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HomeCrypto NewsMarketShiba Inu Lead Kusama Believes SHIB Can Reach $1T Cap, Says Doubters Will Be Surprised

Shiba Inu Lead Kusama Believes SHIB Can Reach $1T Cap, Says Doubters Will Be Surprised

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Shytoshi Kusama, the enigmatic Shiba Inu ecosystem lead, has expressed agreement with the view that the SHIB token could reach a trillion-dollar market cap.

In a recent tweet, Shiba Inu enthusiast “Shib Research” shared a highly optimistic prediction for the SHIB token. The commentator boldly stated that SHIB could one day reach a market cap in the trillions.

Moreover, the enthusiast argued that SHIB would play a central role in a new financial system built on Shibarium. Given the radical nature of this forecast, Shib Research acknowledged facing skepticism from others, who see it as far-fetched.

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Regardless, they remain confident that this vision could come to fruition someday, though they recognize it’s not something they actively think about on a daily basis.

Shiba Inu Lead Agrees with Trillion-Dollar Market Cap Forecast

Shytoshi Kusama, the mysterious and influential leader of the Shiba Inu ecosystem, responded to Shib Research’s tweet with a message of reassurance and excitement.

Kusama acknowledged that the general public might be surprised by such bold projections. However, in his view, those closely following the development of Shiba Inu and Shibarium should not be too startled by the potential future success.

“They’ll be surprised,” Kusama remarked, essentially agreeing that Shiba Inu could someday claim a trillion-dollar market cap.

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Shiba Inu Price at $1T Cap

For context, Shiba Inu currently ranks as the 15th biggest crypto asset with a market cap of $12.21 billion. At this market cap, SHIB is trading at $0.00002073.

To attain a $1 trillion market cap, Shiba Inu’s value would need to grow by 80 times or 8,090%. Notably, a $1 trillion cap would correspond to a Shiba Inu price of $0.001696, a scenario in which SHIB would drop two more zeros.

Shiba Inu Marketer Argues for $5.9 Trillion SHIB Cap

Interestingly, Shiba Inu content specialist Lucie has previously expressed optimism for an even greater valuation for SHIB.

Specifically, in March 2024, she disclosed that she continues to believe Shiba Inu could reach a price of $0.01—the popular “one cent” dream—someday in the future. Notably, $0.01 would imply an approximately $5.9 trillion market cap for Shiba Inu.

Essentially, the leadership within the Shiba Inu project shares a unanimous view on trillion-dollar valuations for SHIB’s future.

According to them, those paying close attention to the ongoing development will have no issue welcoming these lofty outlooks.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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