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Author Topic: Will Shiba inu get to $1  (Read 4243 times)
FinePoine0
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October 01, 2024, 06:39:14 AM
 #381

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 Grin

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.
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October 01, 2024, 07:54:46 AM
 #382

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.

But remember nothing is impossible in cryptocurrency.  If we look at Dogecoin we get an example of this.  We have seen Dogecoin being a shitcoin for the past few years but how fast the coin has progressed with the efforts of Elon Musk.  So I mean in this cryptocurrency world if something is impossible it doesn't take long to become possible.  If well some influencer can step forward with shiba inu coin and bring good updates then it might be possible.  But that may happen in 10-15 years if not now.

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October 02, 2024, 10:54:07 PM
 #383

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.

But remember nothing is impossible in cryptocurrency.  If we look at Dogecoin we get an example of this.  We have seen Dogecoin being a shitcoin for the past few years but how fast the coin has progressed with the efforts of Elon Musk.  So I mean in this cryptocurrency world if something is impossible it doesn't take long to become possible.  If well some influencer can step forward with shiba inu coin and bring good updates then it might be possible.  But that may happen in 10-15 years if not now.

Still no.  I don't care what influencer comes on board nobody is pushing this to 500 trillion dollars lol.  There is this little nuance we call supply.  Just because one coin can go to a dollar doesn't mean that is equal to other coins chances.  Bitcoin only has 21 million possible coins in circulation in the end.  Shib has 500 trillion that's 25000000x the amount that bitcoin has lol.  Supply and demand.
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October 03, 2024, 11:31:19 AM
 #384

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.

But remember nothing is impossible in cryptocurrency.  If we look at Dogecoin we get an example of this.  We have seen Dogecoin being a shitcoin for the past few years but how fast the coin has progressed with the efforts of Elon Musk.  So I mean in this cryptocurrency world if something is impossible it doesn't take long to become possible.  If well some influencer can step forward with shiba inu coin and bring good updates then it might be possible.  But that may happen in 10-15 years if not now.

Still no.  I don't care what influencer comes on board nobody is pushing this to 500 trillion dollars lol.  There is this little nuance we call supply.  Just because one coin can go to a dollar doesn't mean that is equal to other coins chances.  Bitcoin only has 21 million possible coins in circulation in the end.  Shib has 500 trillion that's 25000000x the amount that bitcoin has lol.  Supply and demand.

Yeah, I've seen 100,000x today, but not that much Grin

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October 03, 2024, 06:32:55 PM
 #385

Does not matter what people hope or dream for SHIB. If you understand the math and science of finance and  the market, you will come to understand that coins with s massive supply can not exceed the global economy.  With 500 or so TRILLION coins out there,  a coin can't get to $1 ever. the money for this just does not work.  

So many people becoming millionaires would create a massive economic bomb that would ultimately destroy the value of being a millionaire.  

Buy coins that actually can grow, not coins that hype and fall. You want to be rich?? Stop putting your money in fantasy and do the math.
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October 04, 2024, 05:34:06 AM
 #386

This Shiba has been created for the people who has no capability to hold high price tokens. It is not actually created for making you rich. This is why you will see that this coin supply is large amount.

If you want exchange this token for buying or selling any service or physical products then is it good for holding. Even, if you want to make you satisfied to hold large amount in your wallet to have some greater feeling. This does not mean for a hope to see $1 in future until they burn huge amount that nearly impossible to give energy and time.

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October 04, 2024, 06:58:05 AM
 #387

This Shiba has been created for the people who has no capability to hold high price tokens. It is not actually created for making you rich. This is why you will see that this coin supply is large amount.

If you want exchange this token for buying or selling any service or physical products then is it good for holding. Even, if you want to make you satisfied to hold large amount in your wallet to have some greater feeling. This does not mean for a hope to see $1 in future until they burn huge amount that nearly impossible to give energy and time.

You can buy $10 of Shiba or $10 of BTC, ETH, or SOL. Sure, you will have less of it, but it would be the same - value - equivalent, so I wouldn't say it was created for that. Or that Shiba would go to $1.
It's just a meme and a sense of community behind it. Also the possibility of a meme rising and getting the profit, or flying into the abyss and getting a loss.

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October 04, 2024, 09:25:35 AM
 #388

simply... NO Cheesy
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October 05, 2024, 09:21:53 PM
 #389

This Shiba has been created for the people who has no capability to hold high price tokens. It is not actually created for making you rich. This is why you will see that this coin supply is large amount.

If you want exchange this token for buying or selling any service or physical products then is it good for holding. Even, if you want to make you satisfied to hold large amount in your wallet to have some greater feeling. This does not mean for a hope to see $1 in future until they burn huge amount that nearly impossible to give energy and time.



That's irrelevant.  That's just a physiological look at this.  Ypu can have a pile of 100 pennies or just 1 single dollar.  That's equivalent to saying I'd rather have 100 pennies because I can't afford dollars.  It's that kind of vision that get people broke quick.  You buy whatever you think will go higher and not look at projects you can buy more of.  Honestly the bigger the supply the coin has the more I think it was created to just scam people.
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October 06, 2024, 11:47:17 PM
 #390

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.

But remember nothing is impossible in cryptocurrency.  If we look at Dogecoin we get an example of this.  We have seen Dogecoin being a shitcoin for the past few years but how fast the coin has progressed with the efforts of Elon Musk.  So I mean in this cryptocurrency world if something is impossible it doesn't take long to become possible.  If well some influencer can step forward with shiba inu coin and bring good updates then it might be possible.  But that may happen in 10-15 years if not now.

Shiba Inu Coins If you assume one dollar and buy it now, it will amount to one dollar in the future.  I won't say it's never possible, but even now if you can buy and hold it, it's definitely possible to make some profit.  Because bitcoin is in bull run season now only any coin will be pumping because when bitcoin is pumped, not all are pumped.  This way you can hold onto your coins and sell them to make a profit.

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October 09, 2024, 07:23:23 PM
 #391

This will never happen, the tremendous amount of money is basically impossible to get into this coin the market cap would be 1000+ more than bitcoin current market cap
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October 12, 2024, 02:04:49 PM
 #392

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?
Its a great memecoin and i think it has much potentiality than any other memecoin on the market. Shiba inu has doing really well so far and he/she invested early on this project they already gey rich and happy investor on the world. To invest on memecoin like doing gambling if it hits it can hit higher and if hit downs and can go under the red ocean. So that to put money in memecoin is to play with your fortune. If you are like then you have won if you are unfortunate you may loose your everything. I think shiba is much better when you are thinking to invest on memecoin.

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October 12, 2024, 04:26:55 PM
 #393

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.

But remember nothing is impossible in cryptocurrency.  If we look at Dogecoin we get an example of this.  We have seen Dogecoin being a shitcoin for the past few years but how fast the coin has progressed with the efforts of Elon Musk.  So I mean in this cryptocurrency world if something is impossible it doesn't take long to become possible.  If well some influencer can step forward with shiba inu coin and bring good updates then it might be possible.  But that may happen in 10-15 years if not now.

Shiba Inu Coins If you assume one dollar and buy it now, it will amount to one dollar in the future.  I won't say it's never possible, but even now if you can buy and hold it, it's definitely possible to make some profit.  Because bitcoin is in bull run season now only any coin will be pumping because when bitcoin is pumped, not all are pumped.  This way you can hold onto your coins and sell them to make a profit.


I can clearly say never.  If shib went to $1 the entire world economy will have to completely collapse.  There is too much supply and not enough money in the world to pump shib to a dollar.  The US dollar will have to become completely worthless with hyper inflation.  And in that world why woukd anyone flock to a coin that's built on a meme.  They will be scrambling to put any money they had in things that are solid and shib is not that.
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October 13, 2024, 11:41:51 PM
 #394

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?
shiba inu is a shitcoin.  Being a Shitcoin, its total supply is trillions trillions. A coin with a trillion total supply can never expect a dollar. But if the supply can be reduced too much can be expected. As we have seen from Dogecoin nothing is impossible but an influencer like Dogecoin has to come in and reduce the supply. But it is unlikely to reach 1 dollar.

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fikrett
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October 14, 2024, 08:07:16 AM
 #395

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?
shiba inu is a shitcoin.  Being a Shitcoin, its total supply is trillions trillions. A coin with a trillion total supply can never expect a dollar. But if the supply can be reduced too much can be expected. As we have seen from Dogecoin nothing is impossible but an influencer like Dogecoin has to come in and reduce the supply. But it is unlikely to reach 1 dollar.

Yeah, otherwise, Shiba would get the cap of BTC, or even higher Grin Just unlikely to happen, though, only time will tell how the news and influencers will shape its future.

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October 14, 2024, 01:48:01 PM
 #396

If you are an amateur in crypto you should immediately learn about market cap and how it calculated, if SHIB will pump to 1$ it will simply overtake all crypto and stock together and that's surely impossible, my personal opinion on SHIB is that it's just a memcon that not have any future in the crypto industry

Thanks for sharing your opinion! I understand your point about market cap and the realism of SHIB reaching $1. It’s definitely important to consider market cap and volume metrics. However, like other meme coins, SHIB has a unique community, and sometimes cryptocurrencies can grow unexpectedly due to popularity and community support. In the end, the market is unpredictable, and projects that may not seem promising at first can sometimes surprise us.
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October 16, 2024, 10:04:10 AM
 #397

Shib has a burning mechanism thats helps reduce tokens out of circulation, but since supply is too huge in shib it take years before we see a massive effect on this meme token, good to hold in my opinion and forget it for years, who knows $1 will be achieve someday.

To God be the Glory. “Earth provides enough to satisfy every man's needs, but not every man's greed.”
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October 16, 2024, 01:49:00 PM
 #398

Shib has a burning mechanism thats helps reduce tokens out of circulation, but since supply is too huge in shib it take years before we see a massive effect on this meme token, good to hold in my opinion and forget it for years, who knows $1 will be achieve someday.

It would be a miracle, just look at some analysis made by others to see how impossible it is for the Shiba to reach that high up above the skies.
 Roll Eyes Though crypto space is full of wonders.

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October 19, 2024, 11:52:37 PM
 #399

Shib has a burning mechanism thats helps reduce tokens out of circulation, but since supply is too huge in shib it take years before we see a massive effect on this meme token, good to hold in my opinion and forget it for years, who knows $1 will be achieve someday.

Shiba Inu Coins currently have the highest supply of coins, so it is not possible for Shiba Inu Coins to be one dollar at this time.  Because it still has a price after a few zeros, now if the price of this coin increases, there will be a unique massive pumping.  So I don't guarantee a dollar wind.  If it was a dollar, other coin investors would have been more attracted and those who had already invested would have invested more.

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October 20, 2024, 10:28:41 PM
 #400

Shib has a burning mechanism thats helps reduce tokens out of circulation, but since supply is too huge in shib it take years before we see a massive effect on this meme token, good to hold in my opinion and forget it for years, who knows $1 will be achieve someday.

Shiba Inu Coins currently have the highest supply of coins, so it is not possible for Shiba Inu Coins to be one dollar at this time.  Because it still has a price after a few zeros, now if the price of this coin increases, there will be a unique massive pumping.  So I don't guarantee a dollar wind.  If it was a dollar, other coin investors would have been more attracted and those who had already invested would have invested more.

Although SHIB has a large community but it seems that some of them switched to other projects then the burning system is good but the sad thing is that SHIB is not the main token in the Shiba Inu ecosystem and that's what makes this SHIB token not so interesting because the burning is done when there are transaction fees coming into them, if you want a faster burning then what needs to be done is to increase the number of users who are active in their ecosystem it will greatly help the burning faster, but to see $SHIB reach $1 is too delusional. LOL

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