It's possible.

With the launch of Huobi and Ou Yi okex, the price has also skyrocketed, which has also attracted the attention of others in the currency circle. In seven hours, it soared 122.8%, and it rose more than 10 times in a week, setting a historical record. According to the current development of stone coins, stone coins are likely to rise to one yuan. However, although the popularity of shib coins is really high now, it still needs to rise to one yuan to maintain such popularity. Only when many people use shib coins or people always join in, will shib coins rise to 1 USD.

Second, virtual currency.

Virtual currency is established on the basis of mathematical algorithm, without the intervention of third-party credit institutions, and can be used by any participant who reaches an agreement, and can play a variety of functions of currency in the network virtual space.

Virtual money has some functions of real money, similar to money but not money.

According to the notices and announcements issued by the People's Bank of China and other departments, virtual currency is not issued by the monetary authorities, has no monetary attributes such as legal compensation and coercion, is not a real currency, has no legal status equivalent to currency, and cannot and should not be used as currency in the market. Citizens' investment and transactions in virtual currency are not protected by law.

Third, the classification of virtual currency.

1, game currency

In the era of stand-alone games, the protagonist accumulated money by knocking down enemies and winning money in casinos, and used it to buy herbs and equipment, but only in his own game machine. At that time, there was no "market" between players. Since the Internet established portals and communities and realized the networking of games, there was a "financial market" of virtual currency, and players could trade game coins.

2. Special currency issued by portal websites or instant messaging service providers.

This currency is mainly used to purchase the services of this website. The most widely used is Tencent's Q coins, which can be used to buy value-added services such as membership and QQ show.

3. Virtual currency on the Internet

Such currencies include Bitcoin (BTC) and Wright Currency (LTC). Bitcoin is an electronic currency generated by open source P2P software, and it has also been translated by some people as "Bitkin", which is a kind of online virtual currency. It is mainly used for internet financial investment, and can also be directly used as a new currency in life.