The $SHIB currency features of Shiba Inu #Binance #Square

Shiba Inu (in English: Shiba Inu), also known as Shiba Token, is a decentralized cryptocurrency created in August 2020 by an unknown person known as 'Ryoshi'. It is a token on Ethereum in the Ethereum blockchain, and it is based on Dogecoin; it is described as a 'Dogecoin killer'.

The exchange rate of the cryptocurrency increased significantly in early October 2021. Its value increased by 240% during the week. However, at the beginning of November, the price dropped and continued to decline, ending the month after losing almost 55% of its value. #

Is it possible for Shiba to reach one dollar?

For Shiba Inu's price to reach 1 dollar, more than 99% of the circulating supply must be eliminated. The current supply of 589 trillion tokens means that a price of 1 dollar necessarily requires a market value of 589 trillion dollars — which is practically an impossible value under the current market dynamics...$BTC $SOL