Unlike Dogecoin, which has an unlimited supply, Shiba Inu has a total supply of 1 Quadrillion SHIB tokens. While this may be considered a huge amount of tokens, it still ensures that the token’s value can be controlled through decisive actions.
What is the max supply of Shiba Inu?
Shiba Inu has a maximum supply of 1 quadrillion tokens, half of which were initially sent over to Ethereum co-founder Vitalik Buterin.
How many supply Shiba coins?
Shiba Inu price is $0.00001112 , up 1.28% in the last 24 hours, and the live market cap is $6.6B . It has a circulating supply volume of 589,374,833,149,283 SHIB coins and a max. Supply volume of 999,991,134,475,380 SHIB alongside $6.6B 24h trading volume.
Is there unlimited SHIB?
There is essentially an unlimited supply: one quadrillion Shiba Inu coins (that’s 15 zeros).
Can a Shiba hit 1 cent?
Shiba Inu has broken many records in the crypto industry, such as defeating its rival meme coin, Dogecoin. However, the coin’s massive circulating supply makes it impossible for the token price to ever reach $1 or even one cent!
Will Shiba burn trillions?
Well, the answer is no. No one from the Shiba Inu team has confirmed that Shibarium will ‘burn’ tokens, let alone ‘burn’ trillions each year. The lead developer of ShibaSwap, Shytoshi Kusama has also not forecasted such a ‘burn’ event might take place with Shibarium.
Can a Shiba hit 1 dollar?
To reach a market value of just under $1 trillion, 99% of today’s token supply would have to be destroyed. That means most of today’s Shiba Inu holders would have to burn their holdings — and they wouldn’t benefit from the cryptocurrency’s eventual gains.
Can Shiba Inu burn enough coins?
A new burning portal could enable 111 trillion Shiba Inu tokens to be burned each year. It’s highly unlikely, though, that enough tokens will be burned to push SHIB’s price to $0.01. However, the laws of supply and demand tell us that Shiba Inu’s price should increase with significant burning.
What will Shiba be worth in 5 years?
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Who owns the most Shiba?
How much SHIB is burned?
How Much SHIB Is Burned? Across the three SHIB burn wallets, over 410.38 trillion SHIB has been burned, representing 41% of the total SHIB supply. However, most of the destroyed SHIB comes from Vitalik Buterin’s initial burn.
Is Shib a pump and dump?
According to the chief developer of Shiba Inu, Shiba is not a pump and dump scheme. The chief developer of Shiba Inu has said on Twitter that the cryptocurrency does not function as a pump and dump. Shib team is always focusing on increasing coin utility. The coin has done enough to remove the status of the meme coin.
Does Shiba Inu coin have a future?
Does Shiba Inu have a limited supply?
However, Shiba Inu coin has a limited supply, a standing total of one quadrillion tokens. Although this is a huge number that can easily accommodate an army of investors, it is still a finite number, which may help spark speculation in the future.
What is the current circulating supply of Shiba Inu?
Currently, there are 497 trillion SHIB tokens (not coins) in circulation, with a total supply of 1 quadrillion.
Will Shiba Inu coin reach 50 cents?
Can a Shiba reach 1 dollar?
A $1 price target is unlikely If the price of one SHIB were to reach $1 per token at some point in the future, based on its current outstanding token count of 549 trillion, this means that the entire network’s market cap would equal $549 trillion.
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What’s the future of Shiba Inu?
The key to Shiba Inu’s future success lies in speculation and market capitalization, and Shiba has the potential of becoming the next Dogecoin. Shiba Inu is currently in the top 50 cryptocurrencies today, with a market capitalization of $2,762,340,296.49.
