You might actually LOVE this Answer! Shiba Inu runs on a decentralized computer system with a blockchain database. They have alluded as much on the official Shiba Inu website stating that Nicknamed the DOGECOIN KILLER, this ERC-20 ONLY token can remain well under a penny and still outpace Dogecoin. As a result, the price per token is extremely lowat the time of writing, 1 SHIB is only worth $0.00001110. Let's elaborate. On the flip side, there are many who . You can use Shiba Inu to pay at certain merchants. But verily, it's foolish to think of Shiba Inu coin's worth $0.01, $0.10, $1 by 2025. Will Shiba Inu Reach $1 USD? As of writing, Shiba is unstoppable as it setting new all-time high record with time following positive news. First, even with the massive gains back in 2021, Shiba Inu has never even made it close to reaching $0.01. The crypto market is undoubtedly optimistic that Shiba Inu token prices will rise again and possibly reach new heights within the next 5 years. According to Shiba Inu developers, Shibarium will be focused on providing cheap and fast token transactions for metaverse and gaming use cases. Dogecoins current supply is 132 billion coins, with about 5 billion new coins being added per year. In this article, we look at 3 cryptos to buy , Is it still worthwhile to invest in Solana after the FTX scandal and the recent crashes? It is to outpace Dogecoin and beat its market capitalisation even if the SHIB token prices remain under a penny. Shiba Inu Prediction 2025 Can the Meme Coin Repeat Its BOOM? Despite its low price per unit, Shiba Inu has surpassed 1.3 million unique addresses . Shiba token manages continue its bull run in every market situation, whether it is bullish, bearish and neutral sentiment. In short, Shiba Inu (SHIB) will never hit $0.10 or 10 cents. CoinCodex is a cryptocurrency data website that tracks 23389 cryptocurrencies trading on 420 exchanges and provides live crypto prices. In January 2022, NFT trading volume totaled $17 billion. The Shiba Inu team is working on key products like Shibarium, and SHIB is positioned well thanks to numerous crypto exchange listings. Above prediction is based of average performance of shiba inu from past 6 months. Shiba Inu (SHIB) will never reach $0.10 or ten cents. Despite the fact that SHIB is identical to other ERC20 token currencies, the community is what sets it apart. From our experience, we can confidently say, the long-term success of a cryptocurrency largely depends on technology and community. It indicates that the Shiba Inu (SHIB) currency has no autonomous mining network. This is a huge difference from its 2021 lows of $0.00000516 and market cap of under $1 billion. But will it be hard for Shiba Inu to reach $10? Again, as with the $1 price milestone earlier in the article, the short answer to whether the Shiba Inu coin can reach 50 cents is no. 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. The Shiba Inu coin price rose by 5% on the day, and it continued to increase as NowPayments also incorporated the coin as a payment channel for e-commerce platforms. Top 10 Cryptocurrencies That Will Explode, Shiba Inu has a circulating supply of 549.063 Trillion SHIB tokens. While the answer to will Shiba Inu reach 1 dollar is likely a No, the possibility of the coin reaching 1 cent is much higher than $1 dollar of 50 cents. That represents a whopping 2.1 million percent jump. That'd be bigger than all but five publicly traded companies in the United States and would make no sense given SHIB's complete lack of utility. It would be extremely difficult, to say the least. Yes, its Trillion. Burning the SHIB token is a way to reduce the total supply. But that would depend on the success of the projects and whether they increase the level of adoption for Shiba Inu. [CDATA[ The rally in Shiba Inu is widely supported by the volumes which rose more than 250 per cent in the last 24 . Trillion is correct. In this article, well discuss the prospects of Shiba Inu hitting major price milestones and explore SHIB price predictions. Its an Ethereum-based smart-contract cryptocurrency, comparable to Binance Coin (BNB), Tether (USDT), Chainlink (LINK), USD Coin (USDC), TRON (TRX), and others. Shiba Inu has a circulating supply of 549.063 Trillion SHIB tokens. These cryptos have a mining system. This low price was a reflection of Shiba Inu's creator placing 1 quadrillion tokens in circulating supply. We will concede that this answer could change dramatically in the future. While Ethereum's network is highly trusted, it has a tendency to bog down due to its popularity. But many investors remain interested in the token and haven't lost hope in Shiba Inu's potential. But between Jan. 1, 2021 and Oct. 27, 2021, Shiba Inu did something that may never be repeated again by an investable asset. 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. Meme coins like Dogecoin and Shiba Inu Coin were particularly popular. Although meme coins have been around since 2013, when Dogecoin was created, it was in 2021 that they became mainstream. It's somewhat similar to a publicly traded company enacting a stock buyback. The rally has led its market-cap to hit the $15.5 billion mark, putting it back in the top 15 cryptos in terms of market-cap. Since its launch in August 2020, Shiba Inu Coin (SHIB) has become one of the most talked about cryptocurrencies on the market. Without getting overly complicated, layer-2 blockchain is a series of secondary solutions overlaid atop existing blockchain to enhance functionality. Author has 1.7K answers and 477.7K answer views 1 y Well explain why SHIB will never achieve 10 cents in this essay. For more than a century, the stock market has been one of the greatest wealth creators on the planet. The token is trading 87% down from its all-time high price, so people buying SHIB at current price levels are truly buying the dip. //