Shiba Inu is currently trading at a price of 0.00002471 USD and is attracting strong price increase sentiment over the past seven days. It has increased over 200% in a year and tripled the amount for investors in just 365 days. Even top stocks in the stock market do not generate the profits that SHIB has created in a year.
In just the past four years, SHIB has increased by nearly 43,736,268% (43.7 million percent) from its all-time low of $0.00000000005637. It hit ATL on November 28, 2020, and traded with ten zeros on the chart. However, it has removed six zeros from its trading and is currently moving in indices with four zeros.
How much does Shiba Inu need to increase to reach 0.01 USD?
Considering that Shiba Inu has increased by 43.7 million percent from its ATL in four years, the next few numbers seem easy to erase. In fact, this is not true because SHIB has a circulating supply of 549 trillion tokens. The infinite supply is suppressing its growth in the indices because the tokens are valued in the trillions with less demand. SHIB can only rise on the chart if the tokens become scarce as this leads to a phenomenon of mass buying.
To reach the $0.01 milestone, Shiba Inu needs to increase by an additional 41,000% from the current price of $0.00002471. This seems unlikely as SHIB recently gained 1,000% in a month in October 2021. That was when it reached its all-time high of $0.00008616. It is still down 71% from the ATH and cannot regain its previous glory.
The 1 Cent dream is still alive and thriving, and investors believe that SHIB will achieve that goal at any cost. They are willing to wait for a long time, possibly many years or decades, to achieve their financial dream. Only time can answer whether Shiba Inu can reach the $0.01 milestone or not.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
How Much Does SHIB Need to Increase in Percentage to Reach 0.01 USD?
Shiba Inu is currently trading at a price of 0.00002471 USD and is attracting strong price increase sentiment over the past seven days. It has increased over 200% in a year and tripled the amount for investors in just 365 days. Even top stocks in the stock market do not generate the profits that SHIB has created in a year. In just the past four years, SHIB has increased by nearly 43,736,268% (43.7 million percent) from its all-time low of $0.00000000005637. It hit ATL on November 28, 2020, and traded with ten zeros on the chart. However, it has removed six zeros from its trading and is currently moving in indices with four zeros. How much does Shiba Inu need to increase to reach 0.01 USD? Considering that Shiba Inu has increased by 43.7 million percent from its ATL in four years, the next few numbers seem easy to erase. In fact, this is not true because SHIB has a circulating supply of 549 trillion tokens. The infinite supply is suppressing its growth in the indices because the tokens are valued in the trillions with less demand. SHIB can only rise on the chart if the tokens become scarce as this leads to a phenomenon of mass buying. To reach the $0.01 milestone, Shiba Inu needs to increase by an additional 41,000% from the current price of $0.00002471. This seems unlikely as SHIB recently gained 1,000% in a month in October 2021. That was when it reached its all-time high of $0.00008616. It is still down 71% from the ATH and cannot regain its previous glory. The 1 Cent dream is still alive and thriving, and investors believe that SHIB will achieve that goal at any cost. They are willing to wait for a long time, possibly many years or decades, to achieve their financial dream. Only time can answer whether Shiba Inu can reach the $0.01 milestone or not.