Quote from: FortuneFollower on September 30, 2024, 07:17:25 AM

Quote from: wheelz1200 on September 29, 2024, 03:55:35 PM

Quote from: martinex on September 29, 2024, 03:34:42 AM

Quote from: wheelz1200 on September 28, 2024, 07:57:12 PM

If you think the US financial system will collapse in our lifetime I don't know what to tell you. The world's reliance on the dollar alone will prop it up at a minimum. It's almost too big to fail. And even if it does collapse why would people put their money into memecoins? Lol nobody actually uses memecoins. If they want to use crypto they use bitcoin, period. All these other projects are fed by the greed of people who want to get rich quick.

That's right Sir. I belief, Those with large funds don't have time to focus their money on uninteresting coin investment instruments, BTC is still the top priority if he buys it, it's like the remaining book foot in his fiat savings account to buy.

My view on the question from the Op above Will Shiba Inu reach $1? my answer is maybe it can but it will take about 8 years from the initial listing and if the owner continues to develop and increase their partnerships.

I don't think you understand the supply of a coin and it's tie to unit price. There is simply just too much supply to ever even come remotely close to $1. Put it this way, if shib got to $1 it singularly would be worth more than the entire worlds fiat COMBINED, meaning there isn't enough physical money even in existence to cover $1 shib. The fact that people don't understand this and still think there is a shot, then I think they need to get back to economic basics before playing in the crypto sphere.

I've heard that there are around 300 trillions of $ in fiat, and the supply for Shiba is 598T, approximately, so, yeah, it would be madness and it won't happen in our lifetimes, nor in the afterlife, I imagine Grin

It is never possible for Shiba Inu Coin to amount to 1 dollar, because if Shiba Inu Coin reaches 1 dollar then the unique market will skyrocket. So the price of Bitcoin must be several million dollars and its market cap must be much more, so it is not something we should imagine. So I think it is best to stay away from all these thoughts as it is most difficult in the present situation.