Post
Topic
Board Speculation (Altcoins)
Re: Will Shiba inu get to $1
by
wheelz1200
on 12/10/2024, 16:26:55 UTC
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.

But remember nothing is impossible in cryptocurrency.  If we look at Dogecoin we get an example of this.  We have seen Dogecoin being a shitcoin for the past few years but how fast the coin has progressed with the efforts of Elon Musk.  So I mean in this cryptocurrency world if something is impossible it doesn't take long to become possible.  If well some influencer can step forward with shiba inu coin and bring good updates then it might be possible.  But that may happen in 10-15 years if not now.

Shiba Inu Coins If you assume one dollar and buy it now, it will amount to one dollar in the future.  I won't say it's never possible, but even now if you can buy and hold it, it's definitely possible to make some profit.  Because bitcoin is in bull run season now only any coin will be pumping because when bitcoin is pumped, not all are pumped.  This way you can hold onto your coins and sell them to make a profit.


I can clearly say never.  If shib went to $1 the entire world economy will have to completely collapse.  There is too much supply and not enough money in the world to pump shib to a dollar.  The US dollar will have to become completely worthless with hyper inflation.  And in that world why woukd anyone flock to a coin that's built on a meme.  They will be scrambling to put any money they had in things that are solid and shib is not that.