Is it possible for SHIBA INU to reach 0.01$?

[onecall123]

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 

I am literally tired of hearing this every day. SHIB will make a lot of millionaires if such things happen though!

The question is, are you one of them?
Because loyal people haven't left, SHIB holders still have faith. Whenever gas is unreasonably expensive, you can't afford to buy any...

If SHIBA is a dead cat, then how long will holders live? I think it will drop more as the day passes, rather than takeoff.

BTW! A long-term hold is the only option left for those who bought at peak price.

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[FinneysTrueVision]

Shiba was finally listed on Coinbase and saw a big pump because of this. Now is a good time to sell. I don't think this coin has much of a future. The dogecoin hype has died down significantly and the same will happen with Shiba Inu.

[ivankoh]

Shiba was finally listed on Coinbase and saw a big pump because of this. Now is a good time to sell. I don't think this coin has much of a future. The dogecoin hype has died down significantly and the same will happen with Shiba Inu.

Well, the current trend is not much support for the coin meme.  Even the NFT is seeing a significant drop for most of the coins involved.  But obviously Shiba being listed on coinbase will create great momentum.  If not too confident, consider adding to sell, because Shiba is in the x2-x4 launcher in this fomo

[Sweetbtc]

 Shiba is the Meme of Meme that's dying.  Shiba has so many tokens to even reach 10¢ it would have to have every single US dollar in the world invested in it.  Now I am not saying buy Doge, I am saying buy neither!  But definitely not Shiba!

[Abiky]

Shiba was finally listed on Coinbase and saw a big pump because of this. Now is a good time to sell. I don't think this coin has much of a future. The dogecoin hype has died down significantly and the same will happen with Shiba Inu.

Agree. I wouldn't invest into SHIBA for the long term since the risks are too high. Inflation is what's going to kill the token anyways. We should take the opportunity of the "Coinbase pump" to sell at a profit. I have a feeling SHIBA INU will go down the drain faster than you could've ever imagined. As I've said many times before, there are far better cryptocurrencies on the market with active development and a solid foundation built upon them. I believe SHIBA is nothing more than a scam designed to rip people's money. Newcomers into crypto who saw Dogecoin rise, will resort to SHIBA thinking they'll become rich in the long term. They'll become "rekt" once the token fades into oblivion.

For these and other reasons, it's practically impossible for SHIBA to reach $0.01. Only a massive bull market could make it reach said milestone. Who knows how long SHIBA will last? Just my thoughts

[Samurai trieng]

Even though SHIBA INU has been registered with CMC but I don't think it will have a significant impact on its growth in the future, because SHIBA INU is a very slow-growing meme coin, and I'm not sure if this coin will survive in crypto, let alone can  reached $ 0.01, maybe this coin needs extra attention from investors to be able to rise from adversity.

[bhooscream]

Could it by possible?

It is possible if SHIB can maintain its popularity in the market and the total supply is reduced by burning programs constantly. These two factors will determine how big the price of SHIB is, in the future. Just hope that meme trends won't disappear, so people still have a good interest to buy a meme coin like SHIB. But if meme trends won't last a long time, I doubt that SHIB price can reach 0.01$ in the future.

[kevindjunaidi]

As the title say? Could it by possible?

if from what I predict, then I'm not sure if the price of SHIBA INU can reach $0.01, because it requires a very high market cap to be able to make the price of SHIBA INU reach $0.01, but as we know, if in cryptocurrency nothing is impossible, therefore if you are sure to invest and hold SHIBA INU until the price of SHIBA INU reach $0.01, then you better keep doing it and don't listen to other people's opinions, because you will never regret with your own choice.

[faithupgrade]

Absolutely yes, but not for now, it will take years to happen. This upcoming bull run for SHIBA will give only 20 to 30x only few zeros will remove from its current price, then once it reaches its new all time high, it will collapse again. The next one be 1 to 2yrs from now.

As the title say? Could it by possible?

[sumant]

We can expect for a good price in future because a strong community and list on Binance as well so this coin is now getting special treatment but reaching 0.01$ is too big we should go for 10 to 100X from here and I confident that we will get my prediction. On other hand anything can happen in cryptocurrency world.

[janggernaut]

We can expect for a good price in future because a strong community and list on Binance as well so this coin is now getting special treatment but reaching 0.01$ is too big we should go for 10 to 100X from here and I confident that we will get my prediction. On other hand anything can happen in cryptocurrency world.

Try to calculate marketcap for SHIB when it reached $0.01 as you said. Do you think that shitcoin will be worthy like that for useless usage? It was just hype by Elon, and people were followed his tweet to hope they can make lot of money just like floki earlier. SHIB, DOGE or Other DOGs token will die later.

[tbct_mt2]

Agree. I wouldn't invest into SHIBA for the long term since the risks are too high. Inflation is what's going to kill the token anyways.

SHIBA is a short term FOMO altcoin and it won't be a good survivor when the Bear comes in the market. I don't know when the Bear will come but  if a coin can not survive through a bear market, it is not good.

Even an altcoin can survive through a bear market, what will it lose value from all time high? 90%, 99%. I would not take risk with SHIBA and would not consider it as an investment.

We should take the opportunity of the "Coinbase pump" to sell at a profit.

Buy the rumors, sell the news. This advice is always true. You can not practice it and sell at all time high or peak of each wave but practice it will keep you not be trapped with FOMO and stuck at peak or all time high.

[Rrita]

We can expect for a good price in future because a strong community and list on Binance as well so this coin is now getting special treatment but reaching 0.01$ is too big we should go for 10 to 100X from here and I confident that we will get my prediction. On other hand anything can happen in cryptocurrency world.

Try to calculate marketcap for SHIB when it reached $0.01 as you said. Do you think that shitcoin will be worthy like that for useless usage? It was just hype by Elon, and people were followed his tweet to hope they can make lot of money just like floki earlier. SHIB, DOGE or Other DOGs token will die later.

I agree with you, People still believe Shib will pump like Dogecoin. But it's impossible.
It's not possible to reach $0.01 per SHIB. It's just a meme coin, for the short time, people may be able to gain some profit by doing trade/holding this coin. But in the future, this coin will be dead, trust me. Most of the altcoin/meme coins will be dead in the future. Only those coins will survive that have a real-life use case. I am in crypto since 2017, I have seen most of the coins dead already. The only legit project still alive. Maybe it's meme coins season, so why it's pumping like hard. But in near future, most of them will be delisted from the big exchange and people will dump their bags just like shit. Doge delisted from Binance one or two times. Again they listed Doge and this time was good for Doge holder. Alon Elon Musk makes good hype for Dogecoin. Dont expect same for Shib.

[Woodie]

With the current price mechanism shiba inu has, i don't think so ! The market supply of this coin won't allow price to easily go to 0.01 dollars but on a technical side of things If the shiba inu devs can introduce token burns of this coin then the potential to get to this price will be possible as it's total supply will keep on shrinking with time because of the burns which will allow demand to grow exponentially and price to rise in the process.

[ene1980]

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SHIBA is a short term FOMO altcoin and it won't be a good survivor when the Bear comes in the market. I don't know when the Bear will come but  if a coin can not survive through a bear market, it is not good.

SHIBA is a meme coin in the real sense and all you need to know is the timing in which it was launched, Elon Musk shilling Dogecoin and that is when SHIBA came into existence and they did a good job of hyping the coin as well and it rally a lot in the initial few weeks and it was crazy to see anyone holding the coins earning millions but how long it will last is yet to be seen.

Even an altcoin can survive through a bear market, what will it lose value from all time high? 90%, 99%. I would not take risk with SHIBA and would not consider it as an investment.

Even legit projects in the past went down when the market started its correction and there were many projects that messed up their raised money, will see how SHIBA will survive or the developer will book his project and move away to another one during the bear market .
 

[marine4u]

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?

I agree with this. Personally, I think that Shiba and countless other coin meme genres that incorporate wording structures like "INU" are just too much of an exaggeration from Dogecoin. It is a dependency. And that means Shiba is unlikely to reach $0.01 if Dogecoin can't revive the same pumps Elon has pushed. However, as an investor I might save some Shiba for the next few years because the meme trend might return.

[DOH!]

Lol, I don't appreciate the potential Shiba could reach 0.01$.  Looking at the price chart of Shiba shows that it is not different from the coins that are pumped and poured solely for the purpose of the community to make a lot of money, most of which are wound up for manipulation.  Trading volume is low, when the hype ends Shiba is like a dry leaf even being listed on Coinbase has no significant impact.  Flashing on and off is the ego of Meme coin.

[Wakate]

It will take many years for Shiba Inu to reach such price maybe it might take about 5 year to 10 years for such to happen. Shiba Inu already has a large  market cap which is significant but still yet the price is minute. Just imagine that ordinary $100 can give you more than a million Shiba. Let's wait for the market cause no one knows what could happen in the next few years in the cryptocurrency world.

[arifteguhr]

Lol, I don't appreciate the potential Shiba could reach 0.01$.  Looking at the price chart of Shiba shows that it is not different from the coins that are pumped and poured solely for the purpose of the community to make a lot of money, most of which are wound up for manipulation.  Trading volume is low, when the hype ends Shiba is like a dry leaf even being listed on Coinbase has no significant impact.  Flashing on and off is the ego of Meme coin.

A meme coin like Shiba wants to be listed on any exchange will not have any effect on it, because meme coins are very easy to throw away and very difficult to pump, so the potential for losing value is far greater than the potential for increasing in value.

[Luqman]

It will take many years for Shiba Inu to reach such price maybe it might take about 5 year to 10 years for such to happen.

Yep, but it only can be reached if Shiba Inu still exists in the next 5-10 years. I doubt meme coins not popular again in the next 5 years, so people start to leave the coins like Shiba Inu. Everybody knows that Shiba Inu can have a good increase this year because of the meme coins trends. It is caused by the tweets of Elon Musk. If Elon Musk stopped tweeting about meme coins, it won't be a trend anymore. Then the coins like Shiba Inu will be hard to increase their value, instead decrease it day by day.