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Topic: Is it possible for SHIBA INU to reach 0.01$? - page 4. (Read 1177 times)

hero member
Activity: 2254
Merit: 831
How much the marketcap of Shiba Inu is if its price is $0.01?

Today its price is $$0.00002787 and its marketcap is $11B. $0.01 is x500 from today price and Shiba Inu will become the biggest cryptocurrency, bigger than Bitcoin.

Is it realistic for the meme token to get it? It's simply to answer, unrealistic.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Seeing the success of Dogecoin, many people think that Shiba has the same potential. In fact, I also think that this coin will become popular because of the support from several parties. however, sometimes people get too excited. well, we don't know what will happen in the future, but looking at the price of Shiba which is still at the point of $0.00002276, it looks like it's very difficult to reach the price of $0.01, especially considering the huge total supply. well, i think that reaching a price of $0.0001 alone is quite extraordinary.
Even the success from Doge is not something that is permanent. It is obvious that we are seeing some hype around that as well and eventually that will go down too. I remember prices of 3-4 cents very clearly and I believe that even if not at that price, we are going to see doge to be under 10 cents as well.

I do not know when that will happen but I know that it will definitely happen. When doge becomes under 10 cents, and I do not mean like the whole market crashes, the market will be fine, doge will crash alone with some other memecoins, what do you think will happen to shiba? It will obviously crash as well. This memecoin fury will eventually end, it will not continue because it can't sustain to continue. They are just way too useless to continue to exist.
hero member
Activity: 2828
Merit: 673
Play Bitcoin PVP Prediction Game
It's a surprise that this question topic is receiving so many replies. There are many well deserving coins out there that don't attract this attention. It's curious.
One thing you need to know about the cryptocurrency market is the ability to hype your project to be know to the whole crypto community. Shiba Inu was almost over hyped increasing the number of investors that are buying it but still yet the price is not doing up to expectations. Maybe we should keep watching it market.
What is your expectation regarding the price of Inu?

The price will not reach $0.01 due to a very high volume, but in terms of growth, we can obviously see it's having a good run.
Check the graph for the price history.

https://coinmarketcap.com/currencies/shiba-inu/
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Miracle did not happen. -30% price loss since yesterday. I knew it was just another hype or pump&dump. I've told not to make huge illusions about infinite growth and achievement of $0.0001 in a different topic, not to mention that $0.01 is something unachievable.

Everyone wanted Shiba Inu to repeat the success of Dogecoin. In the past, there was only one major meme altcoin without any use case. It was easy for a rich troll to spot it and pump it. Nowadays there are probably a hundred of such meme coins. A chance that new Elon Musk appear and choose exactly Shiba Inu for a trolling is close to zero.
Seeing the success of Dogecoin, many people think that Shiba has the same potential. In fact, I also think that this coin will become popular because of the support from several parties. however, sometimes people get too excited. well, we don't know what will happen in the future, but looking at the price of Shiba which is still at the point of $0.00002276, it looks like it's very difficult to reach the price of $0.01, especially considering the huge total supply. well, i think that reaching a price of $0.0001 alone is quite extraordinary.

Getting near to what OP ask is really hard, the existing volumes of this coin and how much the amount it's needed to hit .01$? Can't really see the possiblities, though maybe for those people who thinks that it can follow the success of Doge they will keep holding this coin. Long term the fate of this coin will continue to rely with bagholders and whales.
legendary
Activity: 2324
Merit: 1101
Only a few projects and it's not all. I can say only a small percentages of the total meme coins in the market that have the intention to develop a real product like shiba with its swap service.

Shiba was increasing a lot again but it seems like that if this could be a very hard thing to did to reach 1 cent. Almost all of the meme coins were only offering gimmicks to the buyers and investors. Meme coins didn't have real value. Shiba may be a different thing that's not comparable with the common meme coin coz it's supported by so many whales. Even some big boys were also supporting this meme token like what they have done with doge coin. 1 cents may be easy but the time will tell. Shiba was growing so crazy right now.
Shiba is not "real project" just because it has a swap, I can create a swap for you in 10 minutes, literally 10 minutes, design would be required of course and I am not a designer so it would look bad, but all the features will be there and ready. Shiba spent probably a week or two on it at most and created a swap but that's about it, nothing about that swap shows any promise, it is a totally useless swap.

The only reason why people are showing interest to it is the same as why they are showing interest to shiba, it is a community hive mind and there is a hype around it and people are sticking to their guns. I am 100% certain that eventually it will not be able to get anything out of it and you will be upset that you didn't get out early enough.
newbie
Activity: 16
Merit: 0
It's a surprise that this question topic is receiving so many replies. There are many well deserving coins out there that don't attract this attention. It's curious.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Miracle did not happen. -30% price loss since yesterday. I knew it was just another hype or pump&dump. I've told not to make huge illusions about infinite growth and achievement of $0.0001 in a different topic, not to mention that $0.01 is something unachievable.

Everyone wanted Shiba Inu to repeat the success of Dogecoin. In the past, there was only one major meme altcoin without any use case. It was easy for a rich troll to spot it and pump it. Nowadays there are probably a hundred of such meme coins. A chance that new Elon Musk appear and choose exactly Shiba Inu for a trolling is close to zero.
Seeing the success of Dogecoin, many people think that Shiba has the same potential. In fact, I also think that this coin will become popular because of the support from several parties. however, sometimes people get too excited. well, we don't know what will happen in the future, but looking at the price of Shiba which is still at the point of $0.00002276, it looks like it's very difficult to reach the price of $0.01, especially considering the huge total supply. well, i think that reaching a price of $0.0001 alone is quite extraordinary.
legendary
Activity: 2296
Merit: 1176
Miracle did not happen. -30% price loss since yesterday. I knew it was just another hype or pump&dump. I've told not to make huge illusions about infinite growth and achievement of $0.0001 in a different topic, not to mention that $0.01 is something unachievable.

Everyone wanted Shiba Inu to repeat the success of Dogecoin. In the past, there was only one major meme altcoin without any use case. It was easy for a rich troll to spot it and pump it. Nowadays there are probably a hundred of such meme coins. A chance that new Elon Musk appear and choose exactly Shiba Inu for a trolling is close to zero.
hero member
Activity: 2772
Merit: 576
Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.
It is the reality that shib holders must take.

The probability of seeing shib reach $0.01 is very unlikely or should we say that even if there is a chance, it's very low chance to see it.

It's another meme and if there's an actual development for it, they'll find a way to reduce the supply.

Agreed, its hard to be seen.
Also if theres an idea of actual development, i bet the developer would make a new project instead of creating it on top of Meme project.
Well.

That's very likely that the devs will choose to have a new project and develop it. But it could also be chosen as their main project and just develop it because it's already popular.

People tend to be brought up by such hype at most times.
hero member
Activity: 1316
Merit: 502
Almost everyone thought Shib had died. Now it's alive. This illustrates why it's still best to hold crypto instead of selling it. I never expected SHIBA INU to take so long. Hype shows that, now it's selling time. I already sold my holdings. Profits must be taken, otherwise that strategy is not successful. With another coin I had the same experience, always take my profits and wait for the next one to come.
Of course, no one particularly appreciates Shiba as they operate in a time when coin memes are being argued as bad platforms and misleading users, besides, Shiba is the bridge between Elon Musk and the market, the relationship causes a conflict in the value of bitcoin, most experts predict a chance of Shiba's return is very slim. However, underestimation and misjudgment are the essence of all anticipation, something unexpected happens, only a moment passes and Shiba is forgotten, it's back and quite a few people were shouting about this super profitable investment
hero member
Activity: 1316
Merit: 731
Leading Crypto Sports Betting & Casino Platform
I thought that the hype of meme coins was over, but Elon Musk made his tweet supporting doggy's coins again and as a result a new pump of Shibu Inu. Actually, I am not sure if it is likely to reach 0.01$ just in this wave of hype. One day people will cease reacting on Elon Musk's advertisement and meme coins will be doomed to death.
Meme coins like Shiba and Dogecoin will not be put to death in the cryptocurrency market, they will still be alive even if no one else is interested because what Dogecoin looks like is a very strong example and reference so Shiba has high faith in it and so do I never saw Elon Musk tweet about the Shiba Inu in the past two days.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
in reality not all projects have actual development so some of the new projects still look almost the same as memes, even though they are also trying to provide something better and not just meme coins.
Only a few projects and it's not all. I can say only a small percentages of the total meme coins in the market that have the intention to develop a real product like shiba with its swap service.

Shiba was increasing a lot again but it seems like that if this could be a very hard thing to did to reach 1 cent. Almost all of the meme coins were only offering gimmicks to the buyers and investors. Meme coins didn't have real value. Shiba may be a different thing that's not comparable with the common meme coin coz it's supported by so many whales. Even some big boys were also supporting this meme token like what they have done with doge coin. 1 cents may be easy but the time will tell. Shiba was growing so crazy right now.
full member
Activity: 862
Merit: 100
I thought that the hype of meme coins was over, but Elon Musk made his tweet supporting doggy's coins again and as a result a new pump of Shibu Inu. Actually, I am not sure if it is likely to reach 0.01$ just in this wave of hype. One day people will cease reacting on Elon Musk's advertisement and meme coins will be doomed to death.
sr. member
Activity: 1876
Merit: 318
Maybe, but no one knows how long. Shiba Inu is just a meme token, it has no use and case, the price goes up if there is hype, just like doge.
I don't think Shiba Inu will be the same as Dogecoin even though they are both meme coins, because Dogecoin can still go up in price without having to experience hype, while Shiba Inu is different from Dogecoin where you have to wait for the hype first in order to get a price increase in the market.

I agree that Dogecoin and Shiba Inu are both meme coins, but they have different potentials. Dogecoin has been in the crypto world for a long time,
so even meme coins have no obvious use. Dogecoin already has a large community, I also believe Dogecoin will go up in price, although there is no hype.
While the Shiba Inu is very difficult to pump, let alone reach a price of $ 0.01 as if there is no hype it is impossible for Shiba Inu to achieve.
I really don't recommend investing in coins like Shiba Inu, the risk of losing money is greater than the profit we will get.
hero member
Activity: 2772
Merit: 576
Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.
It is the reality that shib holders must take.

The probability of seeing shib reach $0.01 is very unlikely or should we say that even if there is a chance, it's very low chance to see it.

It's another meme and if there's an actual development for it, they'll find a way to reduce the supply.
full member
Activity: 274
Merit: 101
One meme coin is enough for the market and it will hoard all the people's interest in it, leaving none for the others. You can create many more similar meme coins to DOGE but that will not work as it is very unoriginal, the main factor of how a meme coin come to like this. So I don't think SHIBA coin could reach close to $0.01 price. Now, coin that follows the kek meme is more original and I am willing to bet it will be the best meme coin behind DOGE.
member
Activity: 352
Merit: 18
Pepemo.vip
As the title say? Could it by possible?

Everything is possible in cryptocurrency. We have also seen many shit tokens go to the moon. I am fascinated by the performance of Shiba Inu. So I believe Shiba Inu will be able to find good positions in the crypto world.
newbie
Activity: 16
Merit: 0
Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.
full member
Activity: 1974
Merit: 174
★Bitvest.io★ Play Plinko or Invest!
As the title say? Could it by possible?
There is a run happening in Shiba Inu community and the market is really bringing good to this coin as we can see here

https://coinmarketcap.com/currencies/shiba-inu/

SHIBA is now increased by 160% and counting . Looks like there is something good to expect in this coin but reaching 0.01$?


NOPE this will not come this soon , in the next 5 years who knows but does not necessarily this year or the next.
full member
Activity: 924
Merit: 100
As the title say? Could it by possible?
I think the meme coin craze is going to die, and until now people will still speculate about meme coins and keep hoping that the projects they invest in will improve like DOGE has done, we already know this is an overvalued coin, so there's no possibility of that will persist in the long term, and given the supply of SHIBA INU, appears to be outside the expected price range.
Meme or not, to be honest Idgaf. I've made almost 200% on shib the past 2 days. Get over the idea of what's legit or not. Make your money how ever you can. If people hold long term on a turd, take advantage of it and leave the bag holders. It's a dog eat dog world and the ones stuck in that Hodl mentality because they believe in the project, are the ones who get played.
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