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Can Shiba INU reach $0.01 and $1?This text is not an investment recommendation, but rather a mathematical analysis of a purely educational nature, based on historical series and data on the currency of this cryptocurrency.As the market is sovereign and we may be experiencing a possible bull run, which often makes market behavior irrational and as a result the price of assets becomes greatly overestimated. Therefore, it is possible that we may make some mistakes in this analysis and we recommend that each investor assumes their risks on their own.Without further ado, we are here to check whether the dream that coins with extremely low prices can make several people millionaires if they reach cents on the dollar or even 1 dollar in some cases.Today we are going to talk about SHIBA INU. This coin had its historical peak on October 29, 2021, worth 0.00007514 and is currently worth 0.000009972.If this same currency returns to its historical top we are talking about 7530%, but to reach $0.01, we would be talking about 108,600%, which would be an appreciation of 133 times its historical top. This in itself required the currency to put a lot of effort into the hype and a sudden injection of capital. To be more precise, it would need to increase its current market value by 1086 times, that is, its market value would increase to 6 Quadrillion and 190 trillion approximately.Taking into account that today we have 118 trillion dollars circulating in the world, this currency would be 52 times more valuable than every rich person in the world today.Therefore, the probability of this happening tends to zero. Therefore, it makes no sense to do the analysis for $1.To be honest, for SHIBA to reach its historic top, its market value would reach 35 billion dollars, making it occupy the top 6, displacing XRP today. I stop my analysis here and leave the rest of the conclusion to the readers.
