#Will Shiba Inu ever reach $1? Let's delve into its fundamental aspects:
- As of 03/05/2024:
- Ranked No. 10
- Market capitalization: $25.34 billion
- Fully diluted market capitalization: $25.35 billion
- Market dominance: 1.01%
- Circulating supply: 589.29 trillion
- Total supply: 589.53 trillion
- All-time high: $0.000088450814267 (2021-10-28)
- All-time low: $0.000000000081646 (09/01/2020)
Calculating the price per Shiba: ($25.34B ÷ $589.29T) = $0.0000430008993873.
For Shiba to reach $1, its market cap would have to soar to $589.29 trillion, which is unrealistic considering the total market cap of the crypto market is $2.52 trillion.
Alternatively, if Shiba's supply were drastically reduced from 589.29 trillion to $25.35 billion, matching its current market cap, then reaching $1 would be conceivable. However, this scenario is highly improbable.
Nevertheless, it's worth noting that 70% of Shiba's supply base transaction fees on the Shibarium layer 2 network are used to burn Shiba. As of January 2024, Shiba Inu has burned 9.9 billion Shiba.
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#TrendingTopic #SHIB /USD #SHIBA ✅🚀
#shibainu

LAS 15 MEJORES MONEDAS DE TENDENCIA HOY:

🎮 1. GALA:
Juega y gana monedas GALA. ¡Es divertido y gratificante!

❤️ 2. CORAZÓN:
Difunde amor y ayuda a otros con monedas CORAZÓN.

🌕 3. LUNA:
¡La moneda MOON apunta alto, como el cielo!

🧘 4. OM:
Relájate y gana dinero con OM. Se trata de paz y ganancias.

🔗 5. ETHFI:
Una nueva forma de utilizar Ethereum. ¡Más rápido e inteligente!

🏡 6. BOME:
Ayuda al planeta e invierte en bienes raíces con BOME.

😂 7. SLERF:
SLERF es misterioso pero llama la atención de todos. ¡Únete a la diversión!

☀️ 8. SOL:
Rápido y potente, SOL es el futuro de las aplicaciones en línea.

🪐 9. SALTAR:
JUP está haciendo que blockchain sea seguro y fácil para todos.

📡 10. esposa:
Manténgase conectado y gane con Wi-Fi, gracias a WIF coin.

🐸 11. PEPE:
La moneda PEPE es divertida y está en crecimiento. ¡A todos les encanta un buen meme!

🖼️ 12. RNDR:
Artistas y creadores, RNDR les ayuda a ganar dinero con su arte.

🌍 13. ETH:
ETH es grande y está mejorando, impulsando las aplicaciones inteligentes del futuro.

🌴 14. LNG:
Encuentra tesoros y aventuras con el emocionante juego de NGL.

🚀 15. CERCA de:
Crea cosas increíbles en línea con NEAR, es fácil y rápido.

🌟Apoya la causa
Si esta guía le resultó útil, considere mostrar su agradecimiento dando propina a través de la función de propinas de Binance. Su apoyo impulsa la creación de más contenido de alta calidad.#TendenciasCalientes #2024
Descargo de responsabilidad: Incluye opiniones de terceros. Sin asesoramiento financiero. Consulte los términos y condiciones.

Can SHIB Reclaim $0.00004 By March End?
Currently trading at about $0.00002507 after a steady phase, Shiba Inu (SHIB) is at a crossroads, facing the big question: Can it reach the sought-after $0.00004 mark by March's end? The digital token recently saw an 11% drop within 24 hours, now setting its sights on the $0.00003 threshold, as reported by CoinGecko.
Historically, SHIB's major leaps have aligned with Bitcoin's (BTC) milestones, particularly when BTC soared towards its $73,000 peak. As Bitcoin often sets the pace for the crypto market, a breakout from BTC could potentially elevate SHIB among other speculative altcoins.
However, with no significant updates or breakthroughs in the pipeline, hoping for a repeat of past windfalls—powered solely by Bitcoin's performance—may not lead to enduring gains. The SHIB community and its developers are focusing on wider adoption and the SHIB Burn Portal to improve its economic model, which could be critical for its journey upwards.
While a spike driven by overall market excitement might temporarily push SHIB over the $0.00004 line, maintaining that position could be a challenge without meaningful project advancements.
Forecasting SHIB's fate by the end of March hinges on market mood. A bullish trend could see it achieving the $0.00004 target, but a bearish wave might leave this goal unmet. Stay tuned as we follow this space for more updates.
#SHIBA🔥 #ShibaPriceAnalysys #ShibaPricePrediction #SHIB/𝗨𝗦𝗗𝗧 #Shibaprice