Will Shiba Inu Reach 1 Cent by 2025, 2027?
Will Shiba Inu reach 1 cent?
Yes, Shiba Inu can reach 1 Cent if about 80% of the Tokens are burnt over the next say 3-5 years.
The Shib community is one of the most well-organized communities in the cryptocurrency market driving the cryptocurrency towards delivering more value to users and not remaining a meme coin. Some traders believe that Shiba Inu is a ‘Shit Coin’ but within the community, there is a huge topic of interest, Can Shiba Inu reach 1 cent? This became a huge thing after Shiba Inu had risen 60 times in 6 months in the head days of 2021.
While a $5.5 trillion market cap for Shiba Inu might sound ambitious today, considering a time frame of 30 years or more and consistent burns of 2-3% annually, the goal could become feasible and the required cap even less daunting
Can Shiba Inu grow 25% every year for 32 years?
It is almost impossible to predict Shiba Inu’s price so far ahead. Given the current levels of differentiation, it is possible to say Shiba Inu will not grow 25% every year for the next 32 years.
Therefore, we can say that given the current levels of differentiation with other tokens, the market size, past performance, and historic benchmarks, it is easy to say that Shiba Inu will not grow to 1 cent.
However, there is one scenario in which Shiba Inu can reach 1 cent.
However, there is one scenario in which Shiba Inu can reach 1 cent.
Before we analyze that, when we first started tracking Shiba Inu’s possibility of reaching 1 cent in January 2022. Shiba Inu’s market cap at 1 cent was $6.7 trillion. This has fallen to $5.9 Trillion. This is due to the aggressive burn program. What if the market cap requirements were to fall to $500 Billion?
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