Post
Topic
Board Altcoin Discussion
Re: Will Shiba inu get to $1
by
Abiky
on 10/07/2024, 12:48:07 UTC
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