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Author Topic: Will Shiba inu get to $1  (Read 3067 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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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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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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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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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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July 08, 2024, 04:54:48 PM
 #306

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?

There's only one way that could happen. And that's if Bitcoin turns extremely-bullish and the USD loses value big time (inflation). Shiba Inu would most likely breach the $1 milestone, while Dogecoin will go all the way to $2 and above. But there a slight chance this will become a reality, especially when the USD is still going strong. BTC will "pump", but "meme" coins will struggle to reach $1. Perhaps, we'll be dead by the time SHIBA goes all the way to glory.

For what I know, investing in "meme" coins is a gamble (pure luck). You'll be much safer with Bitcoin and Ethereum. Why risk it all into something that could easily go all the way down the drain in an instant? We don't even know if Shiba Inu has a future. It's fairly new to the scene, compared to its much older counterpart, Dogecoin. I'd be surprised if SHIBA survives another 10 years in crypto land. Tongue

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July 08, 2024, 11:20:21 PM
 #307

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?

There's only one way that could happen. And that's if Bitcoin turns extremely-bullish and the USD loses value big time (inflation). Shiba Inu would most likely breach the $1 milestone, while Dogecoin will go all the way to $2 and above. But there a slight chance this will become a reality, especially when the USD is still going strong. BTC will "pump", but "meme" coins will struggle to reach $1. Perhaps, we'll be dead by the time SHIBA goes all the way to glory.

For what I know, investing in "meme" coins is a gamble (pure luck). You'll be much safer with Bitcoin and Ethereum. Why risk it all into something that could easily go all the way down the drain in an instant? We don't even know if Shiba Inu has a future. It's fairly new to the scene, compared to its much older counterpart, Dogecoin. I'd be surprised if SHIBA survives another 10 years in crypto land. Tongue

There's not one chance in the world shib gets to $1.  Do you follow market cap?  I don't actually think there is enough fiat in the world to actually even lush shib to  a dollar even if everyone took every last dollar they had and threw it in on shib.  This thread is somewhat of a joke, it has to be.  If people don't understand the simplest of things like supply then you probably shouldn't be putting your money in on crypto.

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July 09, 2024, 04:09:01 AM
 #308

Well we still do have alot of time to go when we will see price point of $1 for the meme coin. And now the devs making their first public appearance.
I do think more investors want to see who they are investing in. And who is in the persons behind these projects.
https://coinstats.app/news/13971583cca6083d009138846b7f135ea3d986e691055331b5be537086aa1a4f_Shiba-Inu-Founder-Makes-First-Ever-Public-Appearance/ 

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July 10, 2024, 02:53:10 AM
 #309

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 seems unlikely to me as we have currently seen Bitcoin's price increase a lot but Shibinu value has not increased much. And this coin though it is possible to go to good position in future but I think it is very difficult to touch 1 dollar. As investing in this coin you can get good profit if you hold for a long time but it is unlikely that its price will enter 1 dollar. But I can expect that after a few years in the bull run its price can enter $0.01 and if it enters here too, various investors will reap huge profits from here.

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July 10, 2024, 07:16:34 AM
 #310

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.

The 1$ each for Shiba Inu can really happen, but it seems like it will take a long time before that happens. Maybe in the bull run we are facing right now, the only possible price value
it can reach depends on the ATH that Bitcoin will reach in the market; it can be as much as 0.0003$ up to 0.003$. SHIB can be ATH this bull season, in my opinion.

But at the end of the day, no one really knows what SHIB's price can be reached in the market because it is known that the market is very unpredictable.

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July 10, 2024, 08:22:40 AM
 #311

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?

There's only one way that could happen. And that's if Bitcoin turns extremely-bullish and the USD loses value big time (inflation). Shiba Inu would most likely breach the $1 milestone, while Dogecoin will go all the way to $2 and above. But there a slight chance this will become a reality, especially when the USD is still going strong. BTC will "pump", but "meme" coins will struggle to reach $1. Perhaps, we'll be dead by the time SHIBA goes all the way to glory.

For what I know, investing in "meme" coins is a gamble (pure luck). You'll be much safer with Bitcoin and Ethereum. Why risk it all into something that could easily go all the way down the drain in an instant? We don't even know if Shiba Inu has a future. It's fairly new to the scene, compared to its much older counterpart, Dogecoin. I'd be surprised if SHIBA survives another 10 years in crypto land. Tongue

There's not one chance in the world shib gets to $1.  Do you follow market cap?  I don't actually think there is enough fiat in the world to actually even lush shib to  a dollar even if everyone took every last dollar they had and threw it in on shib.  This thread is somewhat of a joke, it has to be.  If people don't understand the simplest of things like supply then you probably shouldn't be putting your money in on crypto.
Imagine seeing the supply of Shiba Inu and how people think about if there's possibility for this meme coin to pump at $1.

Quote
Circulating supply 589,270,822,026,574 SHIB

Total supply 589,519,289,946,662 SHIB

It provably need a lot of money to come and if the whole of attention of people will goes to this meme coin and all the volume of top coins will goes to them then maybe there's a less chance that price will happen.

But its seems its really impossible to come and price of Shiba Inu will just play at current figure where we currently see. If there would be a pump will come to it I think this might be not big as other people think.

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July 10, 2024, 08:31:51 AM
 #312


The 1$ each for Shiba Inu can really happen, but it seems like it will take a long time before that happens. Maybe in the bull run we are facing right now, the only possible price value
it can reach depends on the ATH that Bitcoin will reach in the market; it can be as much as 0.0003$ up to 0.003$. SHIB can be ATH this bull season, in my opinion.

But at the end of the day, no one really knows what SHIB's price can be reached in the market because it is known that the market is very unpredictable.
Quite bold statement honestly in saying that $SHIB could really reach $1 in my opinion it's pretty much impossible because let me elaborate here



If you see from the screenshot above you can easily notice that at this current price of $0.00001661 the market capitalization is already so huge literally $9 billion and that for a meme coin with no real use is already too overly inflated in my opinion.
just imagine a shiba inu with $1 price the market cap will be $500 trillion++ which is 500 trillion just for a meme coin alone it easily top gold that just valued at $15 trillion, knowing that till this date no altcoin ever surpass the BTC market cap, i say it's very unlikely.

the only way for $SHIB to ever reach the price of $1 is by reducing its total supply by significant margin, otherwise it's just a fleeting dream.

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July 10, 2024, 12:48:07 PM
 #313

There's not one chance in the world shib gets to $1.  Do you follow market cap?  I don't actually think there is enough fiat in the world to actually even lush shib to  a dollar even if everyone took every last dollar they had and threw it in on shib.  This thread is somewhat of a joke, it has to be.  If people don't understand the simplest of things like supply then you probably shouldn't be putting your money in on crypto.

I've said before that inflation would most likely drive SHIBA's price to $1. That means the USD losing value big time, my friend. It's the only way a worthless "meme" coin can reach $1. On its own, it'll have a hard time doing so. Especially with the huge number of coins in circulation. When you have too much of something, it will become worthless in the long run.

Maybe developers would like to make SHIBA scarce by burning tokens or removing them from circulation? If they do, SHIBA will go all the way to the moon. Until then, don't count on Shiba Inu as a good long-term investment. Bitcoin is a better option. People just believe what they want to believe, though. If they think Shiba Inu will make them rich, who are we to judge them? Cheesy

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July 10, 2024, 05:26:30 PM
 #314

considering that the development of cryptocurrencies from time to time is increasingly developing and it cannot be denied that new memecoins will emerge like now, of course carrying better technology than previous memecoins, this is what makes me doubtful and not sure whether shiba inu will continue to grow and be able to reach $1 in the future,

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July 10, 2024, 05:59:35 PM
 #315

considering that the development of cryptocurrencies from time to time is increasingly developing and it cannot be denied that new memecoins will emerge like now, of course carrying better technology than previous memecoins, this is what makes me doubtful and not sure whether shiba inu will continue to grow and be able to reach $1 in the future,
Even with or without the emergence of new memecoins in the market, it's very unlikely that Shiba Inu will get to $1. While some comparison might go with dogwifhat, another memecoin. The supply of it is way far from Shiba Inu. I don't want to be pessimistic with memecoins.
But people need to see how much and how large the difference of these projects from the supply limits that they have. Dogecoin does even have an unlimited supply and that's why it won't be reaching $1 anytime soon. It was so close for the past bull run as that time IIRC, has reached $0.7. A few cents away but it fell shortly and didn't happen and take note, that's thanks to Elon Musk's shilling moments.

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July 10, 2024, 06:17:39 PM
 #316

There are many other coin markets like shiba inu that investors are expecting a lot of coins. The expectation of the investor is that they will invest ten dollars or 20 dollars or 100 dollars in all these coins and the value of these coins will suddenly increase hundreds of times and they will get a lot of profit. We can expect the shiba inu to reach one dollar but it is very difficult. We may have to wait a long time to see this and after a long time it may be seen that this coin is not able to touch this milestone. But if we have the ability, then we should invest some amount of money in some of these related coins, maybe if luck helps, we can get a good amount of profit from here.

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AXIOMA
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July 10, 2024, 06:56:19 PM
 #317

if we look at the current price of shiba inu which is still very low, and considering that the supply of this memecoin is said to be very large or even unlimited, then it is very unlikely that shiba inu will reach $1, and for crypto users who are still holding it or who just want to invest it, don't too hopeful that the price of Shiba Inu will rise higher or reach $1 in the future,

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July 10, 2024, 09:16:12 PM
 #318

It's a capital NO, don't get too excited or attached to a coin such that it makes you think so high of it doing a outrageous figure. Things don't work that way. You should rather work on how to take profit when you see one. Looking at the market cap alone will tell you it's not possible.
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July 11, 2024, 10:32:05 AM
 #319

if we look at the current price of shiba inu which is still very low, and considering that the supply of this memecoin is said to be very large or even unlimited, then it is very unlikely that shiba inu will reach $1, and for crypto users who are still holding it or who just want to invest it, don't too hopeful that the price of Shiba Inu will rise higher or reach $1 in the future,
Yes, it is difficult to think in that direction to climb to a higher level, the process takes quite a long time, as with Shiba Inu, I think the price of Shiba Inu will not reach $ 1 in the near future and far from predictions, it seems like the most crucial times for crypto currencies However, Shiba Inu maintains itself as an excellent choice for crypto investors as the Shiba Inu market would need to be several times higher than Bitcoin's value to achieve that but it seems unlikely to happen.

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July 13, 2024, 12:15:01 AM
 #320

It's a capital NO, don't get too excited or attached to a coin such that it makes you think so high of it doing a outrageous figure. Things don't work that way. You should rather work on how to take profit when you see one. Looking at the market cap alone will tell you it's not possible.

Market cap? More like circulating supply to me. There are over a billion of SHIBA in circulation. That's what makes it worthless. Not to mention, the token itself is a "meme". In other words, it's a pure joke. Even Dogecoin's creators said DOGE was nothing but a joke. You can't take "meme" coins as serious investments. Only if you're a fool or newcomer into the world of crypto. W

hat will make the rise possible to $1, is the non-stop devaluation of the US Dollar (hyperinflation). But it won't matter, especially when the whole world will be concerned of the rising cost of living. There's really no way to get rich out of Shiba Inu. The lucky ones were those who bought SHIBA since launch. Just buy Bitcoin, and forget about the rest. Wink

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