The post Here is How High Shiba Inu Can Rise if SHIB Market Cap Hits $100B, $500B, or $1T appeared on BitcoinEthereumNews.com.

This article estimates how high Shiba Inu’s price could rise if SHIB’s market cap soars to $100 billion, $500 billion, or $1 trillion.  Following Bitcoin’s rollercoaster movement earlier this week, Shiba Inu plunged below the $0.00003 mark to a weekly low of $0.00002442. Since falling below this level, SHIB has been making significant moves for a rebound above the $0.00003 territory.  Currently, Shiba Inu is trading at $0.00002878, reflecting a decline of 5.66% in the past seven days. The canine-themed token is also down 67.59% from its all-time high of $0.00008845, recorded on October 28, 2021. Shiba Inu attained this feat after its price spiked by over 150 million percent within 14 months of its launch.   Shiba Inu Price if Its Market Cap Reaches $100B, $500B, or $1T Even though Shiba Inu has yet to meet investors’ expectations recently, several market observers believe the asset may revisit its glory days, when it saw hefty price spikes.  Consequently, they project that Shiba Inu’s market cap could surge to $100 billion, $500 billion, or $1 trillion in the future. Notably, we’ve estimated how much Shiba Inu could be worth if these projections become a reality.  Shiba Inu at $100 Billion Market Cap  The $100 billion market cap projection has recently gained momentum within the Shiba Inu community. Experts like Oscar Ramos and Jake Gagain believe that Shiba Inu has the capability to reach this market cap.  At the moment, Shiba Inu has a market cap of $16.96 billion, making it the 13th-biggest cryptocurrency. Attaining the $100 billion market cap will position Shiba Inu as the seventh-biggest crypto ahead of Dogecoin (DOGE).  To reach the $100 billion market cap, Shiba Inu must soar by 489.62% from its current valuation of $16.96 billion. At a $100 billion valuation, Shiba Inu will trade at $0.000169…

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Filed under: News - @ December 14, 2024 4:21 pm