Cryptocurrency Q&A Is it possible for Shiba to reach $1?

Is it possible for Shiba to reach $1?

EchoSolitude EchoSolitude Sun Dec 15 2024 | 6 answers 1352
I'm wondering if Shiba, the cryptocurrency, has the potential to reach a value of $1. I'm interested in understanding the possibilities and factors that could influence such an increase in its market price. Is it possible for Shiba to reach $1?

6 answers

CryptoMystic CryptoMystic Tue Dec 17 2024
This means that the vast majority of the existing tokens, which currently total 589.3 trillion, would need to be removed from the market.

Was this helpful?

296
57
amelia_martinez_engineer amelia_martinez_engineer Tue Dec 17 2024
Such an action would leave only a fraction of the tokens in existence, with just 18 billion tokens remaining.

Was this helpful?

52
66
Martino Martino Tue Dec 17 2024
The potential value of the cryptocurrency could theoretically attain the mark of $1.

Was this helpful?

390
76
Tommaso Tommaso Tue Dec 17 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of investors in this space.

Was this helpful?

328
30
InfinityRider InfinityRider Tue Dec 17 2024
To achieve this milestone, based on Shiba Inu's present market capitalization, an extraordinary event would need to occur.

Was this helpful?

221
91
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts