Shiba Inu coin price: Elon Musk’s Shiba Inu Tweet Didn’t Work This Time
Shiba Inu, a digital currency, increased by 69% in 24 hours, doubling the entire Shiba Inu coin price in one week.
In August 2020, Shiba Inu coins were created by an unknown individual going by the name Ryoshi, who is thought to be based in China.
Shiba Inu, named after the Japanese dog type, began trading at a low Shiba Inu coin price but soon increased in value. Shiba Inu coin price even outperformed Dogecoin, getting it the name “Dogecoin killer.”
On September 16, 2020, it was listed on the major cryptocurrency exchanges site Coinbase. Moreover, according to Shiba Inu Coinbase, it is currently used for payments by various sports teams and organizations.
In today’s article, we will talk to you about the Shiba Inu price prediction. In addition, we will convey the most frequently asked Shiba Inu coin price where to buy question and Shiba Inu coin Elon Musk news in detail.
Please note that this article is for informational purposes only. There is no investment advice.
What is the current price for Shiba Inu coin?
Shiba Inu Coinbase has been gaining popularity among cryptocurrency enthusiasts for a few months now. Elon Musk made the latest move after tweeting a photo of his Shiba Inu dog Floki in a Tesla.
Cryptocurrencies like the Shiba Inu token are readily affected by smaller market movements, news headlines, or the online posts of tech billionaires since they are less known.
Supporting Shiba Inu coin, Elon Musk put #bitcoin to his Twitter profile at the start of 2021, and the bitcoin price jumped over 20% in a matter of hours, from $32,000 to nearly $38,000. Also, when he Tweeted about Dogecoin, he received similar outbursts. Similarly, when he declared “bitcoin is bs,” he triggered a drop in value.
This is also the case for Shiba Inu Coinbase. After Musk shared a photo of his Shiba dog, Shiba Inu coin price rocketed. Shiba Inu coin price, which increased by exactly 240%, attracted all the attention within a week. So, thousands of people started tweeting about Shiba Inu coin buy, and they also bought it.
Currently, Shiba Inu coin price is ¥0.00349850, which equals to $0.00003139.
Can a Shiba Inu hit 1 cent?
Thanks to the social media posts about Shiba Inu coin Elon Musk, thousands of people supported the Shiba Inu coin buy. Also, existing investors’ Shiba Inu price predictions have increased further with the latest events.
These existing investors now want the Shiba Inu coin price to reach one cent. They would have to do a lot more burning. But, how much more would they have to burn? Probably approximately 20 coins every year.
20% Shiba Inu Coinbase purchased every year, for a total of 4.5 trillion Shiba Inu Coinbase at the end of 21 years. The Shiba Inu coin price is 0.031 USD. Your thirteen thousand bucks would be worth $31 million.
How much is Shiba Inu coin in USD?
According to Shiba Inu Coinbase, the current price of Shiba Inu equals to $0.00003139, with a $16,783,736,666 trading volume and 0.52% market dominance.
Can Shiba Inu make you rich?
Looking at previous Shiba Inu coin price movements, total return on investment, and insane rise in the price in the last 3 months, one may infer that SHIB cryptocurrencies have the potential to make you extremely wealthy if this momentum continues.
This viewpoint is supported by Crypto specialists and SHIB traders, who are certain that Shiba Inu coin price will continue to rise in the next years.
So, with the Shiba Inu coin buy, how rich can this Doge-Killer coin make you?
There is no exact number to this question, since it is heavily dependent on when you bought your Shiba Inu coins. However, given the ERC-20 cryptocurrencies’ ROI of 459,751%, you can picture how wealthy you would have been if you purchased the coin when it was launched in August 2020.
On the market today, Shiba Ina is one of the most volatile cryptocurrencies, making Shiba Inu price prediction impossible to forecast with any degree of certainty. Nonetheless, with analyst estimates ranging from $0.00006 to $0.0004 by December 2026, the Shiba Inu price prediction of the crypto community claims that the Shiba Inu coin price will be more valuable in the next five years than it is now.
For example, the Shiba Inu price prediction of the most famous market data and price prediction websites, Wallet Investor, Shiba Inu token prices will continue to rise and reach $0.00006 in 5 years.
Moreover, another Shiba Inu coin price prediction of the technical analysis and price prediction website, CryptocurrencyPricePrediction, has the most bullish forecasts for Shiba Inu price performance over the next decade. Even their study predicts that the coin will not reach $1 over this time span. The website’s research of Shiba Inu coin price over the next 5 years suggests that it may reach $0.0000808.
How can I get a free Shiba Inu coin?
Users who participated in the 30-day Supercharger event, which lasted from June 29 to August 13, were given Shiba coins as a reward.
There is currently no such event. However, we recommend that you follow this topic frequently so that you don’t miss it when it happens.
How much is a Shiba Inu Coin Price 2022 worth?
According to WalletInvestor, which analyzed Shiba Inu coin buy data, the Shiba Inu will experience a decrease of -44.492% in 2022.
How do I get a Shiba Inu coin?
“ Shiba Inu coin price where to buy” is a popular question as crypto investors rush to Shiba Inu coin buy, which is the “Dogecoin killer.”
In answer to the question of Shiba Inu coin price where to buy, we can say that there are many sites, including Binance, Crypto.com, Atomic Wallet, and KuCoin.
Also, exchanging Ethereum for SHIB on Uniswap (through Trust Wallet) is another answer to ‘Shiba Inu coin price where to buy’ question.
Will BTT reach $1?
One of the most active coins, BitTorrent (BTT), that has swept the crypto market this year. To be more exact, the cryptocurrency reached an all-time high cost of $.01426 on April 5, 2021. Because of BTT’s outstanding success, the network has attracted crypto investors from all around the world.
In 2021, BTT has a great future. With continuous advancements inside the BTT community and the broader crypto market, we may see BTT hit unprecedented heights.
Furthermore, the bullish BTT price forecast for 2021 is $0.007. I t may potentially hit a new ATH if investors conclude that BTT, along with major digital currencies like Bitcoin and Ethereum, is a profitable option in 2021. Furthermore, it has a possibility to hit $0.0095 in the next half of this year.
We hope that we have been able to give clear answers to the Shiba questions in your mind with this article. We also recommend that you look at the sites we left above for the most searched ‘Shiba Inu coin price where to buy’ question. Whichever is more comfortable for you, you can simply invest from there.