CandleFocus Here’s How Much Shiba Inu Could Be Worth If Its Price Soars 7,692,207% Like in 2021
2024-09-25
Author: Content Editor
The article discusses the potential for a meteoric price increase for Shiba Inu if it replicates its historic surge in value. The token initially struggled but gained attention after its founder sent a significant portion of its total supply to Ethereum co-founder Vitalik Buterin, who burned a portion and donated the rest to charity. This resulted in a surge in value for Shiba Inu, making early investors millionaires. While it is unlikely that the same rally will occur again due to its circulating supply, experts have noted similarities in its current trend compared to 2021. If Shiba Inu were to experience another 7,692,207% surge, its value would increase to $1.1 and its market cap to $647.68 trillion. This would greatly increase the value of SHIB holdings, with a portfolio of 10 million SHIB going from $143 to $11 million.
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