Shiba

Shiba Inu

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 <p>Shiba Inu has failed to shed a zero this year. The second-largest meme coin would need to soar well over 1,000% to reach the ambitious future price targets theorized by proponents. Doing so potentially hinges on consolidating more global market share.</p> 
 <p>Currently, SHIB sits outside the top 15 crypto assets with a comparatively paltry $5.2 billion market capitalization. That equals about 0.3% of the $1.69 trillion aggregate valuation for all digital assets.</p> 
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 <p><strong>Also read: Shiba Inu (SHIB) Forecasted To Reach $0.001: Here’s When</strong></p> 
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 <h2 class="wp-block-heading" id="h-what-will-happen-if-shiba-inu-captures-5-of-the-market-cap">What will happen if Shiba Inu captures 5% of the market cap?</h2> 
 <p>If frenzied retail interest allowed the meme coin to seize just 5% of the total crypto market cap, its capitalization would reach $80 billion. At the current SHIB circulating supply, that would hypothetically drive per-token values to <strong>$0.000137.</strong></p> 
 <p>Such prices would represent a dizzying 1,416% leap from today’s $0.000009 level. October 2021’s record high of $0.000088 seems suddenly within reach again for diehard proponents.</p> 
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 <p>Clinching even 1-2% of the broader crypto market could have similarly seismic impacts on exchange rates. It would place Shiba Inu on par with other top coins.</p> 
 <p><strong>Also read: Shiba Inu: If You Invested $1000 In 2020, How Much Could You Make?</strong></p> 
 <p>Of course, many variables and unknowns stand in the way between present values and future prosperity. The circulating token supply would need to drop substantially through burns without offsetting selling pressure.</p> 
 <p>With little change in Shiba Inu fundamentals since last year’s surge and collapse, betting on another parabolic ascent requires lots of faith and patience.&nbsp;</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/shiba-inu-how-high-can-shib-go-if-it-captures-5-market-cap-tbt78291.html">https://thebittimes.com/shiba-inu-how-high-can-shib-go-if-it-captures-5-market-cap-tbt78291.html</a></p>

Shiba Inu: How High Can SHIB Go If It Captures 5% Market Cap?

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