Post
Topic
Board Speculation (Altcoins)
Re: Will Shiba inu get to $1
by
wheelz1200
on 29/09/2024, 15:55:35 UTC
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.