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Shiba has been the most poorest meme coin with the highest supply in the crypto currency field that is less than 0.00008 dollar, but I read recently that Shiba has been collaborate with shibarium team to burn million piece of Shiba to help lift up the price.
Will the price of Shiba hit one dollar in 2024?.
What are you your thought.
To be realistic, Shiba Inu is very unlikely to reach $1 in 2024. Its supply is still extremely large over 500 trillion and even though the Shibarium team is working on burning tokens, it would take a huge amount of burns and massive demand to get anywhere near that price. The burn efforts may slowlyRead more
To be realistic, Shiba Inu is very unlikely to reach $1 in 2024. Its supply is still extremely large over 500 trillion and even though the Shibarium team is working on burning tokens, it would take a huge amount of burns and massive demand to get anywhere near that price. The burn efforts may slowly help the price go up, but hitting \$1 would require an unrealistically high market cap. It’s okay to hold some with hope, but it’s best not to rely on it for major financial gains.
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