Don Guo, CEO of fintech firm Broctagon, said it is impossible for the digital coin to reach $1 because there is simply not enough money in the world for this to happen.
Mr Guo told Express.co.uk: “In order for SHIB to reach a dollar, it requires a market capitalisation of one quadrillion US dollars.
“In comparison, the entirety of the U.S. National Debt is $23.3 trillion – and even that staggering sum constitutes less than 3 percent of the amount required for SHIB to reach that price point.
“Given current trends, it is more likely that Shiba will remain within its ballpark of less than a fraction of a cent.”
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