Above prediction is based of average performance of shiba inu from past 6 months. The Shiba Inu team is working on key products like Shibarium, and SHIB is positioned well thanks to numerous crypto exchange listings. But it might reach 1 cent after some years of token burns and deflationary mechanics. 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. With the launch of Shibarium, just about all SHIB transactions that occurred previously on Ethereum will now take effect on Shibarium. Although the possibility of the Shiba Inu coin being worth $1 is slim, it is not impossible. Burning the SHIB token is a way to reduce the total supply. The. I don't think so. Bitcoins price had repeatedly broken out of a long sideways movement, resulting in a 40% increase. Again, as with the $1 price milestone earlier in the article, the short answer to whether the Shiba Inu coin can reach 50 cents is no. $1 means almost 1803651% up from price $0.00005544 USD. Finally, if Shiba Inu were to reach $0.001, it would have a market value of nearly $550 billion. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. However, SHIB is an ERC20 token-based cryptocurrency. Many publications, YouTube videos, and forum postings say that Shiba Inu (SHIB) cryptocurrency can or will reach a value of $0.10. For the last 7 days, Shiba Inu prices have been fluctuating and trading within the $0.000020 and $0.000022 range. Yes, its Trillion. Crypto asset investing is highly volatile and unregulated in some EU countries. Will Shiba Inu prices rise again? If youre interested, check out our list of the meme coins that could be the next to explode. 1/2 ? Will Shiba Inu Reach $1 USD? Initially, there were 1000 Trillion SHIB (1 Quadrillion), but around 451 Trillion has been locked away or burned forever. To make the world smarter, happier, and richer. Dogetti is inspired by The Godfather and presents a fun concept to the meme coins currency. Achieving a 113x multiple from a $43 billion market cap asset would be next to impossible. With the hype around Dogecoin, other meme coins enjoyed some interest. Several factors contributed to this. #SHIBA is a popular coin with a. This low price was a reflection of Shiba Inu's creator placing 1 quadrillion tokens in circulating supply. The only significant difference was the creator built Shiba Inu on the Ethereum network. Their popularity was mostly due to the promotion of Dogecoin by popular individuals such as Elon Musk and Mark Cuban. Learn More. The SHIB price is currently $0.000007949 at the time of writing. Shiba already beat top utility token that include Avalanche, Chainlink, Litecoin, Polygon and more. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Its absurd that the total market cap of SHIB will be more than Bitcoin, Ethereum, Apple, Tesla, and other valuable companies when SHIB is nothing but an Ethereum based ERC20 token. Additionally, transaction fees can soar during these periods of congestion. The price of SHIB soared from 0.00001 to 0.000014 US dollars. Not even in our lifetime. It means the Shiba Inu (SHIB) coin does not have any independent mining network. If more tokens are burnt, it will increase demand as supply dwindles. New Uptrend 2023? According to our SHIBA INU price prediction, SHIB is expected to reach a price of $ 0.000016 by Mar 07, 2023. There is little indication to believe that the burn rate will be sufficient to propel the price of Shiba Inu to 50 cents. The most notable of these products is Shibarium, a layer 2 scaling platform for Ethereum. Meme coins, in particular, had to accept even greater losses. websites is a tad more optimistic. (source). As weve shown, such a price level would imply a completely unrealistic market capitalization of $5.89 trillion for Shiba Inu. Though it expects Shiba Inu prices to carry on with an uptrend, their analysis indicates the highest that SHIB token prices can reach $. And Shiba Inu supporters -- the Shib Army -- built up excitement about the crypto across social media. Cryptos are Consolidating! SHIB jumped 35% in the past 24 hours! The creator of Shiba Inu is known under the pseudonym Ryoshi. The market capitalization of different prominent stocks and metals throughout the globe is shown in the table below. Thousands of mining machines (rigs) are used by independent miners across the globe to keep the network functioning. That'd be bigger than all but five publicly traded companies in the United States and would make no sense given SHIB's complete lack of utility. Moreover, it has extended to include tokens such as LEASH, BONE, TREAT, and SHI, which serve numerous purposes in the environment. The rally in Shiba Inu is widely supported by the volumes which rose more than 250 per cent in the last 24 . What would it take for Shiba Inu to rally close to 8,900% and hit $0.001 in 2023? Shiba Inu Price Explodes By More Than 90% since Jan! Dogetti: The Dogefather of Meme Coins Family and community are the foundation of this coin's success. Missed DOGE? window.__mirage2 = {petok:"S5ZfuvMr9gpFxs7mm17UrMNwLXT4yuie2mYpDgWsvYs-1800-0"}; SHIB Price Prediction, 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. SHIB. Shiba Inu runs on a decentralized computer system with a blockchain database. For starters, it has no real value. At the time of writing, Apple is the worlds most valuable company, with a market capitalization of about $2.14 trillion. Shiba Inu will definitely reach 10 cent in 10 years alot of investors are moving in Meanwhile, major cryptocurrencies exchanges have them on their platform.. Buy and hold for the said 10 years 1 David Turner Former Litigation Partner (Ret.) Shib price prediction 2025 in INR: Shiba Inu is predicted to touch 0.008 by the end of 2025. The Shiba Inu project recognizes the potential of the virtual world and has launched non-fungible tokens to tap into its ecosystem. Listing partnership on coinbase, webull, robinhood to act like a positive catalyst for Shiba Inu price to make overnight millionaires. Therefore, according to simple reasoning, the SHIB coin will never even reach a valuation of $0.10 or 10 cents. Why the sudden change of heart, though? Meme coins like Dogecoin and Shiba Inu Coin were particularly popular. That represents a whopping 2.1 million percent jump. On the Ethereum network, its another ERC20 token. Crypto experts are optimistic that the price of Shiba will further increase in 2022. That's when it soared a mind-boggling 45,000,000%. Shiba slips down by 15% after elon musk tweet but again Shiba recover and again towards of reaching new high record. Will Shiba Inu Reach 1 Cent? To Shiba Inu (SHIB) reach $0.10, the total market cap of SHIB has to be 549 Trillion x $0.10 = $54.9 Trillion. There is a lot of optimism within the crypto community that Shiba Inu prices will resume the climb and continue rising into the near future. Of course, theres no guarantee that a coin will ever reach its previous all-time high again. 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. Cost basis and return based on previous market day close. As of writing, SHIB's price trades at $0.00001234, with a decline of 0.64% in the last 24 hours. Shiba 2023 Price Prediction in INR: Shib is predicted to touch 0.0025 by the end of 2023. And why do they not believe it can hit $10 in the next 5 years? While $0.001 might be a target SHIB holders like to dream about, it's far likelier Shiba Inu gets sent to the doghouse in 2023. Is SHIBA INU even Alive? however, Robinhood faces backlash for memecoin listing and even other exchange also facing similar kind of situation. Almost every cryptocurrency lost more than half its value in 2022, and the price of SHIB dropped by about 80%. Shiba Inu Price Prediction: SHIB/USD Weekly chart showing the price GoCharting. Shib price prediction 2030 in Indian Rupees: Shiba Inu is . All of this means Shiba Inu isn't likely to reach $0.01 anytime soon. Most probably between end of 2024 or even start of 2025. At its all-time high, SHIB had a market capitalization of $43 billion. At the moment, no one believes that Shiba Inu will reach $10 in the near future, and certainly, no one believes it will reach $100 in our lifetime. When he is not writing, he is looking to meet new people. That would be a near 620% increase from where the Shib coin is . Shiba currently holding 11th position in market cap ranking right after Dogecoin and difference between Dogecoin & Shiba market cap is around $9 Billion USD. In reality, you shouldnt be looking at a coin or tokens price per unit when trying to see if it is undervalued or overvalued. And that doesn't weigh in Shiba Inu's favor. In other words, it removes coins from the circulating supply and, in theory, makes each remaining token that much more valuable. We know top market exchange also interested to bringing shiba on their platform after seeing huge spike in community. Today, most do not expect Shiba Inu prices to even come close to $1 by 2030. Followers are speculating the launch of Shibarium -- a Layer 2 scaling solution -- could happen as soon as next week. Shiba token burning program protocol has changed, as initially token was transferred to Ethereum founder wallet. Coin burn involves sending tokens to a dead blockchain address where they can no longer be accessed. The currency will be used to pay for items on doggi.shop, which sells all sorts of handmade products from traditional Japanese crafts such as gifts and stationary to modern designs like bags and jewelry made with Shib coins themselves. Shiba community crossed 1 million marks on social media platform including twitter, telegram, discord, reddit and more. How high can Solana go? Even so, this sharp rise was overtaken by the latest doubling of the Dogecoin price. So, despite SHIB being similar to other ERC20 token coins, the community is the differentiating factor. Apple, Tesla, Google, etc., are precious companies because they make excellent products that consumers use and love. On October 29, 2021, Shiba Inu's price increased by more than 10 times, giving the company a $41 billion market value. As it happens, Shiba Inu first spurred these hopes when it skyrocketed by over 1,069% to its all-time high (ATH) of $0.00007924 back in late October 2021, only to drop 86.75% since then, at press time changing hands at the price of $0.00001137, as per data retrieved on March 3. Because of the nature of these coins, this is the case. For more context on why its so unlikely anything could boost SHIB to a penny, lets take the example of Bitcoin. 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. 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. The Numbers are IN! Well explain why SHIB will never achieve 10 cents in this essay. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The will shiba inu reach $1 cent in 2022 is a question that many are asking. Response from investor and real user are unreal because it giving tough competition to dogecoin community in term of voting. SHIB was largely unknown for about half a year after it was created. Coin Price Forecast predicts Shib will trade at $0.00004266 at the end of 2022. Kusama told the Shiba folks that the Shibarium would come very soon.. The Motley Fool has a disclosure policy. The price dropped dramatically from $0.000014 to $0.000009. 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. Jack Ma, Elon Musk, Edward Snow, Chamath, cathie wood, Changpeng Zhao and jack dorsey tweeted when shib will explode to reach 1 cent or $1 in 2021. Shibarium is being established as a layer-2 blockchain to improve the scalability of Shiba Inus host chain Ethereum. Ironically, the catalyst that brought Shiba Inu to the limelight was Dogecoin, which Shiba Inu was meant to replace. 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. But the cryptocurrency's potential is limited -- and as we saw last year, declines may happen quickly at any moment. Nicknamed the "Dogecoin killer," many. On the Ethereum network, SHIB is a monetary token. Shiba Inu gave back some of those gains last year, when it fell along with the entire cryptocurrency market. 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. We also can see that we will get Shiba Inu at a cheaper rate than what is now. Let's take a closer look. LATEST Shiba Inu Prediction 2022: BUY SHIB at the current SUPPORT? And according to the CoinMarketCap list of the largest cryptocurrencies, Shiba Inu - the Dogecoin Killer - is ranked in the top 15 cryptocurrencies w. ith a market capitalisation of $11 Billion. Unfortunately, those claims are not only misleading; its dangerous for us the retail investors. SHIBs entire market value will be $54.9 trillion at a $0.10 valuation, which is 2.5 times more than US GDP, 54 times more than Bitcoin, 100 times more than Ethereum, 27 times more than Apple Inc. (AAPL), and 55 times more than Teslas (TSLA) market cap. They are, however, not convinced that the token can reach $100 or $10 in the next few years. But at the end of the day, the significant winners were Dogecoin and Shiba Inu. Its why they are Trillion dollar company. As a result, Crypto traders are keeping an eye on. There you have it, Shiba Inus goal is not to reach $10 or even $1. There are still some coins that are worth investing in. Elon musk is huge successor of meme coin because of his tweet and support for Doge, Shiba and other memecoins. Let's elaborate. 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. 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. But we have to give credit where credit is due. So many factors stand in the face of the ERC-20 only token, blocking and preventing it from reaching a $10 valuation in the foreseeable future. Invest better with The Motley Fool. But can Shiba Inu truly rally almost 8,900% in 2023 and reach $0.001? So, it is possible for Shiba Inu also to reach 1 cent. SHIB is a monetary token on the Ethereum network. On Reddit, Twitter, Facebook (Meta), YouTube, and other social media sites, the SHIB community is active. Here are 3 Cryptos to Buy in March 2023. In fact, it is still very unlikely, but it is theoretically possible. We can expect 1 cent mark probably in year 2022. That said, people keep actively asking whether the Shiba Inu coin price could keep eating zeros and reaching the cent figure. Nevertheless, rumors have been swirling on social media that this public test is coming relatively soon. The answer to this question is no, it will not reach 10 cents. 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? 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. It is not anchored on unique blockchain technology - just hosted on Ethereum, it has not achieved a medium of exchange status, and it has no real value. The Big Ripple Price Prediction for 2023 How high can the XRP price go in 2023? A Look at Price Movement So Far 2021 was an exciting year for Shiba Inu Coin. In this context, the factors of project niche, marketcap, revolution, and innovations are significant. In today's episode, I discuss when Shiba Inu Coin will reach a penny! This does not mean it is a certainty. In order for SHIB to hit $0.001, the development, public test, and launch of Shibarium would have needed flawless execution. 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. The current price of Shiba Inu is $0.000012, and the 24-hour trading volume is $171 billion. So expecting Shiba Inu's price to reach 1 cent without any context is unrealistic. Each offers distinct ways for stockholders to raise their investment return. Well based on extrapolating data from November 1st 2021 (the all time high market cap) and February 4th 2023 (I just picked this date for no particular reason). The first decentralized cryptocurrency was. In August 2020, when Shiba Inu made its debut, it was one of thousands of nondescript tokens looking to make a name for itself in the digital currency space. Even the thought of getting here is simply unfathomable. When the clock struck midnight on Jan. 1, 2021, investors had the opportunity to scoop up SHIB coins for just $0.000000000073. The most you can do with SHIB tokens is transfer them from one wallet to another. 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. 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.". As a result, basic logic dictates that the SHIB coin will never attain a value of $0.10 or 10 cents. 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. This could be similar to the run of Dogecoin itself. It's certainly not impossible; but it'll need a lot of help to get there. This sparked a cryptocurrency rally. Keep track of your holdings and explore over 10,000 cryptocurrencies. It's somewhat similar to a publicly traded company enacting a stock buyback. 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. Being an emotional investor taints our judgment and causes us to make poor financial judgments. Put another way, a $1 investment at midnight on Jan. 1 would have made you a millionaire by late October. As for less tangible catalysts, SHIB would need a historic amount of social media buzz to drive its token price to $0.001. To get Shiba Inu (SHIB) to $0.10, the entire market value of SHIB must be $54.9 trillion multiplied by $0.10. 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. The total cryptocurrency market of all coins and tokens combined is under $2 trillion. When there are viral social media campaigns urging people to buy Shiba Inu in order to get SHIB to a penny or get SHIB to $1, some people dont stop to think about what that would actually entail because $0.01 and $1 seem like small numbers. While it seems. We will concede that this answer could change dramatically in the future. SHIB or DOGE: Is Shiba Inu better than Dogecoin in 2023? SHIB is trading up 29% to $0.00001037 at the time of writing. 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. This is a huge difference from its 2021 lows of $0.00000516 and market cap of under $1 billion. CLICK THIS LINK TO TRADE SHIB AT BITFINEX! SHIB: The Metaverse and a blockchain edition of the Shiba Eternity game are two such examples of such initiatives. Can Shiba Inu Reach $1? In fact, it offers a lot less in some cases. Are you lookingfor a chart analysis toolthat doesnt distract you with community messages and other noise? But that would depend on the success of the projects and whether they increase the level of adoption for Shiba Inu. While SHIB has seen massive price increases in the past, the chance of hitting large multiples becomes smaller as the market cap of the asset grows. From the above chart, we see that for SHIB to reach 10 cents, the total market cap of Shiba Inu has to be 549 Trillion x $0.10 = $54.9 Trillion. But not a single price prediction we have come across shows the possibility of SHIB tokens selling for $10 any time soon. CoinCodex is a cryptocurrency data website that tracks 23389 cryptocurrencies trading on 420 exchanges and provides live crypto prices. Then in the middle of next year, the crypto price forecaster sees Shiba rising to $0.00005546. This is especially true for Shiba Inu, which has only been around since the summer of 2020 and therefore doesnt have a long price history that would help us understand how SHIB tends to behave across crypto market cycles. To make the world smarter, happier, and richer. 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. Shiba Inu is an ERC-20 token that's built on the Ethereum (ETH -0.43%) blockchain. 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). Shiba Inu Coin ON THE MOVE! At its peak, the total cryptocurrency market cap was just slightly above $3 trillion. Just like the broader crypto market, the Shiba Inu (SHIB) price is currently at a crucial turning point from a technical chart analysis. Over the past nine months, only 56 new merchants have come to accept Shiba Inu as payment on Cryptwerk. Its another ERC20 token on the Ethereum network. Over the past 24 hours, Shiba Inu has experienced a decline of 0.12%. Shiba Inu has a circulating supply of 549.063 Trillion SHIB tokens. No, Shiba Inu will probably never reach and sustain a $10 token valuation. Click here to watch the talks of the amazing Berlinverse speakers. Can Shiba Inu coin reach 1 cent or $1? Shibarium is the foundation for all of Shiba Inu's other potential ecosystem ventures. Many articles, YouTube videos, and forum posts claim Shiba Inu (SHIB) crypto can or have the potential to reach $0.10 in value. Because Shiba Inu is constructed on Ethereum, these considerations have slowed significantly the SHIB networks development. But will the gains last and help lift Shiba Inu to $0.01? In contrast to Dogecoin, which has its own blockchain, SHIB is issued on the Ethereum blockchain. The Shiba Inu project will reach a price of ten cents by 2024, based on the growth of the . It's going to take some time but 50 mill shib at 1c,5c,10c,50c or $1 per t. The team behind SHIB has already tried to create more utility for the token with other related projects, such as Shiboshis (Shiba Inu NFTs) and ShibaSwap DEX. Further, Shibarium's launch was widely expected last year. [CDATA[ The whole cryptocurrency market cap, including all coins and tokens, is less than $2 trillion. Generally, the burning mechanism for SHIB depends on its usage. More than 1500 ATM across world now support Shiba token along with many marketplaces also starts accepting Shiba token as payment. This Meme Coin PUMPED 50% in the past 24 hoursWill it continue to Grow? The hype surrounding Shiba Inu ( SHIB) is still there amid ongoing discussions on whether it faded away or not due to recent on-chain metrics. CoinPriceForecast, on the other hand, expects SHIB tokens to end 2022 trading at $0.00017 before rising to $0.0017 by December 2025. The only way that shiba inu eats zeros is if the quantity of coins drops drastically. Big News: Ripple Price is about to TRIPLE? In recent weeks, theShiba Inu coinhas seen significant price fluctuations. You can use Shiba Inu to pay at certain merchants. As investors, we must be passionate about our investments. Shiba Inu token is a meme coin created in August 2020 by an anonymous individual called Ryoshi. Still, Shiba Inu, trading at a fraction of a cent, has a long way to go to reach $0.01. On Wednesday, the price of Shiba Inu coinwhich trades as SHIBsurged 33% to reach an all-time high of $0.00005478. The possibility of such price action taking place is theoretically impossible, given that the global GDP for all countries is just around $100 trillion. From our experience, we can confidently say, the long-term success of a cryptocurrency largely depends on technology and community. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. In January 2022, NFT trading volume totaled $17 billion. In this article, well discuss the prospects of Shiba Inu hitting major price milestones and explore SHIB price predictions. As a result, the SHIB coin is not a novel concept. *Average returns of all recommendations since inception. At the time of writing, the ERC-20 token is trading around $0.00002076. Shiba Inu Coin could reac. We can expect 1 cent mark probably in year 2022. Also, developing more utility for the Shiba Inu coin will help its value. More are nonetheless not convinced that Shiba Inu has what it takes to reach $10 in the next 5 years. Elon musk recently asked to reveal how much he holding Shiba token and he replied none. And there is never an accurate answer to the price action and direction that Shiba Inu, or any other cryptocurrency for that matter, will take in the future. By September, Dune Analytics reports that NFT trading volume plummeted 97% to just $466 million. CryptoTicker announces its first NFT Collection How to participate? With its unique 'dog-themed' design and meme-based marketing, it has attracted a loyal fan base and gained a lot of attention from investors. But here's the problem: Shiba Inu actually doesn't offer anything more than the thousands of other cryptocurrencies out there. Shiba Inu is a decentralized cryptocurrency that was launched in August 2021. A currency does not have inherent value long term. As a result, the price per token is extremely lowat the time of writing, 1 SHIB is only worth $0.00001110. But over the past decade, cryptocurrencies have turned this traditional moneymaking strategy on its head. No one expected but now Shiba Inu changed landscape of meme coin niche by following footstep of Dogecoin. Technical analysis by the DigitalCoinPrice website paints a rather grim future for the altcoin. 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? Can Shiba Inu reach 1 cent? Making the world smarter, happier, and richer. It indicates that the Shiba Inu (SHIB) currency has no autonomous mining network. Following the massive drop, the price has gradually returned to normal. This effectively invalidates the pre-market crisis predictions that expected the price rally to thrust it towards $1. Will Shiba Inu reach 1 cent? CoinCodexs SHIB prediction does not see it being worth 1 cent by 2024. Despite Ethereums recent move to aPoS network, transaction speeds are still yet to drastically improve. Lastly, there would almost certainly need to be a large coin burn event. serves as the required gas token for operability within Shibarium, we also would now like to formally announce that each #Shibarium transaction will burn ? 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). Shibaswap, the ecosystems native DEX, can be utilized by stockholders to exchange tokens, take part in governance, create passive income, and buy NFTs. For more than a century, the stock market has been one of the greatest wealth creators on the planet. First, the recent crypto shock took the market by surprise and threw it into disarray. It would be extremely difficult, to say the least. We look at relevant market data and examine potential the catalysts behind SHIB's long-term growth. From trough to peak, a $1 investment in Shiba Inu would have (briefly) made you a millionaire in 2021. Shiba Inu (SHIB) will never hit $0.10 or 10 cents since it is not commercially viable. The Shiba Inu coin, similar to Dogecoin, is a meme-based cryptocurrency that was created in August 2020 by an anonymous person (or a group of people) who go by Ryoshi. A move beyond $0.00000941, a hurdle represented by the 100-day EMA, could clear the path to the upper falling trend line. Even reaching lower price milestones, such as $0.01 or even $0.001, seems very difficult. At a $0.01 valuation, the total market cap of SHIB will be $5.89 Trillion, which is 5 times more than Bitcoin, 10 times more than Ethereum, and 3 times more than Apple (AAPL), and 5 times more than Tesla (TSLA) market cap.