Why shiba inu not come 1$

[udayantha11]

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

[harizen]

Technically, if intended, it's possible to reach $1. However, a trend always changes and sustaining a coin dominance can't guarantee for let's say for several months or years. Total supply can be disregard if the strong hype is there but it's not that simple "hype" as it needs a massive push better than the effect of Elon's shilling.

Some Shiba enthusiasts takes note of this:

When will shiba inu reach $1?

-To reach $1, Shib coin would have to increase by 12,000,000%. Every month since January, the coin has increased by around 2,000,000%. According to Market experts, it might approach $1 by the end of 2021 if it continues to expand at this rate.
-However, if it rises at a pace of 20% each month, it will take five years to reach the $1 mark, putting it in 2025 at the earliest.”
-The Shiba Inu Crypto has grown by 150%. This, too, is only a two-month period.
- It will most likely surpass the $1 milestone by 2025.
-The market value of the meme-coin might double if it manages to breach above $0.00001100.

Whatever your purpose, just don't take your hope to the highest. Try to stick with the realistic to happen.

Try to desire first at least 1 cent before jumping to $1.

[imamusma]

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

Shiba inu is a meme coin with a very large supply and the demand and supply has not been that much in all markets, so it can't break through $1 in a correction period like now, because it all still depends on the number of shiba enthusiasts themselves.

[nomenclatur]

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

you dream of shiba inu reach the price of $ 1? look at dogecoin how long dogecoin has been trading on the exchange but in fact, Dogecoin hasn't reached a price of $1 it's a very long time for Shiba inu to be able to reach such a high price it's very unreasonable if SHIBA INU can reach a price of $1 in the near future it will take at least 10 years to long but it's also quite necessary to think a little reality to think about the price of SHIBA INU.

[btc78]

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

Tell us why this meme coin will reach 1$?

https://coinmarketcap.com/currencies/shiba-inu/

it does not even close to a cent now you are seeking for a dollar?

this coin has been pumped recently but when the manipulation ends now we can see how this is not realistic to even cross 1 cent.

and also  do you think this supply will easily reach a dollar value?

Total Supply   1,000,000,000,000,000 SHIB

[o48o]

Shiba inu is a meme coin with a very large supply and the demand and supply has not been that much in all markets, so it can't break through $1 in a correction period like now, because it all still depends on the number of shiba enthusiasts themselves.

I would agree with you if markets weren't unpredictable. Truth is that people want to trade meme tokens for some god damn reason. My guess is that they just want to have fun. I would like to see more interest from in fundamentals but people in the internet aren't interested how intertnet works either so why would it be any different in cryptos.

[2tang]

The hype is not in a meme dog coin anymore, every people eyes are on NFT games right now. Axie infinity was making a trend setter for crypto hype and look at the price chart, it having a price growth more than 100% eventhough the btc price is not that much. So i think people are leaving meme coins and now moving to NFT.

It's true, everyone who is familiar with the concept of memes and meme coins when they are built, will obviously abandon the meme coins when others are more profitable, after all, meme coins are only temporary coins because the hype never lasts and the earlier ones can always have fun happy with meme coins.

[Bitcoinjheta]

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

IMHO shiba inu coin is hard to reach the value to 1$ because of its total supply is really huge.Considering the law of supply and demand it's hard to increase its value though its fundamentals really attract the crypto market.

[Beparanf]

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

IMHO shiba inu coin is hard to reach the value to 1$ because of its total supply is really huge.Considering the law of supply and demand it's hard to increase its value though its fundamentals really attract the crypto market.

If we view it theoretically base on law of supply and demand, Its really not possible but with the law of FOMO and dumb traders that FOMO buying shit tokens. This is very possible just like what happened on Doge which nearly touch that area with unlimited supply feature.

[Mahdirakib]

Why it should reach to $1? Shiba inu have huge total supply and no utility usage. The price only increased for shilling tweets. Most of the people invested in Shiba inu to take out profit in short term. Meme coin trend and price shilling activity doesn't last forever.

If we view it theoretically base on law of supply and demand, Its really not possible but with the law of FOMO and dumb traders that FOMO buying shit tokens. This is very possible just like what happened on Doge which nearly touch that area with unlimited supply feature.

We should view it theoretically rather than the law of FOMO. Because it's not a new coin now with higher potential of price rise. The trend has ended and Shiba inu is struggling to get much attention from the investors. Even it won't be easy for this coin to reach at 1 cent from this point.

[Renampun]

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

total supply is certainly the cause of a token not reaching a high price, besides that there are many other factors too...

shiba inu is memecoin like dogecoin and memecoin is rarely used by people except for trading. you don't expect shiba inu to go to $1 because it's impossible.

[Botnake]

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

Because it's impossible.

https://coinmarketcap.com/currencies/shiba-inu/

Total Supply
1,000,000,000,000,000

Look at that huge supply, I can't imagine the price will rise to that value unless the world will go crazy and get stupid investing in this coin.
It will not happen, better be realistic and look for other coins, IMO, this one is not worth to invest with, don't believe in hype.

[lablab03]

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

stop expecting good results with some meme coins bro coz they are literally for fun only and once it already at the top of the hill and when it stumbled down, don't expect it will gonna recover afterwards, coz those team will make new meme coin in the market again just to have benefits for the next hype.. see what happens to doge coin because of zero percent chance they released the babydoge. Lol seems you're new.. If were try to make research what are the advantages and disadvantages of having meme coin on this situation..

[ipanks]

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

The supply is too large to lift the price unless that token can get a pump from the whales. We remember that is what happens to dogecoin before. Maybe Shiba Inu will reach $1 but not for now as that coin needs to compete with the other coins or tokens which already have a history. Shiba makes people gamble with their money with the low price because they can spend a little money, say $10, to buy a big amount of Shiba Inu and hold it or forget it. If they can do that, who knows, in the future, Shiba Inu can really reach $1. They will make a lot of money from that.

[Furious 7]

Have you seen that Shiba inu ever reach the price of $1?
Too hopeful and this is unlikely to happen, have you never seen the total supply of Shiba nu on Coinmarketcap?

In fact I think it's unrealistic to be possible, that there must be some manipulation of the market with this token at a later date and the meme coin averages into a total supply lot so it doesn't make sense to touch it either.

We'll see in the next few years what happens after going through so many big bear market challenges whether these become more or less priceless.
But the shiba inu will never get it.

[Ararbermas]

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

obviously mate it's too far to happen even it's showing a green percentage as well along with some altcoin in the market. For me even before this year end it's impossible to happen in my view, because In fact the trading volume of this meme coins through coinmarketcap seems in a critical condition wherien it's showing 30% red for 24hrs. so this definitely a proof that buying shiba inu is a big mistake decision because of the status itself and the value that really telling the real direction and future of this meme coin..

[livingfree]

Yes total supply.

With trillion of supply, do you think that it's going to surpass bitcoin's market cap or the entire market cap of cryptocurrencies for it to reach $1?

Don't have that false hope because you'll be missing other opportunities that you can find in other altcoin.

[sulendra12]

Just another meme coins came after Elon Musk Dogecoin tweet. With how much the supply this coin has and compared to Dogecoin where people commonly says it's the "competitor", the price is not even close to $1.
I'm just laughing right now when people says it "will" reach that price later. Currently the price is $0.000006183 and the highest price was 0.000034 in May 11, so that was 2 month ago.

It's literally impossible to reach that point.

[irixo10]

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

There are actually things we can't explain not because of anything but because it is entirely out of our hands, understanding and imaginations. No one actually thought that Doge coin will get where it is today, but just like that, everything changed, it got attention and now trading on most top exchanges, and in the midst of these, the total supply was not much considered.
Also, before I used to think that Total supply will limit most coins from growing the way they want to, but nowadays that mindset has changed as everything now depends on the team, working products and possibly hype, although in many cases it is just entirely hype. Now with this little explanation, Shiba Inu might get to 1$ if and only if it will be hyped never like before, and this might not happen so soon, but will take a lot of time. Secondly, the total supply will really have to be reduced for it to achieve this, it is just too much.

[romero121]

Yes total supply.

With trillion of supply, do you think that it's going to surpass bitcoin's market cap or the entire market cap of cryptocurrencies for it to reach $1?

Don't have that false hope because you'll be missing other opportunities that you can find in other altcoin.

With such a huge supply reaching the market price of $1 isn't an easy thing. People always invest on low priced coins and wait for miracles to happen. There are several lucky people who've made big money out of very small priced coins, but those aren't with such a massive supply. Another thing, such projects don't stand high on the market for a long.