Will shiba inu coin reach $1 after Shibarium upgrade?

in #shiba2 years ago

Shiba Inu is among the market's very most popular meme coinage. Many are trying to figure out the shiba inu coin future for the months and years ahead as it draws much more investors.

Shibarium’s Update -
The layer 2 Shibarium's debut and prospective new payment integrations have the Shiba Inu community optimistic for the coming year. From its peak in October 2021, the token has fallen by much more than 90%. Will it have the ability to meet the community's high expectations in 2023?

Shiba Inu's popularity has led a lot of companies to begin taking payments in meme coin. Businesses like GameStop and Nordstorm approve payments in SHIB through Flexa, and Twitch fans can use meme coins to support their preferred streamers. Shiba Inu payments are also being promoted by NOWPayments. Nevertheless, businesses deal with issues because of regulatory ambiguity and a huge concentration of Shiba Inu tokens in whale wallets.

The burning question is will shiba inu coin reach $1? The only way this would certainly be achievable is if the token burns its way to $1. This would mean burning trillions of tokens which is basically impossible. Shiba Inu will increase by 760% to $0.00008 if it can reach its ATH. But from there, it's a very long way to $1.

Source - https://coinpedia.org/price-prediction/shiba-inu-price-prediction

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