$SHIB
🚨Shiba Inu (SHIB): Shiba Inu Price Prediction does not indicate a bright future🚨
Shiba Inu became legendary thanks to its truly astronomical returns in 2021. Shiba Inu returned $1.5 million x between November 2020 and October 2021. Surely, it can do it again. Sadly, math does not lie. It’s easy to grow from a low base. Shiba Inu was worth almost nothing, and to go up by that huge amount was mathematically feasible.
But Shiba Inu’s market cap is now $8.7 billion. It’s a bit of an oversimplification, but a rule of thumb is that a multiplier applied to the price also needs to be applied to the market cap. To get Shiba Inu to $1.00, its market cap would need to be 100,000 times what it is now. That’s more money than there is on the planet, and this is why a $1.00 mark for Shiba is impossible.
What does the Shiba Inu price prediction say for the next 5 years? According to Coincodex, the Shiba Inu price prediction for 2030 comes in at about the same levels as it is now. Shiba will see an impressive 10x spike in 2029 to $0.0001, and while it is great, it will lose all that value again and is still miles away from $1.00.
But, if we shift focus away from the Shiba Inu price prediction, we see the math does work out with a new token. Imagine buying Shiba in 2021 when it was at its ATL and cashing out before the crash. Now, imagine there is no crash. This is what is on offer with a Pay-Fi newcomer.