Can Shiba Inu Reach $1 In the Next 12 Months?
It would take a miracle (and then some) for the meme token to hit what would be an incredible milestone.
Overview
Shiba Inu (CRYPTO: SHIB) might have a small market capitalization of $3.3 billion (as of Sept. 28), but that hasn't kept it from being one of the most popular digital assets on Earth. It capitalized on the investment community's interest in Dogecoin, while aiming to be more functional by leveraging its presence on the Ethereum blockchain.
This meme token has been in a troubling down cycle, however. Maybe positive momentum is on the horizon. Can Shiba Inu's price increase by almost 18,000,000% and reach $1 in the next 12 months?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.