Is it possible for SHIBA INU to reach 0.01$?

[barbara44]

Newbies don't understand what crypto is truly about. They're only in it to make money, instead of believing in its core technology to change our world for the better. If they knew crypto was about decentralization, they wouldn't be complaining to a project's creators when prices go down the drain. SHIBA INU like the rest of other shitcoins, will go down the drain faster than you could've ever imagined. There are no real use cases for it, other than being a highly-speculative instrument.

I believe meme coins virtually have no future, as they're only driven by hype. A cryptocurrency project needs to deliver concrete results in order to survive in the long run. SHIBA INU is only a token living on another blockchain network, with a ridiculously-high supply. $0.01 is too much to bear, considering the way the token was designed. There are far better cryptocurrencies out there with real use cases for the mainstream world. As long as you don't put your life savings into SHIBA, you'll do fine even with the constant ups and downs in price. Just my opinion

I would sign this message and put it everywhere around the world. You are 100% right with everything you just said. These people are coming from the doge run basically and they think that they missed the doge train and they are hoping the same to happen here.

What they are forgetting is two things:
1) doge does not have that much coin available, shiba is already in higher supply and it is already printed whereas doge is mined basically and eventually one day doge will have that much but the price for each will be a lot lower as well.

2) Shiba can't go beyond bitcoin in market cap, that can't happen and makes no sense and we are talking about being not only a bit higher but 10x time higher as well.

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[irixo10]

As the title say? Could it by possible?

To start with, the era of Meme coins seems to depend on hype, that is, if the hype is not strong enough to push them, they will struggle, a good example is what is happening now, Doge seems to be on the low with nothing much happening and all the news about Doge foundation and so on, seems not to have any effect. Shiba Inu on the other hand, also depends on Doge, if Doge moves, Shiba moves as well, and with such case scenario, Shiba will find it hard moving or pumping massively to a reasonable price.
Lastly, with regards to the total supply of Shiba Inu, it will be difficult to attain such price, unless a massive bull run takes place again in the nearest future. But I would say, do not depend much or put much interest on such price, rather allow the crypto space to play it out, you can buy and keep for long term.

[Johnyz]

As the title say? Could it by possible?

Still hoping for a miracle? I don’t think it can reach that level without a hype so for now it wont happen but if there’s a new hype on meme token, then why not holding is not that bad but know the risk because meme token can die any time because they have no real usage in this market, its just a pure of risk and hype.

[Abiky]

To start with, the era of Meme coins seems to depend on hype, that is, if the hype is not strong enough to push them, they will struggle, a good example is what is happening now, Doge seems to be on the low with nothing much happening and all the news about Doge foundation and so on, seems not to have any effect. Shiba Inu on the other hand, also depends on Doge, if Doge moves, Shiba moves as well, and with such case scenario, Shiba will find it hard moving or pumping massively to a reasonable price.
Lastly, with regards to the total supply of Shiba Inu, it will be difficult to attain such price, unless a massive bull run takes place again in the nearest future. But I would say, do not depend much or put much interest on such price, rather allow the crypto space to play it out, you can buy and keep for long term.

Exactly. The supply is what's going to "kill" SHIBA INU in the long run. Most meme coins have no purpose other than being purely-speculative assets. Only Dogecoin will survive because it's an old cryptocurrency that grew alongside Bitcoin and Litecoin. The rest will go down the drain faster than you could've ever imagined. There are far better cryptocurrencies out there with real use cases in the mainstream world. I'd say that SHIBA is more suitable as a short-term investment than all the other way around. What matters is mainstream adoption. As long as there's demand for SHIBA, there should be nothing to worry about. Just my thoughts

[onecall123]

As the title say? Could it by possible?

Still hoping for a miracle? I don’t think it can reach that level without a hype so for now it wont happen but if there’s a new hype on meme token, then why not holding is not that bad but know the risk because meme token can die any time because they have no real usage in this market, its just a pure of risk and hype.

That's right, never going to happen. The only reason it's probably still alive is because we're all keeping our fingers crossed for the same outcome. Shiba INU is still sitting there. Though I am not arguing with anyone, I have little confidence that it will ever take place rather will surely die.

[GreenStox]

maybe it will happen in the future or not in the near future. SHIBA has good quality but many people still say SHIBA is just a joke coin. but SHIBA has a good percentage and always shows good results. but if all the performance and always get positive things, I'm sure that value will be achieved soon.

[dunfida]

As the title say? Could it by possible?

Still hoping for a miracle? I don’t think it can reach that level without a hype so for now it wont happen but if there’s a new hype on meme token, then why not holding is not that bad but know the risk because meme token can die any time because they have no real usage in this market, its just a pure of risk and hype.

That's right, never going to happen. The only reason it's probably still alive is because we're all keeping our fingers crossed for the same outcome. Shiba INU is still sitting there. Though I am not arguing with anyone, I have little confidence that it will ever take place rather will surely die.

Believers or to those people who had been caught in the dump? This had been mostly the case on where we can tell that there are still supporters but actually those are people who do bought on the peak

and decided to hold and believe that the price would make out some significant recovery but who knows if this one would be pumped out again? But speaking about reaching 0.01 is something impossible.

This is just a meme coin even if it would be driven with some hype but it wouldnt able to reach out that particular level of price.

[imamusma]

maybe it will happen in the future or not in the near future. SHIBA has good quality but many people still say SHIBA is just a joke coin. but SHIBA has a good percentage and always shows good results. but if all the performance and always get positive things, I'm sure that value will be achieved soon.

As long as there is interest in Shiba, the percentage and value will always be there, but don't you imagine that one day the fans will disappear and disposal can occur in a matter of days without anyone buying it again?

[BaeSuzy]

it’s possible in the future but no one knows when it will happen, FYI 0.01 at current supply of 394 TN would give SHIB marketcap of $3.94 TN and this is insane number.

btw, I just bought 5 mil shib this morning. been hesitant on buying it cause im not a fan of coins like this. But if it hits 1 cent ima be good lol.

[btc78]

As the title say? Could it by possible?

this coin had already end up the trend and it seems to be dumping https://coinmarketcap.com/currencies/shiba-inu/ and checking the action on that page it looks like the coin is near dying lol.

this shitcoin was just being pumped by the whales and if you did not follow the trend then you are dead.

get out and sell all your holding or you will get nothing in the end.

[arbifahrozy]

SHIB is dead It's going to zero.  It's the meme of a dead meme.  And to even hit 10 cents a token it would have to have every single US dollar in the world invested into it. Let it die.

[sumant]

For Shiba coin it will be big task because this is a meme coin I dont see that this coin will reach that target because investor will not put money in this project. They always going with much stronger project then shibu so from my point of reaching 0.01$ will going to be very tough for Shibu which is playing right now $0.000006901

[smartaction]

I don't think it's possible because Shiba Inu has come this far only for Elon Musk. Elon Musk was at first a very trustworthy person because of which each of his tweets created a lot of hype. But now people have lost faith in him due to his excessive tweets so now he can't create any hype in his tweets.

[Questat]

As the title say? Could it by possible?

It might but mostly it is unlikely to base on the current situation. For its circulating supply, I can say that it was hard for this project to reach such market value, even the hypes can't help. $0.0001 is possible but not close to $0.01.
I'm not being nega with this project but this is the reality. You can't carry such a meme project  



source: https://www.coinfi.com/coins/shiba-inu
I can't picture how it grows and have that value in the future.

[Scripture]

it’s possible in the future but no one knows when it will happen, FYI 0.01 at current supply of 394 TN would give SHIB marketcap of $3.94 TN and this is insane number.

btw, I just bought 5 mil shib this morning. been hesitant on buying it cause im not a fan of coins like this. But if it hits 1 cent ima be good lol.

Its all about the risk we can take and buying SHIB is indeed your option, only those who can afford to lose can buy this one. Anyway, i don’t see any progress anymore with SHIB so I don’t think it can hit $.01, I’m staying away with this token meme token are useless in my eyes without a hype of DOGE.

[FinneysTrueVision]

It would have to increase more than 1000x in price. I do not see it happening for a very long time. The meme coin trend has come and gone. Shiba has managed to remain somewhat popular so it isn't going to die but it is not a very good investment. If you are looking to make a profit there is no reason to hodl and wait for it to reach $0.01 when there are much better options.

[Pierre 2]

I think all things besides Dogecoin are sort of dead right now in meme coin scene. Shiba was awesome and quickly became hit although there are many many coins with decentralized apps and many other uses. Why would you buy and hold shiba other than online tipping?

[Bonenx14]

You will regret if its going down, moreover you buy it with hesitate decision. Dont forget to take profit when its going up, because it will be more regretion if its going down after its a pump a bit.

Obviously it would be very regrettable if at the time of making a decision there was still hesitation even though doubting a meme coin like Shiba could still be said to be very reasonable because the pump on meme coins like Shiba didn't happen much these days.

[MCobian]

This could happen. But for a very long time. Like the Doge thing. Considering the shiba community is so large, including the supporting factors shiba will last until that time comes. And all will go well if shiba continues the renewal process to invite new investors.

It took a long time for SHIBA INU to reach the target of $0.01. It takes a lot of promotion by the team of developers to attract the attention of
investors. But I'd rather not get our hopes up on SHIBA INU, I'd rather focus on other projects that have a clear function. Because there is
no certainty waiting for SHIBA INU to pump, our time will be wasted if we focus too much on SHIBAS INU. There are many other projects that are
more potential than SHIBA INU, look at the coins that are in the top 10, it deserves our attention more.

[Fredomago]

I think all things besides Dogecoin are sort of dead right now in meme coin scene. Shiba was awesome and quickly became hit although there are many many coins with decentralized apps and many other uses. Why would you buy and hold shiba other than online tipping?

Very relevant question, why would you if you do have lots of options that more probably to rise without the help of manipulated market?

Shiba received hypes when Doge is being pumped by Musk, but after this correction there is no more much talk about this coin,
most traders are busy seeking for good projects that will give them decent profits without worrying much,

Though it's still possible as we know that manipulation may happen, it's the whales and the team behind can push
The price and let many traders to follow and ride with another hypes. We don't know when though