Is it possible for SHIBA INU to reach 0.01$?

Abiky

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Quote from: Benefactor on November 12, 2021, 12:08:15 AM

There's a distinction with that. An excessive amount of assumption for a coin that has billions of billions of supply. It's an ideal opportunity to simply remain in reasonable things to occur and not on colossal theory. As the obvious truth at this point shiba inu has a decent rate and the status appears to be not awful wherein it continue to move also in the market alongside some great alt.

"Billions of supply" really tells us the coin is not meant to be worth anything. It'll remain below $0.01 for the foreseeable future. It's like saying Dogecoin will reach $1 per coin, when there are billions of coins in circulation. People are just buying SHIBA INU with the hopes of becoming rich quick. After all, they don't want to miss Dogecoin's frenzy. The oldest "meme" coin (DOGE) went from being worth nothing to nearly $0.50 within such a short amount of time. It's incredible how one person (Elon Musk) can manipulate the market to his own benefit. It'll all be over soon once people move on to the next big thing in crypto. Considering that SHIBA INU is an extremely-risky investment, I'd suggest anyone to look elsewhere. Just my opinion

Benefactor

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There's a distinction with that. An excessive amount of assumption for a coin that has billions of billions of supply. It's an ideal opportunity to simply remain in reasonable things to occur and not on colossal theory. As the obvious truth at this point shiba inu has a decent rate and the status appears to be not awful wherein it continue to move also in the market alongside some great alt.

Reatim

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Quote from: matchi2011 on November 11, 2021, 04:33:52 AM

Quote from: ice18 on November 11, 2021, 03:52:53 AM

Quote from: mdzahed134 on November 10, 2021, 01:11:22 PM

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

Agree, SHIB only pump because of FOMO, if they can manage to burn half of the current supply then its possible but it will cost billions of dollar from investors not an easy to achieve for a MEME to pump like this. The only way I think to help price to move fast upward is one positive tweet from ELON saying I bought SHIB worth $1B, but I dont think it will happen lol.

Musk power may affect the market but not always on the positive side, much better to work for more usages
instead of looking for Musk to play with this coin, if Shiba gets more businesses to adopt and use this coin for
transactions, it will help a lot even there's a huge volume.

and here we enter the question about Does SHiba really has that potential to be adopted by businesses and used for transaction? i doubt it is .

Quote

Usages give coin a market value, aside from the help of pumping groups or individuals. Still not removing
the possibilities that this coin can move and experienced another strong pump.

and that is a call for manipulation , because this coin has no real value at all and there is no even a product to present so what is the business towards this?

matchi2011

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Quote from: ice18 on November 11, 2021, 03:52:53 AM

Quote from: mdzahed134 on November 10, 2021, 01:11:22 PM

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

Agree, SHIB only pump because of FOMO, if they can manage to burn half of the current supply then its possible but it will cost billions of dollar from investors not an easy to achieve for a MEME to pump like this. The only way I think to help price to move fast upward is one positive tweet from ELON saying I bought SHIB worth $1B, but I dont think it will happen lol.

Musk power may affect the market but not always on the positive side, much better to work for more usages
instead of looking for Musk to play with this coin, if Shiba gets more businesses to adopt and use this coin for
transactions, it will help a lot even there's a huge volume.

Usages give coin a market value, aside from the help of pumping groups or individuals. Still not removing
the possibilities that this coin can move and experienced another strong pump.

ice18

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Quote from: mdzahed134 on November 10, 2021, 01:11:22 PM

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

Agree, SHIB only pump because of FOMO, if they can manage to burn half of the current supply then its possible but it will cost billions of dollar from investors not an easy to achieve for a MEME to pump like this. The only way I think to help price to move fast upward is one positive tweet from ELON saying I bought SHIB worth $1B, but I dont think it will happen lol.

Reatim

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Quote from: mdzahed134 on November 10, 2021, 01:11:22 PM

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

the demand subsided now as we can see how stagnant the price now and even dropping little by little https://coinmarketcap.com/currencies/shiba-inu/ Shiba Inu had already reached its peak and any moment will fall again.
for those who had already gain , good to withdraw or risk being a loser in the following months.
I am not a fan of Meme coin specially those who had been pumped by Elon Musk Popularity.

perfect999

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Quote from: Nazmul012 on November 04, 2021, 05:50:15 PM

Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

Recently we have some good hype about this SHIBA because of very big marketcap, but recently I read on a site that team announced they are going to burn 40% total marketcap, so hopefully this will have some good impact on its price, but still it's not easy for token like this to have figure like this $0.01 for me, it's really hard to touch and about this $0.001 its possible but will take some long time because it's also very attractive for any meme coin which is not doing any good for the crypto community.

Hype and marketcap is never been better use case we need some good feature and better use case with very strong devs team these all have nothing with this just community and hype is currently the best option for newbies to have good profit.

mdzahed134

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Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

apaben

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Quote from: Nazmul012 on November 04, 2021, 05:50:15 PM

Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

This bullrun can have an impact on the Shiba coin rising steadily. 0.001 is very realistic which is very high and I think it can be achieved. but there is something that has to be done i.e. token burning has to be done. On the other hand, what I'm concerned about is investors buying cheaply and you can imagine if he or she has made billions of dollars in profits on small investments in the past. selling at this time there will be very heavy bleeding.?

mirakal

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Quote from: Nazmul012 on November 04, 2021, 05:50:15 PM

Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

The only way for Shiba to reach that price is if the market remains bullish. When the bull run is over, everything will be back to normal, and since there's no hype anymore, these meme coins will be forgotten as people will focus more on coins with real usage and has good potential. Investors are definitely playing with this coin now, it's hot since it pumped many times but I would never think it will reach 0.01 USD ever, that's too unrealistic.

Nazmul012

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Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

Abiky

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Quote from: Slow death on November 01, 2021, 04:18:52 PM

Supply: 589,738,956,207,004

so many coins, I wonder what the coinmarketcap should be for this altcoin to be priced at $0.01?

one of the biggest problems in this market is that anything new ( some new altcoin ) lasts for some period of time but then people lose interest and the price of altcoin starts to drop and drop in the coinmarketcap rankings

Supply is ridiculously high. SHIBA will never reach $0.01 if there are lots of coins in circulation. Always remember the rules of supply and demand. If there's a low supply of coins but a high demand, prices will soar all the way to the moon. The same happens vice versa. I wouldn't count on SHIBA as a long-term investment simply because the risk of loss is too high. Just because DOGE crossed $0.01 doesn't mean SHIBA will do the same. Dogecoin has a large community and years of experience behind it, so this gives it a certain advantage over other coins on the market. SHIBA is a new coin that's just starting to blossom. The community is quite small compared to Dogecoin's.

It's all about mainstream adoption these days. If there's market demand for SHIBA, you can rest assured it'll stand the test of time. Otherwise, it'll fade into oblivion until it becomes history. I wouldn't worry about SHIBA since it was never meant to be taken seriously. Just my thoughts Grin

lixer

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Quote from: Jose Mourinho on November 01, 2021, 02:56:53 PM

Even though the popularity of shiba INU is currently increasing, I don't think this meme coin can reach $0.01 because its value is still very far from the current price of $0.0007154, it takes 900x pumping to reach the target as the OP mentioned, of course it is something that is not might happen,

Popularity is increasing and community is also growing which is good signs but again one question is knocking around very badly that can a meme coin do again because we already have one with the name of Dogecoin, and it's done very good even takes sometime but done now losing ground again and going back to its real price because Elon is also not doing any tricks.

About Shiba, it's also not sure but in crypto all things possible after having news that team will burn 40% of total supply now few are feeling some better about this even it's still big risk for many investors, but now I am also feeling this can touch this figure $0.01 in long run. Too many new coins and projects those have nothing with this crypto market, making good ground this also possible for this.

lepbagong

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Quote from: moneyball on September 02, 2021, 02:39:04 AM

As the title say? Could it by possible?

I've always believed that in crypto there will always be possibilities even if they don't seem unreasonable. but we also have to be realistic in understanding this, because everything will be determined, does it make sense to happen? with a very high price difference to be pursued?

Quote from: smartaction on October 30, 2021, 06:02:16 AM

I never thought it would happen. But everything is possible in cryptocurrency so maybe someday it will happen in the future. However, it is very unlikely to happen.

all can have different opinions in understanding an issue but we are also required to think realistically in responding to what will happen !!! so I strongly agree that the possibility is rather small for that to happen, because seeing the SHIB coin which is too cheap and requires large funds can boost it.

because coins with prices that are too cheap will be very easy to increase and it is not impossible that they will be able to free fall again.
so it is very difficult to expect cheap coins to reach that price, besides maybe there are institutions or investors who want to buy and invest large amounts of money in it, but do they want to do that?

Slow death

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Supply: 589,738,956,207,004

so many coins, I wonder what the coinmarketcap should be for this altcoin to be priced at $0.01?

one of the biggest problems in this market is that anything new ( some new altcoin ) lasts for some period of time but then people lose interest and the price of altcoin starts to drop and drop in the coinmarketcap rankings

Jose Mourinho

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Even though the popularity of shiba INU is currently increasing, I don't think this meme coin can reach $0.01 because its value is still very far from the current price of $0.0007154, it takes 900x pumping to reach the target as the OP mentioned, of course it is something that is not might happen,

JeWay

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Quote from: Semar Mesem on October 31, 2021, 04:09:46 AM

Anything can happen, Shiba Inu is a token that continues to shine since 2021, and October has gone up more than 800%, and to reach $0.01 it takes an increase of at least 900% maybe it can happen but it takes time.

If the increase is 800% and the price is still $0.00007173, then to increase to $0.01 it takes 3x the 800% to get to the price you mentioned, not just 900% because you see for yourself how much the price is now and compare it with the price you say that.

coinzzzpro

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Of course jokes are jokes, but exactly such coins as SHIBA have a chance not only to enter the top 10, but also to reach the 1st place at all. It's all about the capital structure, the distribution of token shares among the owners of the coin. In old coins - Bitcoin - it is unpredictable, a lot of bitcoins are in the hands of incomprehensible freaks, junkies, dubious social elements. Bitcoin is hard to ramp up because you have to make all these people (and you) rich. The market is of course bullish and the bull market is good, but everything has limits.

mirakal

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Quote from: ?? on ??

Quote from: Sweetbtc on October 30, 2021, 12:51:42 PM

Maybe but very difficult. Not saying it’s impossible but isn’t 20B market cap is a lot for a crypto. But I guess if doge reached 80B and shiba 50B then I wouldn’t be surprised

Now the positions on both have reversed where Shiba is in 9th position and Dogecoin is in 10th position in cryptocurrency rankings so it can be concluded that Shiba's market capitalization is more than Dogecoin now.

Yes, the hype of DOGE has transferred to Shiba INU and its price is already $0.00007299.

If some people would think it will reach $01, then I would say they must be dreaming as it's not gonna happen as that's 137 times increase of the current price, imagine multiplying the marketcap of Shiba Inu now which is $39,941,445,894, that would be over $5 trillion which is above than bitcoin's total marketcap.

2girls

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Yes offcourse i see the possibility SHIBA INU to reach the 0.01$.because it is the best coin and this coin easily to reach a 0.01$.SHIBA INU community is the one of the best community So everyone buy this coin and support to this community it will get bright future soon so my opinion is that it is very successful Project in future.

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