Will Shiba inu get to $1

[betswift]

Short selling or even going long on any memecoin is straight bananas.  When the market is moving it rises and dips so much that unless you have an endless amount of collateral you will be broke so quick.  I wouldn't recommend margin for any altcoins.  Money can be made but it's much easier to lose it all with margin.

This can be anticipated by using small margin in your position but also having high margin funding in your cross margin account, even if the coin somehow goes against our expected direction, we can still maintain it.

the reason why many people are liquidated because they right off the bat using 100% of their margin and over leverage, this isn't good practice because at the slightest price movement they can be liquidated, future trading requires good money management.

definitely not friendly for beginner, even more so when we are trading meme coin in leverage, we know meme coin in general are crazy with price movement.

Even if you use a small amount of your position it is still wildly insane to buy or sell coins on margin.  The possible yoyo of pricing will eventually margin call you and at the bare minimum make ypu exit at the wrong point.  There is just not enough stability in meme pricing to be able to successfully margin trade them over the long term.

I agree. It's unwise to go into such positions without the proper analysis, or better yet an analysis from the whole team backing your decisions up at that point.
Otherwise, it may end really badly pretty fast.
That's my opinion, of course.

[FinePoine0]

The Shiba Inu coin is still in a very low price range, so it will still have a few years to go before it hits the all-time high of one dollar. And better updates should be added to Shiba Inu platform so that investors are attracted and invest more towards this platform. And if we have to wait for one to two halvings then I think it is possible for the Shiba Inu coin to be worth one dollar.

[Ludmilla_rose1995]

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

[FortuneFollower]

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task
Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

[mich]

Well for that to happen there needs to be a big event for all hodlers of the token. And with ShibaCon going to happen before end of this year well maybe we will see a price closer to that.
I do think $1 is just too 'bullish' for me. Shiba Inu’s ShibaCon is coming to Bangkok, Thailand on November 10. It is the same time that DevCon 2024 also will take place in that city.
https://thecryptobasic.com/2024/08/16/shiba-inu-lead-laments-surge-in-shadowcats-as-shibacon-nears/

[X-ray]

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task
Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

I'd bet that the possibility of NEIRO reaching shiba inu market cap is higher than the chance of shiba inu burning the 70% of its total supply .
people need to figure out that when coin like shiba inu is reaching this stage where the coin is so famous that the number of holder is reaching  1.4 million based on onchain wallet (disregarding exchange hot wallet most likely) and 40% of total supply is already burned and sent to null address, 70% total supply burning is nothing but a fleeting dream .

[NicNacCoin]

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task
Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

shiba inu coin is not possible to reach 1 dollar.  But yes shiba inu coin value and reach 1 dollar should be possible but must burn above 50 percent to 70% token.  Also there is a lot of doubt that burning tokens may not reach one dollar because there are many good coins in the market now people don't want to trust old coins too much.

[Abiky]

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

What if the USD goes through "hyperinflation" in the future? We can't ignore this possibility. Especially when the US national debt keeps rising at an alarming rate. Soon, worthless "meme" coins like SHIBA and DOGE will go past $1. But for what use? By the time that happens, prices for goods and/or services will be 10x higher than that. So you will basically have nothing. Even though it'll feel like you have something.

People are too greedy to realize "meme" coins aren't worth the long-term investment. They get into them out of excitement (hype). Shiba Inu was created after Dogecoin's surge in price a few years ago (2021 to be exact). I don't think it will be as successful as the original project. It's only been 3 years since SHIBA's inception, and people are now focused on other "meme" coins (particularly those living on the Solana blockchain). It won't be long before Shiba Inu fades away into oblivion. Why not choose Bitcoin instead?

[fikrett]

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task
Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.

shiba inu coin is not possible to reach 1 dollar.  But yes shiba inu coin value and reach 1 dollar should be possible but must burn above 50 percent to 70% token.  Also there is a lot of doubt that burning tokens may not reach one dollar because there are many good coins in the market now people don't want to trust old coins too much.

Yeah, and as Abiky said, it will be worthless by that time.
It's better yet to invest into something that would live through the harsh time - BTC or reliable alts.

[wheelz1200]

With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

What if the USD goes through "hyperinflation" in the future? We can't ignore this possibility. Especially when the US national debt keeps rising at an alarming rate. Soon, worthless "meme" coins like SHIBA and DOGE will go past $1. But for what use? By the time that happens, prices for goods and/or services will be 10x higher than that. So you will basically have nothing. Even though it'll feel like you have something.

People are too greedy to realize "meme" coins aren't worth the long-term investment. They get into them out of excitement (hype). Shiba Inu was created after Dogecoin's surge in price a few years ago (2021 to be exact). I don't think it will be as successful as the original project. It's only been 3 years since SHIBA's inception, and people are now focused on other "meme" coins (particularly those living on the Solana blockchain). It won't be long before Shiba Inu fades away into oblivion. Why not choose Bitcoin instead?

I don't even think in a world of hyperinflation to the US dollar would we ever see a $1 shib price.  If US dollar got that put of control the world economy would suffer and drag everything down with it.  People wouldn't be sinking theor devaluing dollars in things like shib, maybe bitcoin but not shib.  Too many coins now for everything to pop like that.

[OrangeII]

Well for that to happen there needs to be a big event for all hodlers of the token. And with ShibaCon going to happen before end of this year well maybe we will see a price closer to that.
I do think $1 is just too 'bullish' for me. Shiba Inu’s ShibaCon is coming to Bangkok, Thailand on November 10. It is the same time that DevCon 2024 also will take place in that city.
https://thecryptobasic.com/2024/08/16/shiba-inu-lead-laments-surge-in-shadowcats-as-shibacon-nears/

I think that will happen even when there is a big investor or a big event. Seeing that there are quite a lot of coin allocations, and the price is really far from $1, making it very vulnerable to drop when the price goes up. Even when most people try to hold this coin, some of them might see that condition to take advantage. The current price in CMC is $0.0000168, and I think even when the price goes up to the $0.0001 range, many people will rush to sell it, and make the price go down again. Well, right now, I don't think there is any potential for SHIBA to reach $1.

[Abiky]

I don't even think in a world of hyperinflation to the US dollar would we ever see a $1 shib price.  If US dollar got that put of control the world economy would suffer and drag everything down with it.  People wouldn't be sinking theor devaluing dollars in things like shib, maybe bitcoin but not shib.  Too many coins now for everything to pop like that.

That might happen if the world still uses the USD as its reserve currency. But what if countries gradually move away from the US Dollar before it collapses? Then the only one affected would be the US. At the time of this writing, there are on-going efforts to "de-dollarize" everything. Countries like China, Russia, and other within the BRICS alliance are slowly moving away from the USD. They're planning on using their own currencies for global trade.

I remember when Putin required payments to be made in Rubles for oil-related transactions (that was 1-2 years ago). "De-Dollarization" will happen whenever we like it or not. It's inevitable. If there's "hyperinflation", you can bet worthless "meme" coins will go to the moon. But again, it would be of no use to "hodlers" as everything will be utterly-expensive. There's only one solution. And that's Bitcoin. Hopefully, people understand this before it's too late.

[FortuneFollower]

I don't even think in a world of hyperinflation to the US dollar would we ever see a $1 shib price.  If US dollar got that put of control the world economy would suffer and drag everything down with it.  People wouldn't be sinking theor devaluing dollars in things like shib, maybe bitcoin but not shib.  Too many coins now for everything to pop like that.

That might happen if the world still uses the USD as its reserve currency. But what if countries gradually move away from the US Dollar before it collapses? Then the only one affected would be the US. At the time of this writing, there are on-going efforts to "de-dollarize" everything. Countries like China, Russia, and other within the BRICS alliance are slowly moving away from the USD. They're planning on using their own currencies for global trade.

I remember when Putin required payments to be made in Rubles for oil-related transactions (that was 1-2 years ago). "De-Dollarization" will happen whenever we like it or not. It's inevitable. If there's "hyperinflation", you can bet worthless "meme" coins will go to the moon. But again, it would be of no use to "hodlers" as everything will be utterly-expensive. There's only one solution. And that's Bitcoin. Hopefully, people understand this before it's too late.

Yeah, BTC is reliable and credible what cannot be said about memes, and it's interesting to see where what you described would lead. I do think that it will be to no avail if there is something - that - massive and impactful that would make even the US crumble in financial terms.

[dansus021]

Will Shiba inu get to $1 Simple answer is no long answer is no because their supply is crazy if the shiba inu only had 1B supply then shiba can get 1 Dollar easily but since this memecoin with low utility then no is the answer.
But since shiba is famous then maybe it could go at $0.0005 or more.

The shiba tokenomic is they donate 50% of their supply to Vitalik Buterin but vitalik himself already sold some of it and donate it to charity meaning there is some shiba in the circulation too.

[FortuneFollower]

Will Shiba inu get to $1 Simple answer is no long answer is no because their supply is crazy if the shiba inu only had 1B supply then shiba can get 1 Dollar easily but since this memecoin with low utility then no is the answer.
But since shiba is famous then maybe it could go at $0.0005 or more.

The shiba tokenomic is they donate 50% of their supply to Vitalik Buterin but vitalik himself already sold some of it and donate it to charity meaning there is some shiba in the circulation too.

Didn't hear about Vitalik's venture
But I too think it's not possible. Simply due to the capital needed for it, not to mention the amount of hype and shilling.

[wheelz1200]

I don't even think in a world of hyperinflation to the US dollar would we ever see a $1 shib price.  If US dollar got that put of control the world economy would suffer and drag everything down with it.  People wouldn't be sinking theor devaluing dollars in things like shib, maybe bitcoin but not shib.  Too many coins now for everything to pop like that.

That might happen if the world still uses the USD as its reserve currency. But what if countries gradually move away from the US Dollar before it collapses? Then the only one affected would be the US. At the time of this writing, there are on-going efforts to "de-dollarize" everything. Countries like China, Russia, and other within the BRICS alliance are slowly moving away from the USD. They're planning on using their own currencies for global trade.

I remember when Putin required payments to be made in Rubles for oil-related transactions (that was 1-2 years ago). "De-Dollarization" will happen whenever we like it or not. It's inevitable. If there's "hyperinflation", you can bet worthless "meme" coins will go to the moon. But again, it would be of no use to "hodlers" as everything will be utterly-expensive. There's only one solution. And that's Bitcoin. Hopefully, people understand this before it's too late.

If you think the US financial system will collapse in our lifetime I don't know what to tell you.  The world's reliance on the dollar alone will prop it up at a minimum.  It's almost too big to fail.  And even if it does collapse why would people put their money into memecoins?  Lol nobody actually uses memecoins.  If they want to use crypto they use bitcoin, period.  All these other projects are fed by the greed of people who want to get rich quick.

[martinex]

If you think the US financial system will collapse in our lifetime I don't know what to tell you.  The world's reliance on the dollar alone will prop it up at a minimum.  It's almost too big to fail.  And even if it does collapse why would people put their money into memecoins?  Lol nobody actually uses memecoins.  If they want to use crypto they use bitcoin, period.  All these other projects are fed by the greed of people who want to get rich quick.

That's right Sir. I belief, Those with large funds don't have time to focus their money on uninteresting coin investment instruments, BTC is still the top priority if he buys it, it's like the remaining book foot in his fiat savings account to buy.

My view on the question from the Op above Will Shiba Inu reach $1? my answer is maybe it can but it will take about 8 years from the initial listing and if the owner continues to develop and increase their partnerships.

[wheelz1200]

If you think the US financial system will collapse in our lifetime I don't know what to tell you.  The world's reliance on the dollar alone will prop it up at a minimum.  It's almost too big to fail.  And even if it does collapse why would people put their money into memecoins?  Lol nobody actually uses memecoins.  If they want to use crypto they use bitcoin, period.  All these other projects are fed by the greed of people who want to get rich quick.

That's right Sir. I belief, Those with large funds don't have time to focus their money on uninteresting coin investment instruments, BTC is still the top priority if he buys it, it's like the remaining book foot in his fiat savings account to buy.

My view on the question from the Op above Will Shiba Inu reach $1? my answer is maybe it can but it will take about 8 years from the initial listing and if the owner continues to develop and increase their partnerships.

I don't think you understand the supply of a coin and it's tie to unit price.  There is simply just too much supply to ever even come remotely close to $1.  Put it this way, if shib got to $1 it singularly would be worth more than the entire worlds fiat COMBINED, meaning there isn't enough physical money even in existence to cover $1 shib.  The fact that people don't understand this and still think there is a shot, then I think they need to get back to economic basics before playing in the crypto sphere.

[FortuneFollower]

If you think the US financial system will collapse in our lifetime I don't know what to tell you.  The world's reliance on the dollar alone will prop it up at a minimum.  It's almost too big to fail.  And even if it does collapse why would people put their money into memecoins?  Lol nobody actually uses memecoins.  If they want to use crypto they use bitcoin, period.  All these other projects are fed by the greed of people who want to get rich quick.

That's right Sir. I belief, Those with large funds don't have time to focus their money on uninteresting coin investment instruments, BTC is still the top priority if he buys it, it's like the remaining book foot in his fiat savings account to buy.

My view on the question from the Op above Will Shiba Inu reach $1? my answer is maybe it can but it will take about 8 years from the initial listing and if the owner continues to develop and increase their partnerships.

I don't think you understand the supply of a coin and it's tie to unit price.  There is simply just too much supply to ever even come remotely close to $1.  Put it this way, if shib got to $1 it singularly would be worth more than the entire worlds fiat COMBINED, meaning there isn't enough physical money even in existence to cover $1 shib.  The fact that people don't understand this and still think there is a shot, then I think they need to get back to economic basics before playing in the crypto sphere.

I've heard that there are around  300 trillions of $ in fiat, and the supply for Shiba is 598T, approximately, so, yeah, it would be madness and it won't happen in our lifetimes, nor in the afterlife, I imagine

[FinePoine0]

If you think the US financial system will collapse in our lifetime I don't know what to tell you.  The world's reliance on the dollar alone will prop it up at a minimum.  It's almost too big to fail.  And even if it does collapse why would people put their money into memecoins?  Lol nobody actually uses memecoins.  If they want to use crypto they use bitcoin, period.  All these other projects are fed by the greed of people who want to get rich quick.

That's right Sir. I belief, Those with large funds don't have time to focus their money on uninteresting coin investment instruments, BTC is still the top priority if he buys it, it's like the remaining book foot in his fiat savings account to buy.

My view on the question from the Op above Will Shiba Inu reach $1? my answer is maybe it can but it will take about 8 years from the initial listing and if the owner continues to develop and increase their partnerships.

I don't think you understand the supply of a coin and it's tie to unit price.  There is simply just too much supply to ever even come remotely close to $1.  Put it this way, if shib got to $1 it singularly would be worth more than the entire worlds fiat COMBINED, meaning there isn't enough physical money even in existence to cover $1 shib.  The fact that people don't understand this and still think there is a shot, then I think they need to get back to economic basics before playing in the crypto sphere.

I've heard that there are around  300 trillions of $ in fiat, and the supply for Shiba is 598T, approximately, so, yeah, it would be madness and it won't happen in our lifetimes, nor in the afterlife, I imagine

It is never possible for Shiba Inu Coin to amount to 1 dollar, because if Shiba Inu Coin reaches 1 dollar then the unique market will skyrocket.  So the price of Bitcoin must be several million dollars and its market cap must be much more, so it is not something we should imagine.  So I think it is best to stay away from all these thoughts as it is most difficult in the present situation.