Cryptocurrency Q&A Can SHIB reach 1 cent?

Can SHIB reach 1 cent?

BitcoinBaroness BitcoinBaroness Wed Mar 26 2025 | 5 answers 1542
I'm wondering if SHIB, also known as Shiba Inu coin, has the potential to reach a value of 1 cent per coin in the future. Can SHIB reach 1 cent?

5 answers

Giulia Giulia Fri Mar 28 2025
Achieving a price of 1 cent for the Shiba Inu coin would necessitate a monumental shift in its market capitalization.

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Emanuele Emanuele Fri Mar 28 2025
Specifically, the market cap would have to exceed $5 trillion, which is an astronomical figure when compared to the current landscape.

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Federico Federico Fri Mar 28 2025
In fact, this amount is greater than the combined market capitalization of the entire cryptocurrency market.

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Tommaso Tommaso Thu Mar 27 2025
Despite ongoing token burns, which reduce the total supply and potentially increase the value of remaining tokens, reaching this milestone remains a significant challenge.

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Carlo Carlo Thu Mar 27 2025
Additionally, widespread adoption of Shiba Inu would be required to drive demand and push the price upward.

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