Topic: Is it possible for SHIBA INU to reach 0.01$? - page 2. (Read 1175 times)
In cryptocurrency anything can happen, but it is very unrealistic for Shiba to reach $0.01, considering the current price is still very far at $0.00006468, so it is very difficult for shiba to be able to pump 800-900X, moreover the capitalization is still very at around $35,517 , with these statistics I believe SHIB cannot hit such a target. I think that's a very excessive target,
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.
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
As the title say? Could it by possible?
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.We really don't know, the turned of events seems favoring this coin, if this bull continue to rise strongly we might see the value to reached that target. It's more on how investors will help and how they percept this coin, crypto world always have a lots of surprises. We never know when the market will favor and create the momentum for this asset.
To reach 1 penny of course it takes a big thing and I'm sure it will happen one day although it will take at least 3 years. Shiba Inu has the potential to continue to shine, but I'm sure users will not miss the opportunity to sell if they feel that they have made a big profit, and today's Shiba Inu has dropped more than 10% even though the majority of the market today is green.
As the title say? Could it by possible?
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.We really don't know, the turned of events seems favoring this coin, if this bull continue to rise strongly we might see the value to reached that target. It's more on how investors will help and how they percept this coin, crypto world always have a lots of surprises. We never know when the market will favor and create the momentum for this asset.
As the title say? Could it by possible?
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.We don't need to dream higher as the ascent is now an amazing achievement that we see in a short time.
As the title say? Could it by possible?
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. 
To reach 0.01$, its market cap has to be 5.5 trillion$, that is four times bitcoin value today. For a meme coin, that kind of valuation is improbable.
There are still a lot of 0's that Shiba Inu has to eliminate in order to reach such a high price because currently the price is still at $0.0007309 so there is still a lot to be removed through the addition of a very large volume, so obviously it's very difficult not impossible.maybe 0.0001 is the highest for this Coin to take and then be back to lower position again.
To reach 0.01$, its market cap has to be 5.5 trillion$, that is four times bitcoin value today. For a meme coin, that kind of valuation is improbable.
that is exaggerated target i guess but we cannot change the fact that the climb now is really unexpected .Imagine now sitting at 0.00007$ ? damn this is a great increase considering that there are lots of attacks against this coin (Including me lol)
to have 5.5 trillion cap meaning this needs to break bitcoin cap more than 5x? lol badly impossible to happen.
As the title say? Could it by possible?
I think it is impossible for Shiba to go through that 0.01$ price it has a very big supply and I think it is more possible that it will reach 0.001$ than 0.01$ how ever everything still depend on the team and the developers behind the project and I think burning a percentage of supply will make the price rise.
To reach 0.01$, its market cap has to be 5.5 trillion$, that is four times bitcoin value today. For a meme coin, that kind of valuation is improbable.
Before prediction any project you must observe his team his community his market cap his investor , partner, after that you can predict any project price. Shib Inu is shit coin everyone know and his price has too much zeros so predicting that it will hit 0.01$ it can happen but it need too huge news and too much invester after that it can happen.
As the title say? Could it by possible?
That will never happen, unless SHIBA INU does burn at least 80% of the current supply, then of course the price of SHIBA INU could reach $0.01 in the future, therefore I hope you don't expect the price of SHIBA INU to reach $0.01 and look for a reasonable price, because for the price of SHIBA INU to reach $0.01 it's something that's hard to happen.
Although painful to listen to, in reality the Shiba Inu is almost impossible to reach the price of $ 0.01. So don't get our hopes up too high when
investing in a Shiba Inu that doesn't have any real use. Therefore, if it is already profitable, immediately sell the Shiba Inu that we have,
because if holding Shiba Inu is too long, we just missed the opportunity to make a profit.
Without any burning of it's circulating supply Shiba Inu will never ever reach the price of 0.01$, there are so many altcoin that has also a big supply and as usual the price of those altcoins is really low the circulating supply really matters most about it's present price, if they wanted to saw their token in high value then they must burn 50% to 85% of the supply, it is not only about the supply it is also about the demand, prices depend on supply and demand if the demand is high but the supply is also high then the price will never increase at all.
The process is more complicated than this, but when most coins are mined, the mining rate decreases so that the total supply is only replenished to account for lost units. ... When that's the case and demand increases, the price of that underlying asset goes up.
The process is more complicated than this, but when most coins are mined, the mining rate decreases so that the total supply is only replenished to account for lost units. ... When that's the case and demand increases, the price of that underlying asset goes up.
Exactly. You can never expect an hyper-inflated coin to rise in price over time. That simply goes against the fundamentals of economics. People seem to think every "meme" coin is meant to go sky-high, when they've got it all wrong. Dogecoin went to the moon because Elon Musk hyped it across social media platforms. If it wasn't by that, DOGE would've been worthless by now. SHIBA has no popular figure to "shill" it, so $0.01 per token is only a dream. Inflation and lack of real use cases for the mainstream world is what's going to "kill" SHIBA INU in the long run. The same can be said about Dogecoin. But people will never understand what crypto is truly about, since they're blinded by greed. As long as there's money to be made, nothing else matters. Just my opinion
As the title say? Could it by possible?
That will never happen, unless SHIBA INU does burn at least 80% of the current supply, then of course the price of SHIBA INU could reach $0.01 in the future, therefore I hope you don't expect the price of SHIBA INU to reach $0.01 and look for a reasonable price, because for the price of SHIBA INU to reach $0.01 it's something that's hard to happen.
As the title say? Could it by possible?
Without any burning of it's circulating supply Shiba Inu will never ever reach the price of 0.01$, there are so many altcoin that has also a big supply and as usual the price of those altcoins is really low the circulating supply really matters most about it's present price, if they wanted to saw their token in high value then they must burn 50% to 85% of the supply, it is not only about the supply it is also about the demand, prices depend on supply and demand if the demand is high but the supply is also high then the price will never increase at all.The process is more complicated than this, but when most coins are mined, the mining rate decreases so that the total supply is only replenished to account for lost units. ... When that's the case and demand increases, the price of that underlying asset goes up.
No, this is impossible with so many tokens.I think everyone understands that you need to spend trillions of dollars to reach the price of 1 cent. Who will do this? Probably the population of the planet earth will not be enough to raise the rate to such values.This is possible only if you burn 95% token offers.
Shiba can reach 0.01 one day, although it is a meme coin like Dogecoin but it has relatively outperformed Dogecoin in a short period of time, I think that if this currency was adopted by influential businessmen in their tweets and the whales bought the Shiba currency for millions of dollars, and if it was listed in Coinbase, we might find this price you mentioned and more. It's okay to buy Shiba inu and hold it for the long term, as long as your capital is small.
I'm not entirely sure but for Shiba Inu to hit $0.01 from the current price of $0.00002612, the price has to go up around 50x or more and I don't that's feasible not at this marketcap at least which is already too high for a project like this (no real value proposition, just hype). Maybe 2x to 5x from here might be feasible but not $0.01. Don't forget existing holders would want to sell sooner or later.
No chance it reaches .01. The market cap and value just would be insane. Its a decent swing tradeable coin but there really is no long-term value in it other than everyone piling in based on Elon and influencers trying to keep pumping it. Its been a good trade but I have set the rest of my position on tight stop losses to ensure it stays a profitable venture.
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