Is Shiba Inu coin dead?

Ignore Shiba Inu and Buy These Cryptos Instead

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.

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.

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.

Is Shiba Inu coin a good investment?

Even before SHIB took off in 2021, many investors doubted its utility. But it was speculation that prompted many investors to buy the coin, resulting in a significant increase in demand. Shiba Inu has tremendous potential when it combines effective market strategies with positive market sentiment.

Will Shiba Inu coin reach $1?

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.

The SHIBA INU IS "DEAD" ARGUMENT..

Will SHIB 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.

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.

How much Shiba Inu coin should I buy to become a millionaire?

Elon Musk in another tweet said that in order to be a millionaire you need 3 million Shiba Inu coins.

Why is Shiba coin worth so little?

The maximum supply of Shiba was set to 1 quadrillion tokens, which is much higher than most cryptocurrencies. The enormous token size caused Shiba's price to be much lower than most assets with similar market capitalizations.

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 Shiba go up 2023?

No, Shiba Inu won't reach $1 in 2023. It's highly unlikely to hit $0.01. However, it is possible that Shiba Inu could still move much higher in the coming months. That aforementioned launch of Shibarium certainly could spark increased interest in Shiba Inu.

How high can Shiba 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.

Will Shiba Inu make millionaires?

Considering its historical movements and network developments, Shiba Inu indeed has the potential to increase its price and even make a careful investor a millionaire, although it might be a long way before it reached the likes of Bitcoin and Ethereum (ETH) in value per unit.

What if I invest $100 in Shiba Inu today?

Investing $100 in SHIB: A $100 investment in Shiba Inu today could purchase 7,390,983 coins based on the current price of $0.00001353 at the time of writing. If Shiba Inu gets back to its all-time high of $0.00008845, the $100 investment would turn into $653.53, marking a return of 553.7%.

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.

Will SHIB reach $1 cent in 5 years?

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.

Can SHIB reach $10 dollars?

Though the coin had very limited popularity at the beginning it surges in the year 2021 and came into the limelight. As per the past records, it is shown that Shiba Inu traded at US$0.00001377. Seeking the coin promising growth experts to proclaim Shiba Inu will be worth $10 by 2024.

What if I put $1,000 in Shiba Inu last year?

Shiba Inu: $1,000 in 2020 Becomes $19 Million in 2022.

How many Shiba Inu coins do I need for $1000?

The conversion value for 1000 USD to 87412587.413 SHIB. BeInCrypto is currently using the following exchange rate 87412.588. You can convert USD to other currencies like XRP, USDC or DOGE. We updated our exchange rates on 2023/04/04 13:03.

What if Shiba hits $1 dollar?

If SHIB were to hit $1 by the end of 2023, this would imply a gargantuan return of nearly 12,000,000%. And at $1, Shiba Inu's market cap, assuming there are the same number of tokens outstanding, would total a whopping $549 trillion.

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.

How many coins will Shiba Inu burn total?

Shiba Inu Will Take 1,157,174 Years to Burn Supply To 100 Billion Tokens, Crypto Analyst Says.

Can Shiba hit .001 cent?

What would need to happen for SHIB to moon to $0.01? To hit the equivalent of a penny, Shiba Inu would need to deliver a roughly 111,900% return from where it was trading in the wee hours of Jan. 11, 2023. For this to happen, a number of catalysts and events would need to be flawlessly executed.