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Will Shiba inu coin reach $1 rupee - Shiba coin robinhood news

Will Shiba inu coin rise?
If you have bought Shiba inu coin/shib inu coin, Then you might be wondering if Shiba inu will reach $1 or not. or if
shiba coin robinhood listing happening or not. and if shiba coin robinhood listing happens, what can be the future of shiba inu coin. The growing popularity of Shiba Inu has attracted many people around the world and has made them Invest in Shiba Inu. Due to its low Value, people have Bought Shiba Inu coins in Bulk quantities, Hope that in the coming days, Shiba Inu may reach $1. People who bought Shiba Inu coins have started campaigns, promotions and attracted more and more people to buy Shiba Inu coins. At present, there are 1 milion (10 lakhs) people won the Shiba Inu coin and these figures are growing steadily. People also keen knowning shiba coin robinhood listing too.

What is Shiba inu coin?

Shiba Inu Coin is a decentralized Cryptocurrency with the code name “SHIB”. It is also known as the Shiba token. Shiba Inu Coin was created in August 2020 by an unknown person. Shiba Inu coin is also a meme coin like dodge coin and if thought carefully this token is created by looking at doze coin. Shiba Inu Coin is not like any other Cryptocurrency. Where most other Cryptocurrency is allowed to be bought only in an inadequate quantity. And they have to be mined with the help of expensive and heavy hardware. On the other hand, Shiba inu coins can be bought as much as you want. You can buy this coin in the number of billions of trillions. Let me tell you that the name of Shiba Inu Coin is after a Japanese dog. Where Dodge Coin adopted this dog's face, the same Shiba Inu Coin named it. By the way, the Shiba Inu coin is a Japanese dog that is heavily hunted. The shib inu coin community is trending forever in Facebook, Twitter, YouTube, Reddit, Quora and other social platforms.


Will Shiba inu Reaches $1?

It is Highly Unlikely. There is approximately US $37 trillion in circulation. This involves all the physical money and the money deposited in savings and checking accounts. SHIBA had 1Quadrillion coins in circulation, due to token burning 500 Trillion left. So the world's total money is 1.2 Quadrillion dollars. Total money in the crypto world is roughly $1.5 trillion.


Shiba Inu (cryptocurrency) - Wikipedia
from Wikipedia Shib inu coin page

For Shiba to reach 1 cent which is 0.01$ per coin it needs to acquire a market capital of 5Trillion $ aka 5 times of total money in the crypto world. Shiba has no advantage / Utility except hype like Dogecoin. Shiba Inu is just a meme coin. This makes Shiba Inu coin purposeless. Yes, it is very true that its early investors got huge profits but with respect to the summary. Don't you think the possibility of the earth getting hit by astroid is more than Shiba hitting 1cent? But SHIBA can hit 1INR if they burn a huge amount of Shiba tokens decreasing the total Shiba flow. But Shib inu coin may never reach $1. Shib inu coin's technically, Economically and Mathematically not possible. There is no Enough money in the world World that can take the Shib inu Coin to $1. 

As per Coin market Cap, there are presently 589 Trillion shiba inu coin's in the circulation. Yes!! You heard it right! It's in Trillions. At the beginning, there were 1000 trillion coins. But around 410 trillion coins has been locked away forever. Shib is a monetary token like the US dollar. It's not a product, not a platform unlike Apple, Tesla, or Microsoft. 


Shiba coin Robinhood news:

Investors and Shiba army waiting for Shiba coin Robinhood listing news. You all might be familiar with the Trading platform Robinhood. Robinhood Markets, Inc. is an American financial services firm headquartered in Menlo Park, California Robinhood is known for pioneering commission-free trades of stocks, exchange-traded funds, and cryptocurrencies through a mobile app introduced in March 2015. The community called Shiba Army is collecting digital signatures to list Shiba inu coins in Robinhood. If this happens, there will be a huge boost in the price of Shiba inu. But Robinhood is yet to respond on it. It may take time to list shib Inu on its platform. Still, shiba coin robinhood listing is very complicated.

Which Countries Are Using Cryptocurrency the Most?
Credits to Yahoo Finance page

Shiba Inu coin Future:

With the strongest community, Shib inu is expected to have a great future if people show interest in it. Many countries need to allow cryptocurrency in their market for further growth. Some countries have banned any form of cryptocurrency trading. As Shib Inu coin is 1 year old, it is very early to judge the future of Shib inu. Remember Dogecoin was also uncertain and was told that it may not even reach 1 cent. But it proved wrong. 

If you want some more Contact details about Shib inu coin - Visit here

Disclaimer:

The information provided on this website is for educational and entertainment purposes only. The information provided on this website does not constitute investment advice, financial advice or trading advice. Our Website does not recommend buying any cryptocurrencies. Crypto markets are highly volatile and crypto investing is risky. Readers should do their research on cryptocurrencies and consult their financial advisor before making any crypto investment.

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