Shiba coin has good fundamentals and a community that makes this coin grow. but in terms of supply and max circulation to reach 0.1$ I don't think it's possible because we can see the progress of the hype shiba coin reaches ATH it takes a long time thats why shiba just need to prove it with time and I hope shiba coin continues to survive like doge coin. hopefully
This is one of the phenomena of coin memes such as doge which makes a surprise even though it is not as shocking and as high as doge, but at least it creates a stigma that coin memes cannot develop properly, indisputable. although that also does not guarantee that the journey will also be able to survive like a doge. but it seems the price is set too high and will not be able to be done by SHIBA, because to be able to reach $0.1 obviously requires an injection from large investors or institutions.
I am not understanding these fundamentals because mostly regarding this as just meme coin with some good hype for last few months recently I was talking few peoples mostly having serious issues with this because they are not feeling good about this coin and already having some lost in recent bear market now many newbies also feeling all scam about this so peoples losing their interest just few early adopters having some good profit with this hype, but now It's very difficult to have some good profit from this.
About this figure of $0.1 it's never been realistic figure for anyone because with this circulation It's never been touching this figure in next one decade. And is this going to survive with this hype for this time it's more difficult.
everyone will always avoid anything if it can be done not to hold a coin meme even though it's not bad either because the price listed is clearly very cheap with not large capital will be able to get a very large amount. the possibility of events such as doge happening to other meme coins is no exception with SHIBA, so it is clear that there will be benefits if it increases.
but it's true that in a situation where everything is going red, it's too risky to hold onto coin memes let alone to make a profit.
The last ATH looks like it's currently hard to surpass, especially with a value of $0.1, thats right assuming you're certainly not realistic to be able to do it for the next few moments though. because the fight is quite heavy to be done. what SHIBA currently needs is to keep prices stable .