Shiba Inu (SHIB) becomes the 7th most heavily traded cryptocurrency in the last 24 hours according to Coinmarketcap data. The current market cap of SHIB stands at $5,873,713,771 ($5.87B), making it the 14th biggest cryptocurrency in the world.
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According to a recent market update shared by Telegaon, a cryptocurrency research firm that uses Artificial Intelligence to forecast the prices of digital currencies, the price of a unit of SHIB could surge as high as $9.61 by 2050.
