Shiba Inu To Reach 5 Cents? Here’s When SHIB Could Hit $0.05

Leading On-Chain Metrics and Price Prediction
Leading on-chain metrics and price prediction firm Telegaon has painted a bullish picture for SHIB. According to the price prediction, Shiba Inu could reach the 5 Cents mark sooner than expected.

Forecast for 2040
The firm has forecasted that Shiba Inu could reach the $0.05 milestone in the next 16 years in 2040. That’s considered a long-term holding spanning over a decade and a half. The forecast estimates that SHIB could reach a minimum price of $0.054 in 2040.

SHIB is currently trading at the price range of $0.000014. Therefore, an investment of $1,000 today in this price range could help you accumulate 70 million tokens. If SHIB hits $0.054 in 2040, the $1,000 investment could balloon to life-changing gains of $3.8 million.

Nonetheless, there is no guarantee that Shiba Inu will reach 5 Cents in 2040. The cryptocurrency market is volatile and could succumb to macroeconomic pressures.

It is advised to do thorough research before taking an entry position into SHIB and to trade at your own risk.

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BNB Chain Burns 1.6 Million BNB Tokens in its 28th Quarterly Token Burn

In a Monday blog post, BNB Chain announced the removal of 1,643,698.8 BNB tokens from circulation, valued at approximately $971 million at the time of the burn.

BNB Serves as the Native Coin of the BNB Chain
BNB plays a crucial role as the native coin of the BNB Chain ecosystem, powering its diverse Web3 environment.

It facilitates transactions across the BNB Smart Chain (BSC), opBNB L2s, and BNB Greenfield blockchain.

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Whale Address purchased 11.83 million #Miggles tokens, spending $1.13 million. The acquisition Boosts Price by 36%

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Ethereum, launched in 2015 by Vitalik Buterin, is more than just a cryptocurrency. It's a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps) without the need for intermediaries. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum's blockchain is programmable, making it a foundational technology for a wide range of innovative applications in finance, supply chain management, gaming, and more. This versatility has positioned Ethereum as a leading platform in the blockchain space, driving the growth of decentralized finance (DeFi) and non-fungible tokens (NFTs).

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