Is it possible for SHIBA INU to reach 0.01$?

[Wakate]

That case, is truly difficult to accomplish. Perhaps not feasible as long as they exist but rather would take such countless updates and improvements from the SHIB side. Possibly if the exhibition is acceptable, shiba will have a developing and further local area, and that could up the cost of shiba coins. Either sooner rather than later or in the long haul.

Whether it since going to take time or not, I think Shiba Inu will reach such price and pass it. The market will keep going up and coming down which will make Shiba to get to such price and exceed it. The coin had gained very high market volume and I know it will still go up with time. Keep holding and if anyone intend selling then it will be no issue.

[1714218771]

1714218771

[1714218771]

1714218771

[1714218771]

1714218771

[1714218771]

1714218771

[1714218771]

1714218771

[Sanitough]

That case, is truly difficult to accomplish. Perhaps not feasible as long as they exist but rather would take such countless updates and improvements from the SHIB side. Possibly if the exhibition is acceptable, shiba will have a developing and further local area, and that could up the cost of shiba coins. Either sooner rather than later or in the long haul.

Whether it since going to take time or not, I think Shiba Inu will reach such price and pass it. The market will keep going up and coming down which will make Shiba to get to such price and exceed it. The coin had gained very high market volume and I know it will still go up with time. Keep holding and if anyone intend selling then it will be no issue.

There's no problem in reaching that price if we are talking about hype, however, the concern is, will Shinu continue to grow from that price or it will only be a pump and dump coin like the others.

The current price is $0.000006968, it has to increase 1,435.132032146958 times to reach the target price. I guess it will take a lot of time, probably 10 years at a minimum, if it still survives and is listed in big exchanges.

[nelson4lov]

There's no problem in reaching that price if we are talking about hype, however, the concern is, will Shinu continue to grow from that price or it will only be a pump and dump coin like the others.

The current price is $0.000006968, it has to increase 1,435.132032146958 times to reach the target price. I guess it will take a lot of time, probably 10 years at a minimum, if it still survives and is listed in big exchanges.

That's not even the main concern in my opinion. I see a lot of people on this thread expecting Shiba Inu to reach such price levels but everyone keeps forgetting that the marketcap at the moment is already on the high side and as such, the days of Shiba Inu having those epic 50x to 100x moves appears to be over since it was so easy to make those moves when the marketcap was still a couple of millions.

[Hypnosis00]

There's no problem in reaching that price if we are talking about hype, however, the concern is, will Shinu continue to grow from that price or it will only be a pump and dump coin like the others.

The current price is $0.000006968, it has to increase 1,435.132032146958 times to reach the target price. I guess it will take a lot of time, probably 10 years at a minimum, if it still survives and is listed in big exchanges.

That's not even the main concern in my opinion. I see a lot of people on this thread expecting Shiba Inu to reach such price levels but everyone keeps forgetting that the marketcap at the moment is already on the high side and as such, the days of Shiba Inu having those epic 50x to 100x moves appears to be over since it was so easy to make those moves when the marketcap was still a couple of millions.

It was time to stop thinking about it as it was really impossible to reach that price with that huge market supply. Even if Bullrun will strike again, that still remains in question, and I'm one of the people who certainly seeing a very slim chance to get it to reach. I don't know how these people become optimistic about this project coz even we do TA and seeing on the chart, it was obviously out from getting through.

If we are investing in this project, we must be contented with what it gives back to us. And never hesitate to sell them once the hype had come as for sure it will never last long.

[Abiky]

I think the meme coin craze is going to die, and until now people will still speculate about meme coins and keep hoping that the projects they invest in will improve like DOGE has done, we already know this is an overvalued coin, so there's no possibility of that will persist in the long term, and given the supply of SHIBA INU, appears to be outside the expected price range.

The meme coin craze is going to die. There's no doubt about that. Dogecoin's rise has been nothing but pure hype. What makes you think the same doesn't apply to clones like SHIBA INU? There are far better cryptocurrencies on the market with active development, innovation, and a solid foundation built upon them. Hype is nothing when the project is abandoned in development. SHIBA INU was only created as a joke meant to be used for speculative purposes. It may rise in price within the short-term, but that's it. Long-term speaking, SHIBA is not a good investment because of the reasons mentioned before.

I believe $0.01 per coin is just a dream. Only a massive pump will make this a reality. But the effects will only be temporary as everything will go down the drain at a very fast pace. I'd stick with good-old coins just to be safe. Just my thoughts

[_IRMAN]

Maybe, but no one knows how long. Shiba Inu is just a meme token, it has no use and case, the price goes up if there is hype, just like doge.

[Wakate]

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

I agree the crypto market is so volatile that impossible things become almost possible same situation in case of SHIBA INU at first, its price was very low it is unlikely to rise but now looking at the market situation its price has increased hopefully this project is going to be that good.

Impossible things do not become possible things without a force. Force is needed for things to move which is why more work is needed for cryptocurrency to have a good move in the market. Shiba Inu will reach that price but it's going to take more time for this to happen.  I believe many investors would have sold there own shares before this will happen.

[tippytoes]

if the question possible or not, I'm sure it is possible , but the process is not a short time. With so many Shiba Inu communities, I believe nothing is impossible.

I agree the crypto market is so volatile that impossible things become almost possible same situation in case of SHIBA INU at first, its price was very low it is unlikely to rise but now looking at the market situation its price has increased hopefully this project is going to be that good.

Impossible things do not become possible things without a force. Force is needed for things to move which is why more work is needed for cryptocurrency to have a good move in the market. Shiba Inu will reach that price but it's going to take more time for this to happen.  I believe many investors would have sold there own shares before this will happen.

But the question is, is there really active development on this meme token? Or just hoping that it will be pump again owed to hype. Seems that the hype for meme tokens are waning already as NFT-based projects are getting more attention these days. Users realized fast that most meme coins are crap and not worth investing. In my opinion, it is very hard for SHIB to reach 1 cent, unless, the dev team of this token will do something valuable to the community.

[Amejoaquim]

As the title say? Could it by possible?

I think the meme coin craze is going to die, and until now people will still speculate about meme coins and keep hoping that the projects they invest in will improve like DOGE has done, we already know this is an overvalued coin, so there's no possibility of that will persist in the long term, and given the supply of SHIBA INU, appears to be outside the expected price range.

Meme or not, to be honest Idgaf. I've made almost 200% on shib the past 2 days. Get over the idea of what's legit or not. Make your money how ever you can. If people hold long term on a turd, take advantage of it and leave the bag holders. It's a dog eat dog world and the ones stuck in that Hodl mentality because they believe in the project, are the ones who get played.

[bitterguy28]

As the title say? Could it by possible?

There is a run happening in Shiba Inu community and the market is really bringing good to this coin as we can see here

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

SHIBA is now increased by 160% and counting . Looks like there is something good to expect in this coin but reaching 0.01$?


NOPE this will not come this soon , in the next 5 years who knows but does not necessarily this year or the next.

[ThinkBeyondRich]

Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.

[tokyohd]

As the title say? Could it by possible?

Everything is possible in cryptocurrency. We have also seen many shit tokens go to the moon. I am fascinated by the performance of Shiba Inu. So I believe Shiba Inu will be able to find good positions in the crypto world.

[WeedGoW]

One meme coin is enough for the market and it will hoard all the people's interest in it, leaving none for the others. You can create many more similar meme coins to DOGE but that will not work as it is very unoriginal, the main factor of how a meme coin come to like this. So I don't think SHIBA coin could reach close to $0.01 price. Now, coin that follows the kek meme is more original and I am willing to bet it will be the best meme coin behind DOGE.

[livingfree]

Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.

It is the reality that shib holders must take.

The probability of seeing shib reach $0.01 is very unlikely or should we say that even if there is a chance, it's very low chance to see it.

It's another meme and if there's an actual development for it, they'll find a way to reduce the supply.

[Shasha80]

Maybe, but no one knows how long. Shiba Inu is just a meme token, it has no use and case, the price goes up if there is hype, just like doge.

I don't think Shiba Inu will be the same as Dogecoin even though they are both meme coins, because Dogecoin can still go up in price without having to experience hype, while Shiba Inu is different from Dogecoin where you have to wait for the hype first in order to get a price increase in the market.

I agree that Dogecoin and Shiba Inu are both meme coins, but they have different potentials. Dogecoin has been in the crypto world for a long time,
so even meme coins have no obvious use. Dogecoin already has a large community, I also believe Dogecoin will go up in price, although there is no hype.
While the Shiba Inu is very difficult to pump, let alone reach a price of $ 0.01 as if there is no hype it is impossible for Shiba Inu to achieve.
I really don't recommend investing in coins like Shiba Inu, the risk of losing money is greater than the profit we will get.

[lumierre]

I thought that the hype of meme coins was over, but Elon Musk made his tweet supporting doggy's coins again and as a result a new pump of Shibu Inu. Actually, I am not sure if it is likely to reach 0.01$ just in this wave of hype. One day people will cease reacting on Elon Musk's advertisement and meme coins will be doomed to death.

[shinratensei_]

in reality not all projects have actual development so some of the new projects still look almost the same as memes, even though they are also trying to provide something better and not just meme coins.

Only a few projects and it's not all. I can say only a small percentages of the total meme coins in the market that have the intention to develop a real product like shiba with its swap service.

Shiba was increasing a lot again but it seems like that if this could be a very hard thing to did to reach 1 cent. Almost all of the meme coins were only offering gimmicks to the buyers and investors. Meme coins didn't have real value. Shiba may be a different thing that's not comparable with the common meme coin coz it's supported by so many whales. Even some big boys were also supporting this meme token like what they have done with doge coin. 1 cents may be easy but the time will tell. Shiba was growing so crazy right now.

[imamusma]

I thought that the hype of meme coins was over, but Elon Musk made his tweet supporting doggy's coins again and as a result a new pump of Shibu Inu. Actually, I am not sure if it is likely to reach 0.01$ just in this wave of hype. One day people will cease reacting on Elon Musk's advertisement and meme coins will be doomed to death.

Meme coins like Shiba and Dogecoin will not be put to death in the cryptocurrency market, they will still be alive even if no one else is interested because what Dogecoin looks like is a very strong example and reference so Shiba has high faith in it and so do I never saw Elon Musk tweet about the Shiba Inu in the past two days.

[geegaw]

Almost everyone thought Shib had died. Now it's alive. This illustrates why it's still best to hold crypto instead of selling it. I never expected SHIBA INU to take so long. Hype shows that, now it's selling time. I already sold my holdings. Profits must be taken, otherwise that strategy is not successful. With another coin I had the same experience, always take my profits and wait for the next one to come.

Of course, no one particularly appreciates Shiba as they operate in a time when coin memes are being argued as bad platforms and misleading users, besides, Shiba is the bridge between Elon Musk and the market, the relationship causes a conflict in the value of bitcoin, most experts predict a chance of Shiba's return is very slim. However, underestimation and misjudgment are the essence of all anticipation, something unexpected happens, only a moment passes and Shiba is forgotten, it's back and quite a few people were shouting about this super profitable investment

[livingfree]

Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.

It is the reality that shib holders must take.

The probability of seeing shib reach $0.01 is very unlikely or should we say that even if there is a chance, it's very low chance to see it.

It's another meme and if there's an actual development for it, they'll find a way to reduce the supply.

Agreed, its hard to be seen.
Also if theres an idea of actual development, i bet the developer would make a new project instead of creating it on top of Meme project.

Well.

That's very likely that the devs will choose to have a new project and develop it. But it could also be chosen as their main project and just develop it because it's already popular.

People tend to be brought up by such hype at most times.