Prominent crypto investor Carl "The Moon" has shared his ambitious outlook for Shiba Inu (SHIB), stating that he will not sell his holdings until the price reaches at least $0.50. Carl believes that SHIB's historical performance, particularly in 2021, suggests that it could reach this milestone. The crypto community has debated the feasibility of this prediction, with some questioning its likelihood and others expressing strong conviction in Carl's outlook. Currently trading at $0.00002541, SHIB would need to increase in value by nearly 20,000 times to reach $0.50. If SHIB does reach this price, it would have a market cap of approximately $294.5 trillion. This raises questions about the market caps of other major cryptocurrencies like Bitcoin. Prediction platforms have set a target of 2050 for SHIB to potentially reach $0.50.



Other News from Today