If Shiba Inu taught us anything, its that nothing is out of the question. This cookie is set by GDPR Cookie Consent plugin. However, it was not until the 2021 mid-year when the coin made a notable upward shift in its value. Disclaimer: Our articles are NOT financial advice, we are not financial advisors. Shibu Inu is going to be Listed on Robinhood tomorrow on Monday, 25th of October. The current price tag for one Shiba Inu is $2,000 on average. When choosing a wallet for Shiba Inu Coin, its important to consider how youll be using it. Well, if we assume that reaching 1 cent for Shiba Inu Coin is a given, then we will need to wait a couple of years. Polkadot Price Prediction $10000.Polkadot Price Prediction 2023-2030. Simply enter the amount of Shiba Inu you wish to convert to USD and the conversion amount automatically populates. Here are the scenarios of how Shiba Inu could reach different milestones: The Shiba Inu team announced that Shibarium will be launched soon, details here. After that, the team behind SHIB is most likely going to add new and better projects. We can see that Octobers growth of SHIB is 755% while overall growth for 2021 is more than 8000%! This is used by retailers as some accept SHIB as a form of payment. The team behind SHIB managed to develop the project to heights that other memecoins can only wish for. However, if the supply burn comes into play, dont be surprised to see Shiba Inu Coin (SHIB) reaching 1 cent. SHIB, like the US dollar, is a monetary token. At this moment, we have no official release date, but it is expected the update to go live in Q4 of 2022. The procedure is quite popular with most of the popular cryptocurrencies. This is not a bad idea, but some traders make the mistake of not buying on time while waiting for the price of a token to drop even lower. For example, if you had invested 1$ in Shiba Inu in 2020, your investment amount would have grown to $0.19 by November 2020, and that investment would have been $12000 SHIBA INU coin by April 2021. Although in its early phase, this news is being spread like wildfire and likely so. Over the past week, the price of Shiba Inu Coin (SHIB) remained around $0.000008637. Because of this, they can often be extremely risky. February 27, 2023 alexandra bonefas scott No Comments . Will Solana Recover? Or you will be investing using the DCA strategy and even selling and re-buying your asset for a profit from time to time. The coin price was at 0.00025 cents, but it hit a high of 0.00014 cents in January 2018. If SHIB closes convincingly below $0.0000479, the bullish argument will be invalidated. On the other hand, if youre primarily interested in holding cryptocurrency as an investment, youll want a wallet that offers more security features. For this reason, many prefer using the dollar-cost averaging (DCA) method. The DCA strategy is even more effective here. We can safely assert that a cryptocurrencys long-term viability is mostly dependent on technology and community, based on our experience. Numerous Development Plans some of which have already been rolled out. The passive income reward system has been announced for users of this decentralized exchange. The Wallet 0xd6 holds more than 3.1 trillion Shiba Inu tokens and in future more such move by this investor is possible. An immersive experience for our ecosystem and the Metaverse space!We can't wait to show you more. It is very important to do extensive research when exploring a new cryptocurrency or network. A big area for the community is given that in the year 2021, Shiba Inu had risen 60 times in 6 months, Can Shiba Inu reach 1 cent? Additionally, we will take that the project is seeing massive adoption. The brokerage may also require some basic personal information in adherence to know your customer (KYC) laws. Some wallets are designed for specific types of cryptocurrency, while others can be used for multiple types. What if Shiba Hits 1 Cent . Users can stake their holdings, provide liquidity and swap SHIB with other tokens on the exchange. This cookie is set by GDPR Cookie Consent plugin. This is the first phase of enabling the community to partake in the governance of the Shiba Inu ecosystem. Volk mentioned that in addition to SHIB, Shiba Eternity was also influenced by the game Hearthstone. Lets find out. The market capitalization of different prominent stocks and metals throughout the globe is shown in the table below. In the middle of October 2021, it was reported that the blockchain is going through its first tests. Conversely, others see it as a bubble, ready to burst at any moment. You also have the option to opt-out of these cookies. Press J to jump to the feed. Do Not Sell My Personal Data/Privacy Policy. There is a mining mechanism in place for these cryptos. How much does an income tax officer earn in India? Analytical cookies are used to understand how visitors interact with the website. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". To some degree, the project follows Dogecoin. That is why Bitcoin is the most popular cryptocurrency. Be the first one to give feedback How do you feel about Shiba Inu today? They clean the lockers and gym rooms and invest their salaries into cryptos.like Shiba Inu, but is it nice to. To reach 1 cent, Shiba Inu would need a market cap of $5.8 trillion. Of course, it is always fun to make predictions. At the same time, this is likely to be a temporary spike. The only way for SHIB to see this growth is by massive adoption through utility and hype, and some special push. While it does not offer a ton of new features to the DeFi space, it is still adds to the value of SHIB. The most common way of converting SHIB to USD is by using a Crypto Exchange or a P2P (person-to-person) exchange platform like LocalBitcoins, etc. This will contribute to the growth of the price and its sustainability. Actually, most of them should be live by the end of 2022 or early 2023. Build unique functionality on top of 3Commas. Below is our Shiba Inu profit calculator, it is very simple to use, just enter the amount (for example, $55) which you have invested in Shiba Inu and enter the price at which you bought the coin and the price at which you are planning to sell it, if you know the exchange fee in % then enter this value, else you can keep it blank. Quite vague, yes, but SHIB will really need that supply burn to start working before it takes off. Dogecoin is a cryptocurrency that exists independently of Bitcoin. This might sound easy, and it actually is, if we disregard the fact that you need to confirm your identity. The reason for them to affect it is because, during a time of uncertainty, many sell their tokens for cash, which is completely understandable. You will need to add funds to your accounts balance (although most platforms allow for direct purchase as well). The catalysts we got to discuss earlier are only the current projects that we can expect to see in the near future. Polkadot Price Prediction Today. Exodus provides a secure environment for storing cryptocurrencies, as well as a user-friendly interface for buying, selling, and exchanging them. Coin Price Forecast believes shib could increase by 34% by the end of 2023, to $0.00001143. The strategy consists of investing in cryptocurrencies in periodic purchases, thus reducing the risk of loss due to volatility. Before this, you will need to add your card details, which will speed up the process. Following SHIB, it was the second token to be incentivized on the ShibaSwap DEX, offering numerous rewards to those who stake. The United States entire Gross Domestic Product (GDP) is about $20 trillion, whereas Chinas GDP is roughly $14 trillion, according to the Federal Government. It also contains the price prediction for Shiba Inu coin (SHIB) for the period 2022 2030. ShibaSwap is the ecosystems decentralized exchange (DEX) platform, which has been around since 2021. 20\% of the total coins you buy per year, so at the end of 21 years, you'd have 4.5 trillion coins. Trading cryptocurrencies is not supervised by any EU regulatory framework. Type in an amount in the SHIB field, and you'll immediately see how much it would be in USD; Enter an amount in the USD field, and this SHIB to USD calculator will show how much Shiba Inu you can get; Click on the drop-down menu to select another currency; we support 90+ local currencies and 400+ crypto tokens. These cookies ensure basic functionalities and security features of the website, anonymously. The enabling factors are community engagement, execution plans for the future, and the likely growth of cryptocurrencies in the future. It is the bigger dog in the neighborhood Dogecoin. There, however, are two serious blockades to the achievement of these price predictions. The planned launch of ShibaSwap decentralized exchange is one of its central goals. So yes, it is possible for Shiba Inu Coin to reach 1 cent; however, it will be very difficult. The current forecast suggests it will take 25 years to reach this level. Shiba Inu: How $3,000 Can Fetch You $2.5 Million if SHIB Hits $0.01, Dogecoin (DOGE) Sees Price Fall 6% with Recovery Measures Providing Optimism, Apple Delaying Launch of Uniswap Crypto Wallet App, Shiba Inu: Shibarium to Release Imminently, Lead Dev Hints, Shiba Inu Buying Pressure Rises: Climbs 95% In March 2023. To reach 1 Cent, Shiba Inu will have to rise 900 times. The integration with VISA can potentially increase the use cases of SHIB tokens, leading to a price increase. If SHIB keeps the high demand but lowers the supply, this naturally leads to a rise in the price. We also use third-party cookies that help us analyze and understand how you use this website. The Shibarium L2 is going to be the networks Layer-2, which will definitely attract a whole lot of new supporters. With the hype around the metaverse, there is no way the Shiba Inu network is not becoming part of it. The cookie is used to store the user consent for the cookies in the category "Performance". This is a huge difference from its 2021 lows of $0.00000516 and market cap of under $1 billion. Gala Price Prediction 2023, 2025, 2030, Can Fetch.ai reach $10, $100? All of these updates are an important factor in our discussion of whether or not the Shiba Inu Coin will reach 1 cent. from Doge GIFs. If there are large selloffs in the near future, however, the price may crash. The cookie is used to store the user consent for the cookies in the category "Analytics". You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. In September 2021 Coinbase had listed SHIB, which let the coin spike by 35%. If Shiba hits 1 cent calculator. Some other plans that the Shiba Inu ecosystem has, include the ShibaNet, SHI stablecoin, ShibaCon, a SHIB-based fast food restaurant, and a fashion collaboration with a famous designer. For instance, a statement by the Federal Reserve Chairman on easing the pace of rate hikes led to a 3% rise in Shibs price. On each instance of listing by big cryptocurrency platforms, the coins price surged. Truthfully, SHIB will need a lot more than just these catalysts and massive adoption. The easiest way to buy SHIB is through a crypto brokerage. Thousands of mining machines (rigs) are used by independent miners across the globe to keep the network functioning. It is built on Ethereum, allowing for a wide range of use cases. Enter the app and click the Buy with a card button to proceed. The price reached $0.00003791 on May 10, 2021, after Binance had listed SHIB. Once selected, the currency should be orange. The cookie is used to store the user consent for the cookies in the category "Other. In order for Shiba Inu Coin (SHIB) to reach $1, it will need to grow more than 80,000x times. Shiba Inu is based off of Dogecoin (DOGE.) If he held his tokens, they would currently be worth over $10 billion. Macroeconomic factors are external factors (Interest Rate, Inflation, Value of the Dollar) that can influence the price of Shiba Inu. The token does not offer revolutionary features and does not have many major plans. However, we have to keep in mind that Bitcoin is one of a kind. It is almost always a bad idea to invest in projects you do not care about or do not like. Both are highly impractical at the moment. Furthermore, the current total value of Bitcoin the worlds most popular cryptocurrency is about $1.1 trillion. How much more you would probably have to burn around 20 coins per year. The forecast accuracy remains moderate to low as there are numerous dependent factors like Government regulation, Shiba Inu leadership, and community cohesion. With the expansion of the Metaverse, games such as the one the Shiba Inu team has the potential to develop will definitely pick up a lot of momentum. Write by: . It is to burn supply in order to reduce the total SHIB in circulation, thus raising the price, without raising the market cap. This impressive performance promoted the wealth of those investors whose audacity made them put money into the project with seemingly glooming prospects. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Further, the regulatory environment should be favorable and not restrictive. Past performance does not guarantee future results. If the Shiba Inu price increases by 30% annually it will take 25 years for Shiba Inu to reach 1 cent. As a result, it is illogical to expect SHIB to outperform Ether, which has a market valuation of $0.5 trillion. For the sake of this article, we give the three best software examples which you can easily use. It also contains the price prediction for Shiba Inu coin (SHIB) for the period 2022 2030. Lets see how this market cap stacks up against other financial products. Woof! On some days of the year, the coin managed to become the seventh-highest coin in terms of market cap value. ShibaSwap lets users stake their tokens within the platform in order to earn interest. There are many reasons why it is nearly impossible, but first, lets talk about the elephant in the room.The current Shiba Inu Coin (SHIB) market cap is around $6.82 billion, while the price is around $0.00001247. Please conduct your own research and seek advice from a licensed financial advisor. It was launched in August 2020 by the anonymous Ryoshi. Early investors made millions with a mere $1,000 investment into SHIB, changing their financial fortunes for good. LEASH owners will have priority when it comes to access to the Shiberse. There are many different types of wallets, each with its own set of features and security measures. We can look at the two as a mirror to Bitcoin and Ethereum, even if on a smaller scale. The token is mainly used within the ecosystem and it seems that its utility will be expanded with time. Shiba shortly flipped DOGE in market capitalization, which few investors saw coming. Also Read: Shiba Inu Buying Pressure Rises: Climbs 95% In March 2023. With the popularity of SHIB, this is an easy task. Shiba Inu (SHIB) is a token inside the Shiba Inu ecosystem. If we consider this, then we can clearly say that the price of Shiba Inu Coin will never reach 1 cent. Why does a computer need RAM which is just a temporary memory? By reaching this level, the price would add more than 390% to its current value. As you can see in the graph above, the moment is perfect for investing in Shiba Inu Coin if you trust it will develop. At press time, Shiba Inu was trading at $0.00001200 and is down 3.5% in the 24 hours day trade. Can Shiba can hit 1 cent is dependent on numerous factors that are works in progress. As a result, it is illogical to expect SHIB to outperform Ether, which has a market valuation of $0.5 trillion. if shiba hits 1 cent calculatoraccident on 540 raleigh today. The following types of transactions can be done with SHIB in Freewallet:Purchase SHIB in our Web Wallet or Crypto App. More features are coming. Here are the steps to buying Shiba Inu crypto: Shiba Inu Coin is one of the most popular cryptocurrencies therefore most of the exchanges have listed Shiba Inu for trade. He also mentioned that the team working on the game intends to go beyond the 10,000 Shiboshi characters that are currently featured in it. Yes, the Shiba Inu coin will reach the penny easily. The Shib community is one of the most well-organized communities in the cryptocurrency market driving the cryptocurrency towards delivering more value to users and not remaining a meme coin. The current price of Shiba Inu is $0.00001135, with a marketcap of $6693613536 with a total supply of 999,990,940,207,043 tokens. A Discord official stated that there is going to be a lot of testing done before the launch. He referred to Hearthstone as the best collectible card game available. The cookies is used to store the user consent for the cookies in the category "Necessary". However, credit must be given where credit is due. Below is our Shiba Inu profit calculator, it is very simple to use, just enter the amount (for example, $55) which you have invested in Shiba Inu and enter the price at which you bought the coin and the price at which you are planning to sell it, if you know the exchange fee in % then enter this value, else you can keep it blank. However, the most important part about investing for the long term is to make sure the project resonates with you. 48% of theinitial supply of circulating Shiba Inu tokens has been burned. The 1 cent dream is alive, and the ambition for Shiba Inu to reach $0.01 could remain for decades. Memecoins are cryptocurrencies that make use of social media jokes or sarcasm in order to gain popularity. Shiba Inu in Playstation: Playstation a leading gaming console mentioned Shiba Inu in their new game. Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. As investors, we must be passionate about our investments. Shiba fans are excited about Shiba Eternity. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Shiba Inu has been quiet lately, but all of that might change now that Robinhood has listed it. This is a huge difference from its 2021 lows of $0.00000516 and market cap of under $1 billion. 20\% of the total coins you buy per year, so at the end of 21 years, youd have 4.5 trillion coins. However, most of the information that this article covers should be sufficient to get a general idea about the Shiba Inu network. SHIB can be traded on major crypto exchange platforms. Aside from SHIB, there are two more tokens, used for various purposes LEASH and BONE. The price went up, inspired by expectations of some traders that the coin is going to be listed by Robinhood. To get Shiba Inu (SHIB) to $0.01, the entire market value of SHIB would have to be $5.89 trillion x $0.01. By 2025, SHIB is predicted to have better outreach and adoption among merchants. Shiba Inu (SHIB) tokens have surpassed a groundbreaking record of a 1,779,845% rise in value within a mere 13 months. Trillion is correct. More token burns are needed to help the price of Shiba Inu reach 1 cent. fallout 4 green shirt and combat boots; utilitarianism in the news 2021; la boulangerie cake prices; built in makeup vanity in bedroom; if shiba hits 1 cent calculator But opting out of some of these cookies may affect your browsing experience. Due to Shiba Inus quick rise in both price and popularity, some say that the memecoin is a bubble, destined for a dramatic decrease in price. There are presently 589 trillion SHIB coins in circulation, according to CoinMarketCap. Here you can buy, exchange and store SHIB as an ERC-20 token. According to our price analysis and dedicated price prediction article, Shiba Inu Coin (SHIB) is going to be worth around $0.00013 to $0.00016, while by 2030, Shiba Inu Coin (SHIB) can reach a price point of $0.0001 or a bit more. No matter what your needs are, theres a cryptocurrency wallet out there thats right for you. In their case, the HODL approach was totally justified. These cookies track visitors across websites and collect information to provide customized ads. As with any meme-based coin, SHIB is subject to extreme volatility. The million-dollar question now arises is when will Shiba Inu reach the 1 Cent mark? Read here for a realistic price prediction on when that could occur. Learn how your comment data is processed. Is it worth driving from Las Vegas to Grand Canyon? At this moment, the Shiba Inu ecosystem consists of multiple cryptocurrencies, a decentralized exchange (DEX), a charity organization, an NFT incentive, and more. If the Shiba Inu price increases by 50% annually it will take 16 years for Shiba Inu to reach 1 cent. However, chances of making more than $1 million could remain in reach even for investors who entered the token late. Also Read: VeChain vs. SHIB: Which Crypto Has Fetched Greater Returns in 2023? In this case, what else does the team behind SHIB need to do in order to surge in adoption? Will Shiba Inu (SHIB) Reach 1 Cent? We tried to be clever with the cards to make them fit the world and the mythology of the Shiba world.. SHIB, on the other hand, is a currency rather than a commodity. Before we get to the point, lets see what the Shiba Inu Coin does and what its potential to reach 1 cent is, with a quick how-to-buy section just before that. Although it seems impossible for SHIB to reach 1 cent right now, if the project begins burning more and more supply, it will certainly be possible. Options in Crypto Trading: A Beginners Guide. We wanted to do it in 3D and look good on mobile as well as other devices. It is important that they are looking to expand, disregarding the status of a memecoin and the public interest for Shiba Inu to reach 1 cent. 1 Million Shiba Inu will be worth $10,000 if Shiba Inu hits 1 cent, 1 Million Shiba Inu will be worth $100,000 if Shiba Inu hits 1 cent. 136. r/SHIBArmy. The cookie is used to store the user consent for the cookies in the category "Analytics". Just like many other experts, we expect the coin to get rid of a few zeros in its value during the next few years. With the spike in price prediction requests, this brings an even more interesting question. Why is IVF not recommended for women over 42? To use MetaMask, you must first create an account after downloading the app or extension for Chrome. This cookie is set by GDPR Cookie Consent plugin. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchanges products or services. However, this is for the long-term holders only who dont mind waiting for years or decades to reach the desired goal. When long-term is used, it usually means one of two things. The crypto portal will also be a burning portal. Shiba Eternity, a collectible card strategy game that enables players to earn rewards, is rated quite well on Apple and Google Stores.. Shibarium, a Layer-2 blockchain is likely to be launched anytime now. Will Shiba Inu reach 1 Dollar?Is Shiba Inu Dead. if shiba hits 1 cent calculator. By clicking Accept, you consent to the use of ALL the cookies. The 2020 year was just the beginning of SHIBs prominent story. Find a crypto exchange (CEX) platform that has SHIB listed. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. That said there are some promising elements of Shib, This is why Shiba Inu is in our list of Best Cryptocurrencies to Invest in 2023. If that happens, we can expect the price of SHIB to gradually keep moving up, reaching $0.01 by 2030 at the earliest. if shiba goes to 1 cent how much will i get. At the same time, SHIB left major coins (BTC and ETH) behind in its dramatic growth. SHIB and DOGE fighting for market dominance. Lets explore each catalyst the ecosystem has to offer. Wallet Investor's trend line is flat for the next year. For example, the listing on Binance brought the tokens market cap to $13.5 bln (following this, it fell to $2.72 billion). According to the figure above, for SHIB to achieve one cent, the entire market capitalization of Shiba Inu must be $5.89 trillion x $0.01 = 589 trillion. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Necessary cookies are absolutely essential for the website to function properly. There is a significant possibility that Shiba Inu will hit 1 cent. The tokens developers have plans to launch a proprietary blockchain platform called Shibarium. Shiba Inu burn and whale action are also essential factors in determining the price of Shiba Inu. We will send you promotional emails occasionally, but not often. Triple Bottom Pattern & Triple Top Pattern in Crypto Trading. Whats the Cryptocurrency Wash Sale Rule? Well, the current roadmap we are seeing for the Shiba Inu ecosystem is quite attractive. Many crypto enthusiasts believe that DAOs are the future because they will be allowing communities to be making the changes they want to see within a network. Algorand Price Prediction 2023-2030: Will Algorand hit $100? It is arguably the most widely adopted crypto wallet on the market right now. But the self-proclaimed "SHIBArmy" believes it could head even higher. Join. However, once Shiba Inu implements many of the proposed plans, it is likely that Shiba Inu will reach 1 cent very soon. 252. Ups and downs will follow. Shiba Inu with a potential surge could go as high as $0.000195 by the end of 2030. That is more than nearly all types of markets together. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. BONE is a governance token that allows owners and supporters of the network to partake in voting for development proposals in the Doggy DAO, which we will be talking about in a moment. The chart displays Shiba Inu price changes in USD. The key to this could open up only when it reaches the 1 cent milestone. Doggy DAO (Decentralized Autonomous Organisation) launched on the 18th of February, 2022. Basically, the current bullish run has started from mid-2020, and the whole of 2021 has been a bullish year, and we are expecting this bullish move may continue till the 1st. Or, you can choose the amount of fiat you wish to exchange for SHIB, and the platform will calculate how much SHIB you will get. This includes believing and understanding the project. If the price reaches its maximum around the mark of $0.003, that would be coupled with a tremendous market cap. While there are a few cases of Tokens rising 32279 times, in reality, such rises are rare, Now, there is no category that would gain at 30% per annum for 40 years in a row. But opting out of some of these cookies may affect your browsing experience. Shiba Inu partners with industry heavyweight Bugatti - Will it drive SHIB to $0.15? Together with another meme-coin, DOGE, SHIB had been holding a high position in the top 10 by market cap for some time throughout the 2021 year. This cookie is set by GDPR Cookie Consent plugin. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Because it is financially ludicrous and irrational, Shiba Inu (SHIB) will never hit $0.01 or $1. Shibarium Portal Launched: Shiba Inus developers have launched the Shibarium portal. The coin is famous for crushing analytical reviews and no tendency can be outlined with certainty. The 3Commas currency calculator allows you to convert a currency from Shiba Inu (SHIB) to US Dollar (USD) in just a few clicks at live exchange rates. Primary Menu. The most critical of them is the widespread acceptance of Shib because of the wide variety of use cases. No, Shiba Inu Coin (SHIB) cannot reach $1. Follow these simple steps to purchase SHIB: Cryptocurrency wallets are digital wallets used to store, send, and receive digital currencies such as Bitcoin, Ethereum, Shiba Inu Coin, etc. It will need to support of credible people. Such a development should boost investor optimism, but the tokens price keeps falling. Here are the scenarios of how Shiba Inu could reach different milestones: If the Shiba Inu price increases by 30% annually it will take 25 years for Shiba Inu to reach 1 cent. As a result, Exodus is a popular choice for cryptocurrency users who are looking for a simple and convenient way to manage their investments. You can either choose an amount of fiat you wish to exchange for SHIB, or you can choose an amount of SHIB you want to buy. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. Whales have played a significant role in boosting the price of Shiba Inu in the past. Shibarium is the layer-2 blockchain being developed by the Shiba Inu developers. Other examples of memecoins are Tiger King Token and Poo Coin. Head of Public Relations at Freewallet.org. or hardware (Ledger, Trezor, Ngrave, etc.). However, even a small token burn can affect the tokens price. The aim of this portal is to be a hub for developers, content creators, business owners, and job seekers looking to contribute to the Shiba Inu ecosystem. It allows BONE owners to vote on pairings in the ShibaSwap DEX. Under the most optimistic scenario, the price will touch $0.0001 at the end of 2022. Ever since the Shiba Inu coin hit the cryptocurrency market, it has been compared to the DOGE coin. When SHIB is nothing more than an Ethereum-based ERC20 token, its ludicrous that its overall market value will be more than Bitcoin, Ethereum, Apple, Tesla, and other major enterprises.