Can SHIB rise to 0.1?

[manok jepang]

There are many aspects that need to be considered. To determine and assess the next SHIB movement, I personally never thought that SHIB would be able to penetrate $0.1 because considering the supply is very large in the market and the price is still very far from the target, which is $0,00004711.  I think the current increase cannot be used as a specific benchmark to determine its future growth.

[OcTradism]

This dream will never success at end of the day because it’s impossible to SHIBA reach 0.10$. Over 500 trillion supply coin if hit 0.10$ then it’s total marketcap will overtake even BTC how ridiculous who guys dreaming that SHIBA INU will increase 0.10$. Doge is a several times of lower supply coin so  that here such increased was possible. 

Musk tweeted and implied of something about Dogecoin and Shiba Inu days ago. I am not sure it is a cause but Shiba Inu is in a free fall and I don't think take the falling knife now is good idea.

Dead cat bounce is not for newbies because they only catch a falling knife and hope Shiba Inu will rise to $0.1 or $1. They believe what they catch is a correction, not a deadly knife. So they don't have idea and plan to exit with bounce even with lower bounces.

[$crypto$]

When I saw tiktok there were lots of posts about this shiba coin by showing off the journey from the beginning of buying until now by telling in detail the increase in the amount of the balance every time.  They say this coin will experience a high increase so that a lot of people ask and make people tempted to follow it, I think this is a terrible thing

The FUD that is spread in the TikTok video is so much about other meme coins and they believe that meme coins can give big profits, especially Shiba coins and often I open TikTok, of course, videos like the ones you mentioned always appear and become a lot of questions from beginners who want to buy it aka FOMO.

This is indeed very terrible and many beginners will be trapped in this and they are always showing off their profits even though they don't know what will happen if they experience a severe decline or other correction like now? How they can strengthen beginners who are confused about this, of course, is too tempting to follow.

[MidnightSun]

I have friends who "dreamings" Shib can rise up to 0,1$ , he invest all in for one basket. i am afraid he will loose all off he money and all the people who's dreaming shib to 0.1$

Your fear is happening.
https://coinmarketcap.com/currencies/shiba-inu/

Hopefully he diversified a little.

[Hovarda]

I think this is absolutely impossible. In fact, the investor should thank God for seeing these prices

[James68]

Of course no. 

[tvplus006]

This is certainly the reason why it becomes impossible for Shiba Inu to gain such huge price increase.
Having a value of $0.0001 is quite possible but thinking it getting closer to $0.1...I really don't think so. Maybe the team will decide to burn some of their supply as this could help a lot the same thing as what the other projects did. To see that burning token is effective and really uplift the price, that might be interesting to see how it affects them as well.

When we talk about the cryptocurrency market, we must remember that everything is possible here, including the Shiba price that OP wrote about. After all, the OP does not specify the time when the coin can reach such a price, and at the same time it does not indicate how much the purchasing power of the dollar will be by that time.

[makishart]

You must have to research between Circulating supply and max supply, how can Shiba with Circulating supply of 549,095,509,738,353 reach a price of 0.1$?

People with small amounts of shiba inu will always think that would be possible as this is their spirit to keep their shiba inu to make them all become rich person with the easiest way through investing in the shiba inu.
They will never see the reality but the only possible thing if shiba will be burned even more and this can trigger the price to go even higher but it seems like the bull trend for shib already gone. It's the time for that guy who have owned billions of money to dump his shib to the market. It seems like people will be loosing their money even more.

this is certainly not possible. you must have parameters in speculating or asking

He must be waiting for until the guy with billions shiba inu will be stopping to dump his shiba to the market. https://etherscan.io/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE?a=0x1406899696adb2fa7a95ea68e80d4f9c82fcdedd

This wallet is very active dumping his shiba to the market. 10 cents will never happen.

[HashingTower]

I hate the word impossible most especially in crypto space, if a coin will ever be great no one can saw it coming and a coin that looks so strong can actually fail in time as well, I've seen enough in this crypto space so I can boldly say that anything is possible, shiba is down doesn't mean it won't ever go up again, shiba has huge whales currently but Ethereum and others have twice more whales too, just because someone hold large amount of the token doesn't mean it's the end

[selahadeenironstone]

IMO all of the answers above are wrong! Everyone said the same things about bitcoin, dogecoin, ethereum, solana, ravencoin. These were all called scams and hopeful if they could every reach 0.1$, which all of them did and exceeded. Dogecoin used to be 0.003 now its 0.3, why cant SHIB be 0.03$? With inflation and cryptocurrency trends I see this as extremely plausible. BTC

[Vaculin]

I hate the word impossible most especially in crypto space, if a coin will ever be great no one can saw it coming and a coin that looks so strong can actually fail in time as well, I've seen enough in this crypto space so I can boldly say that anything is possible, shiba is down doesn't mean it won't ever go up again, shiba has huge whales currently but Ethereum and others have twice more whales too, just because someone hold large amount of the token doesn't mean it's the end

It is a sort of optimism but apparently, although we can say it was possible, yet we can't deny that this project has a huge market capitalization that could help the price not to go up like ETH and some other known altcoins which has a lesser amount.

Maybe you have to believe that impossible really exist in the crypto market. Quite discouraging but much more to be realistic than getting fooled by our hopes and beliefs. May Shiba Inu will have a huge pump but not that close to reaching $0.1, maybe $0.001, that have the possibility.

[Mpamaegbu]

Of course not. That would mean its marketcap would be 30 x higher that bitcoin.

So, you based your analysis on what Bitcoin price is currently to judge another crypto? That's not a right way to do it. You're only being subjective here. What makes you think Bitcoin will even remain at its current price of $62k+ when Shiba is projected to hit $0.01? Have you forgotten too soon that Bitcoin is projected to hit $100k+ before the end of 2021? Come to think of it, not many people ever believed that Shiba was going to get to the price it's now when it debuted a few months ago. A lot of investors and naysayers didn't give it a chance because it's a memecoin. It's the same way a lot of people looked down on Dogecoin years ago.

OP, I believe it's not impossible for Shiba Inu to hit $0.01. I have learnt a lot in this industry not to underrate any crypto. Except the ones one knows are out to scam without a tangible blueprint and team. Otherwise, nothing is impossible with cryptocurrencies.

[geegaw]

if creators burn 99% of SHIB supply such price will look more realistic. but I doubt such step is possible though we should expect more pumps and SHIB could make another 5x or even more.

I've also never heard of any burning of meme coins in the past at a rate of 99%, because that's a very large number and it will be very difficult for the team to do because they also need to make a more in-depth study of this.

The past did not write about such a ratio but the future will sometimes have updates on such a ratio, however, the process of burning coins is also very complicated when a product like Shiba needs to provide use value and let users use it as a cost, from there, a large amount of Shiba can be collected and burned to help increase the project's price. Unable to reach this solution, SHIB can still choose alternative, SHIB will need some form of conversion to a similar name to shorten the number of tokens in circulation but the manufacturer has not yet intended to participate in such plans

[bastian466]

When I saw tiktok there were lots of posts about this shiba coin by showing off the journey from the beginning of buying until now by telling in detail the increase in the amount of the balance every time.  They say this coin will experience a high increase so that a lot of people ask and make people tempted to follow it, I think this is a terrible thing

The FUD that is spread in the TikTok video is so much about other meme coins and they believe that meme coins can give big profits, especially Shiba coins and often I open TikTok, of course, videos like the ones you mentioned always appear and become a lot of questions from beginners who want to buy it aka FOMO.

This is indeed very terrible and many beginners will be trapped in this and they are always showing off their profits even though they don't know what will happen if they experience a severe decline or other correction like now? How they can strengthen beginners who are confused about this, of course, is too tempting to follow.

With that, surely many beginners are interested, beginners just ask how to buy coins without more extensive knowledge and they don't even know the risks. He was simply seduced by the huge profits quickly. This fomo can continue to look for the next victim if many spread it on other social media

[Shasha80]

When I saw tiktok there were lots of posts about this shiba coin by showing off the journey from the beginning of buying until now by telling in detail the increase in the amount of the balance every time.  They say this coin will experience a high increase so that a lot of people ask and make people tempted to follow it, I think this is a terrible thing

The FUD that is spread in the TikTok video is so much about other meme coins and they believe that meme coins can give big profits, especially Shiba coins and often I open TikTok, of course, videos like the ones you mentioned always appear and become a lot of questions from beginners who want to buy it aka FOMO.

This is indeed very terrible and many beginners will be trapped in this and they are always showing off their profits even though they don't know what will happen if they experience a severe decline or other correction like now? How they can strengthen beginners who are confused about this, of course, is too tempting to follow.

With that, surely many beginners are interested, beginners just ask how to buy coins without more extensive knowledge and they don't even know the risks. He was simply seduced by the huge profits quickly. This fomo can continue to look for the next victim if many spread it on other social media

This is the scary thing in the crypto world, there are still many people who invest only based on other people's opinions and are easily influenced
by influencers on various social media. Therefore, meme coins have been hyped for several times because there are so many newbies who buy
meme coins at the peak price. In the end what happened to Dogecoin will also happen to Shiba Inu, it's true now Shiba Inu is still bullish,
but someday the price of Shiba Inu will fall quite deep and if that happens it will take a long time to recover. What is certain is that if that happens
there will be panic selling and will harm many people, the beneficiaries are people who buy Shiba Inu when the price is still very cheap and manage
to sell it when the Shiba Inu reaches its peak price. My advice is to only buy coins that we understand, and make sure we make a decision after
doing our own analysis, because buying coins based on other people's opinions will only make us lose the capital we have.

[alpamar99]

It may have given one of the best return but it srill doesn’t change the fact that it's a shitcoin. It's still a shitcoin.
Have you ever calculated what will be the market cap of Shib will be once it raised to $0.10? I think it will be 100x higher than current bitcoin marketcap. Do you think it will be possible even?

if creators burn 99% of SHIB supply such price will look more realistic. but I doubt such step is possible though we should expect more pumps and SHIB could make another 5x or even more.

this is a very crazy suggestion
But if they want it to happen maybe they can do it because if they do that $0.1 will be earned instantly.
but this is something that is easy to talk about and hard to do.
because indeed they have to review it further and the team will definitely think several times about this.

[Sayeds56]

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

This is the magic of crypto space. Anything can happen here and it is not surprise for me as I have witnessed such thing happening since 2017. We have seen Doge coin rising from scratch to 0.68$. The general perception about Shiba is that it is not fundamentally strong coin and it is labelled as meme coin. Investors and  traders think that it will not sustain its current rank on coinmarketcap and will  fall steeply from where it now but we watch lot of stories about its team who is doing huge development work that can strengthens its fundamentals. Let's watch and wait.

[19Nov16]

SHIB's opportunity to continue to rise is very clear, the team's performance and large transaction volume make anything possible, to reach $0.1 of course it takes a long process and time because many holders will immediately sell when they get big profits, and this is a challenge for the SHIB team to be able to realize $0.1.

[Kypher]

Over time, I think it's achievable, even 0.5$ for SHIB would be

[TheKernel]

There is currently 5.5 Trillion SHIB in circulation right now. The odds of that happening are pretty slim.