Quote from: wheelz1200 on July 08, 2024, 11:20:21 PM

Quote from: Abiky on July 08, 2024, 04:54:48 PM

Quote from: devil-soul on June 21, 2024, 10:16:50 AM

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.