Can the Metaverse Help Shiba Inu Hit $0.01 in 2022 (or Beyond)?

The crypto market is a volatile place. Some people have made fortunes overnight, while others have lost their life savings just as quickly. But some cryptocurrencies are more volatile than others. For instance, between November 2020 and October 2021, Shiba Inu (CRYPTO: SHIB) generated jaw-dropping returns of over 153,000,000%, a pace that would have turned pocket change into a million-dollar portfolio in less than a year.

Unfortunately, Shiba Inu has since fallen 66% from its all-time high, shedding billions of dollars in value in a few short months. But some supporters are calling for a rebound, especially with a Shiba Inu Metaverse in the works. In fact, the chief executive officer of Bigger Entertainment  Steven Cooper recently explained how the meme token could reach $0.01, a price that implies 33,000% upside. But is that realistic?

Let's dive in.

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Source Fool.com