Will Shiba inu get to $1 - page 19. | Bitcointalksearch.org

Silberman

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

This is one of those things that will not happen, at least with the economy on its current state, this will require almost a 91000x growth for Shiba and it will have a market cap of 627 trillion dollars, the whole market of cryptocurrencies is barely above one trillion at the moment so I hope this helps you to realize how difficult it is for such a thing to happen, still despite how unlikely this is I believe this is a question that is probably going to be asked a lot during the next years.

Bazzu

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looks like the shiba inu will be tough any time soon for a dollar,
but in my opinion shiba inu has good potential for the future, but what is certain is that it will be difficult to go to 1 dollar, but of course no one can predict the price of shiba inu for the future.
but i said shiba inu has a good future because i saw the ranking of shiba inu in cmc.

Psynthax

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it's like asking for fortune telling, no one knows if meme coin like shiba could ever reach that mark, for all I know meme coins always have 50:50 chance of either rising or just become dead coins, I think shiba with community that's large enough could at least get back to its standing like before bearish when bullrun finally comes, but the thing is, we don't know for sure if coin with no utilities like shiba could ever getting its former glory, I'd say we didn't even have idea whether meme coin trend would still going in the future.

poodle63

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Quote from: solehdavid on January 31, 2023, 02:40:56 PM

When you look at the current value of shiba inu, if it were to reach a dollar, it would be a rise like we've never seen before. I think it's almost impossible. but you never know what's going to happen tomorrow. but it's certainly not going to happen in the short term.

even long term it would be difficult, because the market capitalization simply would surpass even the number 1 coin that is btc if this coin is gonna reach that much of price increase. the money needs to come from somewhere and I don't think shiba will ever reach that much value.
even though we know that sometimes meme coin could do things that's considered difficult for ordinary coin, but I think this one simply not gonna be happening.

Yatsan

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Been asked inside and outside this forum multiple times. Shiba Inu has the potential to atleast recover half of its market ATH but no one would be certain of it simply because of its utility issues. Its market price is solely dependent with demand which would make sense to say that its price won't be back to its previous ATH if majority won't want to. This is the downside of meme tokens and other tokens without utility. Tokens with good utility will atleast be able to endure bearish market simply because there will still be a demand to platforms wherein that particular token is being used. So if it is a broad potential, then ofcourse it has. But if opinionated chances, I really doubt. Maybe waiting for the next bullrun will be the key.

Hypnosis00

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

In order for this project to increase its price, they have to cut its total supply as other projects did. But if they do nothing, we can never expect to reach it at $1, even $0.1 is still impossible.

I won't say it was not a good project to invest but remember it was a meme coin - you already know the consequences it brings you back if you invest in them. I'd rather invest in Solana as I could feel confident with this project than risking to Shiba Inu. I can't afford to put something in which I have no trust and the question OP if you have?

uneng

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Quote from: eaLiTy on January 31, 2023, 02:12:33 PM

Quote from: uneng on January 31, 2023, 12:04:05 PM

~
It's a kind of centralization crypto investors used to avoid on the early years of this industry, but now they are blind for SHIB, maybe due to the incessantly advertisements and talks about it on social medias, especially Twitter and Telegram groups.

Majority of the alts falls under this category, developers and their promoters will be holding majority of the coins created out of thin air and they will rally as long as they are keeping their advertisement in social media active, literally selling snake oil disguised as a cryptocurrency Cheesy

. These sort of topics would pop for Dogecoin in the past and now for Shiba is just laughable.

True, and there are people who still don't understand why Bitcoin is the king of crypto universe and none altcoins have enough potential to overcome it. The fact developers hold the largest portion of their creations, make Bitcoin even more unique and valuable. And although Satoshi is also believed to hold about 1.1 million bitcoins (I believe that is just a theory, though), something around 5% of total supply, those coins are likely to be never moved around for speculative or personal gains' purposes.

solehdavid

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When you look at the current value of shiba inu, if it were to reach a dollar, it would be a rise like we've never seen before. I think it's almost impossible. but you never know what's going to happen tomorrow. but it's certainly not going to happen in the short term.

eaLiTy

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Quote from: uneng on January 31, 2023, 12:04:05 PM

~
It's a kind of centralization crypto investors used to avoid on the early years of this industry, but now they are blind for SHIB, maybe due to the incessantly advertisements and talks about it on social medias, especially Twitter and Telegram groups.

Majority of the alts falls under this category, developers and their promoters will be holding majority of the coins created out of thin air and they will rally as long as they are keeping their advertisement in social media active, literally selling snake oil disguised as a cryptocurrency Cheesy

. These sort of topics would pop for Dogecoin in the past and now for Shiba is just laughable.

uneng

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Quote from: inthelongrun on January 31, 2023, 11:55:28 AM

I also keep hearing about this Shiba Inu. It is becoming very popular and the developers probably have deep pockets as they are sponsoring some ads. But the answer to the question is a big NO. But maybe it happens in the next 100 years or so. Don't get misled by its price of $0.00001188 because it also has an abundant supply that brings the whole market capitalization to around $7 billion. Shiba Inu is already ranked 15 as the most valuable cryptocurrency which means it is already expensive and its room for growth in the next bull run is limited.

I believe SHIB is still top 15 in crypto market, because it's under strong manipulation by whales. I've seen some news telling a SHIB whale has moved almost 30$ million of dollars in SHIB in a single transaction recently. That is almost 10% of total volume on the hands of a single investor.

It really doesn't worth to be part of an investment which concentrates so much influence power for few individuals. It's a kind of centralization crypto investors used to avoid on the early years of this industry, but now they are blind for SHIB, maybe due to the incessantly advertisements and talks about it on social medias, especially Twitter and Telegram groups.

inthelongrun

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I also keep hearing about this Shiba Inu. It is becoming very popular and the developers probably have deep pockets as they are sponsoring some ads. But the answer to the question is a big NO. But maybe it happens in the next 100 years or so. Don't get misled by its price of $0.00001188 because it also has an abundant supply that brings the whole market capitalization to around $7 billion. Shiba Inu is already ranked 15 as the most valuable cryptocurrency which means it is already expensive and its room for growth in the next bull run is limited.

Nrcewker

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

I don’t think so. I mean these are only the coins used by the sharks to manipulate the market. They don’t have their own identity and always acts when force is applied. I would rather invest in new coin than in Shiba Inu. This coin act only as a puppet, like Elon Musk did with Dogecoin. So yes if you still thinking that you will get some profit from it in the next few years, then I would suggest you to drop the idea. Sell all these shit shiba coins and invest the funds in something sustainable. Currently BTC looks in great shape.

isaac_clarke22

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

~

Bruh, that's a lot of decimal places I can see in price and $1 would be like impossible af. Considering its ATH was even around $0.000032, I would not even dream $0.001 at any day.
You could be right that nothing is impossible, but that does not mean that every possibility is realistic enough to be possible.

The project is still good to invest in? You should consider any other coins that are not for memes, OP or........just go with Bitcoin.

mdzahed134

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

If you will make a calculation about Shiba Inu tokonomics then you will never expected it will hit 1$ in the next bull run or after years but i can say undoubtedly Shiba will neve ever to reach 1$ because of it’s token circulation is pretty high, Shiba total supply over 500 trillion that means only Shiba market will be trillions dollar it’s absolutely impossible.

maydna

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

I'm not sure a Shiba Inu can get to $1, and the odds are tough, given the current price is still way off. But if there is a big pump in the future, it may happen and become a reality. And it will be an extraordinary gift for all Shiba Inu holders who have been waiting for such a moment.

Maybe Shiba Inu is still a good project for your second investment, but you must see and join the community to find out what the team and developers are planning. And if you see that Shiba's opportunity to improve is still wide open, you can invest in Shiba but only use the money you can afford so it won't exceed your budget.

LogitechMouse

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Quote from: Eniolami on January 29, 2023, 05:52:31 PM

Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

Let's make a quick math base on the current market cap of Bitcoin and Shiba Inu.
The ratio of the current market cap of Shiba Inu to current market cap of Bitcoin is 1:63.8

To simplify it, it will never happen. Nothing is impossible I will agree, but I don't think that it will happen. The reasonable price that it can reach is at around $0.01. DOGE did it already. As for SHIB, if there will be a huge community behind it then it's possible to reach 1 cent but not 1$. It will never happen.

bitcoinmoney2021

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Not. That will never happen. shiba inu is just an unlimited supply of meme coins. it's different if you invest in meme coins like DOGE then there is a possibility that the price of doge coin will reach $ 1 in the future. make sure you think twice before wishing or investing in meme coins (SHIBA INU).

CryptocurrencyJunction

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Shiba Inu will be more appealing than ever to small investors in a volatile market because it is a high-quality but affordable cryptocurrency. The idea that cryptocurrencies are here to stay will also be widely accepted. The demand for SHIB will probably increase significantly as a result of this. Shiba Inu could reach US$1 by 2030. Cool

Prince Malik

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If you are an amateur in crypto you should immediately learn about market cap and how it calculated, if SHIB will pump to 1$ it will simply overtake all crypto and stock together and that's surely impossible, my personal opinion on SHIB is that it's just a memcon that not have any future in the crypto industry

poodle63

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shiba will never reach that much of value even after decades, let's be real here the circulating supplies is simply too much, if you think money that's gonna be used for pumping going to magically coming out of nowhere then I guess you should wake up, increasing coin's price needs tremendous capital and shiba inu will more likely never gonna reach that much of market valuation.

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