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Author Topic: Will Shiba inu get to $1  (Read 2666 times)
OrangeII
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June 21, 2024, 12:15:27 AM
 #301

I just checked SHIBA INU price is $0.000018. Its price is almost impossible to hit $1. Because the popularity of memecoin does not last very long. New memecoins are coming to the market frequently. As much as SHIBA INU pumped last bull season I think it will never pump again such. So we should choose coins by analyzing the current market without unrealistic expectations.
Well, if we look at the current situation, I don't think Shiba Inu can reach $1. However, the price is too high, and the supply is very large, moreover this coin is still one of the Memecoins. In fact, Doge coin, which has more popularity and support than Shiba, was unable to reach the price of $1 at a time when the price had just reached a new ATH. We don't know what will happen in the future, but looking at the current situation, it is very difficult to conclude that Shiba Inu can reach $1.


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Jose Mourinho
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June 21, 2024, 07:54:09 AM
 #302

I think it is very difficult for Shiba Inu to reach a price of $1 because remembering that Shiba Inu is only a memecoin whose growth really depends on trends, especially now that there are so many new Memcoins being created whose popularity is much higher than Shiba Inu, of course As time goes by, Shiba Inu will sink further with the popularity of new memecoins.

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saladin7000
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June 21, 2024, 09:37:09 AM
 #303

If you look at the current market situation where the Shiba Inu price is very far from the OP's target, namely $0.00001783, I think Shiba Inu will not be able to reach $1 in the future, and Shiba Inu will even sink further as time goes by, because currently there are many very promising new memcoins with very large popularity.

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devil-soul
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June 21, 2024, 10:16:50 AM
 #304

Strangely, shiba inu is an altcoin/meme that many like but i don't think it will reach $1. The current value is ultimately smaller, let's say dreaming in a few decades?

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d3nz
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June 21, 2024, 11:58:53 AM
 #305

If you look at the current market situation where the Shiba Inu price is very far from the OP's target, namely $0.00001783, I think Shiba Inu will not be able to reach $1 in the future, and Shiba Inu will even sink further as time goes by, because currently there are many very promising new memcoins with very large popularity.

I agree, and Shiba Inu is just a meme coin for whales if they want to take the bait for traders if they will put a lot of volumes on it. Investing in this kind of altcoin is really to have easy money but it's risky if the price will not go up when you buy it below the price which obviously you will just hold it for a very long time.


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