What is Shiba INU?
$SHIB is a decentralized, community-led currency held by millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi."
Thisย meme coinย quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin.
The total supply of SHIB is 589 Trillion coins, with total supply unlocked. Already with $21billion market cap, in the ATH(all time high) the market cap have almost reached $40Billion market cap.
So there is any possibilty to reach 0.1$ or 1$?
SHIB needs to have $59Trillion market cap to have 0.1$ price;
And need $589Trillion maket cap to reach 1$ price;
What is IMPOSSIBLE, due to the fact that crypto total market cap is only $2.5Trillion
What price to expect?๐ฅ
Due to the fact that SHIB have already a big market cap it will be dificult to grow, because to have x2 from now, it also needs to multiplicate by 2 it's market cap value. So there is a probability to reach $80Billion market cap.
If that happens it will have a 0.00014192$ price with x4ROI from now.
As all memecoins, this token is too risky to invest and have small ROI, sp if you want to invest in memecoins buy another one, with smaller market cap, and you will have a probability to have bigger gains. And remember, don't put more than 10% of your total money in memecoins. It's better to invest in good and fundamental projects, like Manta, ARB, TIA, OP, DYDX and much more.
IF YOU SEE SOMEONE SPREADING INFORMATION THAT SHIB WILL REACH 0.1$ OR EVEN MORE JUST AVOID THEM!!! THEY WANT TO DECEIVE YOU!!!
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