Will Shiba Inu Reach 1 Cent?
Here’s why you should search better projects and Coins than shiba!
Shiba Inu Price Prediction 1 Cent Detailed Analysis
To reach 1 cent, Shiba Inu will have to rise 1,205x. At 1 cent, Shiba Inu’s market cap would be worth around 5.9 trillion. If SHIB were to grow at the rate of 25% every year, it would take Shiba Inu about 40 years to reach 1 cent. But that is only a theoretical possibility, which is impractical in reality.
Even during SHIB’s all-time high in October 2021, when the token was trading at $0.0000881, SHIB would have needed to increase in price by 113x to hit a price of $0.01.
Let us look at all the data in hand to determine whether Shiba Inu can reach 1 cent.
◦ Quality of Investment – Moderate
◦ Growth required to reach 1 cent – Not Feasible
◦ Market Cap at 1 Cent – Not Feasible
◦ Time to reach 1 cent if Shiba Inu Grows at 25% every year – Not Feasible
Therefore, i would say that Shiba Inu is unlikely to reach 1 cent at current level of circulating supply.
I am not advising anyone to neither buy or sell, this is my opinion.
