Will Shiba inu get to $1 - page 3. | Bitcointalksearch.org

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: mich on September 23, 2024, 01:19:58 AM

Well for that to happen there needs to be a big event for all hodlers of the token. And with ShibaCon going to happen before end of this year well maybe we will see a price closer to that.
I do think $1 is just too 'bullish' for me. Shiba Inu’s ShibaCon is coming to Bangkok, Thailand on November 10. It is the same time that DevCon 2024 also will take place in that city.
https://thecryptobasic.com/2024/08/16/shiba-inu-lead-laments-surge-in-shadowcats-as-shibacon-nears/

I think that will happen even when there is a big investor or a big event. Seeing that there are quite a lot of coin allocations, and the price is really far from $1, making it very vulnerable to drop when the price goes up. Even when most people try to hold this coin, some of them might see that condition to take advantage. The current price in CMC is $0.0000168, and I think even when the price goes up to the $0.0001 range, many people will rush to sell it, and make the price go down again. Well, right now, I don't think there is any potential for SHIBA to reach $1.

wheelz1200

legendary

Activity: 3780

Merit: 1418

Quote from: Abiky on September 23, 2024, 07:57:06 PM

Quote from: Ludmilla_rose1995 on September 22, 2024, 01:32:45 PM

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

What if the USD goes through "hyperinflation" in the future? We can't ignore this possibility. Especially when the US national debt keeps rising at an alarming rate. Soon, worthless "meme" coins like SHIBA and DOGE will go past $1. But for what use? By the time that happens, prices for goods and/or services will be 10x higher than that. So you will basically have nothing. Even though it'll feel like you have something.

People are too greedy to realize "meme" coins aren't worth the long-term investment. They get into them out of excitement (hype). Shiba Inu was created after Dogecoin's surge in price a few years ago (2021 to be exact). I don't think it will be as successful as the original project. It's only been 3 years since SHIBA's inception, and people are now focused on other "meme" coins (particularly those living on the Solana blockchain). It won't be long before Shiba Inu fades away into oblivion. Why not choose Bitcoin instead? Cheesy

I don't even think in a world of hyperinflation to the US dollar would we ever see a $1 shib price. If US dollar got that put of control the world economy would suffer and drag everything down with it. People wouldn't be sinking theor devaluing dollars in things like shib, maybe bitcoin but not shib. Too many coins now for everything to pop like that.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: NicNacCoin on September 23, 2024, 06:54:02 PM

Quote from: FortuneFollower on September 22, 2024, 01:39:43 PM

Quote from: Ludmilla_rose1995 on September 22, 2024, 01:32:45 PM

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?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task Grin

Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

shiba inu coin is not possible to reach 1 dollar. But yes shiba inu coin value and reach 1 dollar should be possible but must burn above 50 percent to 70% token. Also there is a lot of doubt that burning tokens may not reach one dollar because there are many good coins in the market now people don't want to trust old coins too much.

Yeah, and as Abiky said, it will be worthless by that time.
It's better yet to invest into something that would live through the harsh time - BTC or reliable alts.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: Ludmilla_rose1995 on September 22, 2024, 01:32:45 PM

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

What if the USD goes through "hyperinflation" in the future? We can't ignore this possibility. Especially when the US national debt keeps rising at an alarming rate. Soon, worthless "meme" coins like SHIBA and DOGE will go past $1. But for what use? By the time that happens, prices for goods and/or services will be 10x higher than that. So you will basically have nothing. Even though it'll feel like you have something.

People are too greedy to realize "meme" coins aren't worth the long-term investment. They get into them out of excitement (hype). Shiba Inu was created after Dogecoin's surge in price a few years ago (2021 to be exact). I don't think it will be as successful as the original project. It's only been 3 years since SHIBA's inception, and people are now focused on other "meme" coins (particularly those living on the Solana blockchain). It won't be long before Shiba Inu fades away into oblivion. Why not choose Bitcoin instead? Cheesy

NicNacCoin

sr. member

Activity: 1386

Merit: 451

Quote from: FortuneFollower on September 22, 2024, 01:39:43 PM

Quote from: Ludmilla_rose1995 on September 22, 2024, 01:32:45 PM

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?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task Grin

Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

shiba inu coin is not possible to reach 1 dollar. But yes shiba inu coin value and reach 1 dollar should be possible but must burn above 50 percent to 70% token. Also there is a lot of doubt that burning tokens may not reach one dollar because there are many good coins in the market now people don't want to trust old coins too much.

X-ray

hero member

Activity: 3094

Merit: 537

Leading Crypto Sports Betting & Casino Platform

Quote from: FortuneFollower on September 22, 2024, 01:39:43 PM

Quote from: Ludmilla_rose1995 on September 22, 2024, 01:32:45 PM

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?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task Grin

Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

I'd bet that the possibility of NEIRO reaching shiba inu market cap is higher than the chance of shiba inu burning the 70% of its total supply Grin

.
people need to figure out that when coin like shiba inu is reaching this stage where the coin is so famous that the number of holder is reaching 1.4 million based on onchain wallet (disregarding exchange hot wallet most likely) and 40% of total supply is already burned and sent to null address, 70% total supply burning is nothing but a fleeting dream Grin

.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Well for that to happen there needs to be a big event for all hodlers of the token. And with ShibaCon going to happen before end of this year well maybe we will see a price closer to that.
I do think $1 is just too 'bullish' for me. Shiba Inu’s ShibaCon is coming to Bangkok, Thailand on November 10. It is the same time that DevCon 2024 also will take place in that city.
https://thecryptobasic.com/2024/08/16/shiba-inu-lead-laments-surge-in-shadowcats-as-shibacon-nears/

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: Ludmilla_rose1995 on September 22, 2024, 01:32:45 PM

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?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task Grin

Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

Ludmilla_rose1995

full member

Activity: 1680

Merit: 169

Buzz App - Spin wheel, farm rewards

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?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

FinePoine0

full member

Activity: 476

Merit: 141

The Shiba Inu coin is still in a very low price range, so it will still have a few years to go before it hits the all-time high of one dollar. And better updates should be added to Shiba Inu platform so that investors are attracted and invest more towards this platform. And if we have to wait for one to two halvings then I think it is possible for the Shiba Inu coin to be worth one dollar.

betswift

copper member

Activity: 280

Merit: 5

Quote from: wheelz1200 on September 10, 2024, 06:39:11 PM

Quote from: shinratensei_ on September 03, 2024, 09:42:50 PM

Quote from: wheelz1200 on August 23, 2024, 05:06:58 PM

Short selling or even going long on any memecoin is straight bananas. When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick. I wouldn't recommend margin for any altcoins. Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Even if you use a small amount of your position it is still wildly insane to buy or sell coins on margin. The possible yoyo of pricing will eventually margin call you and at the bare minimum make ypu exit at the wrong point. There is just not enough stability in meme pricing to be able to successfully margin trade them over the long term.

I agree. It's unwise to go into such positions without the proper analysis, or better yet an analysis from the whole team backing your decisions up at that point.
Otherwise, it may end really badly pretty fast.
That's my opinion, of course.

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: betswift on September 04, 2024, 12:51:08 AM

Quote from: shinratensei_ on September 03, 2024, 09:42:50 PM

Quote from: wheelz1200 on August 23, 2024, 05:06:58 PM

Short selling or even going long on any memecoin is straight bananas. When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick. I wouldn't recommend margin for any altcoins. Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Agreed, volatility kills it, and the volatility of memes with the margin - god, a roller coaster of emotions Grin

It can end up in one moment, and your funds - gone.
The risk is too high to even try that if you've got the funds, in my opinion.
Or for fun, meaning no big profit from it.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: wheelz1200 on September 10, 2024, 06:39:11 PM

Quote from: shinratensei_ on September 03, 2024, 09:42:50 PM

Quote from: wheelz1200 on August 23, 2024, 05:06:58 PM

Short selling or even going long on any memecoin is straight bananas. When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick. I wouldn't recommend margin for any altcoins. Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Even if you use a small amount of your position it is still wildly insane to buy or sell coins on margin. The possible yoyo of pricing will eventually margin call you and at the bare minimum make ypu exit at the wrong point. There is just not enough stability in meme pricing to be able to successfully margin trade them over the long term.

I am with you here.
The possibility of flying out of the deal with such coins is just too insane to consider it.
It's a literal one-way ticket Grin

wheelz1200

legendary

Activity: 3780

Merit: 1418

Quote from: shinratensei_ on September 03, 2024, 09:42:50 PM

Quote from: wheelz1200 on August 23, 2024, 05:06:58 PM

Short selling or even going long on any memecoin is straight bananas. When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick. I wouldn't recommend margin for any altcoins. Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Even if you use a small amount of your position it is still wildly insane to buy or sell coins on margin. The possible yoyo of pricing will eventually margin call you and at the bare minimum make ypu exit at the wrong point. There is just not enough stability in meme pricing to be able to successfully margin trade them over the long term.

betswift

copper member

Activity: 280

Merit: 5

Quote from: shinratensei_ on September 03, 2024, 09:42:50 PM

Quote from: wheelz1200 on August 23, 2024, 05:06:58 PM

Short selling or even going long on any memecoin is straight bananas. When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick. I wouldn't recommend margin for any altcoins. Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Agreed, volatility kills it, and the volatility of memes with the margin - god, a roller coaster of emotions Grin

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: wheelz1200 on August 23, 2024, 05:06:58 PM

Short selling or even going long on any memecoin is straight bananas. When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick. I wouldn't recommend margin for any altcoins. Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: FinePoine0 on August 27, 2024, 08:37:59 AM

I speak from my perspective because I don't think it's possible for a Shiba Inu coin to ever be worth a dollar. Because there are much better coins that have big investors, but Shiba Inu Coin has big holders who are very less willing to invest, and are willing to hold longer term but sell when the price rises. So if it wants to reach $1 in a few years then Bitcoin will need to be worth between 5 and 6 million.

Or the USD loses value significantly (hyperinflation) for "meme" coins like Shiba Inu and Dogecoin to reach $1. You'll become a millionaire, but what good will it make? The price of goods and/or services will be a lot higher than before. You'd need to become a "billionaire" to live a happy life. So SHIBA reaching $1 will not make any difference. True value comes from scarce assets with deflation in mind. Gold and Bitcoin would be the best choices to help protect yourself against inflation. But that's another subject.

I'd advise anyone to exercise extreme caution when buying and holding "meme" coins. Especially long-term. They're highly-volatile and unpredictable. Considering that other "meme" coins have taken the spotlight (BONK and WIF), we should expect SHIBA to die soon. It was good while it lasted, right? Cheesy

FinePoine0

full member

Activity: 476

Merit: 141

Quote from: gastrack on August 31, 2024, 12:01:14 PM

Basically put it IS Entirely unthinkable for shib to get to $1. Try not to compare doge and shib together they have altogether different stock numbers which controls the cost roof. I don't think this image token will endure like doge. however, anybody can contribute on this kind of token, yet ought to realize the dangers imply esp assuming you are dispensing something from such speculation.

I don't think it's possible for Shiba Inu coins to cost $1, because all the coins that are currently on the market are in much higher demand than Shiba Inu coins. As you can see Shiba Inu coins are very low in value and have spaces after a few zero digits. That's why I want to say that if Shiba Inu coins cost a dollar amount, then you must understand that the price of unique coins must skyrocket.

betswift

copper member

Activity: 280

Merit: 5

Quote from: TastyChillySauce00 on August 25, 2024, 08:56:04 PM

Quote from: betswift on August 22, 2024, 02:30:51 AM

It's only a long perspective, in my opinion, and no hight expectations intact.

even with long term perspective it's too unrealistic, since the market cap gonna be too high.
being bullish is okay as long as it still make a lot of sense. a meme coin reaching trillion dollar worth of valuation seems too overblown and I don't think anyone with good economic knowledge will find it normal.

if the meme coin collapse somehow with that much market capitalization, it will be a massive disaster, potentially driving many people homeless.

People with good economics intact wouldn't think about caps of memecoins as logical as a whole I think, but, you are right Grin

That would be like a Tsunami of sorts.

gastrack

newbie

Activity: 28

Merit: 0

Basically put it IS Entirely unthinkable for shib to get to $1. Try not to compare doge and shib together they have altogether different stock numbers which controls the cost roof. I don't think this image token will endure like doge. however, anybody can contribute on this kind of token, yet ought to realize the dangers imply esp assuming you are dispensing something from such speculation.

Topic: Will Shiba inu get to $1 - page 3. (Read 4348 times)