Shiba Inu: What’s SHIB’s Price If Its Market Cap Equals Solana
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...