What would it take for SHIB to reach 0.01 $ ?
To reach the $0.01 milestone, Shiba Inu would require a market valuation of approximately $5.89 trillion, based on its circulating supply of 589.26 trillion tokens. This market cap would dwarf the current global cryptocurrency market value of $2.61 trillion. Currently, Shiba Inu has a market cap of $11.21 billion, making it the 13th largest cryptocurrency on CoinMarketCap. The massive jump needed to reach $5.89 trillion would equate to a 52,365% increase—an expectation deemed unrealistic by most experts due to the token’s massive supply and required growth.