Where is SHIB coin going?

[Drnice]

SHIB has been stable lately. Are you expecting a pumping about this crypto soon? What are your expectations about SHIB in the near future? Will this project meet expectations? Its current value is $0.00002. How many dollars do you think it would be? Is it a crypto to be expected for investment? The market cap of $11 Billion and the amount of circulating supply is insane. Is it normal for it to be so low under these conditions?

If we are looking at the price of the coin, it might look like a coin that won't survive the struggle but reverse can always be the case cause it is having lots of interest, and maybe it is not showing clearly, but buyers are filling it up, so that when there is a swift rise in it's price, then quick profits are made. To some extents, it is gaining supporters alot and that is something that could help it in the next bull run.
The market is always unpredictable and the unknown can always happen at any given time.  589,735,030,408,323  being the total coin circulation, whales and supporters, traders and new investors will take their cut, the side of it's price to rise could be more possible, though with the team having their own part of the job.

[Rehan Zakir]

Shiba inu is a meme coin. And its ATH is near 0.000088$ per shiba coin. Now, its price is moving near 0.00002$. Now its price is 4x down from its All time high price. And its price is getting stable here. So, its a good time to take a small entry in shiba inu coin. Buy some coins and current price and if it goes down then buy some more coins it will average your buying price. But don't put your whole investment in this coin because there is no strong product behind this coin its just a meme coin. But whales are behind this coins so, it can give us good profit in long term

[jaberwock]

In the near future we cannot be sure that shiba will increase again because currently all coins are declining so it takes time to be able to increase again even though the market capacity is so large but this will not have a big impact with the current value, but if later the price of bitcoin can increase again then I believe it will have a big impact on the price of shiba and other altcoins, Because at the moment the biggest problem is that bitcoin is in decline, but for today the price is starting to increase again.

Now the price of Bitcoin has started to increase again and is above $40K again but for Shiba Inu there is still not much change so why should everyone talk about this meme token and predict its future, when it is clearly useless for real.

That is because those people have bought a shiba inu and they are worried if what is the coin's future. It is hard for them keep this feeling by themselves that is why they need to let everyone know in hopes that they can get a sympathy with them but is it true that shiba inu rises up a little today? Well, that was a good news for them at least they recover their investment little by little.

This can give them hope and they will think that this is the start where shiba inu can go the moon together with bitcoin because bitcoin is also suspected to sky rocket to 100k right after this long term dip. Nothing wrong that , that was their money and they chooses that path.

[manok jepang]

As we all know, the special memecoin shiba inu has been stuck at the bottom of the crypto market, because so far there has been no sign of the shiba price going higher, I'm sure it will be difficult for shib to grow again considering that shib has been pumped too high. , actually I personally don't really expect much from meme coin because in my opinion there are still very many coins that have very qualified potential and prospects compared to shiba inu.

[xmonkeyx]

I think it will return to its original price, it's a meme coin. it is very wrong if someone puts high hopes on Shib coins which are in very large supply in the market without any clear development for the future this coin will be trash in the future, currently only market price manipulation is happening on Shib coins and it is proven by now whose price has been dropping since the pumping took place a few months ago.

[Vaskiy]

More discussion about Shiba is happening around, just because it is a memecoin. In my opinion, though it is a memecoin there is continuous development and partnership with different businesses. The latest being the Shiba acceptance by a Willy Yums in Bradenton, a hot dog restaurant.

The restaurant owner was lucky enough to make big profit out of dogecoin and Shiba. This looks like the prime reason for the addition of cryptocurrency acceptance into the business. Though Shiba is young, there is good supporting community that keeps pushing the market. Often there is huge volume of tokens burn to make good market for it.

[Doell]

I don't know shiba will go to any price because indeed the hype may have been left in the past ,to be honest I don't understand why people are still holding this meme ,is it possible that they believe shiba will be profitable in the long terms like dogecoin ! uhm Infinite supply will cause to be dump slow or fast

[AmoreJaz]

More discussion about Shiba is happening around, just because it is a memecoin. In my opinion, though it is a memecoin there is continuous development and partnership with different businesses. The latest being the Shiba acceptance by a Willy Yums in Bradenton, a hot dog restaurant.

The restaurant owner was lucky enough to make big profit out of dogecoin and Shiba. This looks like the prime reason for the addition of cryptocurrency acceptance into the business. Though Shiba is young, there is good supporting community that keeps pushing the market. Often there is huge volume of tokens burn to make good market for it.

i believe, the shib team is trying to make this meme token useful because of the hype surrounding it. maybe, they didn't have much plan before. because if you will look at their thread here, the OP has not visited since aug 2020. but once their project was picked up by binance, i believe that's when they started thinking serious about shib. so okay, let us give them the benefit of the doubt.
if they will continue partnering with merchants or shops, that's great! it will give meaning on their market presence not only because of the hype or fud.

[eaLiTy]

~
I am secretly hoping it will die but it'll probably just thrive in the next bullrun. Also, SHIB marketcap is $11 BILLION not million. And what do you mean low? The price? What conditions? I am assuming that you know that marketcap is just circulating supply * price. Price by itself is irrelevant

Even i was thinking about the same during the initial stages that the market will die off eventually after the crazy hype but what it showed is that if there are backing from certain exchanges and some gambling sites then it would stay afloat and i think that is what we are seeing right now. Giving drops to some high profile users and now a $11 billion dollar market  .

[7788bitcoin]

~
That depends on our own preference. As for me, I can't consider it a good investment. However, it's no secret that I will ride the trend of this coin, if there's any, in the future. I even have some SHIB on my portfolio although I don't advise others to put money here if they don't understand the risk.

What's your anticipation? What do you think will happen? Trust your judgement, that's all I can say.

If i invest in SHIB, i will not invest in them thinking i am going to make a huge profit. Some of the gambling sites started to accept them and if they are accepted by big players then i might start playing with them. If not i will leave them as there is no use case other than holding them and i am not interested in that.

Looking back i wish i invested in the hype and made a fortune but it is hard to believe the hype from my past experience and this time all the shit coins rallied.

[bitkanu]

SHIB has been stable lately. Are you expecting a pumping about this crypto soon?

Im not expecting any pump to happen with shiba inu. it's already pumped so hard and crypto that got pumped so hard will be rarely pumped too.

What are your expectations about SHIB in the near future?

The project will be stagnant and the price will be doing sideways until something big will happen in the future.

Will this project meet expectations? Its current value is $0.00002. How many dollars do you think it would be? Is it a crypto to be expected for investment? The market cap of $11 Billion and the amount of circulating supply is insane. Is it normal for it to be so low under these conditions?

I don't have big expectation for this token. Lack of utility and overvalued marketcap. It will remain at this price. this is not to be expected as investment. So many people buy at peak price already lost a lot of money. It's normal as the total supply was also determining the price of token. So many people with small amounts of money expected this to go to the moon but they are wrong with this token.
Big supply and lack of utility. You can take your own conclusion.

[aruldaroy]

Of course go to the bottom
When the market situation is in the red zone and it's quite worrying as it is now, it's better to be aware of the meme coin.
Even though there is a possibility that we will be able to see the SHIB coin pumping again in the future.
But I'm sure it will take a very long time.

[imamusma]

Of course go to the bottom
When the market situation is in the red zone and it's quite worrying as it is now, it's better to be aware of the meme coin.
Even though there is a possibility that we will be able to see the SHIB coin pumping again in the future.
But I'm sure it will take a very long time.

Instead of waiting for the Shiba Inu to pump again, it's better to forget about it and look for other better coins because time is always valuable for good things and also for good coins because wasting time in vain is a disadvantage and will feel sorry when see others already profitable with good coins later.

[Ziskinberg]

SHIB has been stable lately. Are you expecting a pumping about this crypto soon? What are your expectations about SHIB in the near future? Will this project meet expectations? Its current value is $0.00002. How many dollars do you think it would be? Is it a crypto to be expected for investment? The market cap of $11 Billion and the amount of circulating supply is insane. Is it normal for it to be so low under these conditions?

Honestly, it was really hard to figure out what gonna happen to Shiba Inu the next day. In fact, I don't expect much into meme coins and it was a little bit hopeless for them to stay strong compared to others who have a market use-case. It was surprising to have seen this project looking good at the very beginning but seeing it now, we can't assure of its recovery, I was afraid for its dying journey like the other meme coins.

[Psynthax]

SHIB has been stable lately. Are you expecting a pumping about this crypto soon?

Im not expecting this billion token will be pumped soon. Who the guy that will be pumping billions marketcap tokens? Shiba is over valued at this moment. It's not also easy to pump billions marketcap token like shiba. im feeling doubt if you will be seeing the pump soon for shiba.

What are your expectations about SHIB in the near future?

The price will be quite stagnant. i doubt if you are expecting the pump and this will come soon.

Will this project meet expectations? Its current value is $0.00002. How many dollars do you think it would be? Is it a crypto to be expected for investment? The market cap of $11 Billion and the amount of circulating supply is insane. Is it normal for it to be so low under these conditions?

It won't meet your expectation. The current value for shiba is over valued. I think that the price of shiba will be going even deeper than the latest price. So many people are waiting for the miracle to happen but for a project without use case and this is a non sense price achieved by shiba.

[Similificator]

One thing I can tell you is that people won't remain stupid for the rest of their lives. People who had lots of profits already will start to pull out as another bullrun starts. I reckon that after the next bullrun, shiba will suffer huge price dump. Just look at the great projects popping out here and there along with good quality NFTs that have good ROI potentials.

Still though, if you're really itching for some shiba don't invest more than 2% of your whole money. Also, put it on spot and forget about it, don't gamble with it on futures since it's volatility is massive making most indicators look like jokes.

[WalkerIVIV]

It's caused by shiba is doing sideway and it needs billions USD as daily trade volume to pump the price of shiba inu to go to the moon again. I personally didn't even hodl this token but as you can see from all time chart if shiba is almost entering the bullish trend. The chart is showing a signal if there will be a recovery for shiba inu again. It needs some people with billions of money to pump this token.
It's normal to see shiba inu is under this condition. it caused by the total supply for shiba inu was too big. Valued with more than 10 billions marketcap and this is even more than unicord but shiba was also decacorn. Shiba is facing sideway until a big update will be coming from the developers.

[Lagduf]

SHIB will just stay with its position basically right below doge because frankly speaking SHIB is already having way too large of a market capitalization that if SHIB is having bullish run again, it will need tremendous amount of capitals that flows in the market.
regardless I can’t really think of any scenario that allows SHIB making it second bullrun chance because currently at this current price its rather stagnant.
but if maybe SHIB could become smart contract platform like matic it could make better valuation and have better pump again in the future but SHIB is just an erc-20

[sonmezmstf1978]

I wrote that there will be a pump for SHIB soon. With the pride that I was not mistaken in my comments about this coin, it increased by about 70% in two days.

[justdimin]

SHIB will just stay with its position basically right below doge because frankly speaking SHIB is already having way too large of a market capitalization that if SHIB is having bullish run again, it will need tremendous amount of capitals that flows in the market.
regardless I can’t really think of any scenario that allows SHIB making it second bullrun chance because currently at this current price its rather stagnant.
but if maybe SHIB could become smart contract platform like matic it could make better valuation and have better pump again in the future but SHIB is just an erc-20

There is a very rare scenario where SHIB would be taken seriously. Something being high in the rankings doesn't make it serious or fundamentally sound, XRP have been at high levels for years and general consensus was that it is a centralized shitcoin, it lost a lot of value this year versus other coins and dropped, which it will keep doing for many years later as well.

Same could be said about many other coins, namecoin way back, BCH and BSV very recently only a few years ago and many other coins. Shiba is like them, it could be around the top, but nobody takes it seriously and nobody would ever take it seriously. No matter what they do, it will always be a shitty memecoin and it will eventually replaced by something more serious and something that actually improves on the blockchain and crypto world instead of just make fun of it.