Hello all,
Looking at the history of Dogecoin I see it took roughly 4 years to reach $0.01.
I see Shiba Inu has only been around for 18 months and just wondering if it can reach $0.01 also?
If so, are talking years? If not, why?
I haven’t got involved with Shiba yet but am thinking about it.
Lets make a quick calculator with what you are questioning.Looking at the history of Dogecoin I see it took roughly 4 years to reach $0.01.
I see Shiba Inu has only been around for 18 months and just wondering if it can reach $0.01 also?
If so, are talking years? If not, why?
I haven’t got involved with Shiba yet but am thinking about it.
If Shiba Inu would reach $0.01, the market cap of it considering the current circulating supply right now base on Coingecko would be $5,491,493,876,247.76. That is 7x the total market cap of Bitcoin as of this moment.
I'm not saying that SHIB reaching $0.01 is impossible but considering that huge supply of it, I don't think that it will reach that price even after 4 years of its existence. Don't expect too much from it because after all, it is just a meme coin that just emerged out of nowhere unless you want to risk. I don't think that it will reach $0.01 price and one reason is the supply and there are many reasons too why it will never reach.
If you want to invest into it then invest at your own risk. Many got rich because of it but at the same time, many lost their money because of it
.