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Topic: Can SHIB rise to 0.1? - page 14. (Read 2792 times)

hero member
Activity: 1316
Merit: 502
November 05, 2021, 09:35:32 AM
#93
if creators burn 99% of SHIB supply such price will look more realistic. but I doubt such step is possible though we should expect more pumps and SHIB could make another 5x or even more.
I've also never heard of any burning of meme coins in the past at a rate of 99%, because that's a very large number and it will be very difficult for the team to do because they also need to make a more in-depth study of this.
The past did not write about such a ratio but the future will sometimes have updates on such a ratio, however, the process of burning coins is also very complicated when a product like Shiba needs to provide use value and let users use it as a cost, from there, a large amount of Shiba can be collected and burned to help increase the project's price. Unable to reach this solution, SHIB can still choose alternative, SHIB will need some form of conversion to a similar name to shorten the number of tokens in circulation but the manufacturer has not yet intended to participate in such plans
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
November 05, 2021, 09:17:51 AM
#92
Of course not. That would mean its marketcap would be 30 x higher that bitcoin.
So, you based your analysis on what Bitcoin price is currently to judge another crypto? That's not a right way to do it. You're only being subjective here. What makes you think Bitcoin will even remain at its current price of $62k+ when Shiba is projected to hit $0.01? Have you forgotten too soon that Bitcoin is projected to hit $100k+ before the end of 2021? Come to think of it, not many people ever believed that Shiba was going to get to the price it's now when it debuted a few months ago. A lot of investors and naysayers didn't give it a chance because it's a memecoin. It's the same way a lot of people looked down on Dogecoin years ago.

OP, I believe it's not impossible for Shiba Inu to hit $0.01. I have learnt a lot in this industry not to underrate any crypto. Except the ones one knows are out to scam without a tangible blueprint and team. Otherwise, nothing is impossible with cryptocurrencies.
hero member
Activity: 2940
Merit: 613
Winding down.
November 05, 2021, 09:01:32 AM
#91
I hate the word impossible most especially in crypto space, if a coin will ever be great no one can saw it coming and a coin that looks so strong can actually fail in time as well, I've seen enough in this crypto space so I can boldly say that anything is possible, shiba is down doesn't mean it won't ever go up again, shiba has huge whales currently but Ethereum and others have twice more whales too, just because someone hold large amount of the token doesn't mean it's the end
It is a sort of optimism but apparently, although we can say it was possible, yet we can't deny that this project has a huge market capitalization that could help the price not to go up like ETH and some other known altcoins which has a lesser amount.

Maybe you have to believe that impossible really exist in the crypto market. Quite discouraging but much more to be realistic than getting fooled by our hopes and beliefs. May Shiba Inu will have a huge pump but not that close to reaching $0.1, maybe $0.001, that have the possibility.
newbie
Activity: 1
Merit: 0
November 05, 2021, 08:50:47 AM
#90
IMO all of the answers above are wrong! Everyone said the same things about bitcoin, dogecoin, ethereum, solana, ravencoin. These were all called scams and hopeful if they could every reach 0.1$, which all of them did and exceeded. Dogecoin used to be 0.003 now its 0.3, why cant SHIB be 0.03$? With inflation and cryptocurrency trends I see this as extremely plausible. BTC
member
Activity: 285
Merit: 11
$CYBERCASH METAVERSE
November 05, 2021, 08:21:51 AM
#89
I hate the word impossible most especially in crypto space, if a coin will ever be great no one can saw it coming and a coin that looks so strong can actually fail in time as well, I've seen enough in this crypto space so I can boldly say that anything is possible, shiba is down doesn't mean it won't ever go up again, shiba has huge whales currently but Ethereum and others have twice more whales too, just because someone hold large amount of the token doesn't mean it's the end
legendary
Activity: 3108
Merit: 1029
November 05, 2021, 07:52:35 AM
#88
You must have to research between Circulating supply and max supply, how can Shiba with Circulating supply of 549,095,509,738,353 reach a price of 0.1$?
People with small amounts of shiba inu will always think that would be possible as this is their spirit to keep their shiba inu to make them all become rich person with the easiest way through investing in the shiba inu.
They will never see the reality but the only possible thing if shiba will be burned even more and this can trigger the price to go even higher but it seems like the bull trend for shib already gone. It's the time for that guy who have owned billions of money to dump his shib to the market. It seems like people will be loosing their money even more.


this is certainly not possible. you must have parameters in speculating or asking
He must be waiting for until the guy with billions shiba inu will be stopping to dump his shiba to the market. https://etherscan.io/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE?a=0x1406899696adb2fa7a95ea68e80d4f9c82fcdedd

This wallet is very active dumping his shiba to the market. 10 cents will never happen.
legendary
Activity: 2268
Merit: 1655
To the Moon
November 05, 2021, 05:14:02 AM
#87
This is certainly the reason why it becomes impossible for Shiba Inu to gain such huge price increase.
Having a value of $0.0001 is quite possible but thinking it getting closer to $0.1...I really don't think so. Maybe the team will decide to burn some of their supply as this could help a lot the same thing as what the other projects did. To see that burning token is effective and really uplift the price, that might be interesting to see how it affects them as well.

When we talk about the cryptocurrency market, we must remember that everything is possible here, including the Shiba price that OP wrote about. After all, the OP does not specify the time when the coin can reach such a price, and at the same time it does not indicate how much the purchasing power of the dollar will be by that time.
newbie
Activity: 3
Merit: 0
November 05, 2021, 02:51:59 AM
#86
Of course no.  Huh
full member
Activity: 518
Merit: 185
November 04, 2021, 11:54:48 PM
#85
I think this is absolutely impossible. In fact, the investor should thank God for seeing these prices Smiley
newbie
Activity: 23
Merit: 0
November 04, 2021, 11:14:46 AM
#84
I have friends who "dreamings" Shib can rise up to 0,1$ , he invest all in for one basket. i am afraid he will loose all off he money and all the people who's dreaming shib to 0.1$

Your fear is happening.
https://coinmarketcap.com/currencies/shiba-inu/

Hopefully he diversified a little.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
November 04, 2021, 10:58:12 AM
#83
When I saw tiktok there were lots of posts about this shiba coin by showing off the journey from the beginning of buying until now by telling in detail the increase in the amount of the balance every time.  They say this coin will experience a high increase so that a lot of people ask and make people tempted to follow it, I think this is a terrible thing
The FUD that is spread in the TikTok video is so much about other meme coins and they believe that meme coins can give big profits, especially Shiba coins and often I open TikTok, of course, videos like the ones you mentioned always appear and become a lot of questions from beginners who want to buy it aka FOMO.

This is indeed very terrible and many beginners will be trapped in this and they are always showing off their profits even though they don't know what will happen if they experience a severe decline or other correction like now? How they can strengthen beginners who are confused about this, of course, is too tempting to follow.
hero member
Activity: 1722
Merit: 801
November 04, 2021, 10:39:16 AM
#82
This dream will never success at end of the day because it’s impossible to SHIBA reach 0.10$. Over 500 trillion supply coin if hit 0.10$ then it’s total marketcap will overtake even BTC how ridiculous who guys dreaming that SHIBA INU will increase 0.10$. Doge is a several times of lower supply coin so  that here such increased was possible. 
Musk tweeted and implied of something about Dogecoin and Shiba Inu days ago. I am not sure it is a cause but Shiba Inu is in a free fall and I don't think take the falling knife now is good idea.

Dead cat bounce is not for newbies because they only catch a falling knife and hope Shiba Inu will rise to $0.1 or $1. They believe what they catch is a correction, not a deadly knife. So they don't have idea and plan to exit with bounce even with lower bounces.
full member
Activity: 776
Merit: 101
PredX - AI-Powered Prediction Market
November 04, 2021, 10:28:29 AM
#81
There are many aspects that need to be considered. To determine and assess the next SHIB movement, I personally never thought that SHIB would be able to penetrate $0.1 because considering the supply is very large in the market and the price is still very far from the target, which is $0,00004711.  I think the current increase cannot be used as a specific benchmark to determine its future growth.
full member
Activity: 826
Merit: 101
$CYBERCASH METAVERSE
November 04, 2021, 09:40:10 AM
#80
Lol. This becomes a very surprising thing about what is so clearly happening until now. many things to pay attention to to rate SHIB. become a very real thing about the supply that is in the SHIB.
The crazy supply to Shiba has always been a special consideration by everyone so that whatever is said must always be based on true facts, because the pump that has happened to Shiba can't be taken as a specific benchmark for him at this time. Wink
sr. member
Activity: 1372
Merit: 251
PredX - AI-Powered Prediction Market
November 04, 2021, 09:35:25 AM
#79
When I saw tiktok there were lots of posts about this shiba coin by showing off the journey from the beginning of buying until now by telling in detail the increase in the amount of the balance every time.  They say this coin will experience a high increase so that a lot of people ask and make people tempted to follow it, I think this is a terrible thing
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 04, 2021, 09:28:31 AM
#78
...This is SHIB.

In order to understand the absurdity of such expectations, it is enough to give just numbers. Now the price of the SHIBA INU coin is $0.00007045, if its price reaches $ 0.1, then the capitalization of the coin should be equal, taking into account Total Supply - 58 trillion dollars. This is 29 times more than the total capitalization of the cryptocurrency market.
This is certainly the reason why it becomes impossible for Shiba Inu to gain such huge price increase.
Having a value of $0.0001 is quite possible but thinking it getting closer to $0.1...I really don't think so. Maybe the team will decide to burn some of their supply as this could help a lot the same thing as what the other projects did. To see that burning token is effective and really uplift the price, that might be interesting to see how it affects them as well.
We have heard that Binance is on the help but I don't think this is enough to push the price higher or it was just a hype to be made.

legendary
Activity: 2268
Merit: 1655
To the Moon
November 04, 2021, 08:55:35 AM
#77
I have friends who "dreamings" Shib can rise up to 0,1$ , he invest all in for one basket. i am afraid he will loose all off he money and all the people who's dreaming shib to 0.1$
This dream will never success at end of the day because it’s impossible to SHIBA reach 0.10$. Over 500 trillion supply coin if hit 0.10$ then it’s total marketcap will overtake even BTC how ridiculous who guys dreaming that SHIBA INU will increase 0.10$. Doge is a several times of lower supply coin so  that here such increased was possible. 

If SHIBA achieves such a goal, then the capitalization will surpass not only the capitalization of bitcoin, but also the entire crypto market by several dozen times. But those who invested in this coin for five dollars do not understand the absurdity of their desires, because this is the only opportunity for them to dream of a million dollars.
full member
Activity: 378
Merit: 167
betfury
November 04, 2021, 08:37:26 AM
#76
A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

Throughout the history of shitcoin, I've only joined now to enjoy instant profits.. even though the capital has been withdrawn, let it go, where does this shib go.. if I'm lucky, I'll take care if I lose, there's always a chance that all investors will always hope for a new ATH. Even though in reality the deep correction can be up to 90% in fact... I hope that's not the case

I am more than sure that this will not happen, it would be better if investors stopped buying this token and invested in the same bitcoin and did good for everyone and with a general result, and buying a token in the hope that it will cost at least more than a cent with such a capitalization is crazy.
it's true bro but this is a real massive fomo that hit most newbie traders.. so shitcoin is very loved because the whales are reaching into their pockets.. rugpull risk can happen at any time.. are you only interested in bitcoin or ask for coins with strong fundamentals? hehehe
sr. member
Activity: 1708
Merit: 299
November 04, 2021, 08:21:48 AM
#75
It may have given one of the best return but it srill doesn’t change the fact that it's a shitcoin. It's still a shitcoin.
Have you ever calculated what will be the market cap of Shib will be once it raised to $0.10? I think it will be 100x higher than current bitcoin marketcap. Do you think it will be possible even?
if creators burn 99% of SHIB supply such price will look more realistic. but I doubt such step is possible though we should expect more pumps and SHIB could make another 5x or even more.
Creators already announces they are going to burn their 41% coins just because of this few peoples having good investments in this because now they are feeling some better about this but still not having any realistic approach about this.

Because, I am also feeling it's a meme coin and having nothing to do with this crypto it's just created by some scammers for having good amount of funds in their own pockets but peoples still in radar of this hype even mostly realizes they can lose their funds but greediness killing humans nature and crypto unpredictable nature is also having some serious impact on this all hopefully we will never have any serious impact on this crypto community just because of this meme coin.
sr. member
Activity: 1204
Merit: 486
November 04, 2021, 08:02:24 AM
#74
if creators burn 99% of SHIB supply such price will look more realistic. but I doubt such step is possible though we should expect more pumps and SHIB could make another 5x or even more.
I've also never heard of any burning of meme coins in the past at a rate of 99%, because that's a very large number and it will be very difficult for the team to do because they also need to make a more in-depth study of this.

Not necessarily a total burn of 99% is not to increase all liquidity to a higher level. Now the problem is popularity in the eyes of investors how to think of meme coins as game tokens to take profit and throw away. Even if it is burned, it is certainly not an option considering the circulating supply is almost trillions.
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