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- Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
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Can Shiba Inu Reach 1 Cent by 2025?
The cryptocurrency industry has seen the birth of a wide range of coins. In particular, meme coins have dominated the market. Shiba Inu (SHIB), a fairly new meme cryptocurrency has emerged as a popular cryptocurrency among the community. The asset launched in 2020 and has grown by 1944604.08% since then. Will the asset be able to rise in price next year and reach the long-awaited 1 cent mark? The current price of Shiba Inu
The entire market is on an upward trend. Some assets, including Shiba Inu, have increased by more than 2% over the past 24 hours. At the time of reporting, this meme coin is trading at $0.00002589. Over the past 12 months, this cryptocurrency has seen a staggering 212% increase. Shiba Inu has surged to a high of $0.00004534 from a low of $0.000008156 in this period. Despite the price increase, the market capitalization of this asset has seen increased volatility. After entering the top 10 coveted earlier this month, SHIB has experienced a significant decline. Shiba Inu is currently the 14th largest cryptocurrency with a market capitalization of $15.24 billion. Dream 1 Xu
Shiba Inu has tried to reach the 1 cent milestone for several reasons. The meme coin community has been seen betting on this. However, the asset would have to increase by about 38,530% to reach this level. Considering the asset's past growth rate, this is not entirely impossible. According to CoinCodex, the highest level that SHIB will reach in the coming year is $0.000113. This is an increase of 337% compared to the current price. In addition, Shiba Inu will reach this high level in June 2025. This figure is quite far from the desired 1 cent mark. The lowest price that this meme coin will have is $0.00002156. The average trading price of Shiba Inu will be around $0.00004533, quite high compared to its current price.