Hypnosis00
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July 29, 2021, 11:23:01 PM |
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Please explain, why shiba inu not come 1$ ? Total supply?
Because of the huge supply and it's a hype token which already gone for now. It can't go up without the go signal from DOGE meme token, DOGE is still below $1 so that thing will not happen to Shiba Inu. I wonder if there are still investor for Shiba Inu, its price didn't move that much anymore. I don't want to wonder why still a lot of people overly thinking that meme coins like Shiba will show a huge pump. No, if Shibacoin has it valued at $0.1 it was so great but looking at its price today ($0.0003160), that has no signs of possible surge but a sign of dying. https://www.msn.com/en-us/money/other/what-will-happen-to-shiba-inu-coin-by-2025/ar-AAKQpsGThere is a huge market expectation that has been made but we know the situation of this coin, it is too far from the reality than these people are saying.
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mamesso
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July 30, 2021, 03:53:34 AM |
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Please explain, why shiba inu not come 1$ ? Total supply?
The answer is very simple, shiba inu is a coin meme and has a huge supply. Shiba Inu can be said to be Dogecoin half sister, but these two coin have different cases, to reach the price of 1$ the shiba inu must have the support of influential people like elon musk did on dogecoin a while ago.
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FinneysTrueVision
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July 30, 2021, 05:48:11 AM |
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This really doesn't need to be explained. There are too many coins in circulation for it to be worth more than a few cents. Unlike other tokens, I don't think they have regular token burns so the circulating supply will always be really high.
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lienfaye
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July 30, 2021, 07:25:39 AM |
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Its a meme coin with huge circulating supply and less demand during this time hence no question why the price cant rich the $1 price that you anticipated. Plus it became popular only because of meme token trend and following doge but if we compare it to other coins with real use case shiba inu is nothing thus dont have high hopes.
Though there's nothing impossible in crypto since shiba has a large community, lets see in the future on whats going to happen.
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Kelvinid
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win lambo...
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July 30, 2021, 09:39:46 AM |
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Its a meme coin with huge circulating supply and less demand during this time hence no question why the price cant rich the $1 price that you anticipated. Plus it became popular only because of meme token trend and following doge but if we compare it to other coins with real use case shiba inu is nothing thus dont have high hopes.
Though there's nothing impossible in crypto since shiba has a large community, lets see in the future on whats going to happen.
This is to say that someone behind those hypes where Doge and Shiba coins are skyrocketed for just a while. Just looking into their position and prices, it looks like they are already abandoned by the investors, and probably, the developers will leave as well someday. Thus, having a plan to invest in the Shiba Inu project is worthless. I mean, we can't have a fortune in this coin but only giving us losses in the end. I'm going to say sorry for those investors who this during its peak as you can't expect that you can get some profit from this. If I'm one of these people, I don't hesitate to sell it now.
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Dewi Aries
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July 30, 2021, 10:24:13 AM |
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Please explain, why shiba inu not come 1$ ? Total supply?
Maybe because not get hyped enough to reach it. I think some meme coin which rely on pump and dump basicly can reach some high price but sometimes it is danger enough if we really believe and put all our money in it. Just see when it is pumped and maybe take action in a little profit than buy and hold it and wait for get hyped and pumped again.
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OnurGalatasaray
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July 30, 2021, 10:28:16 AM |
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Because it has huge supply. If a coin has so much suplly it cant make easily 1 Dollar you know?
Many coin will newer reach a few cent because is has so huge supply even if a coin is top 10 coin. It is just because of huge supply
And coin is very hyped while no reason is exist I see only bad price SELL!
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el kaka22
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July 30, 2021, 11:56:38 AM |
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Isn't the total supply a good enough reason? I mean we are talking about 1 quadrillion dollars, if you think that ANYTHING can reach that level, then go ahead and invest into it, then you can be super rich. In that case even if you invested just 100 dollars into this, you will become richer than you have ever imagined just from that, if you invest a bit more? You will be richer than Jeff Bezos and Elon Musk combined.
So, what are you waiting for? Go ahead and invest few thousand dollars into it so that when it reaches 1 dollar you can be richer than you ever dreamed. You will not, many will not, even the ones who do will not do it for that reason, all because it can't reach to 1 quadrillion dollar level. Even if we are talking about 10% of that, it is still 100 trillion dollars, yes that's right 100 TRILLION dollars, hell even the 1% of that is 10 trillion! which is 5 times higher than the peak of ALL crypto total cap.
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shinratensei_
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July 30, 2021, 12:37:12 PM |
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Because it has huge supply. If a coin has so much suplly it cant make easily 1 Dollar you know?
The problem was shiba holders keep denying it and they do believe if shiba will reach $1 value in the future. It looks so funny to see that if meme coin marketcap will be more than the marketcap of major company in the world. I think that they must be waking up from their dream about that. Shiba will stuck at this rate or it may be dumped to the bottom.
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barabeku
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umachit.fund
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July 30, 2021, 01:42:06 PM |
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Please explain, why shiba inu not come 1$ ? Total supply?
To my mind it is impossible for shiba inu to reach 1$. I think that the hype of meme coins is already over, so now capitals are flowing from them to NFT-gaming. The thing is that meme coins don’t have any utility for the market, so the only reason why they grew in spring was advertisement from authoritative people. But now we are not to expect a new pump from them.
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domoy77
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July 30, 2021, 04:13:07 PM |
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To my mind it is impossible for shiba inu to reach 1$. I think that the hype of meme coins is already over, so now capitals are flowing from them to NFT-gaming. The thing is that meme coins don’t have any utility for the market, so the only reason why they grew in spring was advertisement from authoritative people. But now we are not to expect a new pump from them.
Totally agree with what you are saying because it is clear that the shiba inu only has the influence of advertisements made by people who have great authority in this world so the hype can be very large, but the collapse will also be very big when the hype period is over.
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pealr12
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July 30, 2021, 05:03:57 PM |
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That can only happen with a massive pump and when the market is very bullish and assuming the the team have such great news that will attract new investors to buy more of Shiba in, but right now nothing like that is happening, I won't say it is impossible because crypto is full of surprises, if for some reason Shiba inu able to attract big names just like dogecoin who knows what will happen, that said, it is still a long road for Shiba inu to achieve such high price.
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livingfree
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July 30, 2021, 11:59:11 PM |
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Because it has huge supply. If a coin has so much suplly it cant make easily 1 Dollar you know?
There's a clue already in the market by just looking at the coinmarketcap. Although there are some few coins that have reached $1 despite having billions in supply and that was XRP. But compared to the total supply of Shiba Inu, it got trillions in tokens printed and that's really too much which makes it very unlikely to reach $1.
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Woodie
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July 30, 2021, 11:59:17 PM |
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Please explain, why shiba inu not come 1$ ? Total supply?
Crypto might be highly speculative and volatile but it's not a get rich quick industry. It's easy to mistake it for that because of how bitcoin has grown over the years but the two differ a lot in the total supply which is key. Shiba like everyone knows has a very high total supply which makes this $1 near impossible to reach because the total supply is super high and no existing coin with a high supply has achieved this, to pump a coin like shiba needs extremely high demand and liquidity which doesn't like like its coming anytime soon or the many years to come.
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BuNga_cute
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July 31, 2021, 01:21:33 AM |
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Please explain, why shiba inu not come 1$ ? Total supply?
Crypto might be highly speculative and volatile but it's not a get rich quick industry. It's easy to mistake it for that because of how bitcoin has grown over the years but the two differ a lot in the total supply which is key. Shiba like everyone knows has a very high total supply which makes this $1 near impossible to reach because the total supply is super high and no existing coin with a high supply has achieved this, to pump a coin like shiba needs extremely high demand and liquidity which doesn't like like its coming anytime soon or the many years to come. I agree a lot of people still think of getting rich instantly through crypto, which is such a misconception. Even for Bitcoin alone as the most popular coin requires a long process for its price to rise to a price above $60k. So we must be patient and control our greed when deciding to invest in crypto. It is impossible for the shiba inu, which has recently been released on the market, to expect a very drastic price increase to reach the price of $1. Therefore, don't be too influenced by influencers who promise Shiba Inu will provide big profits. Moreover, with a very high total supply, there is very little possibility for a shiba inu to reach a price of $1.
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lenovop-70
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July 31, 2021, 12:04:39 PM |
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I think you need to check how much supply inside before asking why, as we know, shiba has large supply and circulation on the market, i think its not balance with how much total liquidity inside their smart contract, like someone said above, shiba need to burn at least 70% or more to increase the price and make more balance between liquidity and total market circulation. Besides that, theres no shitcoins price will going high like what they said in the sales, shitcoin still dangerous for me to play IMHO.
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marine4u
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July 31, 2021, 04:05:41 PM |
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Please explain, why shiba inu not come 1$ ? Total supply?
Lol, Shiba still has the potential to hit $1 in the distant future, a meme that wants to make an impact and grow in value takes a long time, not to mention the fact that it is backed by many celebrities. Usually, coins with a large community are easy to create shocks, AXS (gaming community), Doge (online community). After all, if Shiba can be pumped well, and blow fire like Doge going to $1 is entirely possible.
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Joca97
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July 31, 2021, 04:41:55 PM |
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Please explain, why shiba inu not come 1$ ? Total supply?
For me everything about this coin is pointless. They have a good marketing team . They got themself on binance somehow and jumped really big a couple of months ago. But this coin dosent have any good qualities from other coins. This was just created as a meme coin against dogecoin just for fun. Total supply is also too big
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ene1980
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July 31, 2021, 06:19:08 PM |
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Looks like everyone is high on speed or any acid and thinking every shit coin will rally and will make you a millionaire in a short period of time. Stop dreaming and make sure you do not burn a hole in your savings by trust shit coins for a long time. No idea what is the real reason for the hype other than meme coins is rallying and if you were lucky you would have made a fortune by now when you invested in it before the hype exploded.
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Slow death
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July 31, 2021, 08:08:01 PM |
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why certain altcoins have so much Supply? it seems that they believe that every planet will want to have such altcoins Supply: 1,000,000,000,000,000 I don't understand why you needed to ask a question that I think deep in your head you already know the answer. I advise you not to put too much money into this type of pump and dump altcoins, the only purpose of this type of altcoin is just to generate profit for the creators
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