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Author Topic: Will Shiba inu get to $1  (Read 2387 times)
irhact
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March 28, 2024, 05:25:57 AM
 #281

Don't be rediculous it can literally never reach $1.  There is not enough fiat value in the world to get it to $1.  People need to start looking at supply and marketcap..it's a real thing!  Anyone who thinks shib could ever reach a dollar doesn't know anything about economics.  For shib to reach a dollar it would have a marketcap of 580 Trillions dollars lol.  To put it in perspective shib would be worth 50× more than all of the gold in the world lol.

You also have to look at things with an open mind, tokens can be burn easily and the teams can decide to burn some of the supply of Shiba Inu. Exchanges can decide to burn tokens through using some part of the trading fees that they get from trading Shibu Inu to burn some tokens. It literally takes the decision of some top individuals to make Shiba Inu to become valuable. Binance exchange was burning Luna coin from the trading fees to reduce the supply, same thing can happen to Shiba Inu.

With the total supply of Shiba Inu, achieving the $1 mark looks impossible but things can be done and we might see it trading at $1 in the future. Nobody also believe Dogecoin will be trading at the price it's trading now. Don't doubt anything in the market as anything is possible here. Things don't work the same way they work in the real world as I have seen some individuals make impossible amount of profits.

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March 28, 2024, 10:18:43 AM
 #282

It is difficult for Shiba to achieve 1$ of cost in short time but if we talk about years then may be it attain such price after so many years because everything can happen after passing of years. In this Bull season I don't think that Shiba can go to 1$ but still its good investment option if we keep it for increase period of time.

Actually every coins cannot get huge price but still people choose these tokens for investment in hope that current price is lower so it can give them higher return but remember that every coin cannot go immediately higher but will takes years like that of Shiba inu.



 

 

 

 

 

 


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wheelz1200
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March 28, 2024, 09:47:34 PM
 #283

Don't be rediculous it can literally never reach $1.  There is not enough fiat value in the world to get it to $1.  People need to start looking at supply and marketcap..it's a real thing!  Anyone who thinks shib could ever reach a dollar doesn't know anything about economics.  For shib to reach a dollar it would have a marketcap of 580 Trillions dollars lol.  To put it in perspective shib would be worth 50× more than all of the gold in the world lol.

You also have to look at things with an open mind, tokens can be burn easily and the teams can decide to burn some of the supply of Shiba Inu. Exchanges can decide to burn tokens through using some part of the trading fees that they get from trading Shibu Inu to burn some tokens. It literally takes the decision of some top individuals to make Shiba Inu to become valuable. Binance exchange was burning Luna coin from the trading fees to reduce the supply, same thing can happen to Shiba Inu.

With the total supply of Shiba Inu, achieving the $1 mark looks impossible but things can be done and we might see it trading at $1 in the future. Nobody also believe Dogecoin will be trading at the price it's trading now. Don't doubt anything in the market as anything is possible here. Things don't work the same way they work in the real world as I have seen some individuals make impossible amount of profits.

Still no.  Exchanges aren't going to burn that many coins for "free" and the team isn't going to burn anymore either.  It literally can never get to a dollar, it's basic economics.  It would outpace all of the fiat in the entire world combined lol.  It's a memcoin that's basically useless.  I would be surprised if it's gets any higher from here to begin with.  Maybe if bitcoin bulls it can run a little but you are talking literally an insane number.  That's like me saying bitcoin can get to $1,000,000,000,000,000,000 because "you never know".

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Sophokles
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March 30, 2024, 07:45:12 PM
 #284

It is difficult for Shiba to achieve 1$ of cost in short time but if we talk about years then may be it attain such price after so many years because everything can happen after passing of years. In this Bull season I don't think that Shiba can go to 1$ but still its good investment option if we keep it for increase period of time.

Actually every coins cannot get huge price but still people choose these tokens for investment in hope that current price is lower so it can give them higher return but remember that every coin cannot go immediately higher but will takes years like that of Shiba inu.

With a massive 589T total supply, i don't think shiba inu is going to achieve such a milestone of 1$ even in the long run. This is totally unrealistic, even for bitcoin to have that marketcap so if anyone is expecting or predicting that shiba inu will touch $1, he has no idea about tokenomics. It can only be possible if team burns so much token from the supply to lower the circulating supply of the token. This will require massive funds to do, and this is unreasonable to think about as well for a meme coin.









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