Feb 19, 2025
Ibiam Wayas
Shiba Inu coin is currently the second-largest meme coin. It made several early investors millionaires when it launched. But is Shiba Inu worth buying now?
There are several predictions that claim the Shiba Inu coin will reach $1. While it seems far-fetched, it’s not totally impossible.
SHIB can reach $1 or close depending on several factors, including supply reduction (burning), and strong market appeal, among other things.
SHIB is worth $0.00001611, with a $9.49 billion market cap. It once reached an all-time high of $0.00008845 in 2021.
At current prices, $1 is worth 62,034.7 SHIB coins, while $100 is worth 6,203,470.0 SHIB coins.
In 2025, the Shiba Inu coin could trade at an average of $0.000025, a high of $0.000028, and a low of about $0.000024.
Reaching $1 is far-fetched because that means Shiba Inu coin would have a market cap of $589 trillion, based on the circulating supply. The crypto market is only worth about $3.17 trillion.
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