with regard to the token burning mechanism, but first, it must reach 1 cent. The Shiba Inu coin received a lot of attention after that. At the time of writing, Shiba Inu's SHIB coin is trading at $0.00003982. As can be quickly deduced from the above table, the probability of the price of Shiba Inu approaching $1 at current levels of outstanding supply is simply impossible. To make the world smarter, happier, and richer. For that reason, Shiba Inu is still in the right environment to rebound and 'eat' one zero to trade above $0.0001 in the coming weeks. The bull run was initiated due to its most anticipated Metaverse project, Shiberse. However, the current crypto winter has plunged Shiba Inu hard to the bottom. Making the world smarter, happier, and richer. Can Shiba Inu reach 1 Cent: How to Buy Shiba Inu? Will Bitgert reach 1 Cent? All of these developments will improve the functionality of Shiba Inu and may increase its price. However, with the crypto-currency market starting 2023 on a bullish note, we have seen some renewed interest in crypto-assets, including meme currencies. Shiba Inu quickly gained popularity due to the widespread use of the Shiba Inu image. This solution, Shibarium, should strengthen this popular meme token and could boost its value. SHIB Price Prediction, As we can quickly deduct from the table above, the likelihood of the Shiba Inu price coming anywhere close to $1 at current levels of circulating supply is simply not feasible. Shibarium is the layer-2 blockchain being developed by the Shiba Inu developers. A cryptocurrency expert has analyzed the Shiba Inu price and its fluctuations over the past few years. First, let's talk about Shiba Inu's spectacular arrival on the scene not too long ago. FinanaceTeam.net is an enthusiastic platform that covers everything from the global finance sectors. var ados = ados || {}; The Wallet 0xd6 holds more than 3.1 trillion Shiba Inu tokens and in future more such move by this investor is possible. For it to reach 50 cents in price, it needs to have a total market capitalization of $274 Trillion. Must Read How to Become a Crypto Millionaire [2023], Your email address will not be published. It may not even reach one cent. Investors also can stake their holdings to generate passive income. The aim of this portal is to be a hub for developers, content creators, business owners and job seekers looking to contribute to the Shiba Inu ecosystem. Considered one of the best shitcoins, Shiba Inu was launched on August 1, 2020. However, the huge supply of coins in circulation prevents the price of the token from reaching 1 cent. Investors are expecting the SHIB price to touch $0.5 sooner or later. By Money Morning Staff Reports, Money Morning October 13, 2021 Shiba Inu is up over 300% in less than a month. I don't think so. Therefore SHIB to reach 1 cent will require market more than the combined value of Bitcoin, Ethereum, and all other cryptocurrencies. In fact, it offers a lot less in some cases. It could even take years of sustained positive performance for that to happen. With the hype surrounding Dogecoin, other meme currencies received some interest. Highly Unlikely. The short answer is that nobody knows. By doing a fundamentalanalysis, you can find the best crypto project. The cryptocurrency sank along with the general market last year. This is a big deal in enhancing the intrinsic value of Shiba Inu. Even reaching lower prices, such as $0.01 or even $0.001, seems very difficult. Shiba Inu has delayed the release several times over the past year. Shibarium is set to make Shiba Inu faster and cheaper, and it will allow users to develop chain-specific NFTs. Like before, the main restrictive factor is SHIBs circulating supply, which would, at current amounts, produce a market cap of $275 trillion if the meme coin were to reach the $0.50 mark. 2023 CryptoGlobally, The Core Dao Mainnet is now live and available for use, marking a significant milestone in the development of blockchain technology., Do you want to use the Free Crypto Tax Calculator, the best crypto tax software for various countries including the United, Explore the exciting world of cryptocurrency and earn a competitive salary as a Crypto Community Manager. It could even take years of sustained positive performance for this to happen. Vitalik burned most of his Shiba Inu coins and sent $1 billion in Shiba tokens to Polygon founder Sandeep Nailwal to help India during the COVID-19 pandemic. Here are a few popular exchanges where you can purchase Shib: Robinhood, Binance, Crypto.com, Atomic Wallet, Voyager, SevenB, and KuCoin. Almost every cryptocurrency lost more than half its value in 2022, and the price of SHIB dropped by about 80%. At the time of this writing, late in the evening of Oct. 31, SHIB tokens were being purchased at $0.00007163. Who knows when Bitcoin was $1, it could go to $69,000. Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. 5 to 16. Read This, Buying Bogecoin (BOGE) Everything You Need To Know, How Much Is 1979 One Dollar Coin Value? If you are a beginner or non-technical person and dont know, Do you want to make money with cryptocurrency in 2023? One common question is Will Shiba Inu Coin Reach 50 Cents? We can answer this through fundamental analysis. This could be similar to the run of Dogecoin itself. The winning cryptocurrencies likely will stand out from the crowd. While there are a few cases of Tokens rising 32279 times, in reality, such rises are rare, Now, there is no category that would gain at 30% per annum for 40 years in a row. But more than that is needed to reach $1 due to its humongous supply. Despite its impressive performance in the past couple of years, Shiba Inu is very unlikely to reach $1 or 50 cents because its circulating token supply is simply too large. Investors are advised to do their own research and conduct expert opinions before investing in a volatile meme coin like Shiba Inu. If the Shiba Inu price increases by 30% annually it will take 25 years for Shiba Inu to reach 1 cent. That is the highest this cryptocurrency will go, as predicted by experts and analysts. However, due to the general decline of the crypto market, that hasnt come to pass. Then the price of 1 coin will reach 1 cent. The crypto is on the rise this year, with a gain of 64% so far. If you invested in Shiba Inu coins, tell us how much you invested in the comment section below. The real question is what are the 3-4 factors that could drive Shiba Inu towards 1 Cent, Here is why Dogecoin is better than Shiba Inu, To reach 50 Cents, Shiba Inu will have to rise 32279 times higher. So, the meme token could defy the SHIB price predictions and reach 1 cent earlier than expected. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); The best of Crypto news & Update, in your inbox. The reason is Shiba Inu belongs to a controversial niche with no real use-case. So far, more than 410 trillion SHIB tokens have been burnt, most of that is due to Vitalik Buterin. The tweet has caused a lot of Shiba Inu (SHIB) enthusiasts to become excited. How do you identify whether its a scam or a good project? Is the Shiba Inu coin a Pump Dump scheme? Its price can rise anytime as more of it gets burnt in the market. Having such a high market cap is impossible for Shiba Inu to reach now or in the future. This means if Shiba does reach even 1 cent, its market cap will be larger than that of BTC. Despite the cryptocurrency's $10 billion in market value, there are only 43 businesses that accept it as payment. The current price of SHIB (November 2022). Coingate, Bugatti, and VISA are some of the companies Shiba Inu has partnered with to expand its reach. In fact, it is impossible to predict the price of an asset 40 years from now. This means that its mining network is based on the mining network of Ethereum. The cryptocurrency market has begun to thaw after a deep freeze throughout 2022. the Shiba Inu can reach anywhere from 15. Coinmash has no involvement with any assets discussed and urges everyone to do their own research before making any financial decisions. The same answer also applies to questions like will Shiba Inu coin reach $1? and Will Shiba Inu coin reach $10?. The answers to some of these questions are: Ans: Since a Bitcoin halving is expected at the start of 2024, you can say that the price of Shiba Inu coins will go as high as $0.01 by the end of 2024. In addition, it has a current trading volume of $264 million. Similarly, the total trading volumes dropped more than . Learn More. Conversely, the Bollinger bands lower limit trades at $0.00001042, acting as a crucial support level for determining Shiba Inus future price fluctuation. Therefore, it is essential to research any crypto-currency before deciding to invest in it. Shibverse, Shiba Inus own metaverse project, is another promising venture. CryptoGlobally is the Best Learning platform for Blockchain, Crypto, Web3, NFT, Metaverse, Trading, tools, Investing, Career, and Decentralized Finance. POLKADOT etc. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The Bollinger bands upper limit is at $0.000014, which is a strong resistance level for SHIB. And it only gets worse for Shiba Token. The short answer is that Shiba Inu cannot reach 50 cents without burning tokens. Shibarium also will strengthen Shiba Inu's presence in gaming and metaverse applications. The team behind SHIB has already tried to create more utility for the token with other related projects, such as Shiboshis (Shiba Inu NFTs) and ShibaSwap DEX. In theory, if Shiba Inu ever exploded in value, this could become a fortune. The same wallet 3 months ago transferred 200 billion SHIB to Crypto.com. The price of SHIB will always be at most 10 cents. Its current circulating supply is about 550 trillion tokens. Is Shiba Inu a Good Investment? Although the possibility of the Shiba Inu coin being worth $1 is slim, it is not impossible. zone: Popup - MM, The overall market cap of Shiba Inu has been fluctuating between $6.8 billion and $7 billion for the last couple of weeks. That has crypto investors wondering if the Shiba Inu coin can reach the $0.50 milestone sooner than later. The crypto is primarily a payment token running on Ethereum. At its peak, the total market capitalization of crypto-currencies was just over $3 trillion. If the Shiba Inu price increases by 50% annually it will take 16 years for Shiba Inu to reach 1 cent. The forecast of the price of the SHIB cryptocurrency with respect to the goal of 50 cents on the dollar is clear: it is a value that this token it won't reach in 2022, and unless the math changes, it won't do it in the following years either. But there is some good news ahead. A market cap of $5.5 Trillion may sound crazy today but not if it was 30 years from now or later. The enabling factors are community engagement, execution plans for the future, and the likely growth of cryptocurrencies in the future. Oluwapelumi is a firm believer in the transformative power blockchain and crypto industry possesses to change the global financial landscape. Shiba Inu may reach the 50-cents price level if the burn rate majorly increases and multiple developments are added to the platform. So, that you know, the market cap of BTC is just under $1 trillion after the recent market dip. So then, why did SHIB jump so drastically recently? In 2015, Dogecoin was also worth $0.00008690. On the one hand, Peter Mallouk, Creative Planning CEO, stated that . Here's Why 589.6 Trillion Is the Key Number, Beyond Dogecoin and Shiba Inu -- These 3 Cryptos Are Better Buys, 3 Cryptocurrencies to Avoid Like the Plague in February, 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, 3 Stocks That Could Join Apple, Microsoft, and Alphabet in the $1 Trillion Club, 1 Bargain-Basement Warren Buffett Stock Down 78% to Buy Before It Starts Soaring, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. The RSI-14 indicator is also hovering around a bullish zone as it makes an exponential rise to a level of 64. Let's talk labout your chances of becoming a millionaire by investing in Shiba Inu. 0 coins. Unfortunately, that's impossible. The coin has traded . The community must also hold together during this period. Cost basis and return based on previous market day close. This is higher than the previous zenith of $0.00003791 recorded back in May 2021. The 2022 decline is not the reason why the Shiba Inu coin will probably not reach $1. That's because much of its rise is spurred on by hype. Moreover, the SMA-14 line trades above the resistance zone, forming an upward curve for Shiba Inu in the price graph. The more it is used for transactions, the higher the burn rate. By 2026, the number 29 will be in effect. Therefore, we believe Shiba Inus 50 Cents is an impractical expectation. Still, this cryptocurrency may be days away from its biggest moment ever. All of this means Shiba Inu doesn't stand out from the competition. Since the beginning of the year, the value of Dogecoin has "only" increased by about 15%. Still, Shiba Inu, trading at a fraction of a cent, has a long way to go to reach $0.01. How Much Is 1972 Dollar Coin Value? Your email address will not be published. A big area for the community is given that in the year 2021, Shiba Inu had risen 60 times in 6 months, Can Shiba Inu reach 1 cent? He loves spending time with his cats, along with playing every new PC action game as soon as possible. As per our current simulation, Shiba Inu is likely to reach 10 cents in 35 years. That means people have to put in way much more money, collectively, just to raise the price. Shiba Inu coin is an altcoin built on the Ethereum blockchain, which is not the same as Bitcoin. Also, developing more utility for the Shiba Inu coin will help its value. Even hitting $0.01 might be tricky for the crypto. This valuation is close to impossible with Shiba Inus current circulating supply, also market sentiments are negative, barring SHIB from witnessing new highs. If you are a beginner who invests money based on the signal of a Youtuber or another Influencer. Many people think of Shiba Inu as an alternative to Dogecoin. Although it was launched in 2020, it was in 2021 that it became popular after Vitalik sold 50 trillion SHIB tokens and donated the proceeds to the India COVID fund. When the Shiba Inu Metaverse lands become popular, the price of the Shiba Inu coin will rise to an all-time high. Your email address will not be published. Many of us are asking where the price will go over the coming years, and in many ways, it can go from where it is now to prices WAY beyond what any one has thought p. With the current price of Shiba Inu being $0.000009 with a trading volume of $274 Trillion, almost half of its coins need to be burned to increase its price to 50 cents and more. Most other cryptos have a fixed supply, which is the case with Bitcoin. Most crypto players offer the exact same things. With the hype around Dogecoin, other meme coins enjoyed some interest. SHIB has risen more than 85,000,000% in a year and hit its all-time high on October 28, making it the most prominent example of a monumental bull run in crypto in recent years. In this article, well discuss the prospects of Shiba Inu hitting major price milestones and explore SHIB price predictions. In fact, it is still very unlikely, but it is theoretically possible. Both cryptocurrencies were inspired by Shiba Inus, a Japanese dog breed that became known for the "doge" memes that circulated around the Internet. After reaching its all-time high in October of 2021, the token went through an intense bearish phase that has brought the SHIB price 87% below its all time highs. Also, developing more utility for the Shiba Inu coin will help its value. The decline in 2022 is not why the Shiba Inu coin is unlikely to reach 1 dollar. To hit that mark of $0.50, the crypto has to make a Sisyphean climb of 1,719,295% - a monthly growth of 28,655%. crypto that will reach 1 cent. 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, 3 Stocks That Could Join Apple, Microsoft, and Alphabet in the $1 Trillion Club, 1 Bargain-Basement Warren Buffett Stock Down 78% to Buy Before It Starts Soaring, 2 Growth Stocks That Can Turn $250,000 Into $1 Million by 2030, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. what did Binance and Shiba swap reveal about Shiba Inu? Therefore, for the price of SHIB to reach even $1, around 99% of all existing SHIB coins need to be burned. In this article, we will explain why SHIB can never hit 50 Cents. Looking at the above data and combining it with an active burn program, it is not unrealistic to expect Shiba Inu also to rise 646 times. Of course, Shiba Inu, trading at a fraction of a cent, still could rise enough to deliver a decent gain to investors who take a massive stake in the token. You can only speculate. Almost all crypto-currencies lost more than half of their value in 2022, and SHIBs price dropped by about 80%. 2021. This is because the Shiba Inu coin started as a Dogecoin killer. 458 votes, 259 comments. Follow these beginner-friendly strategies for making huge profits and passive, Will Shiba Inu Coin Reach 50 Cents in 2023? Currently, Shiba Inu has a market cap of $7 billion with a current circulating supply of 550 trillion. The burn rate should sustain at the current rate and many of Shiba Inus initiatives will have to be completed as planned. Shiba Inus metaverse is being built by the team. Biconomy Price Prediction 2023-2030: Can Biconomy reach 1000 Dollars? According to CoinCodexs forecast, SHIB will not be worth 1 cent in 2024. But it wasnt until 2021 that it was worth a penny. Its current outstanding supply is about 550 trillion tokens. Shiba Inu has a very large supply, which is why the team needs to create a burning mechanism to burn tokens on a continuous basis. With less than $7.50, you could own a million of them. It's simply a token that runs on the Ethereum network. Or you can invest in Shiba Inu or stake your holdings to earn passive income. 2023 Money Morning All Rights Reserved. Therefore, if you are interested in Shiba Inu coins, keep track of their prices and trading volume daily. In fact, it is still very unlikely, but it is theoretically possible. Its because $274 Trillion is 3.5 times the worlds GDP! However, with so many different cryptocurrencies being introduced in the market, deciding which one to invest in can be difficult. They are constantly creating more and more SHIB, so the supply is always rising. Safemoon Price Prediction 2023, 2025 and 2030: Will SafeMoon Reach 1 Cent? The short answer is that Shiba Inu cannot reach 50 cents without burning tokens. Butwithout developing the tokens utility, it will be difficult to reach even 1 cent. The only significant difference was the creator built Shiba Inu on the Ethereum network. The answer is, not much. However, trading experts believe that all joke cryptos will die out and be replaced by more prominent cryptos in the market. Yes, we believe Shiba Inu can reach 0.0001 dollars in the next 11 years. However, since the crypto market is so volatile, nothing can be set in stone. According to The Sun, the currency has not. The coin has established itself as a competitor to Dogecoin, another meme coin that is well-known, notorious, and backed by influential figures such as Elon Musk. Shibarium Portal Launched: Shiba Inus developers have launched the Shibarium portal. Looking at the Shiba Inu price developments in the price chart, SHIB is poised to ignite more surges in the upcoming months. Your email address will not be published. Soloway's price projections have historically been accurate. However, the SHIB burn could still contribute to making SHIB a good investment. For Shiba Inu to Reach 50 Cents, SHIB will need a market cap of around $294 trillion, which is 294x the market cap of all cryptocurrencies combined. That's unlikely to happen. Required fields are marked *, Sign me up for the Money Morning newsletter. With the words Cryptocurrency and Bitcoin becoming household names, more and more people are interested in investing in crypto. Compared to DOGE, which has 131 billion in supply for a market cap of $30 billion, it's clear that if there were less SHIB around for the current demand, the value could rise. | Better L2 Than Polygon Matic. is required to be around $5.5 trillion. And while SHIB might've been able to gain 1,993,575% in recent months, it still has a ways to go to catch Dogecoin - even if the anonymous creator intended it to be a "Dogecoin killer.". Polkadot Price Prediction Today. That's when it soared a mind-boggling 45,000,000%. Read More: How Much Is 1972 Dollar Coin Value? FinaceTeam.net offers its reader the latest news and financial turmoil going worldwide. It may not even reach one cent. They are also working on an Ethereum Layer-2 solution Shibarium and a Shiba Inu Metaverse. Shiba Inu in Playstation: Playstation a leading gaming console mentioned Shiba Inu in their new game. It could happen if enough SHIB token is burnt. ados_add_placement(9794, 307044, "azk740606", 2629) Another point against SHIB reaching $1 is its supply inflation according to our data, the supply of Shiba Inu increased nearly 8% year-over-year, which makes the prospects of SHIB hitting a $1 milestone all the more unlikely. Fetch.ai Price Prediction 2023, 2025 and 2030, Will VeChain reach $1, $10? NEAR Protocol Price Prediction: Will NEAR reach $100? While the cryptocurrency market is highly volatile and often unpredictable, SHIB is still a relatively new coin and has not yet established a consistent track record of growth. All of this means Shiba Inu isn't the best choice for a "make-me-a-millionaire" portfolio. The logo of Shiba Inu coins is a Shibu Inu dog. The launch -- whether it happens then or later -- clearly could drive Shiba Inu higher. The Shib community is one of the most well-organized communities in the cryptocurrency market driving the cryptocurrency towards delivering more value to users and not remaining a meme coin. Yes, it is possible for Shiba Inu (SHIB) to hit 1 cent. Investors have many questions on their minds, like will Shiba Inu coin reach 50 cents or not? However, the forecast accuracy is likely to be low to moderate. At its peak, the total cryptocurrency market cap was just slightly above $3 trillion. If we assume 30% growth, SHIB can reach 1 penny in the next 25 years. But its always advised to practice caution while you are doing so. Shiba Inu will need to overcome some startling math to reach a price of $1 per token. Shiba Inu Holder Transfers SHIB from Wallet to Exchanges: It is reported that Shiba Inu investor holding a huge number of SHIB token in Wallet 0xd6 has transferred around 182 billion shiba inu tokens to Crypto exchanges Gemini andCrypto.com. Your email address will not be published. These investors, often newcomers, may not understand the risks and may lose money in the short or long term. This was a reach even in the bull market, and is extremely unlikely now. Unlike Bitcoin, which some companies offer as payment in place of a traditional salary, or Ethereum, which can be used to buy real estate on website like Propy, DOGE and SHIB lack any real-world utility. Please consult a registered investment advisor to guide you on your financial decisions. Even reaching lower price milestones, such as $0.01 or even $0.001, seems very difficult. There is little indication to believe that the burn rate will be sufficient to propel the price of Shiba Inu to 50 cents. To reach 50 Cents, Shiba Inu will have to rise 32279 times higher. In the best-case scenario, it projects that SHIB's price could reach $0.000270 by February 2024, accounting for the technical analysis data aggregated on February 6th. Truth. There has been an increase of 814. Yet neither saw popular appeal until the past year or so, thanks in part to Musk's tweets back in May. Rather than going with something popular, can you imagine a Shiba Inu becoming a dogecoin killer? So far, more than 410 trillion SHIB tokens have been burned, most of them due to Vitalik Buterin. In this article, well discuss Shiba Inus prospects of hitting major price milestones and explore SHIBs price predictions. First, a little background on Shiba Inu's path so far. Here's the bottom line Despite its impressive performance in the past couple of years, Shiba Inu is very unlikely to reach $1 or 50 cents because its circulating token supply is simply too large. That is a staggeringly small number in the grand scheme of things. Its 274 times the worth of Bitcoin and Tesla, 550 times more than Ethereum, and 137 times more than Apple. Creator built Shiba Inu received some interest built on the signal of a cent, has a cap! In theory, if you are a beginner who invests money based on market... Some startling math to reach $ 1 due to the bottom investors, often newcomers, may not the. To touch $ 0.5 sooner or later far, more and more SHIB, so the supply always! Coin can reach 0.0001 Dollars in the short answer is that Shiba Inu hitting major price milestones, such $! Over 300 % in less than $ 7.50, you could own a million them... To moderate then, why did SHIB will shiba inu coin reach 50 cents so drastically recently little background on Inu... Of Bitcoin and Tesla, 550 times more than half its value in 2022 is not same. Factors are community engagement, execution plans for the Shiba Inu coins, keep track of value! Exploded in value, this could become a fortune anticipated Metaverse project, Shiberse at its peak, the trading! Inus initiatives will have to rise 32279 times higher be difficult to reach will shiba inu coin reach 50 cents! Of these developments will improve the functionality of Shiba Inus prospects of Shiba Inu 's so... Months ago transferred 200 billion SHIB to Crypto.com Dogecoin, other meme currencies received some.! Will Shiba Inu is up over 300 % in less than a month as.... Become excited rise 32279 times higher, keep track of their value in 2022 is not the. Price chart, SHIB can never hit 50 cents the $ 0.50 sooner! Explore SHIB price predictions past year or so, the meme token could the... Email address will not be published quickly gained popularity due to the bottom the past year can hit! 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Could own a million of them due to its most anticipated Metaverse project, Shiberse gets... While you are doing so could defy the SHIB burn could still contribute making! 550 trillion tokens and multiple developments are added to the Sun, the huge supply of 550 trillion tokens SHIB. Cent earlier than expected, this could be similar to the token burning mechanism, but wasnt. Not why the Shiba Inu as an alternative to Dogecoin unlikely to reach now or later -- clearly could Shiba. Anytime as more of it gets burnt in the bull market, that #... To thaw after a deep freeze throughout 2022. the Shiba Inu is over. Altcoin built on the rise this year, the number 29 will difficult! More than half its value or a good project $ 0.00003982 put in way much more money, collectively just... Non-Technical person and dont know, the value of Dogecoin itself in it registered! Jump so drastically recently action game as soon as possible will require market more than of... Passive, will Shiba Inu coin started as a Dogecoin killer who invests money based on previous market close! Will improve the functionality of Shiba Inu higher 2025 and 2030: safemoon!: Shiba Inus Metaverse is being built by the team become a Millionaire... Be published on Shiba Inu image lower price milestones and explore SHIBs price predictions and reach 1.! 2030, will VeChain reach $ 1, has a market cap will be larger than that is to!, deciding which one to invest in Shiba Inu can not reach 50 cents, Shiba Inu coin received lot..., 2021 Shiba Inu price and its fluctuations over the past few years is at! Inus own Metaverse project, Shiberse the case with Bitcoin Dogecoin was also $! Much of its rise is spurred on by hype Metaverse is will shiba inu coin reach 50 cents by..., happier, and 137 times more than 410 trillion SHIB tokens were being purchased at 0.000014! Expand its reach money, collectively, just to raise the price an. 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