Is Shiba a dead coin?

It's clear that the Shiba Inu meme coin is dead, so there's no reason to wait around hoping that it'll eventually bounce back. It's very likely that isn't going to happen.

What is the future of Shiba Inu coin?

Price Prediction of 2023

Shiba Inu's expansion appears to be influenced by the token's introduction into the metaverse. We anticipate that Shiba Inu's share of this market will result in gains for the coin. We predict that the SHIB price will rise to $0.000036 in 2023.

Will Shiba coin ever recover?

According to crypto analysts, if the crypto market rebounds to 2021 performance, Shiba Inu's price can reach $0.0001 in 2022. They also predict that the Shiba Inu price will touch $0.00015 by 2023, $0.0002 by 2025, and $0.01 by 2030, making an all-time hit.

Is Shiba coin failing?

Shiba Inu (SHIB) has been a leading project in the world of Web3 since the infamous token burn of October 2021. This event saw almost half of SHIB's token supply eradicated, which has contributed to a more deflationary tokenomics structure. Despite this, the Shiba Inu coin has failed to progress in recent times.

Should I still buy Shiba Inu coin?

It is also important to note that shiba inu has no intrinsic value. It may seem valuable, considering its market cap, but its value is only entertainment-based. Keeping this in mind, it would not be wise to invest too much of your money in shib.

The SHIBA INU IS "DEAD" ARGUMENT..

Will Shiba hit a penny?

The current price of SHIB is about $0.000013. Hence, if SHIB gets to $0.01, investors would make over 700 times their money. In any case, Shiba Inus would require a market cap of about $5 trillion to get to $0.01, which is an enormous amount of money.

How long will SHIB reach $1 cent?

To reach 1 cent, Shiba Inu will have to rise 900x. At 1 cent, Shiba Inu's market cap would be woth around 5.8 trillion. If SHIB were to grow at the rate of 25% every year, it would take Shiba Inu about 30 years to reach 1 cent. But that is only a theoretical possibility, which is impractical in reality.

How much Shiba needs to be burned to reach $1?

But how many tokens need to be burned to generate a price of $1? All else equal, shrinking the supply to 7.5 billion tokens would theoretically result in a price of $1, based on Shiba Inu's current value of $7.5 billion.

Can Shiba Inu hit 10 cents?

Can Shiba Hit 10 Cents? As per Shiba Inu price forecasts, SHIB will not hit 10 cents within the next 10 years.

Is Shiba good for long term investment?

Should I Invest in Shiba Inu? Shiba Inu is one of the top meme coins in the market today. This gives it the potential to do well in 2023 and beyond. However, investing only what you can afford to lose is important.

How much Shiba Do I need to be a millionaire?

Elon Musk in another tweet said that in order to be a millionaire you need 3 million Shiba Inu coins. And we believe that if the Shiba Inu community grows big and keeps supporting the coin, the prices will rise soon.

Will Shiba Inu make millionaires?

Shiba Inu (SHIB 1.46%) may have helped create some millionaires in the past. The popular meme token soared about 45,000,000% back in 2021. And as Shiba Inu skyrocketed, more and more investors flocked to this crypto with dreams of getting rich, too.

What will $1 million Shiba Inu be worth?

Since its launch in August 2020 as a direct competitor to Dogecoin (DOGE), the dog-inspired cryptocurrency Shiba Inu (SHIB) has risen to popularity, and now crypto traders and investors can get their hands on over 1 million Shiba Inu coins for as little as $12.

How many Shiba Inu coin are left?

The total supply of Shiba Inu tokens is 1 quadrillion (1,000,000,000,000,000) SHIB. The large total supply of Shiba Inu is intended to emphasise the humorous and meme-based nature of the cryptocurrency.

Will SHIB ever rise?

According to our SHIB price prediction as of January 2023, SHIB could see significant gains in 2023. Currently, the price prediction by CoinCodex is estimating that SHIB will increase in price to $0.00003547 in one year, which would represent a price increase of more than 3x.

How high can Shiba Inu go?

Based on Shiba Inu's past price history, analysts predict that the minimum price of SHIB in 2023 may be about $0.0000176, with a maximum expected price of around $0.0000212 and an average trading price of $0.0000182. This indicates a potential return on investment of over 50% based on the current prices.

How much is $100 million Shiba Inu worth?

Current value of 100000000 SHIB in USD is 1,116 USD

This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 100000000 SHIB when 1 SHIB is valued at 0.000011 USD.

What happens if SHIB hits 1 cent?

If SHIB were to reach $0.01, it would have a market capitalization of approximately $5.89 trillion, which would be 4.6x larger than Bitcoin at its very peak. At the time of writing, Apple is the world's most valuable company, with a market capitalization of about $2.14 trillion.

What crypto will explode in 2023?

Ecoterra (ECOTERRA) – Green Crypto Offering High Recycling Rewards. Metropoly (METRO) – Real Estate Altcoin with Real World Utility. RobotEra (TARO) – Rebuild the Metaverse in a Sandbox-Like P2E World. Lucky Block (LBLOCK) – Vast Crypto Casino With Instant Payouts and a Huge Sportsbook.

Can Shiba reach $1 dollar in 10 years?

At that pace, it would take more than 7,100 years to achieve the goal. On a positive note, that's a little sooner than one of my previous predictions of more than 10,000 years. But the bottom line is this: Not only will Shiba Inu fail to reach $1 in 2023, but it's also unlikely to get there in our lifetime.

Can SHIB burn enough coins?

Burning Shiba Inu to $1 is over 25 years away

Burning 90% of the original supply would leave $100 trillion SHIB tokens in circulation.

Will SHIB hit a penny by 2030?

Shiba Inu is one of the most popular cryptocurrencies and is widely adopted at this point. With supply continually going down, and demand on the rise, Shiba Inu is likely to test the $0.001 mark in 2030 for the first time since it was launched.

Can SHIB go to 50 cents?

Unless something fundamental such as its volume, changes, Shiba Inu cannot reach $1, or even 50 cents for that matter. But it might reach 1 cent after some years of token burns and deflationary mechanics.