Post
Topic
Board Speculation (Altcoins)
Re: Is it possible for SHIBA INU to reach 0.01$?
by
livingfree
on 07/10/2021, 21:32:14 UTC
Cute question but the probability is very unlikely. This would be approximately a 60,000% increase.  The market cap for the current circulating supply would swell to something like $5,400,000,000,000...5.4 trillion dollars? That's a large chunk of the money currently on earth. Unless a lot of Shiba is burned, this isn't probable, but who knows, anything is possible.
It is the reality that shib holders must take.

The probability of seeing shib reach $0.01 is very unlikely or should we say that even if there is a chance, it's very low chance to see it.

It's another meme and if there's an actual development for it, they'll find a way to reduce the supply.

Agreed, its hard to be seen.
Also if theres an idea of actual development, i bet the developer would make a new project instead of creating it on top of Meme project.
Well.

That's very likely that the devs will choose to have a new project and develop it. But it could also be chosen as their main project and just develop it because it's already popular.

People tend to be brought up by such hype at most times.