Because of this, the largest holder of Shiba Inu is a dead wallet containing the contents of his Shiba Inu burn. The wallet holds 41% of the SHIB supply and has been topped up by further burns. The 2nd largest holder belongs to an anonymous investor who holds 48 trillion SHIB, or 8% of the total circulation.
Ryoshi is the anonymous founder of Shiba Inu (SHIB), a cryptocurrency meme coin that launched in 2020 and took the world by storm. Little is known about the SHIB creator. In the early days of the Shiba Inu ecosystem, Ryoshi told the die-hard community that: “I am a nobody, I am not important.
But with the Shiba Inu token (SHIB), the number of long-term holders has reached an unprecedented level. According to data from IntoTheBlock, the number of addresses that hold SHIB for one year and more has reached an all-time high at the 835,780 mark.
A dad has explained how he became a millionaire in just six months after making a risky $8,000 bet on Shiba Inu. The former supermarket warehouse manager named Rob has been able to retire at the age of 35, after investing in the popular meme coin.
According to our Shiba Inu price forecast, the estimated price for SHIB Inu is projected to reach a maximum level of $0.0000548 by 2027, with a minimum level of $0.0000381.
In order to reach a price of $1 per token, Shiba Inu would need to rally more than 12,400,000% from its current token price. While there are potential catalysts that could trigger a solid bullish run for the meme cryptocurrency, hitting that ambitious target price is virtually impossible.
How many shiba inu coins are left? There are around 589 trillion SHIB tokens left following Ethereum co-founder Vitalik Buterin's burn of 40% of the total supply in 2021 and the launch of the SHIB burning portal in April 2022.
It may appear valuable given its market cap, but it's worth is purely speculative. Keeping this in mind, it is not a good idea to put too much money into shib. Shiba inu cryptocurrency can help you make a quick buck, but it is not a long-term investment.
As a result, the price of Shiba Inu increased following his tweets. However, he later revealed that he does not own Shiba Inu and has only invested in three cryptocurrencies.
The overall holder count of Baby Doge Coin has increased to 1,615,725. This figure remains bigger than the number of holders that own the second biggest meme token by market cap – Shiba Inu. According to the WhaleStats token page, the wallet count of this canine coin totals 1,222,610.
It would take SHIB 19 years to reach 1 Cent if its coins were burned at a rate of 50% per year during the next 20 years. This presupposes Shib will carry out the expansion plans described below.
To reach 1 cent, Shiba Inu will have to rise 1,266x. At 1 cent, Shiba Inu's market cap would be worth around 5.9 trillion. If SHIB were to grow at the rate of 25% every year, it would take Shiba Inu about 40 years to reach 1 cent. But that is only a theoretical possibility, which is impractical in reality.
Analysts have various views on Shiba Inu's price in ten years which is said to increase to US$0.002 in 2030, whereas others predict it may cross the US$0.009 level in 10 years.
10000000 SHIBA INU is 81.650831 US Dollar.
So, you've converted 10000000 SHIBA INU to 81.650831 US Dollar. We used 122473 International Currency Exchange Rate. We added the most popular Currencies and CryptoCurrencies for our Calculator. You can convert SHIBA INU to other currencies from the drop down list.
Before 2040, the Shiba Inu team might burn half of its token supply. By 2040, we may expect an average price of $0.076 if current growth continues. In the long term, the Shiba Inu Coin has huge potential.
The coin's low price and high circulating supply make it an attractive investment for those looking to diversify their portfolio. However, it is important to remember that investing in meme coins like SHIB is a high-risk, high-reward venture, and investors should only invest what they can afford to lose.
Our real-time SHIB to USD price update shows the current Shiba Inu price as $0.0000083 USD. Our most recent Shiba Inu price forecast indicates that its value will increase by 6% and reach $0.08834233 by July 31, 2023.
By 2040, we may expect an average price of $0.076 if current growth continues. In the long term, the Shiba Inu Coin has huge potential. Our maximum price prediction for Shiba Inu Coin is $0.089 in 2040.
All of this means Shiba Inu isn't the best choice for a "make-me-a-millionaire" portfolio. Instead, you're better off investing in a variety of solid stocks and strong cryptocurrencies that stand out from the crowd. Even this won't guarantee millions.
To secure a $1 million return if Shiba Inu hits $0.01, you would need to buy $878 worth of SHIB. At the current price, if you purchase Shiba Inu right now with $878, you would get 100 million SHIB tokens. If these 100 million tokens are HODLed until the asset hits $0.01, the tokens would be worth a massive $1 million.