There are currently 589 trillion Shiba Inu tokens in circulation, which means if the price per token reached $1, it would make Shiba Inu the most valuable asset on Earth by a wide margin. In other words, that’s never going to happen.
How long will it take Shiba to reach $1?
What would it take for Shiba to hit 1 cent?
First, to accomplish a $1 token price, SHIB would have to be worth 725 times the market cap of Bitcoin. That means Shiba Inu’s market cap would be $589.7 trillion! That is 6.3 times the global gross domestic product.
Does Shiba Inu coin have a future?
Can a Shiba Inu reach 10 cents?
If Shiba Inu were to reach a penny, the cryptocurrency would be worth multiples more than Bitcoin. Because of the massive amount of capital required for SHIB to reach a penny, it’s highly unlikely this will happen.