Is it possible for SHIBA INU to reach 0.01$?

[mdzahed134]

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

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[perfect999]

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

Recently we have some good hype about this SHIBA because of very big marketcap, but recently I read on a site that team announced they are going to burn 40% total marketcap, so hopefully this will have some good impact on its price, but still it's not easy for token like this to have figure like this $0.01 for me, it's really hard to touch and about this $0.001 its possible but will take some long time because it's also very attractive for any meme coin which is not doing any good for the crypto community.

Hype and marketcap is never been better use case we need some good feature and better use case with very strong devs team these all have nothing with this just community and hype is currently the best option for newbies to have good profit.

[Reatim]

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

the demand subsided now as we can see how stagnant the price now and even dropping little by little https://coinmarketcap.com/currencies/shiba-inu/ Shiba Inu had already reached its peak and any moment will fall again.
for those who had already gain , good to withdraw or risk being a loser in the following months.
I am not a fan of Meme coin specially those who had been pumped by Elon Musk Popularity.

[ice18]

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

Agree, SHIB only pump because of FOMO, if they can manage to burn half of the current supply then its possible but it will cost billions of dollar from investors not an easy to achieve for a MEME to pump like this. The only way I think to help price to move fast upward is one positive tweet from ELON saying I bought SHIB worth $1B, but I dont think it will happen lol.   

[matchi2011]

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

Agree, SHIB only pump because of FOMO, if they can manage to burn half of the current supply then its possible but it will cost billions of dollar from investors not an easy to achieve for a MEME to pump like this. The only way I think to help price to move fast upward is one positive tweet from ELON saying I bought SHIB worth $1B, but I dont think it will happen lol.   

Musk power may affect the market but not always on the positive side, much better to work for more usages
instead of looking for Musk to play with this coin, if Shiba gets more businesses to adopt and use this coin for
transactions, it will help a lot even there's a huge volume.

Usages give coin a market value, aside from the help of pumping groups or individuals. Still not removing
the possibilities that this coin can move and experienced another strong pump.

[Reatim]

Shiba Inu demand is pretty much higher in market but although i would not expect because when considering it's token supply, So that i think it’s undoubtedly impossible because one one will believe shiba can beat Bitcoin. So we can't predict this price just of trillions of supply project.

Agree, SHIB only pump because of FOMO, if they can manage to burn half of the current supply then its possible but it will cost billions of dollar from investors not an easy to achieve for a MEME to pump like this. The only way I think to help price to move fast upward is one positive tweet from ELON saying I bought SHIB worth $1B, but I dont think it will happen lol.   

Musk power may affect the market but not always on the positive side, much better to work for more usages
instead of looking for Musk to play with this coin, if Shiba gets more businesses to adopt and use this coin for
transactions, it will help a lot even there's a huge volume.

and here we enter the question about Does SHiba really has that potential to be adopted by businesses and used for transaction? i doubt it is .

Usages give coin a market value, aside from the help of pumping groups or individuals. Still not removing
the possibilities that this coin can move and experienced another strong pump.

and that is a call for manipulation , because this coin has no real value at all and there is no even a product to present so what is the business towards this?

[Benefactor]

There's a distinction with that. An excessive amount of assumption for a coin that has billions of billions of supply. It's an ideal opportunity to simply remain in reasonable things to occur and not on colossal theory. As the obvious truth at this point shiba inu has a decent rate and the status appears to be not awful wherein it continue to move also in the market alongside some great alt.

[Abiky]

There's a distinction with that. An excessive amount of assumption for a coin that has billions of billions of supply. It's an ideal opportunity to simply remain in reasonable things to occur and not on colossal theory. As the obvious truth at this point shiba inu has a decent rate and the status appears to be not awful wherein it continue to move also in the market alongside some great alt.

"Billions of supply" really tells us the coin is not meant to be worth anything. It'll remain below $0.01 for the foreseeable future. It's like saying Dogecoin will reach $1 per coin, when there are billions of coins in circulation. People are just buying SHIBA INU with the hopes of becoming rich quick. After all, they don't want to miss Dogecoin's frenzy. The oldest "meme" coin (DOGE) went from being worth nothing to nearly $0.50 within such a short amount of time. It's incredible how one person (Elon Musk) can manipulate the market to his own benefit. It'll all be over soon once people move on to the next big thing in crypto. Considering that SHIBA INU is an extremely-risky investment, I'd suggest anyone to look elsewhere. Just my opinion