đ„đ„đ„ Here is #Shibalnu Price If It Captures Half of #bitcoinâïž Market Cap
Shiba Inu joined the recent crypto market relief rally, posting an impressive 11.46% surge in 24 hours, climbing from $0.000013 to $0.00001449 between September 18 and 19.
SHIBâs Current Performance
- Although Shiba Inu experienced a slight pullback after the rally, the token continues to trade above its previous levels.
Currently, SHIB is priced at $0.00002003, reflecting a 7.63% increase over the past week. Despite this bullish move, Shiba Inu is still down 68.24% from its yearly high of $0.000045. Yet, the SHIB community remains optimistic about its long-term potential, with some analysts issuing favorable predictions.
- Shiba Inuâs Potential if it Captures 50% of Bitcoinâs Market Cap
Experts suggest that Shiba Inu could reach new heights by potentially capturing half of Bitcoinâs market cap. With SHIBâs current market cap of $8.52 billion, it ranks as the 13th largest cryptocurrency, while Bitcoin leads with a $1.24 trillion market cap.
- If Shiba Inu were to capture half of Bitcoinâs $620 billion market cap, its price could skyrocket from $0.00002003 to $0.00105, marking a staggering 7,277% gain. At this price, a 100 million SHIB portfolio currently worth $2,003 could be valued at $105,000.
Timeline for SHIB to Reach $0.001
- The $0.001 target has gained traction within the Shiba Inu community. Changelly analysts previously projected SHIB could reach this milestone by 2032, with an average price of $0.00109. In an updated report, they now predict SHIB could hit $0.001 by 2033, with a potential maximum price of $0.001199.
Can SHIB Reach $0.001?
- Reaching $0.001 is challenging for Shiba Inu due to its large supply, though it saw a 7,692,207% rally in 2020/2021. With 410.72 trillion tokens burned and projects like Shiba Eternity, SHIB: The Metaverse, and Shib Hub driving adoption, optimism remains high despite uncertainty around hitting the $0.001 target.
Source - thecryptobasic.com
