Currently, there are 497 trillion SHIB tokens (not coins) in circulation, with a total supply of 1 quadrillion.
The current circulating supply of Shiba Inu is 589.34T. This is the total amount of SHIB that is available.
As of 22 July, 2022, the circulating supply of SHIB is about 549 trillion, with its maximum supply over 1,000 times that number. SHIB price stands at $0.000012 per token. Its 24 hour trading volume is about $536.35 million.
Shiba Inu has a maximum supply of 1 quadrillion tokens, half of which were initially sent over to Ethereum co-founder Vitalik Buterin.
1000 US Dollar is 128799210 SHIBA INU.
So, you've converted 1000 US Dollar to 128799210 SHIBA INU. We used 0.00000776 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator.
To reach 1 cent, Shiba Inu will have to rise 1,266x. At 1 cent, Shiba Inu's market cap would be worth around 5.9 trillion. If SHIB were to grow at the rate of 25% every year, it would take Shiba Inu about 40 years to reach 1 cent. But that is only a theoretical possibility, which is impractical in reality.
If SHIB were to reach $0.01, it would have a market capitalization of approximately $5.89 trillion, which would be 4.6x larger than Bitcoin at its very peak. At the time of writing, Apple is the world's most valuable company, with a market capitalization of about $2.74 trillion.
10000000 SHIBA INU is 81.650831 US Dollar.
So, you've converted 10000000 SHIBA INU to 81.650831 US Dollar. We used 122473 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert SHIBA INU to other currencies from the drop down list.
With this in mind, we expect Shiba Inu to bounce from its current level. However, with the Bitcoin halving still 300 days away, a break above the recent trading zone seems unlikely. Instead, Shiba Inu will likely range for the rest of the year.
Current value of 1000000000 SHIB in USD is 8,380 USD
This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 1000000000 SHIB when 1 SHIB is valued at 0.0000083 USD.
Current value of 2000000 SHIB in USD is 16.79 USD
This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 2000000 SHIB when 1 SHIB is valued at 0.0000084 USD.
The Shiba Inu is a double-coated dog with a plush, soft 'undercoat' and a coarse, straight 'overcoat'. Double-coated dogs, including Shiba Inus, typically shed heavily twice a year. This is when they famously "blow their coat" off. The heavy shedding lasts for roughly three weeks.
Again, as with the $1 price milestone earlier in the article, the short answer to whether the Shiba Inu coin can reach 50 cents is 'no'.
Shiba Inu burn rate and coin burn schedule
There is no formal schedule for burning SHIB. However, the Shib community has remained consistent, averaging about 21 burns a day, at slightly over a quarter million tokens, as of March 2023.
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Shiba Inu (SHIB) – Meme coin with serious plans for 2023
In 2023, Shiba Inu will launch Shiabrium, a layer 2 network for Ethereum, providing SHIB token holders with a secure, scalable network to receive and send SHIB.
The coin's low price and high circulating supply make it an attractive investment for those looking to diversify their portfolio. However, it is important to remember that investing in meme coins like SHIB is a high-risk, high-reward venture, and investors should only invest what they can afford to lose.
Analysts have various views on Shiba Inu's price in ten years which is said to increase to US$0.002 in 2030, whereas others predict it may cross the US$0.009 level in 10 years.
Before 2040, the Shiba Inu team might burn half of its token supply. By 2040, we may expect an average price of $0.076 if current growth continues. In the long term, the Shiba Inu Coin has huge potential.
To secure a $1 million return if Shiba Inu hits $0.01, you would need to buy $878 worth of SHIB. At the current price, if you purchase Shiba Inu right now with $878, you would get 100 million SHIB tokens. If these 100 million tokens are HODLed until the asset hits $0.01, the tokens would be worth a massive $1 million.
Is Shiba Inu a Risky Investment? It may appear valuable given its market cap, but it's worth is purely speculative. Keeping this in mind, it is not a good idea to put too much money into shib. Shiba inu cryptocurrency can help you make a quick buck, but it is not a long-term investment.
Shiba Inu price prediction April 2030: Shiba Inu's price for April 2030 according to our analysis should range between $0.0001 to $0.00012 and the average price of SHIB should be around $0.00011.
The Shiba Inu project has implemented a series of coin burns to reduce the supply of tokens in circulation. The first burn occurred in June 2021.