#SHIBUSDT
Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency that has gained popularity as a meme coin. Here's a brief analysis:
*Current Price and Market Cap*: SHIB's current price is $0.00001572, with a 3.79% increase in the last 24 hours. Its market capitalization stands at $9.26 billion, ranking #15 on CoinMarketCap .
*Price Prediction*: According to CoinCodex, SHIB's price is predicted to drop by 34.54% and reach $0.00001025 by June 13, 2025. However, long-term forecasts suggest a potential return on investment of 126.98% if held until October 29, 2025 .
*Key Statistics*:
- *Circulating Supply*: 589.24 trillion SHIB
- *Total Supply*: 589.5 trillion SHIB
- *Max Supply*: 589.55 trillion SHIB
- *24-hour Trading Volume*: $396.33 million
- *Holders*: 1.5 million
*Market Sentiment*: The Fear & Greed Index shows 73 (Greed), indicating a bullish sentiment. SHIB recorded 17 green days out of 30, with 9.15% price volatility .
*Potential ROI*: If you invest $1,000 in SHIB today and hold until October 29, 2025, the potential profit could be $1,269.85, reflecting a 126.98% ROI
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions and analysis are based on historical data and may not reflect future performance. Always do your own research and consider consulting with a financial advisor before making investment decisions.