Can SHIB rise to 0.1?

[TheMimic1]

I'd rather look for another shiba than holding lots of shiba and hoping it hit that high, Elon musk is a multi billionaire that's why he was able to pump doge coin this much so who is going to help shiba reach the height of doge coin? Will be pretty hard if you ask me

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[Koro-Sensei]

0.1$ for shib needs a massive burns added by shib armys pumping and marketing. In this stage for shib, I don't think that it could reach that highs without those mentioned points. Shib for me is a gamble not an investment. It is a memecoin before that carried out a massive pump because of the hypes by mainstream social media and shib army. Other than that, its DeFi is nothing compared to industry leaders.

[Rahman11]

At the current price and circulation, if Shiba touches 10c then the total mcap will be 30 trillion+ which is much higher than the current valuation (1–2 trillion) of King $BTC.

So, it's quite impossible for $Shib to get there although if in future the team SHIB decides a mass token burn then possibilities are definitely there.

[bitzizzix]

Shiba's current price is $0.00006673 and to reach $0.1 which I think is very unlikely and even if you have to wait 5 years it will never happen.
I think Shiba will be a boring coin eventually after the hype ends, because right now the Shiba hype is still going on and once the hype is over everyone will be tired of waiting for an unexpected upgrade like before. and slowly they will disappear leaving him.

[Vaskiy]

Shiba's current price is $0.00006673 and to reach $0.1 which I think is very unlikely and even if you have to wait 5 years it will never happen.
I think Shiba will be a boring coin eventually after the hype ends, because right now the Shiba hype is still going on and once the hype is over everyone will be tired of waiting for an unexpected upgrade like before. and slowly they will disappear leaving him.

Shiba is now at its peak hype. This is what makes Shiba grow high with time. Shiba to $0.1 won't happen. Certain coins on holding for a longer time period gives big return. This won't happen with Shiba. In my understanding the investments on meme coins were like throwing the money on a multiplier scheme/MLM Scheme. At the beginning it looks profiting. All of the sudden the team gets vanished and there won't be trace of its existence.

[bitLeap]

Have you taken advantage from the start? for me what you need to do is take advantage, other than coin memes even if it can provide benefits then it doesn't matter. But what is common today is the hype that is completely out of control.
Some traders just follow instinct and don't pay attention to the potential consequences of following the hype carelessly.

Regarding your expected price target of $0.1 for Shiba it may take a long time and not pump up immediately. There must be a strong impetus, a deep correction, both as investor confidence and continuity in terms of the quality of value resilience. Profitable or not then return to your initial investment.

[Cornia]

I don't believe in memecoin.  Because now the hype of memecoin is going on. I don't think SHIB can come in at $0.1. Because its total supply is more and it is memecoin.  Hopefully the price will go down further when the hype ends.

[Fivestar4everMVP]

To answer to the question in the topic, shib going to 0.1 usd is likely never to happen, not anytime soon, I remember I said a thing like this concerning dogecoin and right in my very eyes, it happened, and this should gave me a change in reasoning, but not with shib going to 0.1 usd, this is totally not going to happen, and even if it will ever do, trust me, it won't be anytime soon, and when I say soon, I mean not even in the next 10 years, and this is if shib is still around by then by the way.

[Sayeds56]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

Not at all. There is no way for Shiba Inu to reach 0.1$ in the immediate future. The current market cap of Shiba Inu is 40 Billion Dollar while the price is around 0.00007$ and imagine what will be the MC when it reaches 0.1. 0.00007 X 1429 = 0.1. Means market cap of 57160 Billion dollar which is highly unlikely unless more than 50% supply of Shiba Inu is burnt. i think it is un-realistic expectation from Shiba Inu to reach 0.1$.

[el kaka22]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

think about it, and do your research again. even doge needs something really big like Elon Musk to push it to its current price. for Shiba, it seems with his current potential, I think it's still impossible. maybe the price can go up, but i think for $0.1 even $0.01 it is very difficult. well, i know that quite a lot of people had their hopes up on shiba and thought that this could be a second doge. well, but think about the risks of all this. it's like a "forced" token the same as dogecoin

There will always be a bit of a "hype" mentality with these type of stuff. People will always be getting a bit of excited whenever they see stuff like 8k turn into 5 billion dollars. Nobody talks about the fact that if you ever want to sell that 5 billion dollars, you will crash the market so much that you will not only get less than 500 million dollars because market will crash, but you will also ruin the whole token forever just from one move as well.

I rather not have that, you could sell 5 billion dollars worth of bitcoin or eth or bnb and yes they will crash but they will recover easily. This is why I do not think that there is any problem with this type of hype, it doesn't phase me at all.

[Wysi]

No way, it can never reach 0.1 or even close to that and still, we have some newbies writing in every forum that Shibu will reach $1 and in order for Shibu to reach $1 almost 90% of world's wealth should be invested into it which is highly impossible. I think it's time we should look at the facts and figures before believing any so-called YouTuber or free telegram channels.

[mbakruroh]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

If the Shiba token reaches $0.1, it will beat the entire crypto market cap. Even if we combine all other crypto capitalizations, and compare with the Shiba token capitalization, it still lags far behind. So is it possible this could happen. Even if we gather all investors to invest in Shiba tokens, then we can't reach that market cap yet.

[yhiaali3]

Impossible, with Total Supply 589 quadrillion will swallow the whole crypto market gray, this can't happen!!! My personal expectation is that all meme coins including SHIB will expire soon because it is a boom similar to the ICO boom in 2017. These bubbles always occur, which quickly disappear.
There is one exception for meme coins, perhaps it is the Doge coin, because it has become one of the main coins in the market and has proven its strength and made it a strong position in the market, although it is not a real project, but the conditions were in favor of the survival and growth of the Doge strongly, and I think it will remain for a long time.

[nimogsm]

I am more than sure that this will not happen, it would be better if investors stopped buying this token and invested in the same bitcoin and did good for everyone and with a general result, and buying a token in the hope that it will cost at least more than a cent with such a capitalization is crazy.

[Almasani]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

The price is very high if we calculate it with the number of tokens circulating on the exchange. I think there's no way Shiba tokens can reach a price of $0.1. If that happens, they must reduce the circulation of tokens on the exchange either by burning or by other methods.

[Mahanton]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

What's this stat is all about?

And for shib reaching to $0.1?

You don't have to be that positive because it won't happen and it's very unlikely that it will happen. Do not be too hopeful with such rise that shib can make.

You'll see when the bear market comes, volume of it will totally decrease because everyone would be selling out of panic.

Some people would presume things up whenever they are making some profits with their current investment and claiming off those prices which is impossible to happen basing off on something which driven with hype.
Im aint saying its impossible because cryptocurrency is really unpredictable but at least we should really be realistic on here and its much better if you do take off those profits as much as early as you can because
you wouldnt know on what comes next with SHIB. Everything goes up on fast manner will always have the chances on getting some crashing moments.

[adzino]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

The price needs to go more up x2000 to reach 0.1 USD. The market cap is around 38.5 Billion. If it reaches 0.1 USD, the market cap will be around 77 Trillion (calculation might be wrong, but this is just an estimation). The market cap of bitcoin is only 1.1 trillion. You still think Shib has the potential to take over bitcoin? 0.1 USD is unrealistic. Won't happen anytime soon. It might maybe after decades if meme coins are still a thing, but not now.

[kryptocanon]

I may not know much but I may have understand how to speculate future price for coins. Basicly what you're asking can never be possible. I mean that's Shiba surpassing the no. 1 coin on the crypto space. Absolutely... No way!

[bluebit25]

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

Great investment
laugh out loud to those who still think investing with shiba brings a good return.
Let's be more realistic it's like a jackpot ticket and not everyone can win, and the winner was really lucky and there are many reasons around that money but luck exactly.
In a market where there are thousands of new products with a product like Shiba, if shiba can reach $1 with its current market cap , I'm actually still sane and sane enough to laugh at people with ideas think that.

[bct-user]

The price is very high if we calculate it with the number of tokens circulating on the exchange. I think there's no way Shiba tokens can reach a price of $0.1. If that happens, they must reduce the circulation of tokens on the exchange either by burning or by other methods.

In theory, the price is hard to increase to $0.1 but who knows if the whales use their power. I assume the price is possible to increase to $0.1 although no burning when there is big news spreading by whales to pump the price continuously. However, the whales must have their schedule to pump or dump the price. We don't know what their plan for SHIB token in the next few days or weeks. So, we don't know SHIB price will continue to increase or not..