverse and blockchain games, with the incipient liftoff of Shibarium, a Layer 2 solution that will facilitate faster transactions and lower gas expenses. If the cryptocurrency were to reach $0.01, its market value would top $5.4 trillion. Will Shiba Inu prices rise again? Will Shiba Inu (SHIB) Eventually Reach $100? Gaming doesn't look as if it's going to differentiate Shiba Inu, either. Therefore, the SHIB coin is not something new. Is SHIBA INU even Alive? While the coin first dipped by over 94% in its first year of trading, the price of Shiba Inu exploded in 2021, recording a massive 43,220,000% growth and hitting an all-time high of $0.00008819 in October 2021. Elon musk recently asked to reveal how much he holding Shiba token and he replied none. Including dividends paid, the benchmark S&P 500 has delivered an annualized return of around 10% since its inception in 1957. Another important figure in the Shiba Inu project is Shytoshi Kusama, who serves as the lead developer. This means raising its price levels at a rate of 3.6 million percent per annum or 300,000% per month, without fail, for the next five years. Oluwapelumi is a firm believer in the transformative power blockchain and crypto industry possesses to change the global financial landscape. Solanas Network Outage: A Sign of Trouble for Investors? As an investor, we have to be impassioned. There is a 0.977 correlation between the price of Dogecoin and Shiba Inu in the last seven days, and as meme coins, both tokens have had similar price performances. May 12, 2021 By Sam Sant Shiba Inu coin (SHIB) is easily the hottest new form of cryptocurrency. The Next Shib? Please make cautious investments. On the one hand, Peter Mallouk, Creative Planning CEO, stated that . SHIBA INU recorded 15 green days in the last 30 days. No, we don't even expect 1 cent price for Shiba Inu in 2025. Can SHIBA INU Coin Price Reach $0.01, $0.10 or $1.00? This 40% increase was substantially greater than the rises noticed by other altcoins during this period. Can Cardano reach $2 in 2023? Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. They are also working on an Ethereum Layer-2 solution Shibarium and a Shiba Inu Metaverse. Shib coin is selling for about $0.0000085 per coin with a market value of $3.4 billion, so there's still plenty of time to grow. Unless something fundamental such as its volume, changes, Shiba Inu cannot reach $1, or even 50 cents for that matter. Listing partnership on coinbase, webull, robinhood to act like a positive catalyst for Shiba Inu price to make overnight millionaires. Shiba Inu (SHIB), a cryptocurrency project that started as a competitor to Dogecoin but which has since transformed into a veritable momentum engine, just made history by reaching a new. Lets see how this market cap stacks up against other financial products and see whether it makes sense. Most meme coins have a very large circulating supply, which results in a low price per unit. At its peak, the total cryptocurrency market cap was just slightly above $3 trillion. Dogetti: The Dogefather of Meme Coins Family and community are the foundation of this coin's success. Shiba Inu coin has landed on the tally of the top 10 tokens purchased by the biggest whales in the last 24 hours. For example, he predicted that Bitcoin would reach a peak of $69,500 in November 2021, which is . Shibarium Update ? In this article, well be tackling the question of whether its possible for SHIB to hit a penny. Elon musk is huge successor of meme coin because of his tweet and support for Doge, Shiba and other memecoins. Author has 1.7K answers and 477.7K answer views 1 y Shytoshi Kusama, the developer, tweeted on December 24 that Shibarium is nearly impossible to show up before the end of the year due to the holiday periods. The price has recently dropped to $0.0000082. 1/2 ? Burning the SHIB token is a way to reduce the total supply. Many publications, YouTube videos, and forum postings say that Shiba Inu (SHIB) cryptocurrency can or will reach a value of $0.10. When SHIB was on the way up, many token holders were wondering if Shiba Inu will reach 1 cent. Some believe that the circulating supply of SHIB will decrease drastically after the launch of the Shibarium Layer 2 network, which will burn SHIB for every transaction. However, due to the general decline of the crypto market, that hasnt come to pass. 1 zero needs 10% of coins burned. This was a reach even in the bull market, and is extremely unlikely now. The current price of Shiba Inu is $0.000012, and the 24-hour trading volume is $171 billion. Buterin also sent 40% of Shiba Inu's total supply to a "dead wallet", which is also referred to as burning, according to Shiba Inu's website. Answer (1 of 38): I'm erring toward more optimistic predictions and saying $1 capped. 1$ SHIB Price Possible? That's when it soared a mind-boggling 45,000,000%. Elon musk also mentioned similar thing in different way, as they told people to focus more on product instead of farming, burning or other non-utility token. Top 10 Meme Coins That Could Skyrocket In 2023. Platform has 3 active product that include Shibaswap, leash and Bone token. The next time someone tells you SHIB is going to 10 cents soon, they are effectively arguing that all 7.8 billion people on Earth are about to pour their cash and savings into SHIB. Independent miners worldwide run thousands of mining computers (rigs) to keep the network alive and running. This is a fancy way of saying it's just a payment coin -- and there are countless digital currencies that could be used as a payment tool. Above prediction is based of average performance of shiba inu from past 6 months. The price dropped dramatically from $0.000014 to $0.000009. Now coming back to topic, as our platform suggested different prediction for Shiba Coin, as being one of the small investors of Shiba most of you wanted to know what is next target for Shiba in coming months or year. [CDATA[ If SHIB were to reach $0.01, it would have a market capitalization of approximately $5.89 trillion, which would be 4.6x larger than Bitcoin at its very peak. For more than a century, the stock market has been one of the greatest wealth creators on the planet. Why is this such a big deal? CoinCodex is a cryptocurrency data website that tracks 23389 cryptocurrencies trading on 420 exchanges and provides live crypto prices. Shib price prediction 2025 in INR: Shiba Inu is predicted to touch 0.008 by the end of 2025. *Average returns of all recommendations since inception. It indicates that the Shiba Inu (SHIB) currency has no autonomous mining network. The news heightens Shib Inu's visibility and offers more purchasing access to prospective buyers. While the answer to will Shiba Inu reach 1 dollar is likely a "No," the possibility of the coin reaching 1 cent is much higher than $1 dollar of 50 cents. Robinhood market reports more than 300k petition signed for listing and we could see more independent exchange will show interest in Shiba listing. We can expect 1 cent mark probably in year 2022. Meme coins, in particular, had to accept even greater losses. But here's the problem: Shiba Inu actually doesn't offer anything more than the thousands of other cryptocurrencies out there. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. In September, 1.5 million people searched for "Shiba Inu coin," believe it or not. It's always traded at a fraction of a cent -- and for good reason. From there, ADA should rebound higher as what happened previously. Shiba Inu (SHIB) will never hit $0.10 or 10 cents since it is not commercially viable. For starters, it has no real value. This is a Layer 2 solution that could solve some of Shiba Inu's problems. Nevertheless, rumors have been swirling on social media that this public test is coming relatively soon. SHIB or DOGE: Is Shiba Inu better than Dogecoin in 2023? But we have to give credit where credit is due. Sean Williams has no position in any of the stocks mentioned. Input your search keywords and press Enter. This could be similar to the run of Dogecoin itself. While anything is possible in the cryptocurrency space, as SHIB has previously demonstrated, there's virtually no chance of this lofty price target becoming a reality this yearor ever. This makes it a hard sell to serious crypto investors, which in turn makes it hard for it to outlast the current hype and grow its worth above a penny. Like most other cryptocurrencies, Shiba Inu was greatly affected by the crypto market shock in December last year, which saw Shiba Inu fall off a month-long price rally prematurely and plunge to the current level of relatively low prices. Several factors contributed to this. The dog-based memecoin has zoomed more than 32 per cent in the last 24 hours to $0.00002945 from $0.00002239. Shiba inu community need to start working on utility and bringing more product on the platform. We still suggest to do your own research before investing because there more option in crypto industry that really have great utility that stays forever. Crypto experts are optimistic that the price of Shiba will further increase in 2022. As we can quickly deduct from the table above, the likelihood of the Shiba Inu price coming anywhere close to $1 at current levels of circulating supply is simply not feasible. If youre a speculator, you can sometimes leverage this to your advantage. Expert analysis as token SURGES by 164% SHIBA INU has risen by more than 164 percent in a week showing bearish dominance in the market while dogecoin prices. So it is essential to research any cryptocurrency before you decide to invest in it. SHIB was largely unknown for about half a year after it was created. expected after 2030. Shib coin is a new cryptocurrency that has been designed for the Shiba Inu, famous for being one of the smallest and cutest dog breeds in Japan. Shiba 2023 Price Prediction in INR: Shib is predicted to touch 0.0025 by the end of 2023. Shiba Inu Price Prediction Shib Price is Up, Will it Continue to Climb? The platform aims to reach a coin value of $0.00001474 by the end of 2023, which would reflect a further 19% increase to the present price. The more it is used for transactions, the higher the burn rate. Saudi Aramco is in second place with a market cap of $1.88 trillion and Microsoft comes third with a $1.75 trillion market cap. Even so, this sharp rise was overtaken by the latest doubling of the Dogecoin price. Even reaching lower price milestones, such as $0.01 or even $0.001, seems very difficult. Currently trading at $0.000020, the Dogecoin Killer will need to grow its value by 18 Million percent if it is to reach this target price. The most notable of these products is Shibarium, a layer 2 scaling platform for Ethereum. Shiba Inu Traded Volume SOARS! Shiba inu market volume continue to grow following successful audit and other trading safety protocol. Unfortunately, Shiba Inu (SHIB) will never reach $0.10 or 10 cents because it is financially illogical. The first thing to understand about digital currencies is that there aren't many tangible catalysts for investors to wrap their hands around. The rally has led its market-cap to hit the $15.5 billion mark, putting it back in the top 15 cryptos in terms of market-cap. Even though weve hopefully demonstrated that you shouldnt expect SHIB to ever reach 1 cent, that doesnt mean that there isnt any potential upside for Shiba Inu. We look at relevant market data and examine potential the catalysts behind SHIB's long-term growth. In this article, we look at 3 cryptos to buy , Is it still worthwhile to invest in Solana after the FTX scandal and the recent crashes? This is a big win for Shiba Inu and its investors. While it seems. Yes, its Trillion. Shiba Inu (SHIB) will never reach $0.01 or 1 cent because it is financially absurd and illogical. To make the world smarter, happier, and richer. Shiba Inu Coin could reac. And Shiba Inu supporters -- the Shib Army -- built up excitement about the crypto across social media. However, SHIB is an ERC20 token-based cryptocurrency. The Answer might SHOCK You! This is a . Can SHIB double again? That would be a 1000% plus increase from where the Shib coin is at now, which might sound like a good opportunity to invest. Some do not even believe that Shiba Inu has what it takes to reach $1 by 2026. The Shiba Inu coin, launched less than a year ago and named after the dog breed, is a cryptocurrency that trades as SHIB and champions itself as the "Dogecoin killer.". Soloway's price projections have historically been accurate. SHIB is built on Ethereums ERC20 protocol. The GDP of the entire planet earth is around $80 Trillion. Learn More. Despite its parabolic price jumps in the last few months, reaching $10 will be an uphill task. Right now, Shiba Inu trades for a fraction of a cent. Meme coins like Dogecoin and Shiba Inu Coin were particularly popular. For more context on why its so unlikely anything could boost SHIB to a penny, lets take the example of Bitcoin. Can Shiba Inu Reach $1? If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023? The Numbers are IN! The Federal Reserve estimates that there are around $8 trillion in coins in circulation across the globe. CoinPriceForecast, on the other hand, expects SHIB tokens to end 2022 trading at $0.00017 before rising to $0.0017 by December 2025. Followers are speculating the launch of Shibarium -- a Layer 2 scaling solution -- could happen as soon as next week.
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