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Author Topic: Will Shiba inu get to $1  (Read 4255 times)
JANUS23
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February 01, 2023, 08:59:46 PM
 #61

No it wont. It just simple tokenomics knowledge that you need, with the amount of tokens available, its almost impossible for it
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February 01, 2023, 09:41:16 PM
 #62

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?
Nothing is impossible for a project that really has potential but in this case, Shiba Inu doesn't have it. But it was not how the market works, we can still make a profit in a project that has a low market value. However, choosing Shiba Inu is not a wise choice this time. Not because it was a meme coin but it is because of its low performance after the hype. A project build in the hype and just pumps due to manipulation, that project will never stay long in the market but soon to collapse and die.

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February 01, 2023, 09:58:56 PM
 #63

No it wont. It just simple tokenomics knowledge that you need, with the amount of tokens available, its almost impossible for it
Unless they burn a lot of their token supply that it will corresponds to their current market cap, Shiba Inu will never ever reach the $1 mark. I don't know what others are thinking that a meme coin will ever reach that height, not even in a decade. Even in the next bull run I don't see the potential that it will reach on that point.

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February 01, 2023, 10:15:38 PM
 #64

It is practically unavailable for shine inu to get to $1 since a lot of liquidity will be needed to get on to that value, but ultimately it's an impossible mission and prediction that I will not advise anyone to be involved in such speculation of asset that has very low value.
* for shine inu to reach $1 the market cap, will reach billion of dollars for that to happen and that is quite a lot of money.

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February 01, 2023, 10:18:47 PM
 #65

I'd only believe shiba could ever reach $1 only if they could somehow decrease their supplies and just left 20% of its current supply, honestly it doesn't matter how good the meme coins are if the supplies and price is rather unrealistic it would never ever reach that mark.
moreover there's also chance that other meme coins might take over shiba inu in the future so I'd say the chance is slim that it could ever reach that mark.



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February 01, 2023, 10:29:27 PM
 #66

I'd only believe shiba could ever reach $1 only if they could somehow decrease their supplies and just left 20% of its current supply, honestly it doesn't matter how good the meme coins are if the supplies and price is rather unrealistic it would never ever reach that mark.
moreover there's also chance that other meme coins might take over shiba inu in the future so I'd say the chance is slim that it could ever reach that mark.
They could just burn the 20% to 30% of the current supply to make the price move up but they didn't maybe they have other plans on this coin. Although, all of these memecoins are almost the same they are just being hype to make the price pump but once it gets there — there's a tendency that most of the holder/investors will just dump most of their coins.

It's just getting a lot of attention because of its name plus Elon Musk did invest on that coin that's why it's pumping up but since it's a bear market it hasn't drawing some attention yet, perhaps when this Bull run come it will change.

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February 01, 2023, 10:39:47 PM
 #67

sounds like something straight out of dream honestly if the price of shiba inu $1 then it'd be having market capitalization of $549,063,278,876,302 considering current total supply.
you better off investing in shitcoins and some other random meme coins and wish for some multiple folds increase because this have better chance of happening.

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February 02, 2023, 12:43:05 AM
 #68

* for shine inu to reach $1 the market cap, will reach billion of dollars for that to happen and that is quite a lot of money.

No, if Shiba Inu reaches the value of $1, the Market Cap will be almost 550 trillion dollars, since the Circulating Supply is equal to 550 trillion dollars. And given the fact that the Market Cap of the entire cryptocurrency market is $1 trillion, we understand that the price $  for Shiba Inu is simply unrealistic.

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February 02, 2023, 12:16:35 PM
 #69

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.
But for the case of SHIBA INU then I don't think it's going to happen anytime soon. Even compared to Dogecoin, SHIBA INU isn't anywhere close to Dogecoin in terms of ATH where Dogecoin was at $0.55 for the peak compared to SHIBA that was $0.000079 which is really sad to see that. Unless someone influences the existence of SHIBA then I don't think it will happen.

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February 02, 2023, 12:30:30 PM
 #70

~
Now that you mentioned it also as well. Doge did not even reach $1. It kinda reached half of it back 2021 according to CMC historical data. Considering that SHIBA is like a copy of Dogecoin, I would not even count SHIBA reaching for even half a dollar just like I mentioned previously in here.

Even by hard influences to SHIBA, I highly doubt. It takes surely an unrealistic optimism to have that kind of thing to happen.
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February 02, 2023, 01:15:29 PM
 #71

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?

Your opinion is correct, now if you should invest here, in my opinion, it depends on you, if you also believe in SHIB, invest and if you doubt it, don't invest.

  As for me, I will still invest in SHIB, because maybe the big companies that have partnered with SHIB will not invest if it does not have a good future potential. Also, according to my knowledge, it doesn't happen every day, but it may happen often in terms of burning. Then many native tokens under SHIB also have the potential to provide profit in the future, such as Bone, Shibarium, and others.

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February 02, 2023, 05:05:10 PM
 #72

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?

Sometimes we cannot underestimate low value crypto like shiba inu. basically shiba inu is a memecoin that continues to be developed so that it has a large community and the presence of many investors within shiba inu and allows shiba inu to continue to move in the market with attractive values.

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February 02, 2023, 05:53:10 PM
 #73

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?
shiba inu will be of fantastic value for the foreseeable future, but for a price of 1$ I don't think it is possible but only up to 0.01$. to invest I think shiba inu is worth holding for a long time

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February 02, 2023, 06:38:13 PM
 #74

don't you see how much shiba supply there is and just imagine if it's worth $1 how much money to push it to that price you better wake up from your sleep go to work and just buy more shiba

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February 02, 2023, 06:45:48 PM
 #75

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?
shiba inu will be of fantastic value for the foreseeable future, but for a price of 1$ I don't think it is possible but only up to 0.01$. to invest I think shiba inu is worth holding for a long time
It can be a good choice for generating profit but I don't expect $0.01 from Shiba Inu. It has huge supply but we have to remember it is a meme coin. Besides there is no exceptional use case of Shiba Inu. If team burn tokens and work for different perspective then it can give good amount of profit in future.
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February 02, 2023, 10:47:48 PM
 #76

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?
shiba inu will be of fantastic value for the foreseeable future, but for a price of 1$ I don't think it is possible but only up to 0.01$. to invest I think shiba inu is worth holding for a long time
^It is all hyped before, but now it is over.
Hyped coins really will make a huge impact in the market and becomes a trend due to the high price, but when it is over, it is nothing.
What do you expect from this coin? There is no real use or utility and it should not exist. But luckily, there are people still holding this coin and believed that it will be grown in the future. But for me, it is just wasting of money and time.
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February 02, 2023, 11:05:32 PM
 #77

don't you see how much shiba supply there is and just imagine if it's worth $1 how much money to push it to that price you better wake up from your sleep go to work and just buy more shiba
yes the total supply make it seems like some people that think it would reach $1 seems like they are delusional, honestly there's always chance of reaching that high of value but of course it's gonna takes up tremendous effort, even doge that has all the supports from one of the richest man in the world added with large communities couldn't even reach that market capitalization.



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BitcoinPanther
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February 02, 2023, 11:28:27 PM
 #78

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?

It is hard to tell what the future lies but at the current state, it is a big No.  Dogecoin which is more popular has yet to achieve a $1 market price so it can be easily say taht there is a very slim chance of Shiba Inu to get $1.

don't you see how much shiba supply there is and just imagine if it's worth $1 how much money to push it to that price you better wake up from your sleep go to work and just buy more shiba
yes the total supply make it seems like some people that think it would reach $1 seems like they are delusional, honestly there's always chance of reaching that high of value but of course it's gonna takes up tremendous effort, even doge that has all the supports from one of the richest man in the world added with large communities couldn't even reach that market capitalization.

Shiba has fix supply as far as I remember but it is too big so it needs a huge capitalization in order to get to $1.  With 500k+ trillion supply, even with burning mechanism I still can't imagine how can Shiba Inu get to $1 but probably when a huge group of crypto pumper to pump it really hard.
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February 02, 2023, 11:37:23 PM
 #79

* for shine inu to reach $1 the market cap, will reach billion of dollars for that to happen and that is quite a lot of money.

No, if Shiba Inu reaches the value of $1, the Market Cap will be almost 550 trillion dollars, since the Circulating Supply is equal to 550 trillion dollars. And given the fact that the Market Cap of the entire cryptocurrency market is $1 trillion, we understand that the price $  for Shiba Inu is simply unrealistic.
this is true and this is the point why so many are calling it unrealistic, for shib in reaching that $1 mark it gonna needs to eliminate quite literally all other alts in existence with current total valuation of cryptocurrency since bitcoin alone already has half of the market total supply meaning it has about 50% of market dominance.
other scenario is when the market capitalization of cryptocurrencies are growing vastly but of course that means it still gonna be shared among the other alts since shib isn't the only altcoin that exists.

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February 03, 2023, 03:35:44 AM
 #80

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?

Of course being 1$ is impossible especially at the current price for me it is very difficult for shiba to reach that price unless every year the supply of Shib is burned 50% per year in my opinion it is more possible than waiting for the price to become $ 1 from mass adoption from both retail and institutional investors.
I haven't found a utility or technology used by shiba as a crypto coin besides being a funny coin and following the hype, even though basically the community is large and the ecosystem is starting to form but other than that what else can be taken from the technology?
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