Post
Topic
Board Speculation (Altcoins)
Re: Will Shiba inu get to $1
by
X-ray
on 23/09/2024, 07:19:33 UTC
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?
With the circulation of shiba inu exceeding billions of coins, reaching $1/shiba is impossible, but there are several ways for shiba inu to reach $1, namely by burning 70% of its token circulation and then working with influencers to shilling shiba inu. If these two things can be achieved, then shiba inu has great potential to reach $1 per token.

That would be a hell of a task Grin
Interesting to see how the situation will go, but it's really unlikely, to the point of impossible, you are right.
I'd bet that the possibility of NEIRO reaching shiba inu market cap is higher than the chance of shiba inu burning the 70% of its total supply Grin.
people need to figure out that when coin like shiba inu is reaching this stage where the coin is so famous that the number of holder is reaching  1.4 million based on onchain wallet (disregarding exchange hot wallet most likely) and 40% of total supply is already burned and sent to null address, 70% total supply burning is nothing but a fleeting dream Grin.