When will SHIBA INU going to reach $1? - page 7.

conected

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Quote from: traderethereum on June 01, 2021, 11:20:49 PM

If you believe Shiba Inu can reach $1 in the future, you should hold it for a long time like what the other people hold their Dogecoin.
You can see how long those investors hold their Dogecoin from a long time ago and suddenly, the price increases so high.
We do not know what will happen to Shiba Inu, but anything can happen in the crypto world.
You can invest in Shiba Inu, but only with the money, you can afford to lose and never regret after investing in that coin.
We can only give a suggestion, but the final decision will be yours.

- Agree, dogecoin's value charts as one of the reference materials, we shouldn't be too skeptical about the ability of Shiba Inu, although its price is currently going through a lot of dumping but signing up to be a small shareholder of such meme coins, it's not a mistake, it's similar to the money we put into bets and lottery tickets, a full patience and accumulation will sometimes be a big change in the future. But miracle stories will have an extremely low chance of happening, so this rock should not always be in front of us and appear in our thoughts too much, forget it and do something else, instead of looking at it every day

Fivestar4everMVP

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Quote from: Bagaji on May 31, 2021, 02:04:08 PM

The hip as at the time that SHIBA INU was lounch in Binance was what makes me to invest in the coin with the hope that in no distance time its market value will reach $.1 or even $1. But all my expectation is not holding water as the market trend is still against me. Please anyone with the analysis/knowledge on when will SHIBA INU will hit $1? Or it's value will never reach such amount because of its total supply.

Haha, well, I don't want use the word, impossible, but for Shiba to ever reach 1$ is highly difficult, even dogecoin with far lesser supply is having a really hard time reaching the 1$ mark, alot of people expected that by now, dogecoin would have crossed 1$ but this have not happened yet even with the huge community following it, how were you expecting Shiba inu of yesterday to jump to 1$ in this short time with its hundreds of trillions in coin supply? You probably invested in the project without a proper research.
My advice to you is to wait for the project to properly develop, hopefully, 1 Shiba inu will reach 1$ if the project interests alot of people, but mind you, you are going to wait a very long time for this to happen, and this is if it will ever happen, but on the other hand, if you aren't patient enough to wait, then sell when ever you are comfortable with what ever amount of profit you've made and look for some other look project to invest in.

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Quote from: Bagaji on May 31, 2021, 02:04:08 PM

The hip as at the time that SHIBA INU was lounch in Binance was what makes me to invest in the coin with the hope that in no distance time its market value will reach $.1 or even $1. But all my expectation is not holding water as the market trend is still against me. Please anyone with the analysis/knowledge on when will SHIBA INU will hit $1? Or it's value will never reach such amount because of its total supply.

anything can happen in the crypto world, Doge? look!
even though Doge has a large supply and the price of Doge can reach more than $ 0.5, and will go to $ 1,
of course for SHIBA I am also sure in the future the price could be $ 0.1 or maybe it could reach $ 1,
yes it looks crazy, but this is the crypto world mate!.

ampu

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DOGE has never reached $1 so we shouldn't have high hopes on SHIBA as it will never do.

If now the project plans to charge per transaction and burn them. Over time the amount of SHIBA will decrease if the number of transactions increases over time. With the current SHIBA supply, it could take a long time to get the token's value to $1.

fb1t

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Some of you are considering SHIB as a long term investment.

I'm not sure. In 1 year, when the meme coin hype is over, these coins might be almost worthless.

Yes, the Doge took a long time until it exploded. But I consider this kind of coincidence. I don't think the Doge people have been predicting 'yeah, in some years there will be a meme coin hype, blasted by Elon Musk, and we are in!'.

I also don't think the meme coin hype will repeat in exactly the same way. There will be other coin type hypes for sure, but the most tricky thing for a long term investor is to find out what kind of hype it might be...

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Quote from: Bagaji on May 31, 2021, 02:04:08 PM

The hip as at the time that SHIBA INU was lounch in Binance was what makes me to invest in the coin with the hope that in no distance time its market value will reach $.1 or even $1. But all my expectation is not holding water as the market trend is still against me. Please anyone with the analysis/knowledge on when will SHIBA INU will hit $1? Or it's value will never reach such amount because of its total supply.

5 years from now? or maybe 10?

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

Is this the sign of going to reach 1a 1 dollar value ? knowing that it does not evel touched a 1 cent ?

This is a exaggerating expectation for now, but of course i know that there will be some that will come in right time.

blackened515

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SHIBA INU will take a lot of time to reach that price, how long has it took doge to reach closer to $1and do you know doge coin reached that height because of Elon musk, who's that influencer behind Shiba inu, all of these meme coins out perform best under the influence of an influencer

ancafe

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Quote from: traderethereum on June 01, 2021, 11:20:49 PM

If you believe Shiba Inu can reach $1 in the future, you should hold it for a long time like what the other people hold their Dogecoin.
You can see how long those investors hold their Dogecoin from a long time ago and suddenly, the price increases so high.
We do not know what will happen to Shiba Inu, but anything can happen in the crypto world.
You can invest in Shiba Inu, but only with the money, you can afford to lose and never regret after investing in that coin.
We can only give a suggestion, but the final decision will be yours.

maybe, just in case, maybe we need to have a few hundred thousand, or million for this coin. we do not know whether the potential of this coin is the same as Doge or not. however, in the future, we don't know who will invest in this coin. well, after seeing Doge, it looks like coins like this look like a gold mine for the future.

ahsanif

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your question makes another question appear

i mean it doesn't make sense if SHIB reaches $1, you can see FDMC on CMC and compare with bitcoin. it's not that i'm pessimistic but what should be asked is whether the next 5-10 years SHIB still exists to survive

el kaka22

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You guys realize that in order for shiba inu to reach 1 dollars it needs to do a 119000x right? That is 199 thousand, it needs to not just double, not triple, not even 10x or 100x or even 1000x, it needs 119000x in order to reach that.

I mean I am not saying anything is impossible in crypto world but I think that is as close to impossible as it could potentially get, that is why I wouldn't hold my breath. Sure if you want to invest into shiba go ahead and do it, I would never invest into those meme coins but I am not against anyone else doing it, however if you know what you are doing then just make sure you are there for normal expectations, like having 10x would be awesome, focus on those type of stuff, not 1 dollars, because that is not going to happen . I would say if it ever reaches 0.0001 that would be a HUGE deal for shiba, like the max I could even imagine.

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Quote from: matico on June 01, 2021, 11:09:13 PM

What happened to doge have taught me a great lesson about Cryptocurrency! You can never tell what could happen next! Shiba inu in future might get to one dollar or cease to exist altogether! The fundermental is however very important to pay attention to! The longer a project exist, the more valuable it becomes. Money will run after value at every given time!

not a great lesson about cryptocurrency but a great lesson about meme coin, big difference there. most of the crypto that have real product gonna stay for a long time and gonna grow because the development that gets better overtime
pump and dump coins on the other hand come and go, history speaks itself, most of pump and dump coin gonna left unrecognized within 4 years, but of course there's an exception for a coin like doge thats endorsed by person like elon.

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Quote from: Bagaji on May 31, 2021, 02:04:08 PM

But all my expectation is not holding water as the market trend is still against me. Please anyone with the analysis/knowledge on when will SHIBA INU will hit $1? Or it's value will never reach such amount because of its total supply.

No matter what you do, it is considered a meme coin. And like the main meme coin, DOGE, it will probably take many years to take its hype. Doge was created in December 2013 and it took 8 years to ramp up to what it is today. For so long, it has been trading lower than what the price is, and expect that to happen with SHIBA INU. So knowing that you have that 8 years gap and it took a catalyst, Elon Musk, to propel the price.

Do you expect that to happen with Shiba Inu as well?

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Quote from: azhariejaya on June 01, 2021, 12:13:26 PM

Quote from: Chato1977 on June 01, 2021, 08:42:26 AM

If yes then 1$? maybe in 10 years time

Even for ten years, it seems impossible for Shiba to touch the price of $1. If I'm not mistaken, the dev team only plans to pursue the target price of $0.1. For me, $0.1 also feels unrealistic to be achieved in a few years, except maybe there is a burn to reduce total supply and the project that continues to grow.

even $0.01 is already too excessive, shiba can't be compared to doge price wise because the total supply
that shiba has set since beginning is too high compared to doge and this coind doesn't even have its own mainnet,
the only logical scenario for this to happen is when the total supply reduced significantly even after buterin decide to burn the
token in his wallet, the circulating supply is still too many, people keep saying they gonna get rich from it when the price reach that
high but no one with right mind gonna buy it at that price.

traderethereum

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If you believe Shiba Inu can reach $1 in the future, you should hold it for a long time like what the other people hold their Dogecoin.
You can see how long those investors hold their Dogecoin from a long time ago and suddenly, the price increases so high.
We do not know what will happen to Shiba Inu, but anything can happen in the crypto world.
You can invest in Shiba Inu, but only with the money, you can afford to lose and never regret after investing in that coin.
We can only give a suggestion, but the final decision will be yours.

matico

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What happened to doge have taught me a great lesson about Cryptocurrency! You can never tell what could happen next! Shiba inu in future might get to one dollar or cease to exist altogether! The fundermental is however very important to pay attention to! The longer a project exist, the more valuable it becomes. Money will run after value at every given time!

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Quote from: Chato1977 on June 01, 2021, 08:42:26 AM

Is this the Shitcoin that you are asking

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

If yes then 1$? maybe in 10 years time

Look at this price $0.000008665
do you think this can make a multiple folds any time soon?

10 years? it,s not necessary. don't give hope too much. that coin hasn't a good the fundamental on market. It's just like Doge (Shiba Dog) FOMO, inu is Japanese language = dog. So, Shiba need too much immolation such as Vitalic did - https://etherscan.io/tx/0x125714bb4db48757007fff2671b37637bbfd6d47b3a4757ebbd0c5222984f905
when need higher price we don't know who can do as vitalic did in future?.

ivankoh

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Shiba INU, Safemoon, is often asked what it will get from $0.10 or $1. These coins are like Doge, there will be more tweets and hype

) At some point they will realize for themselves what these bloodsuckers are going for! That's also the fun that Cryptospace has always created.

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Quote from: Chato1977 on June 01, 2021, 08:42:26 AM

If yes then 1$? maybe in 10 years time

Even for ten years, it seems impossible for Shiba to touch the price of $1. If I'm not mistaken, the dev team only plans to pursue the target price of $0.1. For me, $0.1 also feels unrealistic to be achieved in a few years, except maybe there is a burn to reduce total supply and the project that continues to grow.

Botnake

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It won't reach $1, I will not make further research regarding the project, but looking at the supply, you can already tell that it needs to be successful big time in order to reach that price, even Elon Musk can't help that.

Quote from: kolonel_x on June 01, 2021, 10:25:35 AM

For now, I think don't expect too much towards $1.

Even in the future I believe.

kolonel_x

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For now, I think don't expect too much towards $1. it may take time and a long process to reach the target that has been set by the FUD spreaders so that they invest in Shiba. We believe that maybe that will really happen, but not at a time when the market is in the current state. maybe if there were 2 people like Elon and plunging into Shiba it would make it easier to get to $ 1, or even more.

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