Report post

Is Shiba Inu (Shib) the biggest meme coin of 2021?

There is no doubt that Shiba Inu (SHIB) was the biggest meme coin of 2021. The so-called Dogecoin killer went on to make so many people rich but has since lost some of those gains. However, the big question for most people has always been the road towards $1 for SHIB. Is it even possible? Well, here are some highlights.

Will Shiba Inu hit the $1 mark?

It is very unlikely that the Shiba Inu coin will hit the $1 mark as it hasn’t shown much growth unlike its Shiba Inu counterpart, Dogecoin. According to The Sun, the currency has not shown as much growth as Dogecoin and appears to have been made as a way to “give Dogecoin a run for its money”. While Dogecoin on the other hand is likely to reach $1.

How many Shiba Inu coins are in circulation?

Memecoins like SHIB will get hit hard. Nonetheless, Shiba Inu must reduce the circulating supply to get to that level. Right now, they're about 550 trillion coins in circulation which is just too much. Can you buy SHIB now? Most experts will argue that the good days of Shiba Inu are way gone.

How much will Shiba cost in 2025?

My estimation is nearly $.0009 until 2025.’’ He added that the market cap of Shiba would be almost 5 trillion once its price becomes $.01. He said chuckling that you better believe a hamburger would probably cost you $500 if Shiba ever reaches $1.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts