Will Shiba inu get to $1 - page 5. | Bitcointalksearch.org

AlphaBoy

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Quote from: Abiky on August 02, 2024, 03:54:40 PM

Quote from: AlphaBoy on July 29, 2024, 11:31:39 PM

Shiba, WIF, DOGE, PEPE, BONK, BOME, BTT and any coin that has a circulating supply of more than 2 trillion will never ever reach 1 dollar, NEVER.
They might reach 1-10 cents but only when they burn 70-80% of it supply or when everyone sell there BTC and ETH and buy those coins instead.
so don't put any hope here and there of the one dollar line, it won't happen.

Hyperinflation will lead us there. Especially if the USD loses value big time. It's the only way worthless "meme" coins can go to $1. If you want to make big money, I'd suggest you invest in serious coins with a promising future. I'm talking about Bitcoin, Ethereum, and the likes.

People holding "meme" coins are living a "pipe dream" as they believe they'll get rich in an instant. But that's not the way the crypto market works. Making money with "meme" coins is only out of pure luck. They're nothing more but a gamble. When will people learn? Cheesy

Actually, 2024 was the meme coin year, but it's over now.
I made an astonishing 18% profit on those meme coins: BONK, Shiba, and Pepe.
But last month was horrible; even though every indicator showed an increase, the price kept decreasing, and now it's in a downtrend, so I pulled out.
Some people still believe that it will go up again, but the reality tells you that this won't happen at least for one more year. A meme coin reaching $1 is equivalent to saying copper will reach the price of silver; it won't happen even if USDT inflation strikes.

Abiky

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Quote from: AlphaBoy on July 29, 2024, 11:31:39 PM

Shiba, WIF, DOGE, PEPE, BONK, BOME, BTT and any coin that has a circulating supply of more than 2 trillion will never ever reach 1 dollar, NEVER.
They might reach 1-10 cents but only when they burn 70-80% of it supply or when everyone sell there BTC and ETH and buy those coins instead.
so don't put any hope here and there of the one dollar line, it won't happen.

Hyperinflation will lead us there. Especially if the USD loses value big time. It's the only way worthless "meme" coins can go to $1. If you want to make big money, I'd suggest you invest in serious coins with a promising future. I'm talking about Bitcoin, Ethereum, and the likes.

People holding "meme" coins are living a "pipe dream" as they believe they'll get rich in an instant. But that's not the way the crypto market works. Making money with "meme" coins is only out of pure luck. They're nothing more but a gamble. When will people learn? Cheesy

CoinFoxs

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It seems impossible to happen so stop seeing the dream of becoming a millionaire overnight. Choose other coins that have the potential to give a 10x jump. Invest only in the top 20 coins if you want to get some good profit.

AlphaBoy

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Shiba, WIF, DOGE, PEPE, BONK, BOME, BTT and any coin that has a circulating supply of more than 2 trillion will never ever reach 1 dollar, NEVER.
They might reach 1-10 cents but only when they burn 70-80% of it supply or when everyone sell there BTC and ETH and buy those coins instead.
so don't put any hope here and there of the one dollar line, it won't happen.

btc78

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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 closer to Impossible to happen mate ..

https://coinmarketcap.com/currencies/shiba-inu/ look about the price of the SHIB all these time ?

this will never happen(at least to never expect too much)

shinratensei_

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Quote from: Abiky on July 26, 2024, 05:49:16 AM

Exactly. People are only into "meme" coins because of the hype. They will invest in them, even if such coins are not meant to be held for a long time. The economics of "meme" coins alone, tells us they're nothing but "worthless junk". DOGE had its "lucky year" back in 2021 because of Elon Musk. But it's not doing so well lately.

Shiba Inu was created after Dogecoin "pumped" to almost $1. Coins like PEPE, Floki Inu, and BabyShibaInu came afterwards. And lets not forget about the recent ones such as BONK and WIF. Unless the USD (and similar currencies) lose value big time, don't expect Shiba Inu to go to $1 now nor in the future. Lets just buy and "hodl" BTC, and forget about the rest. Wink

the market of meme coin is becoming overly diluted too with money spread thin between the new meme coin and the old one making big increase for shiba inu and doge to be not most likely and the money just circulating around the newest meme coin because the volatility is huge trader seek to speculate from them more.

overall, I think shiba inu and doge will just stagnate with current price, even if BTC have another pump that could make it priced around $100k, most of the big meme coin will just keep stagnating.

dunfida

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Quote from: Abiky on July 26, 2024, 05:49:16 AM

Quote from: lixer on July 14, 2024, 01:31:52 PM

A lot of people tend to have unrealistic expectations from meme coins, they either don't have any knowledge about the market and know what meme coins are, or they deliberately refuse to see and accept the reality. No one with enough sanity would invest a large amount of money in a meme coin and keep holding it expecting they are going to get rich from this investment, I know some meme coins tend to provide people with huge profits, but that happens once in a blue moon and not every day.

So, such investors need to understand that they are basically wasting their money and their time by buying and holding meme coins, if you buy a meme coin, and get a small amount of profit from it, you should take it and exit the market before it's too late and your tokens start losing value.

Exactly. People are only into "meme" coins because of the hype. They will invest in them, even if such coins are not meant to be held for a long time. The economics of "meme" coins alone, tells us they're nothing but "worthless junk". DOGE had its "lucky year" back in 2021 because of Elon Musk. But it's not doing so well lately.

Shiba Inu was created after Dogecoin "pumped" to almost $1. Coins like PEPE, Floki Inu, and BabyShibaInu came afterwards. And lets not forget about the recent ones such as BONK and WIF. Unless the USD (and similar currencies) lose value big time, don't expect Shiba Inu to go to $1 now nor in the future. Lets just buy and "hodl" BTC, and forget about the rest. Wink

Even most of us experienced people or simply with those veterans of this market sees out meme coins to be shit or having no future but it seems that we are really that indeed wrong.On this current cycle on which we are really that seeing that they are really that making huge volume in overall which it is really that beating up those blue chip coins or to those who do have that actual utility on which this do simply means that interest and considerations about meme coins is really that high. This is why some people are really that fond on keeping or holding them on long term on which we know that this is something which is really that very risky to be done.
Why? we know that meme coins are built by hype and once that hype is gone then say good bye into your money on which you would really be ending up on bag holding those shit coins.

As for $SHIB, which i havent been able to follow or track their progress whether they've done something exceptional on this current cycle then chances about hitting new all time high could be possible
but i highly doubt that since the attention isnt really that been focused on few old meme coins but rather we do have some new ones. Also, hitting up $1 for SHIB?
Even in my dreams this thing couldnt really be happening. Cheesy

Abiky

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Quote from: lixer on July 14, 2024, 01:31:52 PM

A lot of people tend to have unrealistic expectations from meme coins, they either don't have any knowledge about the market and know what meme coins are, or they deliberately refuse to see and accept the reality. No one with enough sanity would invest a large amount of money in a meme coin and keep holding it expecting they are going to get rich from this investment, I know some meme coins tend to provide people with huge profits, but that happens once in a blue moon and not every day.

So, such investors need to understand that they are basically wasting their money and their time by buying and holding meme coins, if you buy a meme coin, and get a small amount of profit from it, you should take it and exit the market before it's too late and your tokens start losing value.

Exactly. People are only into "meme" coins because of the hype. They will invest in them, even if such coins are not meant to be held for a long time. The economics of "meme" coins alone, tells us they're nothing but "worthless junk". DOGE had its "lucky year" back in 2021 because of Elon Musk. But it's not doing so well lately.

Shiba Inu was created after Dogecoin "pumped" to almost $1. Coins like PEPE, Floki Inu, and BabyShibaInu came afterwards. And lets not forget about the recent ones such as BONK and WIF. Unless the USD (and similar currencies) lose value big time, don't expect Shiba Inu to go to $1 now nor in the future. Lets just buy and "hodl" BTC, and forget about the rest. Wink

TastyChillySauce00

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Quote from: Solodoski on July 14, 2024, 09:16:13 AM

Shiba Inu can never reach $1 in its current state reason been that the community is attempting, although so far in vain, to reduce the supply by burning tokens, which takes them out of circulation permanently.

and the burning solution to increase SHIB value isn't even a real solution to begin with with current circulating supply that's so high compared to total supply

there's no way SHIB can burn that much of token to pump the price to reach $1 because it also means reducing total supply by massive amount Grin

.

I think current price of SHIB is already the best SHIB can do.

Derek jnr2001

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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?

Actually I don't really look at those memecoin, though there are some people who invested on Shiba Inu from the early stage most of this earlier investors profited a lot from Shiba. My friend would have also profited from Shiba if not that he lost his phone in his working place and the worst part of it is that he was unable to recover his wallet seed phrase. However I don't think if shiba inu is worth investing right now though the choice is yours, but before making any decision don't forget to make intensive research about shiba inu so as to know if it has a good potential. But one thing you need to know about memecoin is that is not something you will rely on, their future is unpredictable so you just need to be extremely careful so as to avoid losing your money.

lixer

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Quote from: Abiky on July 12, 2024, 07:15:01 PM

Market cap? More like circulating supply to me. There are over a billion of SHIBA in circulation. That's what makes it worthless. Not to mention, the token itself is a "meme". In other words, it's a pure joke. Even Dogecoin's creators said DOGE was nothing but a joke. You can't take "meme" coins as serious investments. Only if you're a fool or newcomer into the world of crypto. W

hat will make the rise possible to $1, is the non-stop devaluation of the US Dollar (hyperinflation). But it won't matter, especially when the whole world will be concerned of the rising cost of living. There's really no way to get rich out of Shiba Inu. The lucky ones were those who bought SHIBA since launch. Just buy Bitcoin, and forget about the rest. Wink

A lot of people tend to have unrealistic expectations from meme coins, they either don't have any knowledge about the market and know what meme coins are, or they deliberately refuse to see and accept the reality. No one with enough sanity would invest a large amount of money in a meme coin and keep holding it expecting they are going to get rich from this investment, I know some meme coins tend to provide people with huge profits, but that happens once in a blue moon and not every day.

So, such investors need to understand that they are basically wasting their money and their time by buying and holding meme coins, if you buy a meme coin, and get a small amount of profit from it, you should take it and exit the market before it's too late and your tokens start losing value.

Solodoski

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Shiba Inu can never reach $1 in its current state reason been that the community is attempting, although so far in vain, to reduce the supply by burning tokens, which takes them out of circulation permanently.

Abiky

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Quote from: DaMut on July 10, 2024, 04:16:12 PM

It's a capital NO, don't get too excited or attached to a coin such that it makes you think so high of it doing a outrageous figure. Things don't work that way. You should rather work on how to take profit when you see one. Looking at the market cap alone will tell you it's not possible.

Market cap? More like circulating supply to me. There are over a billion of SHIBA in circulation. That's what makes it worthless. Not to mention, the token itself is a "meme". In other words, it's a pure joke. Even Dogecoin's creators said DOGE was nothing but a joke. You can't take "meme" coins as serious investments. Only if you're a fool or newcomer into the world of crypto. W

hat will make the rise possible to $1, is the non-stop devaluation of the US Dollar (hyperinflation). But it won't matter, especially when the whole world will be concerned of the rising cost of living. There's really no way to get rich out of Shiba Inu. The lucky ones were those who bought SHIBA since launch. Just buy Bitcoin, and forget about the rest. Wink

CK485

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Quote from: Samurai trieng on July 10, 2024, 01:56:19 PM

if we look at the current price of shiba inu which is still very low, and considering that the supply of this memecoin is said to be very large or even unlimited, then it is very unlikely that shiba inu will reach $1, and for crypto users who are still holding it or who just want to invest it, don't too hopeful that the price of Shiba Inu will rise higher or reach $1 in the future,

Yes, it is difficult to think in that direction to climb to a higher level, the process takes quite a long time, as with Shiba Inu, I think the price of Shiba Inu will not reach $ 1 in the near future and far from predictions, it seems like the most crucial times for crypto currencies However, Shiba Inu maintains itself as an excellent choice for crypto investors as the Shiba Inu market would need to be several times higher than Bitcoin's value to achieve that but it seems unlikely to happen.

DaMut

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It's a capital NO, don't get too excited or attached to a coin such that it makes you think so high of it doing a outrageous figure. Things don't work that way. You should rather work on how to take profit when you see one. Looking at the market cap alone will tell you it's not possible.

Samurai trieng

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if we look at the current price of shiba inu which is still very low, and considering that the supply of this memecoin is said to be very large or even unlimited, then it is very unlikely that shiba inu will reach $1, and for crypto users who are still holding it or who just want to invest it, don't too hopeful that the price of Shiba Inu will rise higher or reach $1 in the future,

Patrol69

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There are many other coin markets like shiba inu that investors are expecting a lot of coins. The expectation of the investor is that they will invest ten dollars or 20 dollars or 100 dollars in all these coins and the value of these coins will suddenly increase hundreds of times and they will get a lot of profit. We can expect the shiba inu to reach one dollar but it is very difficult. We may have to wait a long time to see this and after a long time it may be seen that this coin is not able to touch this milestone. But if we have the ability, then we should invest some amount of money in some of these related coins, maybe if luck helps, we can get a good amount of profit from here.

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Quote from: andyou1234 on July 10, 2024, 12:26:30 PM

considering that the development of cryptocurrencies from time to time is increasingly developing and it cannot be denied that new memecoins will emerge like now, of course carrying better technology than previous memecoins, this is what makes me doubtful and not sure whether shiba inu will continue to grow and be able to reach $1 in the future,

Even with or without the emergence of new memecoins in the market, it's very unlikely that Shiba Inu will get to $1. While some comparison might go with dogwifhat, another memecoin. The supply of it is way far from Shiba Inu. I don't want to be pessimistic with memecoins.
But people need to see how much and how large the difference of these projects from the supply limits that they have. Dogecoin does even have an unlimited supply and that's why it won't be reaching $1 anytime soon. It was so close for the past bull run as that time IIRC, has reached $0.7. A few cents away but it fell shortly and didn't happen and take note, that's thanks to Elon Musk's shilling moments.

andyou1234

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considering that the development of cryptocurrencies from time to time is increasingly developing and it cannot be denied that new memecoins will emerge like now, of course carrying better technology than previous memecoins, this is what makes me doubtful and not sure whether shiba inu will continue to grow and be able to reach $1 in the future,

Abiky

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Quote from: wheelz1200 on July 08, 2024, 06:20:21 PM

There's not one chance in the world shib gets to $1. Do you follow market cap? I don't actually think there is enough fiat in the world to actually even lush shib to a dollar even if everyone took every last dollar they had and threw it in on shib. This thread is somewhat of a joke, it has to be. If people don't understand the simplest of things like supply then you probably shouldn't be putting your money in on crypto.

I've said before that inflation would most likely drive SHIBA's price to $1. That means the USD losing value big time, my friend. It's the only way a worthless "meme" coin can reach $1. On its own, it'll have a hard time doing so. Especially with the huge number of coins in circulation. When you have too much of something, it will become worthless in the long run.

Maybe developers would like to make SHIBA scarce by burning tokens or removing them from circulation? If they do, SHIBA will go all the way to the moon. Until then, don't count on Shiba Inu as a good long-term investment. Bitcoin is a better option. People just believe what they want to believe, though. If they think Shiba Inu will make them rich, who are we to judge them? Cheesy

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