$SHIB
When Will Shiba Inu Reach 1 Cent?
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Many investors are wondering when Shiba Inu might hit the 1-cent mark. But with its current circulating supply of 589 trillion tokens, that goal may be out of reach for now.
To reach $1 per token, Shiba Inu’s total market value would need to be $589 trillion — far more than the entire global economy.
That said, there is some hope. The launch of Shibarium, a new decentralized exchange, could help by increasing the number of tokens being burned. This would reduce the supply and possibly raise the price over time.
On the positive side:
Shiba Inu is popular because of its low price.
Shibarium could help boost its value.
Loyal community support may drive future growth.
On the downside:
Meme coins like Shiba Inu are highly volatile.
New coins with fresh ideas may take attention away.
There’s still no clear roadmap or whitepaper, making long-term plans unclear.
Bottom line:
Shiba Inu is a high-risk, high-reward investment. Its future depends on Shibarium, its community, and the overall crypto market. Make sure to research carefully and consider your risk tolerance before investing.