Will Shiba inu get to $1 - page 9. | Bitcointalksearch.org

xandriel

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No. With Shiba Inu, the circulating supply is near 600 trillion, as I just checked on CoinMarketCap. There is no way it can increase to $1 in the next 10 years with that supply. If the price were $1, it might exceed the value of all companies in the world right now. The possible scenario for the price to reach $1 is if they reduce the supply significantly, like burning a vast amount, perhaps 99.9% of the current supply

Iamcrypticguy

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Quote from: Rasa nanas on March 16, 2024, 03:37:12 AM

impossible, to reach $1 too far because the price of shiba is currently around $0.000029. This means it requires a price increase of thousands or even hundreds of thousands of percent from the current price. Apart from that, this meme coin is already popular and this kind of drastic price increase is impossible for a meme coin that is already popular.

I think it's not possible..maybe 0.5 cents yes. But not $1. RN newer memes on Solana tends to do more better. Case study $BOME.

Rasa nanas

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impossible, to reach $1 too far because the price of shiba is currently around $0.000029. This means it requires a price increase of thousands or even hundreds of thousands of percent from the current price. Apart from that, this meme coin is already popular and this kind of drastic price increase is impossible for a meme coin that is already popular.

Bushdark

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Quote from: Dunamisx on December 29, 2023, 05:25:57 AM

There's nothing new to expect in cryptocurrency than all that has been happening, we've seen the situation whereby a currency rises by 10x while some more than that even to 100x Shiba Inu could also rise to that extent, there's nothing impossible for them to achieve as long as they are genuine crypto projects, this coming season of bullrun may be another opportunity to see Shiba Inu rising to a new all time high and we cannot perfectly predict where that may land.

Yes there is nothing new in cryptocurrency and for the Shiba Inu to get to a dollar, it means p3ojects like Ethereum would have to get to 20k before Shiba coilr hit $1. That means the price of Bitcoin would have to hit 200k for the price of Shiba to hit $1.
The market always move in a pattern not just randomly. We need to watch and observe the market for us to benefit from the token we are holding.

Jonyshake71

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Shiba inu may developed itself even more than many valid altcoins but there's no surety for shiba cause memecoin can't be trusted. Others altcoins may follows instruction, giving us signal about upcoming momentums but for shiba, it doesn't follow anything or giving any indication about its future move. The more thing is, memecoin can hype only at first time, after that they just act normal in most of the cases. Shiba currently has $0.0000293 price which is super lower from $1. So i don't think it could cross one dollar even able to break previous ath during this bull session

vs2014

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You should check the shiba inu supply and current price list then you will come to the right conclusion that it is really impossible for shiba inu original 1$. You know that sudden changes in the crypto market can sometimes surprise you but a meme coin will never make a big profit. I understand from a lot of research that most of the small investors buy these meme coins so having a large investor community is essential to get the best position in the crypto market.

Sunderland

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Quote from: Games.Bitcoin on December 29, 2023, 11:01:14 AM

I said no. its impossible. By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion. But Shiba Inu Total supply= 589.54T SHIB. present Shiba Inu price is SHIB =$0.0000105. So How can its possible. Even if all the money in the world were invested in it, Shiba Inu would not be worth a dollar.

Well said, and Shiba diehard fans will argue with "burning coins" strategy and yes I agree burning the coins will decrease the total supply = price rising.
But most of them dont realize that to burn half of the total supply now will need 100 years .....
So better ignore any theory and prediction that 1 SHIB = $1 in the future.

Games.Bitcoin

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I said no. its impossible. By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion. But Shiba Inu Total supply= 589.54T SHIB. present Shiba Inu price is SHIB =$0.0000105. So How can its possible. Even if all the money in the world were invested in it, Shiba Inu would not be worth a dollar.

cryptoWODL

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Quote from: AnonBitCoiner on December 29, 2023, 05:02:23 AM

Shiba Inu is a meme coin and I don't think it will ever touch 1$ rate but still some people who have hold it are in believe that soon it will touch 1$.

Like you I think this token will never reach one dollar.
The current value of Shiba Inu Token is 0.00001066$.

Quote

Investment in Shiba inu is not a mistake but if someone is investing huge sum in Shiba Inu then they are making faulty decisions.

I don't know whether it will be a wrong decision for investors to invest in Shiba Inu Token, but one of my older brother acquaintances made many dollars by investing in this token around one to one and a half years ago. After I asked him about this token, he said that he made more than $2000 by investing in this token. As per his words I also invested some amount due to greed but I could not make final profit.

Dunamisx

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There's nothing new to expect in cryptocurrency than all that has been happening, we've seen the situation whereby a currency rises by 10x while some more than that even to 100x Shiba Inu could also rise to that extent, there's nothing impossible for them to achieve as long as they are genuine crypto projects, this coming season of bullrun may be another opportunity to see Shiba Inu rising to a new all time high and we cannot perfectly predict where that may land.

AnonBitCoiner

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Literally we don't know about any coin because most of the time people have no expectations about surging price of altcoins but they have showed and also there arises situations when you put your whole trust into a single coins but it does not give you any good sum in return. And if increase occurs for a day then again it will go down because of its altcoins nature like yesterday Matic was at the rate of 1$ but now again it is down from 1$.

Shiba Inu is a meme coin and I don't think it will ever touch 1$ rate but still some people who have hold it are in believe that soon it will touch 1$. Investment in Shiba inu is not a mistake but if someone is investing huge sum in Shiba Inu then they are making faulty decisions.

OrangeII

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Quote from: Bureau on December 29, 2023, 12:36:48 AM

There are two reasons why Shiba INU will never reach $1, the first one is the large supply. A good amount of token burn needs to happen for it to reach that figure. The next reason would be its use case unless the developers come up with something effective for tokens to be used to support the large supply until then it would be hard for it to reach $1.

well, the huge supply is the main challenge for Shiba Inu to reach $1. In fact, Dogecoin has never reached that point. However, people holding this coin hope that the price of Shiba Inu can at least get very high or even close to $1 price just like Doge coin. It's just that, even though crypto's potential is limitless, there are many considerations that make it difficult for this coin to reach a price of $1.

Sebas.tian

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Some of the potential coins you see in the market today, many investors never knew that their price will increase to this stage that is making both long term investors and short term investors to invest huge amount of money to such coins in the market, which Shiba Inu can also develop the same thing in the future by increasing to $1 that will give many investors trust to invest more in the bearish season which is the best season to plan well. You can invest in Shiba Inu but don't invest what you can't afford to lose because the market price can turn at anytime that will make you to be favour or sad some times.

Bureau

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There are two reasons why Shiba INU will never reach $1, the first one is the large supply. A good amount of token burn needs to happen for it to reach that figure. The next reason would be its use case unless the developers come up with something effective for tokens to be used to support the large supply until then it would be hard for it to reach $1.

Essential10

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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?

Predicting the future value of any cryptocurrency, be it Bitcoin or a meme coin like Shiba Inu, is simply uncertain. Although some investors and analysts predict the future price of cryptocurrencies based on various indicators and analyses, the predictions should be treated as your guesswork. Shiba Inu meme coins, in particular, are often subject to rapid and unpredictable price movements driven by social media hype and market speculation. I can only imagine what Shiba Inu will do in the next bull run. Be extremely careful when investing in the meme coin space.

Samlucky O

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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 know if it can reach $1 but checking from the market cap, there is no sign of achieving the goal of $1 and the total nbee of supply is about 589.59trilion. how on Earth can it reach that $1? Ur have you forgotten that total number of supply also affect the price if a coin? So this factors should be considered when investing.

poodle63

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Quote from: wallet4bitcoin on December 02, 2023, 02:14:29 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?

The use case that will drive shiba inu to $1 is yet to be incorporated into the project or partnered with it.

In crypto, nothing is impossible, we once thought dogecoin was more of a caricature, which is somewhat true, then Musk came and steered it up to as far as $0.75

But as at now, shiba inu has nothing notable to get it to $1.

getting a shill from a billionaire is entirely different matter not to mention at that time elon was branded as the iron man of the real world then no wonder his influence was peaking back then every his tweet always being connected to cryptocurrency and usually they increase a lot, now his shilling is fading and doge doesn't have any meaningful rally other than some 10% maybe 20% increase.
meanwhile shiba inu even with the innovation that it presents including shibarium just doesn't get as much attention, you can see yourself the chart that shiba inu is having it looks kinda stagnating and not really growing anymore I guess thats have something to do with the fact that shiba inu is already haivng market capitalization thats already too high.
therefore I don't think shiba inu could ever reach that high of a value anymore.

Sophokles

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Quote from: Bushdark on December 02, 2023, 01:53:29 PM

Quote from: Tomcolor on December 02, 2023, 01:17:35 PM

This is never possible because it is a meme coin and is dangerous to most investors. Moreover, the supply of this meme coin is so high that you will never be able to reach such a price. At least shiba inu is a good meme coin but it's supply is so high that they won't get anything good from bull market. You can never compare it to dogecoin. look like today the current price of shiba inu $.0.00000862 So how do you want to make your dream reality 1$. You may need to invest billion dollars to implement it.

There is nothing impossible in the Crypto market, just like many people had already thought then that Bitcoin would never reach up to $10k but now the price is more than that. The Crypto market can move anyhow even against our speculations so we don't have to limit a coin to a certain price. When the bull market comes, meme coins will reach $1 or more because the movement is going to be profitable to the core. We need to start buying meme coins although it might look very risky but that is one of the ways we can make profits from the market.

Comparing bitcoin with something that doesn't have any technological or financial value isn't good. Bitcoin is still so popular because of its superior model and decentralization. A meme project like shiba Inu or Doge is influenced by few whales which makes them heavily centralized. There is no way a centralized project will survive long enough to become something like bitcoin. The fate of these meme project will be like this because they have nothing to work with expect price manipulating by few whales to dump their token to unaware investors money.

Zigabel

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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?

Shiba Inu still have too many zeros to cancel o I doubt if a single bull run will be able to push it to a 1$ price, but then it's possible but not in this bull run most probably in years to come but I'm quite optimistic it will cancel more zeros than it has done in the recent times. Currently I can say it's still a fair project but then I don't know what the future holds for this coin, if it will turn out stable enough or it will stay longer enough before it turns out a stable.

wallet4bitcoin

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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?

The use case that will drive shiba inu to $1 is yet to be incorporated into the project or partnered with it.

In crypto, nothing is impossible, we once thought dogecoin was more of a caricature, which is somewhat true, then Musk came and steered it up to as far as $0.75

But as at now, shiba inu has nothing notable to get it to $1.

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