CandleFocus Here are Returns on $1,000 Invested in Shiba Inu if SHIB Hits a $1T Market Cap
2024-09-21
Author: Content Editor
A recent rebound in the crypto market has resulted in Shiba Inu, the dog-themed token, experiencing four consecutive days of gains. Despite being down 83% from its all-time high, there is optimism that the token could reach new highs, with some analysts predicting a price of $0.00015 or even $0.00045. Shiba Inu's lead developer believes that even $0.00012 is an underestimate for the token, with the goal of becoming a trillion-dollar decentralized entity. To reach a market cap of $1 trillion, the token's price would need to surge to $0.001697, representing an 11,783% increase from its current price. Despite skepticism, Shiba Inu accumulation remains high, as evidenced by the increase in addresses holding the token.
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