Why shiba inu not come 1$ - page 2. | Bitcointalksearch.org

Doell

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Quote from: kevindjunaidi on October 22, 2021, 06:05:25 PM

Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

my advice you have to think realistic, because it is impossible for the price of shiba inu to reach $1 with the supply and the current market cap, so I don't think you should expect too much if the price of shiba inu can reach $1 in the near future, because it would definitely be very difficult to happen or even impossible ($1 is a very high price for shiba inu price).

in the near or long term shiba inu will not reach the price of 1 dollar ,although there is a lot of support in some other industries and current price also driven push by ethereum chain but there is no real source development yet the future will look bleak

Fredomago

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Quote from: Mahanton on October 22, 2021, 06:54:48 PM

Quote from: kevindjunaidi on October 22, 2021, 06:05:25 PM

Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

my advice you have to think realistic, because it is impossible for the price of shiba inu to reach $1 with the supply and the current market cap, so I don't think you should expect too much if the price of shiba inu can reach $1 in the near future, because it would definitely be very difficult to happen or even impossible ($1 is a very high price for shiba inu price).

Dont know on why there are people who do really presume that the price would be one buck considering the overall supply of SHIB which does have total supply of 1,000,000,000,000,000
Then who do heck would be talking about a dollar price? Total cap of quadrillion? I dont think for it to happen.
In that case it would have surpassed bitcoin? Do we really think that a meme coin could able to beat the ass up of Bitcoin? Even in my dreams it wont be possible.

That's fact investors who will continue to hope that this meme asset will gain that value will soon realize that instead of partying they will end up regretting, is more on being realistic when you are riding with a particular project,. Having a good 10 fold of your invested money is not bad and for those early holders before the ride happens, they gain more.

Keep in mind that the value of this coin will continue to rely on those big bag holders who know and understand how to take profits
before playing again in the market.

aylabadia05

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Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

For now it may not be at that price and it is possible that the Shiba Inu will reach a price of $ 1 if its growth continues to be in good condition even though many people think that the Shiba Inu is a token meme that only lasts for a moment. In my opinion, the Shiba Inu supply is quite a lot, namely 394,796,000,000,000 SHIB.

Mahanton

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Quote from: kevindjunaidi on October 22, 2021, 06:05:25 PM

Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

my advice you have to think realistic, because it is impossible for the price of shiba inu to reach $1 with the supply and the current market cap, so I don't think you should expect too much if the price of shiba inu can reach $1 in the near future, because it would definitely be very difficult to happen or even impossible ($1 is a very high price for shiba inu price).

Dont know on why there are people who do really presume that the price would be one buck considering the overall supply of SHIB which does have total supply of 1,000,000,000,000,000
Then who do heck would be talking about a dollar price? Total cap of quadrillion? I dont think for it to happen.
In that case it would have surpassed bitcoin? Do we really think that a meme coin could able to beat the ass up of Bitcoin? Even in my dreams it wont be possible.

kevindjunaidi

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Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

my advice you have to think realistic, because it is impossible for the price of shiba inu to reach $1 with the supply and the current market cap, so I don't think you should expect too much if the price of shiba inu can reach $1 in the near future, because it would definitely be very difficult to happen or even impossible ($1 is a very high price for shiba inu price).

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Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

because it is not appropriate for the price of shiba inu to reach $1, therefore until now the price of shiba inu has not reached $1 and although i'm not a meme coin lover, but I prefer Dogecoin rather than shiba inu, therefore before the price of shiba inu reaches $1, then of course the price of Dogecoin will reach $1 before shiba inu.

henmark

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Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

Yeah, with that kind of massive supply, you cannot expect it to be appreciating all the times. It may show you some pump at some time and then it will get dumped for sure. Even its circulating supply is on lower side now, we cannot expect its devs to be cashing out their early stash.

So, I am not even expecting it to be valuing anything around 1 cent also. We must need billionaires and strong believers to keep shiba inu prices to be sustaining and only after considerable time period of sustaining alone, we could expect it to get into $1 levels. Hence, as of now I guess just staying away will be a good decision.

Nasuhalugu

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Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

Because Shiba Inu is one of the meme tokens, it is difficult to reach the price of $1 and the Shiba Inu trend is currently down and there is hope that it will return to the bottom price after experiencing a tremendous increase some time ago.
Let alone reaching $1, $0,00008 is difficult for Shiba Inu in my opinion.

Apyminer

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Quote from: layoutph on October 20, 2021, 02:05:59 AM

I just watched a Youtube video from a crypto influencer and analyst that tells Shiba inu cannot reach or impossible to reach $1. Just take a look of its coinmarketcap. Unless all people in the world will invest in Shiba, Shiba cannot reach $1 usd. That price is too far and needs a very huge volume.

Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

I don't see shib rising at even 1 cent of a usd.

But those forecasts aren't taking into account that:
1- the coin has now a bunch of tools to be used and adopted mainstream.
2- there are multiple rounds of massive burn of shib on the way

Without those 2 factors I'd agree that shib would be like any other meme token. But it's not the case so... W8 and see...

OTOH I think we should morz all take a closer look at what's happening with the digitilized assets that the banks will deliver more than what is going on with doge/shib/cake monster

layoutph

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I just watched a Youtube video from a crypto influencer and analyst that tells Shiba inu cannot reach or impossible to reach $1. Just take a look of its coinmarketcap. Unless all people in the world will invest in Shiba, Shiba cannot reach $1 usd. That price is too far and needs a very huge volume.

Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

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Quote from: CutePanda on October 19, 2021, 04:18:30 PM

in my opinion, it's only a matter of time, the shiba inu will continue to soar as long as it's still pumped, it's only a matter of time for the shiba inu to reach $1, it still takes a long time for SHIB to reach $1

Surely it's not matter of time because right now its price is very low and if its want to reach at this $1 then surely its need some good and strong community back up and then some better use case after reading few blogs and columns I am feeling it's really difficult to give any perfect prediction about this because surely it's a meme coin and future is also not secure what happen in next day no one can predict so if its community give very strong use cast and have good faith then we can say it's going to touch $1 price in nearly 2024 or in 2023 because right now trend is very low and mostly peoples scare with this.

Hyper's saying this is backed by Elon Musk, and he can be dumb this any time for his own sack, which is also a massive issue with this all.

Apyminer

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It's clear to me that Shib is far from reaching 1 penny.

But the 0.001 is reachable.

To those of you who thinks that shib is just a doge/cake monster meme coin I'd like to point out that Shib unlike those 2 aforementionned même coins has an ecosystem.

With gas and gouvernance coins (leash and bone), the shibaswap, the ability to buy shib on ATMs, the sdk to pay on shopify and websites with shib, and Vitalik as the main developer on the project...

So shib is way more than just E. Musk tweets. Shib is already far beyond Doge in term of ecosystem and as a whole project.

I'm not a shib advocate, I just read the whole picture around this meme token against the other ones. Shib has the potential and tools to make the coin adopted mainstream.

Mahanton

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Quote from: adzino on October 19, 2021, 04:44:24 PM

Look at the total token supply and then see what the market capitalization will be if the token reaches $1. It is going to be very huge. So huge that it will take over bitcoin, which will never be happening. The coin has value because of the community. They are all buying and holding, hoping that the price will go very high. The coin has nothing new to offer. Once the hype is over, the price will drop.

Quote from: rodskee on October 17, 2021, 04:56:04 AM

Because this is a shitcoin that is only used by Elon Musk to manipulate market for His own benefits , he keeps Pumping this coin to gather noob investors and then will dump the value.
-snip-

Shiba Inu isn't manipulated by Elon Musk... Where did you read that he is pumping and dumping the coin?

He might had presumed just because Elon Musk had able to hype up DOGE which is also a meme coin and on the time comes that SHIB did make out some significant rise then people do end up
on having the same impressions that he might be also the one who had been pumping this meme coin but there's no really proof for that one.I had already sell out my SHIB on the time
where the community is mainly talking about it and make out some serious profits and now the price had corrected then i dont see the possibility on reaching
1 buck.It is way too far off.

TimeTeller

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Quote from: Valak on October 19, 2021, 04:51:39 PM

Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

The main reason may be due to high supply. In addition, Shiba is a meme token, although the current price movement is quite good, investors still doubt the future potential of the token. Shiba hasn't gone through the crypto crisis, he's here in the bull run.

Many are doubting its future because right now, what is the actual use case of this meme token?
They are lucky, binance listed this owed to its popularity.
However, how long they can sustain this popularity? Is there development going on with this meme token?
What will happen when meme hype is over? This is the reason why a lot of investors are not so sure about their future.

Valak

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Quote from: udayantha11 on July 28, 2021, 03:29:31 AM

Please explain, why shiba inu not come 1$ ? Total supply?

The main reason may be due to high supply. In addition, Shiba is a meme token, although the current price movement is quite good, investors still doubt the future potential of the token. Shiba hasn't gone through the crypto crisis, he's here in the bull run.

adzino

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Look at the total token supply and then see what the market capitalization will be if the token reaches $1. It is going to be very huge. So huge that it will take over bitcoin, which will never be happening. The coin has value because of the community. They are all buying and holding, hoping that the price will go very high. The coin has nothing new to offer. Once the hype is over, the price will drop.

Quote from: rodskee on October 17, 2021, 04:56:04 AM

Because this is a shitcoin that is only used by Elon Musk to manipulate market for His own benefits , he keeps Pumping this coin to gather noob investors and then will dump the value.
-snip-

Shiba Inu isn't manipulated by Elon Musk... Where did you read that he is pumping and dumping the coin?

CutePanda

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in my opinion, it's only a matter of time, the shiba inu will continue to soar as long as it's still pumped, it's only a matter of time for the shiba inu to reach $1, it still takes a long time for SHIB to reach $1

DOH!

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Lol, Shiba went up 400% in the day going on just based on a photo of a Shiba on a TEsla. This scenario really doesn't excite me. Although I prefer supporting Shiba over Doge. If Shiba continues to develop wider payment acceptance like Doge, I think the ability to compete with Doge for the king of meme coins is still a big hope for Shiba.
There will be no satisfactory explanation of 1$, meme coin is not a really powerful blockchain. It includes only amenities that can be provided for the need to accept it as recreational property.

LUCKMCFLY

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Shib has a very good vision, so far the price of SHIB wants to reach a higher level, however this short-term technical analysis seems interesting to me:

Quote

Despite the rise, SHIB remains trading in a wide channel between the support at 2,010 and 3,528 satoshis. The trading volume remains low, which means that traders are accumulating their power for a further sharp move. In terms of the nearest price projection, sideways trading is the more likely price action.

Source: https://u.today/btc-ada-shib-and-doge-price-analysis-for-october-19

This coin has risen by 3%, which is not bad at all, this coin has had many memes on the networks, and it seems to me that the growth it has is not bad, it could be capitalized in the long term.

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