When Could Shiba Inu Reach $100, $500, or $1000?

By press time, the Shiba Inu price had traded at $0.000018 while boosting its market cap to $10.83 billion. Currently, this meme coin exchange hands way below the $1 mark, and the idea of it hitting $100 or beyond would require an astronomical rise in its market capitalization.

If the SHIB circulating supply remains the same, a rally to $100 would require its market cap to exceed $58.9 trillion. This value is 25.28 times larger than the entire global cryptocurrency market of $2.33 Trillion.

Therefore, achieving a price target of $100, $500, or $1000 would demand overwhelming capital inflow, which seems likely in the coming decades.#shiba⚡ #SHIBAUSDT #SHib CryptoWatchMay2024 #Shibainuholder $SHIB