Is it expected to rise to $1 or even $0.1 by the end of the year?
No, simply because there are approximately 550 trillion of this coin in circulation, with a market cap of $10.5 billion. This means that for the Shiba coin to reach $0.1, its market cap would need to be $55 trillion, which is impossible.
The burn rate of this coin is approximately 1 to 900 million coins per day, which is very low relative to its size. This makes it impossible for it to reach $0.1 by the end of the year.
