Can Shiba Inu reach 1 cent?

To reach 1 Cent, Shiba Inu will have to rise 910 times. At 1 Cent, Shiba Inu’s Market cap would be 5.45 Trillion. If Shib were to grow at the rate of 25% every year, it would take Shiba Inu 31 years to reach 1 cent. Let us look at all the data in hand to determine whether Shiba Inu can reach 1 cent

Is short-term investing in Shiba Inu coin a bad idea?

Overall, short-term investing in SHIB is definitely not a bad idea, but you should be careful and always monitor the market. This includes global news, politics, and even, preferably, the stock market. Additionally, it is certainly impossible for the Shiba Inu Coin to reach 1 cent in such a time frame.

Will Shiba Inu's 1 cent price surpass ETH's Marketcap by 2025?

Our belief says no about Shiba Inu’s 1 cent price by 2025. And the reason is Shiba Inu has no real use case. We hardly think Shiba Inu can surpass ETH, DOT-typed coin’s marketcap considering the ranking. But some degree of hype can lead Shiba Inu to surpass DOT, LINK-typed valid projects.

Is Shiba Inu the same as Dogecoin?

Its name is based on the Shiba Inu dog on Dogecoin, and they both have similarities. The only significant difference was the creator built Shiba Inu on the Ethereum network. Although launched in 2020, it was in 2021 that it became popular after Vitalik sold 50 trillion SHIB tokens and donated the proceeds to the India COVID fund.