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Author Topic: Is it possible for SHIBA INU to reach 0.01$?  (Read 1180 times)
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October 08, 2021, 08:03:34 AM
 #121

Miracle did not happen. -30% price loss since yesterday. I knew it was just another hype or pump&dump. I've told not to make huge illusions about infinite growth and achievement of $0.0001 in a different topic, not to mention that $0.01 is something unachievable.

Everyone wanted Shiba Inu to repeat the success of Dogecoin. In the past, there was only one major meme altcoin without any use case. It was easy for a rich troll to spot it and pump it. Nowadays there are probably a hundred of such meme coins. A chance that new Elon Musk appear and choose exactly Shiba Inu for a trolling is close to zero.

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October 08, 2021, 10:56:10 AM
 #122

Miracle did not happen. -30% price loss since yesterday. I knew it was just another hype or pump&dump. I've told not to make huge illusions about infinite growth and achievement of $0.0001 in a different topic, not to mention that $0.01 is something unachievable.

Everyone wanted Shiba Inu to repeat the success of Dogecoin. In the past, there was only one major meme altcoin without any use case. It was easy for a rich troll to spot it and pump it. Nowadays there are probably a hundred of such meme coins. A chance that new Elon Musk appear and choose exactly Shiba Inu for a trolling is close to zero.
Seeing the success of Dogecoin, many people think that Shiba has the same potential. In fact, I also think that this coin will become popular because of the support from several parties. however, sometimes people get too excited. well, we don't know what will happen in the future, but looking at the price of Shiba which is still at the point of $0.00002276, it looks like it's very difficult to reach the price of $0.01, especially considering the huge total supply. well, i think that reaching a price of $0.0001 alone is quite extraordinary.

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October 08, 2021, 05:14:14 PM
 #123

It's a surprise that this question topic is receiving so many replies. There are many well deserving coins out there that don't attract this attention. It's curious.
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October 08, 2021, 07:11:28 PM
 #124

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.
Shiba is not "real project" just because it has a swap, I can create a swap for you in 10 minutes, literally 10 minutes, design would be required of course and I am not a designer so it would look bad, but all the features will be there and ready. Shiba spent probably a week or two on it at most and created a swap but that's about it, nothing about that swap shows any promise, it is a totally useless swap.

The only reason why people are showing interest to it is the same as why they are showing interest to shiba, it is a community hive mind and there is a hype around it and people are sticking to their guns. I am 100% certain that eventually it will not be able to get anything out of it and you will be upset that you didn't get out early enough.
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October 08, 2021, 07:37:00 PM
 #125

Miracle did not happen. -30% price loss since yesterday. I knew it was just another hype or pump&dump. I've told not to make huge illusions about infinite growth and achievement of $0.0001 in a different topic, not to mention that $0.01 is something unachievable.

Everyone wanted Shiba Inu to repeat the success of Dogecoin. In the past, there was only one major meme altcoin without any use case. It was easy for a rich troll to spot it and pump it. Nowadays there are probably a hundred of such meme coins. A chance that new Elon Musk appear and choose exactly Shiba Inu for a trolling is close to zero.
Seeing the success of Dogecoin, many people think that Shiba has the same potential. In fact, I also think that this coin will become popular because of the support from several parties. however, sometimes people get too excited. well, we don't know what will happen in the future, but looking at the price of Shiba which is still at the point of $0.00002276, it looks like it's very difficult to reach the price of $0.01, especially considering the huge total supply. well, i think that reaching a price of $0.0001 alone is quite extraordinary.

Getting near to what OP ask is really hard, the existing volumes of this coin and how much the amount it's needed to hit .01$? Can't really see the possiblities, though maybe for those people who thinks that it can follow the success of Doge they will keep holding this coin. Long term the fate of this coin will continue to rely with bagholders and whales.

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October 08, 2021, 08:00:50 PM
 #126

It's a surprise that this question topic is receiving so many replies. There are many well deserving coins out there that don't attract this attention. It's curious.
One thing you need to know about the cryptocurrency market is the ability to hype your project to be know to the whole crypto community. Shiba Inu was almost over hyped increasing the number of investors that are buying it but still yet the price is not doing up to expectations. Maybe we should keep watching it market.
What is your expectation regarding the price of Inu?

The price will not reach $0.01 due to a very high volume, but in terms of growth, we can obviously see it's having a good run.
Check the graph for the price history.

https://coinmarketcap.com/currencies/shiba-inu/
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October 08, 2021, 08:04:28 PM
 #127

Seeing the success of Dogecoin, many people think that Shiba has the same potential. In fact, I also think that this coin will become popular because of the support from several parties. however, sometimes people get too excited. well, we don't know what will happen in the future, but looking at the price of Shiba which is still at the point of $0.00002276, it looks like it's very difficult to reach the price of $0.01, especially considering the huge total supply. well, i think that reaching a price of $0.0001 alone is quite extraordinary.
Even the success from Doge is not something that is permanent. It is obvious that we are seeing some hype around that as well and eventually that will go down too. I remember prices of 3-4 cents very clearly and I believe that even if not at that price, we are going to see doge to be under 10 cents as well.

I do not know when that will happen but I know that it will definitely happen. When doge becomes under 10 cents, and I do not mean like the whole market crashes, the market will be fine, doge will crash alone with some other memecoins, what do you think will happen to shiba? It will obviously crash as well. This memecoin fury will eventually end, it will not continue because it can't sustain to continue. They are just way too useless to continue to exist.

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October 09, 2021, 10:12:15 AM
 #128

How much the marketcap of Shiba Inu is if its price is $0.01?

Today its price is $$0.00002787 and its marketcap is $11B. $0.01 is x500 from today price and Shiba Inu will become the biggest cryptocurrency, bigger than Bitcoin.

Is it realistic for the meme token to get it? It's simply to answer, unrealistic.
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October 09, 2021, 10:39:55 AM
 #129

As the title say? Could it by possible?

with this price?

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

and this movement ?



I don't think this will be coming any time soon, the growth is indeed high now but we knew that this kind of Coin has no real value in which only manipulated to pump.

Shitcoin like this cannot be trusted for  long term so best to just buy and sell.

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October 09, 2021, 02:03:44 PM
 #130

Shitcoin like this cannot be trusted for  long term so best to just buy and sell.
It's just really for the pump and dump.

And traders who are enjoying its craze lately are the ones who are making a profit from it and it's up to them how they'll stay trading with it. But if the time comes that it has plummeted a lot.

It's a sign that too many whales have taken their profits.

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October 09, 2021, 09:40:41 PM
 #131

like the answer I will write now. nothing impossible can happen to cryptocurrencies. Why do I think like this? I have opinion, not based on an analysis of the SHIBA coin. but is based on the nature of the cryptocurrency itself, which is volatile, over time..so what is not imposible,mate

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October 09, 2021, 10:04:50 PM
 #132

Well it seems meme season is all over again but let me just say I dont like meme coin but hey it brings money and if you catch it quickly then congrats on added cashes but seriously it makes crypto look childishly crazy but again some people are crazy meme followers so yeah if catch an early train I might hop in with experimental bag and ride with hopes of reaching the promised meme lands

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October 09, 2021, 11:24:22 PM
 #133

Well it seems meme season is all over again but let me just say I dont like meme coin but hey it brings money and if you catch it quickly then congrats on added cashes but seriously it makes crypto look childishly crazy but again some people are crazy meme followers so yeah if catch an early train I might hop in with experimental bag and ride with hopes of reaching the promised meme lands
like the answer I will write now. nothing impossible can happen to cryptocurrencies. Why do I think like this? I have opinion, not based on an analysis of the SHIBA coin. but is based on the nature of the cryptocurrency itself, which is volatile, over time..so what is not imposible,mate

Yes, actually there are things that are impossible in crypto because there are factors that cannot be overcome, just like the laws of physics here on earth. We're talking about massive amounts of capital to sustain a price range that makes no sense, a max supply that is so large (currently) that it dwarfs dogecoin, and so there's really no comparison to be made to the original meme coin. I'm sure the great shib community will work diligently to raise the price but ultimately it's not in their control, it's the organic market that will determine the price. Informed and experienced traders know they can profit from the hype, but I agree, it diminishes the credibility of blockchain and crypto as a whole because it attracts the wrong kind of attention from people who want to regulate in the name of "protecting" people from losses. It's wise to go into crypto with the mindset that you are responsible for everything and anything that happens. Shiba will not go to .01 in its current form. It's always possible that it may become something unrecognizable from today, which is why I say anything is possible but not probable, but then shib will not be shib as we know it. I will admit it's a fun topic to discuss and can be generalized to all meme coins. I have some shib myself. Hopium doesn't take into account any factors but hope itself. The volume, liquidity, hodlers, traders, thousands of alternative coins, bitcoin, ethereum, all this capitalization cannot be ignored.
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October 09, 2021, 11:36:29 PM
 #134

It's a sign that too many whales have taken their profits.
Whales should already take profits on October 7, it was the day when the price of SHIB increased very significantly. Now, the price of SHIB gradually decreased a bit. The whales may still try to grab people's money but they are not as aggressive as before. If there is no big news again about SHIB progress, we can predict that the bullish on SHIB is over already. Be careful of massive dump after significant increase...

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October 09, 2021, 11:58:17 PM
 #135

As the title say? Could it by possible?

Why should it not be possible. The cryptocurrency market is unpredictable and unlimited. See what the price of Bitcoin is, and also started from scratch. I think in a few years, the price of SHIBU may be not only $0.01, but even $1. Remember that this coin was launched very recently!

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ThinkBeyondRich
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October 10, 2021, 01:59:20 AM
 #136

Not possible for the reasons I mentioned and others have mentioned. Let's see how long we can keep this going lol.
rhodelmabanal
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October 10, 2021, 02:15:19 AM
 #137

As the title say? Could it by possible?
0.01$ is possible in the near future but I think it needs time it is also depend on the team behind the Shiba inu project .future development is important like burning a few percent of the supply and any other actions that can make the price rise, for now I think it will never reach 0.01$ because it has a very big supply.

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October 10, 2021, 03:44:40 AM
 #138

As the title say? Could it by possible?
0.01$ is possible in the near future but I think it needs time it is also depend on the team behind the Shiba inu project .future development is important like burning a few percent of the supply and any other actions that can make the price rise, for now I think it will never reach 0.01$ because it has a very big supply.
the only thing that can make it happen is with influential forces like Elon and others who continue to create positive sentiment for SHIB.
development for the use of tokens will also have an effect. if the SHIB token is successfully adopted for use on the platform I think it can make the price go up.

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October 10, 2021, 05:50:42 AM
 #139

Why not check it your self , as the price now increased 300% but yet only Peanut comparing to that 0.1$ wish,

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

I'm not sure if Shiba Inu can make it this far , but one thing I am sure off? this is manipulated coin and may very risky for greed and newbie investors .

buy at your own risk , but this time ? i'm not sure if this is still advisable to ivnest .

Rehan Zakir
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October 10, 2021, 06:04:29 AM
 #140

It is a very tough target for shiba Inu that its price will reach to 0.01$. But if is will happen then i am the future millionaire. Because now, shiba inu is available at very cheap price. If we invest money at this stage and hold this gem for 5 to 10 years then it will make us millionaire. Investment in this project is a very great idea.

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