Can $shiba reach $0.01?
Shiba Inu (SHIB) price reaching $0.01 is quite difficult based on the current state of the cryptocurrency market, but it is not completely impossible.
Reasons why reaching $0.01 is a challenge:
1. Mass Supply:
The current number of SHIB coins in circulation exceeds 589 trillion coins.
If the price of SHIB reaches $0.01 with the current supply, the total market cap will reach about $5.89 trillion, a number that exceeds the market cap of Bitcoin and all digital financial markets combined.