Shiba Inu price prediction: “Yours truly”, the developer answers when asked who pays for Shibarium

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.On October 2 a Shiba Inu developer answered in two words who pays for running Shibarium: he does. What that means for the Shiba Inu price prediction is shown by a calculation from the burn rate, the circulating supply and the network data.The short answer first: by his own account, the running of the Shiba Inu blockchain Shibarium is paid for out of the private pocket of one of the project’s developers. Shiba Inu is trading at $0.00000566 on Saturday lunchtime, a good four percent lower than on Friday. Anyone looking for a Shiba Inu price prediction today runs into price targets between $0.00001 and $0.01 almost everywhere. This piece does the arithmetic on what such targets demand in market capitalisation, how much the frequently cited scarcity from burned tokens contributes to them, and what you as an investor in Germany actually have in your hands today. “Yours truly”: what the Shiba Inu developer said about funding Shibarium On October 2 the user Ed Salomons asked on the pla...