Will Shiba Inu coin reach $1 in 2030?



Will Shiba Inu coin reach $1 in 2030?

Will Shiba Inu coin reach $1 in 2030? Here is how Shiba Inu can reach $1 in 2030

Shiba Inu is likely to cost $0.00016 in 2030. This would be 14 times the price on May 29th, 2022

Will Shiba Inu coin reach $1 in 2030? The Scenarios

To reach $1, Shiba Inu will have to increase 87000 times from the current price. This is not impossible and there are many ways in which Shiba Inu Coin can reach $1.

  • A significant number of Tokens will have to be burnt so that the price of each coin increases.
    • For example, there are 549 Trillion coins in circulation today and if we were to burn 99.9999% of all the coins, the price would be $1.15.
  • Another way to look at it is the current forecasted price for 2020 is 0.00016, which translates to a market cap of $ 88 Billion. Shib will have to burn 99.999% of all the coins.

The burn can be lower if many of Shib’s plans like Metaverse, Shib Swap, and Payment partnerships all take off and consume a lot of these tokens.

Video: SHIBA INU COIN $1.00 IS POSSIBLE?! THE TRUTH.. 🚨 SHIBA INU COIN $1.00 PRICE PREDICTION EXPLAINED! 🚨

Practically speaking, it is unlikely so many coins will be ever burnt. It is more likely that even without a burn, Shiba Inu’s price may increase much more than 14 times over the next 8 years. That in combination with burn could take the price closer to $1 but the chances of reaching $1 are almost zero.

Will Shiba Inu reach 1 cent?

Will Shiba Inu coin reach $1 in 2030?



Source link