What will Shiba Inu coin be worth?

For example, crypto website Wallet Investor expects Shiba to be valued at just 0.0000621 in a year's time. Meanwhile, Coin Price Forecast predicts Shiba will trade at $0.00007372 by the end of 2022 and $0.00009584 by the middle of next year.

Is Shiba Inu coin a good investment?

"It would not be wise to invest too much of your money in Shib. The coin may help you make a quick buck but it is not a reliable long-term investment for sure," he added. Investors must understand that Shiba Inu is purely a meme token with no real intrinsic or underlying value and is purely entertainment-based.

Does Shiba Inu coin have a future?

Most experts agree that the Shiba Inu token has a future, as it has active support from the community. Also, Elon Musk's mentions of the meme coin on Twitter helps SHIB stay on the radar.

Is Shiba Inu coin real?

Shiba Inu is an Ethereum-based altcoin that features the Shiba Inu hunting dog as its mascot. … Shiba Inu was created in August 2020 by an individual or group called Ryoshi. Shiba Inu's price peaked more than tenfold on Oct. 29, 2021, giving it a market capitalization of $41 billion.

Will Shiba coin reach $1 cent?

SHIB has admittedly proven doubters wrong again and again, but the nature of scale means the odds are exceedingly slim that it can ever reach the $1 price point at its current coin count. At its current price, Shiba Inu has a market capitalization of roughly $19 billion.

Can Shiba reach 10 cents?

Its impossible for Shiba Inu coin to reach 10 cents . Because for it to reach the value, the market capitalization has to be higher than the GDP of the US. The value of the Shiba Inu coin depends on two factors – the market cap and the mining dynamics.

Can Shiba Inu reach 1 dollar?

The only way SHIB can reach $1 There are two ways for Shiba Inu's value to increase. One is that traders simply bid up the price. The other is for the supply to decrease, which should make the remaining coins more valuable.