ShibArmy Pushes For LEASH and BONE Exchange Listings (2024)

FAQs

Will Shiba Inu coin reach $1? ›

It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year. Simply put, there is no way Shiba Inu can rise to $1 in its current state.

Shiba Inu Exchanges FAQ

You can buy Shiba Inu on cryptocurrency exchanges like ArthBit, AscendEX, BIB, Bilaxy and Tapbit. Shiba Inu is traded on 89 exchanges. Currently, the most popular exchange for SHIB is ArthBit.

The best exchanges for buying SHIBA INU are Binance and Upbit with 24h trading volume of $165.58M and $69.80M respectively. Explore different SHIBA INU exchanges with the top exchanges ranked by volume and credibility. Below is the detailed list of SHIB exchanges where you can buy, sell and trade SHIB today.

Coinbase is the most trusted place for people and businesses to buy, sell, and manage SHIBA INU. It's quick and easy.

While it foresees a steady growth trend for the token in the coming years, it projects touching $0.1 will likely not be possible until 2050. Per the Telegaon projection, Shiba Inu is likely to trade at a low price of $0.62 by 2050 and a high price of $1.06.

Transitioning from trading with seven 'zeroes' in its value last April to now just four, Shiba Inu has garnered significant attention from investors. The crucial question within the SHIB community revolves around the feasibility of the '1 Cent Dream,' aiming to reach $0.01, becoming a reality by 2030.

The current circulating supply of Shiba Inu is 589.26T. This is the total amount of SHIB that is available.

As of March 2024, there are around 1.3m SHIB holders, and the Top 10 SHIB holders own over 59% of the token's total circulating supply.

The current circulating supply of SHIBA INU is 589 trillion.

In this dynamic environment, emerging cryptocurrencies such as Bonk (BONK), Memecoin (MEME), Saros (SAROS), all priced below $0.1, are garnering attention with predictions of experiencing a surge similar to that of Shiba Inu (SHIB).

Who is the competitor of Shiba Inu coin? ›

Shiba Inu (SHIB), once hailed as the "Dogecoin killer," is now facing its own contender: Shiba Budz (BUDZ). This new rivalry has set the stage for a fascinating showdown within the meme coin sector, where both tokens vie for dominance and investor interest.

Key Points. An active community makes it fun to invest in Shiba Inu. However, Shiba Inu's volatility means it's inappropriate for large positions. It's fine to buy a few Shiba Inu tokens as a speculative rising-tide play on Bitcoin's upside potential.

Shiba Inu, breed of dog that originated in Japan some 2,300 years ago for small game and ground bird hunting. A muscular dog, it stands 13.5 to 16.5 inches (34 to 42 cm) tall at the shoulders and weighs 17 to 23 pounds (7.5 to 10.5 kg). The Shiba Inu is known for its confidence, perkiness, and triangularly set eyes.

This 3 year old Shiba Inu full of energy named Shu-chan runs this store by himself in Hokkaido, Japan! He's the second generation sweet potato master and learning the ropes.

Costs of Buying or Adopting a Shiba Inu

Pet parents can expect to pay between $1500 and $3500 from a breeder, depending on the kennel, breed pedigree, and breeder reputation. Some price tags also include the cost of vaccines, spaying/neutering, and microchipping, but this isn't always the case.

Shiba Inu has a persistent supply problem

For context, that's more than the total wealth of every person on Earth, which stood at $454 trillion at the end of 2022, according to Credit Suisse. In other words, Shiba Inu rising to $1 is unequivocally impossible in its current state.

That's a bold prediction considering the unending 549 trillion circulating supply it currently holds. Also Read: When Will SHIB Reach 2 Cents? That's another two and a half decades from today and a long time to get there. The firm estimates that Shiba Inu could reach $1 in the next 26 years in 2050.

Despite its impressive performance in the past couple of years, Shiba Inu is very unlikely to reach $1 or 50 cents because its circulating token supply is simply too large. However, that doesn't mean that Shiba Inu doesn't have a lot of upside potential.

According to the prediction, Shiba Inu could hit a price target of $0.05 (5 Cents) during the same year in 2040. That's 17 years from today, and there's a long way to go. A handful of investors might not wait that long and could offload their holdings in the coming years.