WebMar 24, 2024 · Shiba Inu prices increased by nearly 40% after Vitalik burned the SHIB tokens. Eventually, the Shib army decided to burn tokens to reach a price of $0.01. This was to return value to loyal token holders. The problem here is that the total supply is too large, with too many tokens chasing too few dollars. WebMar 29, 2024 · Shiba Inu’s current market cap stands at $6.3 billion. Therefore, SHIB needs to rise by another 95,000% from its current price to reach the elusive number of $0.01. Considering the scenario, Shiba Inu’s market cap needs to come closer to $5.5 trillion for its price to reach $0.01. That’s an upscale growth of reaching the GDP of the top 10 ...
Here’s What Can Take Shiba Inu To $0.01? - thecryptobasic.com
WebApr 7, 2024 · Can Shiba Inu (SHIB) Reach $0.01 Through Burning? Koyo Token burned more than 6.1 billion SHIB tokens in just March, and a significant burn is anticipated soon. WebEven if one or more of these tailwinds come to fruition in 2024, there's no chance Shiba Inu will reach $0.01. For instance, Shibarium's public launch was rumored to be in the third quarter of 2024. describe the 1763 proclamation of 1763
Here’s What Can Take Shiba Inu To $0.01? - thecryptobasic.com
Web1 hour ago · The 1 Cent dream of Shiba Inu: 3 investors reveal what they will do when SHIB reaches the $0.01 milestone. ... WebMar 2, 2024 · If these tokens are held for the long term, the $3,000 invested in 2024 could fetch $2.5 million whenever it touches $0.01. Therefore, the 250.6 million SHIB tokens would turn to $2,506,265 ($ 2.5 million) when Shiba Inu reaches $0.01. In conclusion: 0.01 (target price) x (tokens held) 250,626,566 comes to a total of $2,506,265 when the goal is ... WebApr 6, 2024 · Source: Pixabay. ChatGPT revealed the second possible way for SHIB to reach $0.01 is through a largescale and global mass adoption rate. Moreover, the AI bot wrote that if more merchants and businesses accept Shiba Inu, its value could increase. Though a handful of retailers accept SHIB as payment, the largescale acceptance is yet … describe the 2 jobs of bile