Can Shiba Inu Reach $0.01 in 2023?
Investors have been taken on quite the ride since the beginning of 2020. Stock investors have now contended with two bear markets in a span of 2 1/2 years. They're also facing historically high inflation and back-to-back quarters of U.S. gross domestic product retracements.
Yet in spite of this turmoil, cryptocurrencies have soared. Since bottoming out at an aggregate valuation of $141 billion in March 2020, the total value of the crypto market has exploded to nearly $3 trillion. Even following a sizable pullback, the value of all digital currencies is higher by nearly 700% in 29 months.
Shiba Inu-themed coins were practically unstoppable in 2021. Image source: Getty Images.
Source Fool.com
