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Can Shiba Inu Token Reach 1 Cent, $0.1 $1, $10 USD?
No one expected it, but now the Shiba Inu changed the landscape of the meme coin niche by following in the footsteps of Dogecoin. The Shiba token manages to continue its bull run in every market situation, be it bullish, bearish and neutral sentiment. Shiba inu market volume continues to grow following successful audit and other trade safety protocols. Token officially listed on top-tier exchange including Binance, Coinbase, Huobi, FTX and others.
At the time of writing, Shiba is unstoppable as he sets a new all-time record with time after positive news. Yesterday, Shiba beat Ethereum on 24-hour trending volume collectively on DEX and CEX. Over 1,500 ATMs worldwide now support the Shiba token along with many marketplaces also beginning to accept the Shiba token as payment. Robin Hood Market reports that over 300,000 listing requests have been signed and we could see more independent exchanges showing interest in listing Shiba.
Shiba Inu is nothing more than a Japanese dog breed that started out as a meme coin and is now becoming the biggest investment in the world of cryptocurrencies. Since 2020, Shiba has increased by 32k x and people who invested $1000 have already reached investments worth millions. Shiba currently occupies the 11th position in the market cap ranking just after Dogecoin and the difference between the market cap of Dogecoin and Shiba is around $9 billion USD. Shiba has already surpassed the top utility token which includes Avalanche, Chain link, Lit coin, Polygon and more.
Now coming back to the topic, as our platform suggested a different prediction for Shiba Coin, as being one of the small Shiba investors, most of you wanted to know what Shiba’s next target is in the coming months or years. We have seen Shiba listed among the top cryptocurrency gainers on the Coin gecko tracking platform and Coin Market Cap. Now the question will continue to highlight the top gainers list and Shiba will overtake Dogecoin and other cryptocurrencies for the best investment of the year 2021.
Can Shiba Inu reach 1 cent?
We can expect a 1 cent mark probably in the year 2022.
Will Shiba Inu reach $1 USD?
Most likely between the end of 2024 or even the beginning of 2025. $1 means almost 1803651% more than the price $0.00005544 USD.
When will Shiba Token reach $10 USD?
The above prediction is based on the average Shiba inu yield of the last 6 months.
Shiba’s community has surpassed one million marks on the social media platform, including Twitter, Telegram, Discord, Reddit and more. The platform has 3 active products including Shibaswap, leash, and Bone token. Shiba is currently based on the Ethereum block chain and does not currently have much utility apart from NFT and the community. This token is completed by the community and team member with a transparent view of the developer.
Shiba’s market capitalization volume exceeds billions and is now headed to establish a value of half a billion if more investors continue to show the same interest. The investor and real user response is unreal because it gives the dogecoin community a tough competition in terms of voting. We know that major market exchanges are also interested in bringing Shiba to their platform after seeing a huge uptick in the community.
Elon musk is the great successor of the meme coin due to his tweet and support for Doge, Shiba and other meme coins. Elon Musk recently asked to reveal how much the Shiba token was holding and he said no. However, he was working with the developer of dogecoin to bring real utility to the dogecoin ecosystem. Shiba falls 15% after elon musk’s tweet but again Shiba recovers and again comes close to reaching a new record.
Shiba’s token burn and liquidity lockup program pushes the price to the moon and favors the project in terms of bringing in new investors and diamond holders. The protocol of the Shiba token recording program has changed, since initially the token was transferred to the wallet of the founder of Ethereum.
The Shiba inu community needs to start working on the utility and bring more products to the platform. We know that in terms of trading security, it has already passed the criteria of the Binance and Coinbase exchange. However, Robin Hood is facing backlash over the listing of meme coin and even another exchange also facing a similar type of situation. We know that Shiba is a fully community backed coin and more people are keeping their investment in it which is driving prices up.
Still, we suggest that you do your own research before investing because there are more options in the crypto industry that actually have great utility that remains forever. Elon Musk also mentioned something similar in a different way, as they told people to focus more on the product instead of farming, burning, or another non-utility token.