Post
Topic
Board Altcoin Discussion
Re: A rumor about Shiba that is wrong
by
Jackl87
on 22/08/2021, 17:28:16 UTC
Some people have a one-dollar forecast for Shiba, which is impossible given the number of units available to Shiba.
So far, almost 300 trillion units of Shiba have been produced, which when the price of Shiba reaches one dollar, the financial volume of Shiba reaches 300 trillion dollars, which is unrealistic.

Everyone that says that the price for one Shiba inu token will be at 1 dollar someday is most probably just a desperate shiba inu holder that bought when the prices was 4 times higher as it is now and just desperately tries to push the price with his prediction. It would say that is is very unlikely that we even see 0.001 per shiba inu in the future because that would mean that we would see another x100 from todays price and that is just not achieveable in my opinion as shiba inu is just a meme-coin with no real use case and i don't think we really need another meme-coin next to dogecoin. If i had to guess than i would say it is more likely that shiba inu will go to 1/10th of its current price than increasing x10 from here on.