๐๐๐Good news for Shiba Inu coin user๐๐๐
๐๐๐Shiba Inu Lead Clarifies His Stance on SHIB Reaching $100B Market Cap๐๐๐
At press time, Shiba Inuโs market valuation is approximately $19 billion. Gagainโs suggestion that SHIB could attain $100 billion this season is grounded in the assetโs astonishing performance in the past few days.
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In particular, Shiba Inu has seen its market cap grow by over 400% within the last two weeks from around $5.6 billion to as high as $23 billion. This resulted from its price growing by a similar margin from $0.000009483 to a multi-year high at $0.00004534.
Meanwhile, bearish forces are currently prevailing in the crypto market, sinking SHIBโs price to $0.00003216 at the time of reporting.
Where Shiba Inuโs circulating supply remains steady at 589 trillion throughout this bullish period, achieving a market cap of $100 billion would set its value at $0.00016969. This price implies a potential growth of 427% from SHIBโs current value of $0.00003216.
Remarkably, SHIB recorded similar percentage growth over the past 14 days. Essentially, the asset might exceed the $100 billion valuation much sooner than Gagain expects.