Will Shiba inu get to $1

[uneng]

I also keep hearing about this Shiba Inu. It is becoming very popular and the developers probably have deep pockets as they are sponsoring some ads. But the answer to the question is a big NO. But maybe it happens in the next 100 years or so. Don't get misled by its price of $0.00001188 because it also has an abundant supply that brings the whole market capitalization to around $7 billion. Shiba Inu is already ranked 15 as the most valuable cryptocurrency which means it is already expensive and its room for growth in the next bull run is limited.

I believe SHIB is still top 15 in crypto market, because it's under strong manipulation by whales. I've seen some news telling a SHIB whale has moved almost 30$ million of dollars in SHIB in a single transaction recently. That is almost 10% of total volume on the hands of a single investor.

It really doesn't worth to be part of an investment which concentrates so much influence power for few individuals. It's a kind of centralization crypto investors used to avoid on the early years of this industry, but now they are blind for SHIB, maybe due to the incessantly advertisements and talks about it on social medias, especially Twitter and Telegram groups.

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[eaLiTy]

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It's a kind of centralization crypto investors used to avoid on the early years of this industry, but now they are blind for SHIB, maybe due to the incessantly advertisements and talks about it on social medias, especially Twitter and Telegram groups.

Majority of the alts falls under this category, developers and their promoters will be holding majority of the coins created out of thin air and they will rally as long as they are keeping their advertisement in social media active, literally selling snake oil disguised as a cryptocurrency  . These sort of topics would pop for Dogecoin in the past and now for Shiba is just laughable.

[solehdavid]

When you look at the current value of shiba inu, if it were to reach a dollar, it would be a rise like we've never seen before. I think it's almost impossible. but you never know what's going to happen tomorrow. but it's certainly not going to happen in the short term.

[uneng]

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It's a kind of centralization crypto investors used to avoid on the early years of this industry, but now they are blind for SHIB, maybe due to the incessantly advertisements and talks about it on social medias, especially Twitter and Telegram groups.

Majority of the alts falls under this category, developers and their promoters will be holding majority of the coins created out of thin air and they will rally as long as they are keeping their advertisement in social media active, literally selling snake oil disguised as a cryptocurrency  . These sort of topics would pop for Dogecoin in the past and now for Shiba is just laughable.

True, and there are people who still don't understand why Bitcoin is the king of crypto universe and none altcoins have enough potential to overcome it. The fact developers hold the largest portion of their creations, make Bitcoin even more unique and valuable. And although Satoshi is also believed to hold about 1.1 million bitcoins (I believe that is just a theory, though), something around 5% of total supply, those coins are likely to be never moved around for speculative or personal gains' purposes.

[Hypnosis00]

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?

In order for this project to increase its price, they have to cut its total supply as other projects did. But if they do nothing, we can never expect to reach it at $1, even $0.1 is still impossible.

I won't say it was not a good project to invest but remember it was a meme coin - you already know the consequences it brings you back if you invest in them. I'd rather invest in Solana as I could feel confident with this project than risking to Shiba Inu. I can't afford to put something in which I have no trust and the question OP if you have?

[Yatsan]

Been asked inside and outside this forum multiple times. Shiba Inu has the potential to atleast recover half of its market ATH but no one would be certain of it simply because of its utility issues. Its market price is solely dependent with demand which would make sense to say that its price won't be back to its previous ATH if majority won't want to. This is the downside of meme tokens and other tokens without utility. Tokens with good utility will atleast be able to endure bearish market simply because there will still be a demand to platforms wherein that particular token is being used. So if it is a broad potential, then ofcourse it has. But if opinionated chances, I really doubt. Maybe waiting for the next bullrun will be the key.

[poodle63]

When you look at the current value of shiba inu, if it were to reach a dollar, it would be a rise like we've never seen before. I think it's almost impossible. but you never know what's going to happen tomorrow. but it's certainly not going to happen in the short term.

even long term it would be difficult, because the market capitalization simply would surpass even the number 1 coin that is btc if this coin is gonna reach that much of price increase. the money needs to come from somewhere and I don't think shiba will ever reach that much value.
even though we know that sometimes meme coin could do things that's considered difficult for ordinary coin, but I think this one simply not gonna be happening.

[Psynthax]

it's like asking for fortune telling, no one knows if meme coin like shiba could ever reach that mark, for all I know meme coins always have 50:50 chance of either rising or just become dead coins, I think shiba with community that's large enough could at least get back to its standing like before bearish when bullrun finally comes, but the thing is, we don't know for sure if coin with no utilities like shiba could ever getting its former glory, I'd say we didn't even have idea whether meme coin trend would still going in the future.

[Bazzu]

looks like the shiba inu will be tough any time soon for a dollar,
but in my opinion shiba inu has good potential for the future, but what is certain is that it will be difficult to go to 1 dollar, but of course no one can predict the price of shiba inu for the future.
but i said shiba inu has a good future because i saw the ranking of shiba inu in cmc.

[Silberman]

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?

This is one of those things that will not happen, at least with the economy on its current state, this will require almost a 91000x growth for Shiba and it will have a market cap of 627 trillion dollars, the whole market of cryptocurrencies is barely above one trillion at the moment so I hope this helps you to realize how difficult it is for such a thing to happen, still despite how unlikely this is I believe this is a question that is probably going to be asked a lot during the next years.

[ethereumhunter]

Getting to a price of $1 in the next bull run is likely to be impossible or difficult for the Shiba Inu because with the supply levels and current prices, it's too much for the Shiba. Maybe $0.00001 or $0.0001 is still achievable for Shiba but it might still be hard for Shiba. But we don't know what will happen because it could happen, especially if there is more support for Shiba, especially from the big investors.

[Strongkored]

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?

If that happens then I will have millions of dollars in assets or maybe tens of millions of dollars and the market capitalization of the Shiba Inu will be able to pass Bitcoin which is certainly very unlikely to happen not only in the near future but also for the next few years.
I think the Shiba Inu will be able to provide a big profit for the holder if it can make the number zero after the comma decrease by 2,3 or even 4 so that the price becomes $ 0.1.
Good or not for an investment will always be a mystery because it will be good when the investor has made a profit.

[Dr.Osh]

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?

if we consider Shiba inu in terms of price, supply, and community, even if the price of the pump is getting very high, I don't think the Shiba Inu will ever reach the $1 mark. Even reaching $ 0.01, that's would be very difficult.

I suggest not speculating too high on this coin. If you want to take advantage of it, that's fine, but expect the price of a shiba inu to reach $1, it will be frustrating. So far, Dogecoin is a meme coin that has almost reached $1, it happened because of the hype by Elon Musk, and it didn't last long.

However, there are still quite a number of people investing in this coin. mostly they do the supply and then forget about it. it might be better when it see in the next few years. It is still an investment that many people choose. however, the risk is still high.

[masulum]

However, there are still quite a number of people investing in this coin. mostly they do the supply and then forget about it. it might be better when it see in the next few years. It is still an investment that many people choose. however, the risk is still high.

However, supply is sometimes not a concern. If in the past we wanted to focus on buying coins on how much supply, now this is not so applicable. Most new trdaers choose to look for instant profits, not from supplies. Indeed, with the current supply of SHIB, it is almost impossible for SHIB to reach $1, but if burning is done consistently to reduce supply, this supply problem may be resolved in the future and bring SHIB prices to be better. Or redenomination by reducing the amount of supply, for example 1000:1, this will also have an effect on the price later. We never know what this supply will be like. To be sure, the development of SHIB is still ongoing, this can be a consideration for people who want to invest in tokens at low prices.

NFA/DYOR/DWYOR

[Orange89]

My opinion it's really tough for the Shiba to reach 1$ the supply is huge,the team needed to add a lot of money to add make that reach to the mark
So if we check it's all time high something 0.000026$ but definitely their are many positive thing remember Shiba inu is not the first meme token they don't have their own blockchain also, i think it can't even reach 0.01$ for now but i am still holding about 50$ of shiba that i purchase last year but these is volatile Crypto anything maybe possible, so invest what you afford to lose

[zaki12]

I think the Shiba Inu is literally hopeless. This coin can't even search for a penny unless more than 300 trillion are burned and adopted en masse.
500 trillion coins, so for a Shiba Inu to reach one dollar, its market capitalization would be 500 trillion dollars. People there don't even have 500 trillion dollars in circulation.

[tvplus006]

Can shiba inu ever get to $1 in the next bull run or more years to come?..

Considering the fact that Shiba Inu continues its campaign to burn toxins, which should lead to a decrease in Circulating Supply, and this, according to the laws of the market, should lead to an increase in the price of the coin. But we will not see an increase in the price of Shiba inu to $1 in the near bull market, since Circulating Supply should decrease by at least 1000 times.

[ningrum]

Can shiba inu ever get to $1 in the next bull run or more years to come?..

Considering the fact that Shiba Inu continues its campaign to burn toxins, which should lead to a decrease in Circulating Supply, and this, according to the laws of the market, should lead to an increase in the price of the coin. But we will not see an increase in the price of Shiba inu to $1 in the near bull market, since Circulating Supply should decrease by at least 1000 times.

Of course we want to see the price of Shiba inu increase but indeed we can't really expect that to happen in the near future,
what is clear is that you definitely need patience to wait for this,
it will be interesting to see the development of the Shiba inu in the future.

[Jackl87]

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?

As others in this thread have already mentioned, it is literally impossible for Shiba Inu to ever reach the price of 1$ per token. If i am correct with my math then it would need another x100000 from here on in order to reach a price of 1$ per token. This would mean though that the market cap of Shiba Inu would probably be higher than the total wealth of this planet. So there you have it, there is no way that Shiba Inu will ever reach the price of 1$.
In addition to that, i also think that it is generally no good move to invest into Shib. The time of useless meme-coins is over in my opinion and the longterm trend for Shiba Inu will also be downwards in my opinion, but of course that is just my personal opinion.

[swogerino]

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?

As others in this thread have already mentioned, it is literally impossible for Shiba Inu to ever reach the price of 1$ per token. If i am correct with my math then it would need another x100000 from here on in order to reach a price of 1$ per token. This would mean though that the market cap of Shiba Inu would probably be higher than the total wealth of this planet. So there you have it, there is no way that Shiba Inu will ever reach the price of 1$.
In addition to that, i also think that it is generally no good move to invest into Shib. The time of useless meme-coins is over in my opinion and the longterm trend for Shiba Inu will also be downwards in my opinion, but of course that is just my personal opinion.

It does not look like downwards but most likely because we are seeing some sort of Bitcoin recovery as the price has hit well over 23.000 dollars again now and I am seeing the gas fees of ETHW are on the rise so something looks like happening in the market.If this keeps the steam and Bitcoin price goes like has gone in the start of 2023 I am hopeful we can see the next bull run much earlier than 2025 and as such we can see a good recovery of the SHiba Inu also,I am also not expecting it to rise to 1 dollars as that would be impossible on market cap but even 0.01-0.10 is a huge achievement as it can change the lives of those who have invested in this coin.