Is it possible for SHIBA INU to reach 0.01$?

[smartaction]

As the title say? Could it by possible?

I never thought it would happen. But everything is possible in cryptocurrency so maybe someday it will happen in the future. However, it is very unlikely to happen.

[$crypto$]

As the title say? Could it by possible?

I never thought it would happen. But everything is possible in cryptocurrency so maybe someday it will happen in the future. However, it is very unlikely to happen.

Shiba's rise was unexpected in the last month and we can imagine how much lower the price is now than $0.00007 this might be another increase next year as long as we still see the bullish trend at that time, but for me it is very unrealistic if Shiba hit $0.01 in a few years, it's still a work in progress and I don't know what happens after the next 5 or 10 years about Shiba's future.
We don't need to dream higher as the ascent is now an amazing achievement that we see in a short time.

[matchi2011]

As the title say? Could it by possible?

I never thought it would happen. But everything is possible in cryptocurrency so maybe someday it will happen in the future. However, it is very unlikely to happen.

We really don't know, the turned of events seems favoring this coin, if this bull continue to rise strongly we might see the value to reached that target. It's more on how investors will help and how they percept this coin, crypto world always have a lots of surprises. We never know when the market will favor and create the momentum for this asset.

[19Nov16]

To reach 1 penny of course it takes a big thing and I'm sure it will happen one day although it will take at least 3 years. Shiba Inu has the potential to continue to shine, but I'm sure users will not miss the opportunity to sell if they feel that they have made a big profit, and today's Shiba Inu has dropped more than 10% even though the majority of the market today is green.

[super bako]

As the title say? Could it by possible?

I never thought it would happen. But everything is possible in cryptocurrency so maybe someday it will happen in the future. However, it is very unlikely to happen.

We really don't know, the turned of events seems favoring this coin, if this bull continue to rise strongly we might see the value to reached that target. It's more on how investors will help and how they percept this coin, crypto world always have a lots of surprises. We never know when the market will favor and create the momentum for this asset.

too risky for that to happen. When the Shiba Inu reaches 0.01$, the main thing is that the token burning must continue until it makes sense. what's impossible, guys, this is evidence that has happened to the shiba inu. with the extraordinary rise many people did not expect with this crazy rise. although many people miss this big moment like me..?

[Sweetbtc]

Maybe but very difficult. Not saying it’s impossible but isn’t 20B market cap is a lot for a crypto. But I guess if doge reached 80B and shiba 50B then I wouldn’t be surprised

[Semar Mesem]

Anything can happen, Shiba Inu is a token that continues to shine since 2021, and October has gone up more than 800%, and to reach $0.01 it takes an increase of at least 900% maybe it can happen but it takes time.

[manok jepang]

In cryptocurrency anything can happen, but it is very unrealistic for Shiba to reach $0.01, considering the current price is still very far at $0.00006468, so it is very difficult for shiba to be able to pump 800-900X, moreover the capitalization is still very at around $35,517  , with these statistics I believe SHIB cannot hit such a target.  I think that's a very excessive target,

[2girls]

Yes offcourse i see the possibility SHIBA INU  to reach the 0.01$.because it is the best coin and this coin easily to reach a 0.01$.SHIBA INU community is the one of the best community So everyone buy this coin and support to this community it will get bright future soon so my opinion is that it is very successful Project in future.

[mirakal]

Maybe but very difficult. Not saying it’s impossible but isn’t 20B market cap is a lot for a crypto. But I guess if doge reached 80B and shiba 50B then I wouldn’t be surprised

Now the positions on both have reversed where Shiba is in 9th position and Dogecoin is in 10th position in cryptocurrency rankings so it can be concluded that Shiba's market capitalization is more than Dogecoin now.

Yes, the hype of DOGE has transferred to Shiba INU and its price is already $0.00007299.

If some people would think it will reach $01, then I would say they must be dreaming as it's not gonna happen as that's 137 times increase of the current price, imagine multiplying the marketcap of Shiba Inu now which is $39,941,445,894, that would be over $5 trillion which is above than bitcoin's total marketcap.

[coinzzzpro]

Of course jokes are jokes, but exactly such coins as SHIBA have a chance not only to enter the top 10, but also to reach the 1st place at all. It's all about the capital structure, the distribution of token shares among the owners of the coin. In old coins - Bitcoin - it is unpredictable, a lot of bitcoins are in the hands of incomprehensible freaks, junkies, dubious social elements. Bitcoin is hard to ramp up because you have to make all these people (and you) rich. The market is of course bullish and the bull market is good, but everything has limits.

[JeWay]

Anything can happen, Shiba Inu is a token that continues to shine since 2021, and October has gone up more than 800%, and to reach $0.01 it takes an increase of at least 900% maybe it can happen but it takes time.

If the increase is 800% and the price is still $0.00007173, then to increase to $0.01 it takes 3x the 800% to get to the price you mentioned, not just 900% because you see for yourself how much the price is now and compare it with the price you say that.

[Jose Mourinho]

Even though the popularity of shiba INU is currently increasing, I don't think this meme coin can reach $0.01 because its value is still very far from the current price of $0.0007154, it takes 900x pumping to reach the target as the OP mentioned, of course it is something that is not  might happen,

[Slow death]

Supply: 589,738,956,207,004

so many coins, I wonder what the coinmarketcap should be for this altcoin to be priced at $0.01?

one of the biggest problems in this market is that anything new ( some new altcoin ) lasts for some period of time but then people lose interest and the price of altcoin starts to drop and drop in the coinmarketcap rankings

[lepbagong]

As the title say? Could it by possible?

I've always believed that in crypto there will always be possibilities even if they don't seem unreasonable. but we also have to be realistic in understanding this, because everything will be determined, does it make sense to happen? with a very high price difference to be pursued?

I never thought it would happen. But everything is possible in cryptocurrency so maybe someday it will happen in the future. However, it is very unlikely to happen.

all can have different opinions in understanding an issue but we are also required to think realistically in responding to what will happen !!! so I strongly agree that the possibility is rather small for that to happen, because seeing the SHIB coin which is too cheap and requires large funds can boost it.

because coins with prices that are too cheap will be very easy to increase and it is not impossible that they will be able to free fall again.
so it is very difficult to expect cheap coins to reach that price, besides maybe there are institutions or investors who want to buy and invest large amounts of money in it, but do they want to do that?

[lixer]

Even though the popularity of shiba INU is currently increasing, I don't think this meme coin can reach $0.01 because its value is still very far from the current price of $0.0007154, it takes 900x pumping to reach the target as the OP mentioned, of course it is something that is not  might happen,

Popularity is increasing and community is also growing which is good signs but again one question is knocking around very badly that can a meme coin do again because we already have one with the name of Dogecoin, and it's done very good even takes sometime but done now losing ground again and going back to its real price because Elon is also not doing any tricks.

About Shiba, it's also not sure but in crypto all things possible after having news that team will burn 40% of total supply now few are feeling some better about this even it's still big risk for many investors, but now I am also feeling this can touch this figure $0.01 in long run. Too many new coins and projects those have nothing with this crypto market, making good ground this also possible for this.

[Abiky]

Supply: 589,738,956,207,004

so many coins, I wonder what the coinmarketcap should be for this altcoin to be priced at $0.01?

one of the biggest problems in this market is that anything new ( some new altcoin ) lasts for some period of time but then people lose interest and the price of altcoin starts to drop and drop in the coinmarketcap rankings

Supply is ridiculously high. SHIBA will never reach $0.01 if there are lots of coins in circulation. Always remember the rules of supply and demand. If there's a low supply of coins but a high demand, prices will soar all the way to the moon. The same happens vice versa. I wouldn't count on SHIBA as a long-term investment simply because the risk of loss is too high. Just because DOGE crossed $0.01 doesn't mean SHIBA will do the same. Dogecoin has a large community and years of experience behind it, so this gives it a certain advantage over other coins on the market. SHIBA is a new coin that's just starting to blossom. The community is quite small compared to Dogecoin's.

It's all about mainstream adoption these days. If there's market demand for SHIBA, you can rest assured it'll stand the test of time. Otherwise, it'll fade into oblivion until it becomes history. I wouldn't worry about SHIBA since it was never meant to be taken seriously. Just my thoughts

[Nazmul012]

Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

[mirakal]

Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

The only way for Shiba to reach that price is if the market remains bullish. When the bull run is over, everything will be back to normal, and since there's no hype anymore, these meme coins will be forgotten as people will focus more on coins with real usage and has good potential. Investors are definitely playing with this coin now, it's hot since it pumped many times but I would never think it will reach 0.01 USD ever, that's too unrealistic.

[apaben]

Not 0.01$ but maybe 0.001$ could possible if shiba burns large portion of their token. Otherwise it become tough to reach such milestone by meme coin like shiba as it doesn't has any use like others coins ! Big whales are behind shiba but also not sure about its stability, possible to start downfall after touching the milestone i mentioned! but that's also so far to become happened in reality

This bullrun can have an impact on the Shiba coin rising steadily. 0.001 is very realistic which is very high and I think it can be achieved. but there is something that has to be done i.e. token burning has to be done. On the other hand, what I'm concerned about is investors buying cheaply and you can imagine if he or she has made billions of dollars in profits on small investments in the past. selling at this time there will be very heavy bleeding.?