Shiba

Shiba Inu

Gains

Coin

<ul class="news-points"> 
 <li>Shiba Inu could rally 304% by capturing 1% of the crypto market’s $1.59 trillion cap.</li> 
 <li>The rally would put SHIB’s market value at a pricey $0.0000365.</li> 
 <li>Shiba Inu last hit $0.0000365 during the peak of the 2021 crypto bull season.</li> 
</ul> 
<a href="https://coinedition.com/shiba-inu-frenzy-burn-rate-soars-459-robinhood-adds-15b-shib-tokens/">Shiba Inu</a> is currently valued at a modest $0.000009029 per unit. This reflects a 15% decline from its highest point in the past 30 days, which stood at $0.00001074. Notably, the asset is the 18th most valuable crypto, with a market capitalization of $5.32 billion at the time of reporting. 
Considering the global <a href="https://coinedition.com/market/" target="_blank" rel="noreferrer noopener">crypto market</a> totaling $1.59 trillion, SHIB’s valuation indicates it holds only a 0.3345% share of the entire crypto market. Meanwhile, a compelling consideration emerges regarding SHIB’s value if it were to obtain 1% of the $1.59 trillion crypto market. 
Acquiring a 1% share of $1.59 trillion equates to securing a more expensive $15.9 billion. Consequently, with Shiba Inu’s current valuation at $5.32 billion, a 1% increase would raise SHIB’s market share to a substantial $21.22 billion. This value closely mirrors XRP’s valuation, an asset trading at $0.5212.…
The post <a href="https://coinedition.com/shiba-inu-could-go-this-high-if-it-gains-1-percent-of-cryptos-1-59t-cap/">Shiba Inu Could Go This High if it Gains 1% of Crypto’s $1.59T Cap</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Shiba Inu Could Go This High if it Gains 1% of Crypto’s $1.59T Cap

Coin Edition

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