Is it possible for SHIBA INU to reach 0.01$? - page 5.

tippytoes

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Quote from: Wakate on October 02, 2021, 07:49:31 PM

Quote from: ?? on ??

Quote from: dondonk on September 21, 2021, 01:01:02 PM

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

I agree the crypto market is so volatile that impossible things become almost possible same situation in case of SHIBA INU at first, its price was very low it is unlikely to rise but now looking at the market situation its price has increased hopefully this project is going to be that good.

Impossible things do not become possible things without a force. Force is needed for things to move which is why more work is needed for cryptocurrency to have a good move in the market. Shiba Inu will reach that price but it's going to take more time for this to happen. I believe many investors would have sold there own shares before this will happen.

But the question is, is there really active development on this meme token? Or just hoping that it will be pump again owed to hype. Seems that the hype for meme tokens are waning already as NFT-based projects are getting more attention these days. Users realized fast that most meme coins are crap and not worth investing. In my opinion, it is very hard for SHIB to reach 1 cent, unless, the dev team of this token will do something valuable to the community.

Wakate

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Quote from: dondonk on September 21, 2021, 01:01:02 PM

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

I agree the crypto market is so volatile that impossible things become almost possible same situation in case of SHIBA INU at first, its price was very low it is unlikely to rise but now looking at the market situation its price has increased hopefully this project is going to be that good.

Impossible things do not become possible things without a force. Force is needed for things to move which is why more work is needed for cryptocurrency to have a good move in the market. Shiba Inu will reach that price but it's going to take more time for this to happen. I believe many investors would have sold there own shares before this will happen.

_IRMAN

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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.

Abiky

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Quote from: superman184 on September 21, 2021, 06:17:32 PM

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.

The meme coin craze is going to die. There's no doubt about that. Dogecoin's rise has been nothing but pure hype. What makes you think the same doesn't apply to clones like SHIBA INU? There are far better cryptocurrencies on the market with active development, innovation, and a solid foundation built upon them. Hype is nothing when the project is abandoned in development. SHIBA INU was only created as a joke meant to be used for speculative purposes. It may rise in price within the short-term, but that's it. Long-term speaking, SHIBA is not a good investment because of the reasons mentioned before.

I believe $0.01 per coin is just a dream. Only a massive pump will make this a reality. But the effects will only be temporary as everything will go down the drain at a very fast pace. I'd stick with good-old coins just to be safe. Just my thoughts Grin

Hypnosis00

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Quote from: nelson4lov on September 24, 2021, 05:59:31 PM

Quote from: Sanitough on September 24, 2021, 04:41:30 PM

There's no problem in reaching that price if we are talking about hype, however, the concern is, will Shinu continue to grow from that price or it will only be a pump and dump coin like the others.

The current price is $0.000006968, it has to increase 1,435.132032146958 times to reach the target price. I guess it will take a lot of time, probably 10 years at a minimum, if it still survives and is listed in big exchanges.

That's not even the main concern in my opinion. I see a lot of people on this thread expecting Shiba Inu to reach such price levels but everyone keeps forgetting that the marketcap at the moment is already on the high side and as such, the days of Shiba Inu having those epic 50x to 100x moves appears to be over since it was so easy to make those moves when the marketcap was still a couple of millions.

It was time to stop thinking about it as it was really impossible to reach that price with that huge market supply. Even if Bullrun will strike again, that still remains in question, and I'm one of the people who certainly seeing a very slim chance to get it to reach. I don't know how these people become optimistic about this project coz even we do TA and seeing on the chart, it was obviously out from getting through.

If we are investing in this project, we must be contented with what it gives back to us. And never hesitate to sell them once the hype had come as for sure it will never last long.

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Quote from: Sanitough on September 24, 2021, 04:41:30 PM

There's no problem in reaching that price if we are talking about hype, however, the concern is, will Shinu continue to grow from that price or it will only be a pump and dump coin like the others.

The current price is $0.000006968, it has to increase 1,435.132032146958 times to reach the target price. I guess it will take a lot of time, probably 10 years at a minimum, if it still survives and is listed in big exchanges.

That's not even the main concern in my opinion. I see a lot of people on this thread expecting Shiba Inu to reach such price levels but everyone keeps forgetting that the marketcap at the moment is already on the high side and as such, the days of Shiba Inu having those epic 50x to 100x moves appears to be over since it was so easy to make those moves when the marketcap was still a couple of millions.

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Quote from: Wakate on September 24, 2021, 04:03:21 PM

Quote from: Alexmagn84 on September 20, 2021, 05:47:40 AM

That case, is truly difficult to accomplish. Perhaps not feasible as long as they exist but rather would take such countless updates and improvements from the SHIB side. Possibly if the exhibition is acceptable, shiba will have a developing and further local area, and that could up the cost of shiba coins. Either sooner rather than later or in the long haul.

Whether it since going to take time or not, I think Shiba Inu will reach such price and pass it. The market will keep going up and coming down which will make Shiba to get to such price and exceed it. The coin had gained very high market volume and I know it will still go up with time. Keep holding and if anyone intend selling then it will be no issue.

There's no problem in reaching that price if we are talking about hype, however, the concern is, will Shinu continue to grow from that price or it will only be a pump and dump coin like the others.

The current price is $0.000006968, it has to increase 1,435.132032146958 times to reach the target price. I guess it will take a lot of time, probably 10 years at a minimum, if it still survives and is listed in big exchanges.

Wakate

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Quote from: Alexmagn84 on September 20, 2021, 05:47:40 AM

That case, is truly difficult to accomplish. Perhaps not feasible as long as they exist but rather would take such countless updates and improvements from the SHIB side. Possibly if the exhibition is acceptable, shiba will have a developing and further local area, and that could up the cost of shiba coins. Either sooner rather than later or in the long haul.

Whether it since going to take time or not, I think Shiba Inu will reach such price and pass it. The market will keep going up and coming down which will make Shiba to get to such price and exceed it. The coin had gained very high market volume and I know it will still go up with time. Keep holding and if anyone intend selling then it will be no issue.

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Quote from: Sweetbtc on September 24, 2021, 08:32:20 AM

Been molding VET for months now. It’s very slow moving up. Great use case and a good hold for the future but if you are trying to make money by the end of the year, there are many other coins that will do a better job

Obviously, if the choice is only to make money at the end of the year, then there are still many coins that need to be seen from now on to increase the number of assets that we already have, not only VET which tends to be late, so it is necessary to look at other coins that which is faster in terms of movement.

Sweetbtc

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Been molding VET for months now. It’s very slow moving up. Great use case and a good hold for the future but if you are trying to make money by the end of the year, there are many other coins that will do a better job

24Kt

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Quote from: jambul_kribo on September 21, 2021, 07:33:08 PM

Quote from: superman184 on September 21, 2021, 06:17:32 PM

Quote from: moneyball on September 02, 2021, 03:39:04 AM

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.

they put big hope elon musk will shill their coins like dogecoin and multiple profits from pumped. hoping hype will stay for long time in meme coins was bad decision, we need usecase not hype that shilled from popular figure. Meme coins now back to original condition like before shilled by elon and no more of them rise extremely.

Quote from: dondonk on September 21, 2021, 01:01:02 PM

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

we know nothing is impossible in this market but we need somthing big from Shiba inu to deliver its price to 0.01, without any important breakthrough impossible for us to see it.

And what do you think would it take to have a breakthrough in the SHIB market? I happened to check their thread here and it seems the OP of their thread already abandoned and only some loyal followers are updating it. I am not very familiar with their actual developments but if you are a holder, I guess, you need to keep an eye on them via social media channels. I don't think this meme token will go far now that this hype is already subsiding.

jambul_kribo

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Quote from: superman184 on September 21, 2021, 06:17:32 PM

Quote from: moneyball on September 02, 2021, 03:39:04 AM

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.

they put big hope elon musk will shill their coins like dogecoin and multiple profits from pumped. hoping hype will stay for long time in meme coins was bad decision, we need usecase not hype that shilled from popular figure. Meme coins now back to original condition like before shilled by elon and no more of them rise extremely.

Quote from: dondonk on September 21, 2021, 01:01:02 PM

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

we know nothing is impossible in this market but we need somthing big from Shiba inu to deliver its price to 0.01, without any important breakthrough impossible for us to see it.

superman184

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Quote from: moneyball on September 02, 2021, 03:39:04 AM

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.

Abiky

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Quote from: bakasabo on September 20, 2021, 02:44:44 AM

I think it is nearly impossible for Shiba Inu to reach 1 cent. How many times the price must be multiplied to reach it? About 1300 times. Impossible imho. Its price has already shoot stars in the beginning thanks to Elon Musk and everyone's animal hype. Such huge growth happens only once. Everyone are now aware of this altcoin being a high risk investment. No one would pump it. Even Elon seems to be less interested in crypto. Even if he tweets something new, new altcoin would appear and its price would be pumped, not Shiba Inu.

You've said it yourself. It's practically impossible for SHIBA to reach $0.01. The token has literally no future other than being a purely speculative asset. Developers only created it as a joke than a serious cryptocurrency for daily use. It's like "Dogecoin 2.0" if you ask me. SHIBA INU is even worse than Dogecoin, because its supply is extremely huge. I think it's even bigger than Dogecoin's. This inflation will greatly limit the token's ability to rise towards new All-time-highs. I wouldn't be surprised if this coin goes down the drain after the Dogecoin hype ends. I'm pretty sure most newcomers into crypto will become "rekt" after this happens. Just my opinion

perfect999

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Quote from: dondonk on September 21, 2021, 01:01:02 PM

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

I am sure realistically it's not possible but any hype or rumor can do this for this SHIBA because if you have billions of billions coins then surely it's not easy for them to survive in the long run, but if we talk about the future, I guess there is no limit for every altcoin to reach the top.

There are too many other better coins with better use case and have some main stream but with this SHIBA we have nothing it's just a meme coin and if someone feels then surely he needs to wait for Musk type person who join this and then hype with this good money because we have no other positive way for this coin.

dondonk

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if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

OrangeII

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Quote from: moneyball on September 02, 2021, 03:39:04 AM

As the title say? Could it by possible?

still very hard to imagine it. the current ATH price that was reached in May 2021 is $0.0000388 (Coinmarketcap) and that's even very far from that price, even for the $0.001 price it is still difficult to achieve even more so if we think about the price of Shiba Inu being able to reach $0.01 at this time it is still very difficult. however, given the potential for the Shiba Inu to be good to hold in the long run (in terms of meme coin), maybe I see this as Dogecoin 2. maybe if many people are interested in this coin, it becomes possible. we never know what the coin can achieve.

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Quote from: rosemariefrancis on September 21, 2021, 02:10:52 AM

Personally, I am not a big fan of these meme coins but we can’t dismiss the popularity of the coin, especially due to the sparked interest from a few prominent figures and how they have influenced people in favour of the coin. Ultimately the value of the coin is decided by its demand and supply.

That's true, but don't get me wrong that they can also throw them out any time they want when they are satisfied with the profits they've already earned, so everyone should also be careful of any meme coins that have a high supply, because if they can go up quickly, then the decline can also be faster.

ice18

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Wayback last 2015 when I discovered btc in another forum, its just only valued at $700 IIRC, today after 6 years btc reach ATH at $65k, I never imagine this price before I thought its really impossible, why IM saying this? This may also happen in every crypto like SHIB, $0.01 is not impossible at all, over the years crypto investors are continuously growing some already left but more are coming. Lets all wait for this to happen, not today but in the next few years if SHIB remains strong.

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Quote from: OnurGalatasaray on September 04, 2021, 11:05:23 AM

It is shitcoin why should it reach high price?
When people don't are about short profit anymore it will be huge loss for all shit coin like Shiba Inu, Safe Moon or similar shit coin.
Huge risk to buy it!

shit coin but look at their community it's their big fundamental in market.
these project for long term holding, as low price a lot of peoples holding, i have a few millions also.

thinking about risk i have invested a small amount so that even if there is a loss, it does not big affect.
it is my favorite coin not like that but not impossible thing to reach 1 cent after for few years.

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