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Shiba Inu (SHIB) is one of the most popular cryptocurrency projects in the market. The asset had an incredible run during the 2021 bull run. SHIB’s price rallied by many million percent from its launch in August 2020 till it hit an all-time high in October 2021. Also Read: Dogecoin: New Price Forecast Predicts Doge To Claim $3 – Here’s How? Why Did Shiba Inu Rally So High In 2021? One of the most significant catalysts for SHIB’s incredible rally in 2021 was Vitalik Buterin‘s massive token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received and donate the rest to charity. Source: Watcher Guru Buterin’s actions led to a substantial dip in SHIB’s supply. At the time, the demand for SHIB was also very high. Both developments led to a significant price spike for the dog-themed cryptocurrency. Early investors made millions of dollars in profit with minimal investments. Also Read: Et...

Shiba Inu (SHIB) has quickly climbed the charts and is currently the 13th-largest crypto project by market cap, with a valuation of about $15.85 billion. SHIB is also among the most popular crypto projects in the market. The asset’s performance in the 2021 bull run solidified its status as a millionaire maker. SHIB’s price rallied by many million percent in 2021, turning early investors into multi-millionaires. Also Read: Why Is The Cryptocurrency Market Down & When Will It Recover? What’s Shiba Inu’s Price If Its Market Cap Equals Solana? Solana (SOL) has a market cap of $103.95 billion. Let’s assume SHIB’s market cap hits $103.95 billion, and its circulating supply remains at 589 trillion. In this scenario, the price of each SHIB token would reach $0.000176 ($105.95 billion divided by 589 trillion). Hitting $0.000176 from current price levels will entail a rally of about 554%. If SHIB’s circulating supply goes down, the asset’s price cou...

The Bitcoin price prediction is showing positive signs as the king coin heads to the upside, suggesting further higher levels. Bitcoin Prediction Statistics Data: Bitcoin price now – $97,969 Bitcoin market cap – $1.95 trillion Bitcoin circulating supply – 19.79 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 Bitcoin (BTC) has experienced remarkable growth since its all-time low of $0.04865 on July 14, 2010, marking an astonishing rise of 201,351,943.94%. As of November 22, 2024, Bitcoin price fluctuated between $94,711.16 and $97,929.68 in the last 24 hours, with a -1.71% decrease over the past week. The all-time high for Bitcoin stands at $99,655.50, highlighting its significant price performance and growth since its early days. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $110,000, $115,000, $120,000 Support Levels: $85,000, $80,000, $75,000 BTCUSD – Daily Chart Accor...