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But reaching $1 will be almost impossible in Shiba Inu's current state because it has a supply problem. The Shiba Inu (CRYPTO: SHIB) cryptocurrency opened at a price of $0.00000000008 per token in ...
Around 99.99998% of the current supply will have to be burned to warrant a price of $1, based on Shiba Inu's current market cap. In other words, practically all of the 589.2 trillion tokens in ...
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.
Shiba Inu (CRYPTO: SHIB) entered the cryptocurrency scene with a bang. The crypto industry is benefiting from several tailwinds right now, so it's possible Shiba Inu is gearing up for another ...
Simple math dictates that a price-per-token of $1, multiplied by its supply of 589.25 trillion tokens, would give Shiba Inu a market capitalization of $589.25 trillion.
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 ...
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
But total value locked (TVL) for Shiba Inu is a microscopically small $1.89 million. That ranks #143 among all blockchains and tells me that the "utility" thesis for Shiba Inu is still very weak.