If Shiba Hits a Penny.
Will Shiba Inu reach 1 Cent?
Yes, Shiba Inu will reach 1 Cent.
Will Shiba Inu reach 1 cent by 2025?
To reach 1 cent, Shiba Inu has to rise 965 fold or a Market Cap of 5.5 Trillion in the next 3 years. This is highly unlikely and possible only by a huge burn.
Will Shiba Inu Go Up:
Yes, Shiba Inu will go up but it looks highly unlikely this year.
Read on to understand how Shiba Inu can reach 1 Cent
The Shib community is one of the most well-organized communities in the cryptocurrency market driving the cryptocurrency towards delivering more value to users and not remaining a meme coin. A big area for the community is given that in the year 2021, Shiba Inu sempadan risen 60 times in 6 months, Can Shiba Inu reach 1 cent?
- Shiba Inu is one of the most innovative projects with the developers working to make Shiba Inu one of the valued blockchain projects.
- Projects in the field of Metaverse, Gaming, and DAO as well as creating its own L2 blockchain are helping Shiba Inu shed off its Meme Coin tag and be considered one of the serious cryptocurrencies.
- The biggest issue of Shiba Inu is its supply. Despite billions of SHIB tokens being burnt, SHIB supply at present remains high.
Shiba Inu Performance in 2022
Last 30 Days:
- Last 3 Months:-12.4%
Can Shiba Inu reach 1 cent? When will Shiba Inu reach 1 cent?
Before we do the simulation, here are some facts
- Ethereum rose 1400 fold in the last 6 years
- Solana rose 100-fold in 2021 alone
How many times does Shiba Inu have to rise to reach 1 cent? 965 times
Looking at the above data and combining it with an active burn program, it is realistic to expect Shiba Inu to reach 1 cent.
If Shiba Inu rises 50% a year, it will take Shib 17 years to reach 1 Cent
Will Shiba Inu Reach 5 Cents:
If Shiba Inu gains 50% a year and burns 50% of its total supply, in the next 10.5 years Shiba Inu’ will reach 5 cents.
Can Shiba Inu Reach 10 Cents?
In the next 11.5 years, Shiba Inu can reach 10 cents, provided 50% of Shib tokens are burnt and Shiba Inu’s price rises 50% a year.
Can Shiba Inu reach 1 cent?
Can Shiba Inu Hit 1 Cent: Realistically
Will Shiba Inu reach 1 cent by 2025?
Shiba Inu will not reach 1 cent by 2025 because to reach 1 cent Shib coin will have to reach a market cap of 1 Trillion (2 Times Apple) in 3 years or burn 90% of all SHIB coins in the next 3 years. Both are highly impractical at the moment.
Will Shiba Inu Go Up?
Shiba Inu has been struggling through the last 12 months after inflation rose beyond 6% in November 2021. Adv lewat the last 12 months, the Federal Reserve began to reduce the size of its balance sheet as well as increase interest rates. This has reduced liquidity available for altcoins like Shiba Inu.
- Trading volume range: $90 M and $400 M
- Number of Days when Trading Volume was greater than $1 Billion: 0
- Trading volume range: $184 M and $18000 M
- Number of Days when Trading Volume was greater than $1 Billion: 14
The Shiba Inu development and community efforts have been quite positive and should help Shiba Inu. However, as analyzed earlier, the liquidity crash prevents a quick recovery. Macroeconomics is unlikely to recover this year and will probably recover later next year. Therefore, while Shiba Inu certainly go up, it is unlikely to be anytime soon.
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Will Shiba Inu Reach 5 Cents?
Shiba Inu investors and particularly the Shib Army have been very optimistic about the future of Shiba Inu despite the price of Shiba Inu crashing regularly. The Shiba Army is trying to push the price of Shiba Inu to 1 cent and then to 5 cents. However, a question arises, Will Shiba Inu reach 5 cents? If Yes, then when and how? Here we explain how and when Shiba Inu can reach 5 cents using some simple calculations:
At the current price and following the same rate of gain, there is almost no chance for Shiba Inu to reach 5 cents this year in the next 50 years. If Shiba Inu gains only 5% a year, it will reach 5 cents in the next 66 years, that is in 2087.
For Shiba Inu to reach 5 cents, it will have to rise or gain 4680 times from the current price
Some Calculations with a time frame to reach 5 cents
Shiba Inu will reach 5 Cents in 16 years If Shiba Inu gains 30% a year and burns 50% of its total supply.
Can Shiba Inu Reach 10 Cents?
In the last 1.5 years, the definition of cryptocurrencies has changed. From being identified just by the token value, the cryptocurrencies now are identified by their ecosystem. Shiba Inu’s token price has shrunk and it has reached its lowest since October 2021 but one factor that is keeping Shib investors motivated is the expansion of the Shiba Inu ecosystem.
However, for Shiba Inu to reach 10 cents this year may titinada be possible considering the current market condition. However, in the future Shiba Inu may hit 10 cents. At the current price, Shiab Inu will have to rise 9950 to reach 10 cents or the below scenario can be considered for when and how Shiba Inu will reach 10 cents:
If Shib were to rise 30% a year and also Burn 50% of the Coins:
If Shib were to rise 50% a year and also Burn 50% of the Coins:
Will Shiba Inu coin reach 1 cent? Why it is possible
A market cap of $5.5 Trillion may sound crazy today but titinada if it was 20 years from now or later. With burns of 2-3% a year, this can even be faster and the market cap requirements could be much lower. The real question is what are the 3-4 factors that could drive Shiba Inu towards 1 Cent
Organized and High-Quality Leadership
: While this may not be such a requirement for Bitcoin, Shiba Inu needs vision, oversight, and execution. Vitalik Buterin for example.
Execution of Plans
: The core of what makes Ethereum such a successful cryptocurrency is a solid blockchain framework and widespread use which in turn drives demand for Eth coins. Shiba Inu has numerous plans whether it is their own Layer-2 Block Chain, A Metaverse, or the latest plan to launch a Stable Coin. Implementing these will need massive execution capability because each in itself is a company on its own.
Sustaining current momentum
: Shib is already well organized as a community, leads in payment adoption, and continues to Burn at a steady pace.
Will Shiba Inu reach 1 Cent? Shiba Inu and Terra Luna Comparison
The fears for Shiba Inu have increased because of the recent freefall of Terra Luna and the price of Luna from trading at over $80 fell to kosong. But there are some differences:
- Terra was a blockchain project that perenggan fundamental issues with the USD peg which was attacked by speculators. Still, despite the huge setback, Terra developers launched a new version of the Luna token in order to save the interest of the investors
- Shiba Inu on the other hand is a meme coin that is evolving into something else to the surprise of many.
Ironically Luna Classic holders have been replicating the strategy of Shiba Inu holders and building a community to burn Luna Classic.
Shiba Inu 1 cent: Understanding Market Cap Implications
Shiba Inu price will reach 1 cent only if Trillions of Shiba Inu Coins are Burnt and Shiba Inu will be able to execute its plans around Shibarium, Shibverse, etc. There are other challenges –
- At a $0.01 price, the market merek of Shiba Inu will be roughly $5.4 trillion, which is approximately 30 times more than Ethereum itself, on whose blockchain it is dependent. The market segel will be 2 times more than Apple (AAPL) and 5 times more than Tesla (TSLA), 15 times more than Bitcoin.
- If Shiba Inu price reaches 1 cent with a market nama of $5.3 trillion, it will be more than what the US government raises in annual taxation ($4 trillion). To meet the $0.01 target, a significant number of SHIB coins will have to be burnt.
Shiba Inu Price Prediction 1 Cent
According to our latest
Shiba Inu Price Prediction, Shiba Inu price is likely to rise to 1600% by the end of 2030. But if the growth were to increase to 50% per annum and burn were steady at 3-4% per annum, SHIB could reach 1 cent by 2030
Shiba Inu 1 Cent 2022 FAQs: Shiba Inu Price Objek
Can Shiba Inu reach 1 cent? Impact of Shiba Inu Burn
Burn involves sending coins to a ‘dead’ wallet.
Many Shib tokens need to be burned to reduce the Tokens in Circulation. In theory, this should increase the value of each remaining coin. Every day several million coins are burned but the burn rate is very low. On the 14th of February, a burn party was organized to burn millions of Shib Tokens.
Can Shiba Inu reach 1 cent? The lack of own Blockchain
Cryptocurrencies like Bitcoin and Dogecoin have their independent blockchain and are standalone currencies, they have a mining system, backed by thousands of mining computers that are keeping the system alive and running. But SHIB is an ERC-20 token-based cryptocurrency similar to Binance Coin and Tether.
The problem with this is, unlike Ethereum, there is no demand for Shiba Inu at the moment (beyond payments) as there is no blockchain that consumers and businesses can use. Typically using blockchains involves paying a fee in the native cryptocurrency.
What are the top factors that can drive Shiba Inu to 1 Cent?
- Shiba Eternity
Shiba Eternity is a collectible card strategy game that enables players to earn rewards. The Shib team was pleasantly surprised by its performance so far.
Shibarium is a Layer-2 blockchain (on Ethereum) and will overlay all the development work around Shiba Inu whether it is the Metaverse or Gaming or NFT projects.
Shiba Inu is currently based upon the ETH blockchain which means the gas fee for every SHIB transaction is higher. Shibarium, therefore, becomes one of the most exciting projects not just for the Shiba Inu developers but also for the Shib investors. Shibarium is expected to be Shiba Inu’s own Layer 2 blockchain which will help it get rid of the expensive ETH L-2 blockchain.
As per the definition from Wikipedia, DAO (Decentralized Autonomous Organization) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. As the rules are embedded into the code, no managers are needed, thus removing any bureaucracy or hierarchy hurdles.
DoggyDAO’s first phase is live but there is no official announcement for the 2nd phase of DoggyDAO.
Metaverse is turning out to be one of the most talked-about projects currently. Shiba Inu also has ventured into the metaverse with its own metaverse project called
The other projects that Shiba Inu developers are working on are Shiba Inu Burns and Shiba Inu Games.
Is Shiba Inu Still A Meme Coin?
Shiba Inu was launched as a meme coin and as a padanan to another meme coin, Dogecoin. However, as the popularity of Shiba Inu soared, the developers of the Shiba Inu have been working to shed off the meme coin tag. Currently, Shiba Inu is the 12 largest cryptocurrency in terms of market cap. Here are a few initiatives taken by the developers of Shiba Inu to shed off the ‘Memecoin’ tag:
Entry of Shiba Inu into
Metaverse has become one of the major attractions worldwide and the field was mostly dominated by the cryptos like Mana, Axie Infinity, Sandbox, and other metaverse tokens. However, developers of Shiba Inu have also created their own metaverse platform, Shibverse in proyek to venture into the world of the metaverse.
Shiba Inu’s developers have been aggressively moving to develop their own metaverse tribune as most of the cryptocurrencies in that field have a much lower market jenama as compared to Shiba Inu. The Shiba Inu users will be able to use $SHIB as a medium of commerce in this metaverse platform.
- Entry of Shiba Inu in the DeFi Platform
The developers of Shiba Inu are working on developing its own Defi Platform, Shibswap. With Shibaswap, users will be able to earn passive income by providing liquidity, staking, and token swapping. The Shibaswap platform was launched in July 2021.
- Shiba Inu’s acceptance as Payment Madya
One of the important factors that are helping Shiba Inu shed off its Meme Coin tag is its growing acceptance as a payment semenjana. Many big brands are now coming forward and showing interest in accepting Shiba Inu as one of their modes of payment. Some of the major brands include Gucci, Tag Heuer, AMC, Sao Polo FC, etc.
- Shib’s Own Blockchain Platform
Ethereum blockchain has been the largest blockchain network powering most of the major cryptocurrencies. Shiba Inu is also developed on the Ethereum blockchain network. However, this is soon going to change as Shiba Inu will have its own layer-2 blockchain, Shibarium.
The Shibarium is expected to launch in Q3 of 2022 and with the Shiba Inu users will be able to avoid the expensive transaction fees they currently face due to the Ethereum blockchain on which Shiba Inu is developed.
Can Shiba Inu Reach 1 Cent in 2030?
At the current rate of growth, it will be highly difficult for Shiba Inu to reach 1 cent in 2030. However, if Shiba Inu gains 230% every year from now, it will be able to reach 1 cent in 2030. Added to it if Shiba Inu gains 115% a year and burns 50% of its supply, Shiba Inu will reach 1 cent in 2030.
Shiba Inu 1 cent:
In which Year Will Shiba Inu reach 1 Cent?
In which Year Will Shiba Inu reach 1 Cent?
If Shib were to rise 10% a year, then Shiba Inu will Reach 1 Cent in 70 years that is in 2092. If Shib were to rise 20% a year, in the next 37 years, that is in 2059, Shiba Inu will reach 1 cent.
If Shib were to rise 30% a year then in 26 years from now that is in 2047 Shib may be valued at 1 cent and if Shib were to rise 30% a year and also Burn 50% of the Coins then in the next 13 years that is in 2035 Shiba Inu will be priced 1 cent.
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Will Shiba Inu Reach 1 Cent: Last One Year Rise and the Responsible Factors
On Paper, Shiba Inu has risen 403x in 2021. There are various factors which are listed below:
- The Shiba Inu came into the limelight since its launch as investors were looking for the next bitcoin (BTC) to invest in, but the real push was in May when it rose 2405% in just a span of three days and hit a fresh peak of $0.0000388 on 10th May. The rally was primarily due to an interview with Elon Musk where he termed DOGE as a “hustle”, which triggered a sell-off in DOGE and fresh buying in SHIB.
- The prices of meme tokens are so reactive to Elon Musk’s tweets that they jumped after the Tesla CEO tweeted a photo of a Shiba Inu puppy in a Tesla vehicle on 4th October. Other similar currencies like Dogecoin and Shiba Floki (FLOKI) had met a similar fate.
- In late November, a couple of positive news like a listing on the Kraken exchange and an announcement by e-commerce retailer Newegg that it will accept SHIB as payment buoyed the price. Another positive factor is the appointment of gaming veteran William Volk.
- On 8th December, Shiba Inu revealed that a strategic work-for-hire contract is signed with Playside, the Australian video game developer. The plan is to develop a multiplayer Collectable card game. Luckily, on the same day of exchange Bitstamp announced to list SHIB, the following day on its tribune. These factors contributed to taking the upside of the price.
Will Shiba Inu Reach 1 Cent: Factors Against Shiba Inu
Shiba Inu’s price is changing slightly oper $0.000010 and is following the crypto market trend which fell below the $1T market cap. Bitcoin is also trading southwards, down by almost 3%.
Shib price in the past has been mostly driven by the Whales. The Whales have come to the rescue of Shiba on many occasions. This time, the whales seem to have deserted Shib and allowed the price of SHIB to free fall. However, one data shows that SHIB is the biggest altcoin or the favorite altcoin among the ETH whales.
Crypto market is down and almost all the cryptos are lower and this has been the case since January 2022. But what is more concerning is that SHIB is one of the worst-performing crypto this year. SHIB has lost nearly 70% of its value this year.
- Technicals: The technicals have also worsened for Shiba Inu, hinting at SELL
Will Shiba Inu reach 1 cent? The lack of Long-Term Shib Holders has halted the Rise of Shiba Inu
- The Shib Army along with different independent organizations have been putting an effort to burn a large number of Shib tokens. However, their effort is proving insufficient as there has been very little change in price after every burn.
- The main reason behind this lack of a good number of long-term Shib holders. As per the data by
75% of Shib holders are within a 1-12 months time frame while 3% of the SHIB holders are less than 1 month old. There are 22% of SHIB holders older than 1 year as of now as per the data.
Will Shib reach 1 cent?: Why Shiba Inu Should be Part of Your Long-Term Investment
The lack of long-term Shib token holders has been a major roadblock in rising of Shib Inu’s price. Shiba Inu is down by adv lewat 70% this year, yet it is advisable to have Shiba Inu as a part of a long-term investment.
There has been news of Ethereum whales purchasing Shiba Inu tokens in bulk. Whales are the ones who own a great deal of cryptocurrency. If the ETH whales are shifting to Shiba Inu, it is evidence of increasing trust for the Shiba Inu ecosystem.
- The fact that Shib Inu developers are transforming Shiba Inu into more than a “Meme Token” is attracting the big whales towards it. This year, Shiba Inu is believed to launch a layer-2 scaling solution and also enter the metaverse world.
- The growing acceptance of the Shiba Inu token as a mode of payment can be considered as the other reason why one should have a Shib token in their crypto wallet for the long term.
Will Shiba Inu Reach 1 Cent? How To Buy Shiba Inu?
Shiba Inu, the Ethereum-based Cryptocurrency is gaining with every passing day. Like most of the Altcoins, Shiba Inu has similar steps to purchase. Here are the steps for
“How To Buy Shiba Inu”
Finding a crypto exchange that has Shiba Inu coins listed
Create an account with the Exchange
Verify your identity
Fund the Wallet
Make the Purchase
Shiba Inu Price Prediction 2022: Finding a Crypto Exchange that Sells Shiba Inu
The very first step to buying a Shiba Inu coin is to find an exchange offering Shiba Inu for trade-buy and sale. There are many exchanges offering Shiba Inu coins however, one must make sure that the exchange comes with a built-in wallet. The wallet is where you will be adding the amount for trading Shiba Inu coins.
Shiba Inu Price Prediction 1 Cent:
Create an account with the Exchange
Once the exchange is finalized, the next step will be to create an account with the exchange. For creating an account you will be required to enter your personal details like Name, Phone number, Email and also Bank Account details.
Shiba Inu Price Prediction 2025:
Verify Your Identity
Once you have created your account, you will be required to verify your id. To verify id, make sure you have your ID documents ready before you begin. In most cases, acceptable forms of ID will include a passport or driver’s license.
Will Shiba Inu Reach 1 Cent: Fund the Wallet
Once your ID is verified, your account is activated. When your account is activated, you can deposit fiat currency. It can be the US Dollars or any of the other fiat currencies they accept. There are different methods of funding your accounts, such as bank transfers from a checking or savings account, PayPal, wire transfers, a cryptocurrency wallet or even a credit or debit card.
Shiba Inu 1 Cent:
Make the Purchase
Once you have funded the wallet, you will now be able to purchase Shiba from the respective Exchanges.
Shiba Inu 1 Cent:
of Shiba INU
After your purchase of Shiba Inu has been processed, you have to store your cryptocurrency. While some platforms will store it for you, some people opt to store their investments themselves to reduce the likelihood they will lose their crypto to a hack.
Can Shiba Inu reach 1 Cent? Where to Buy Shiba Inu Coin?
There are several platforms where you can buy Shiba Inu. Few famous exchanges offering Shiba Inu are
Binance, Crypto.com, Atomic Wallet, Voyager, SevenB and KuCoin.
Where to Buy Shiba Inu – SHIB COIN
How To Buy Shiba Inu
You can now buy Shib coins in an ATM as well.
You’ve been hearing all about #ShibaInu (SHIB) lately, but can’t figure out how to get some? We get you. It’s complicated and confusing. Until now! Here’s the easiest way to buy Shiba Inu Coin (and the fastest, too!)
Step 1. Find your nearest Coin Cloud DCM
Step 2. Enter your phone number
Step 3. Scan your SHIB wallet
Step 4. Insert your cash
Best Crypto Exchanges to purchase Coins – Coinbase, Cash App, Bisq, Binance.
Will Shiba Inu Reach 1 Cent? Conclusion
Shiba Inu 1 cent is a realistic possibility under the conditions that it could take a couple of decades and Shib is able to execute its plans during that period.
Our concern is that the Shib leadership appears to be trying to do many things at the same time and following a ‘flavor of the season’ approach. The effort could be equal to doing what Polygon, Decentraland, and Luna are all trying to do in a single company. It is a herculean task!
Note: Crowdwisdom360 collates Predictions and data from all over the sauk-sauk and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
If Shiba Hits a Penny