Post
Topic
Board Speculation (Altcoins)
Re: Will Shiba inu get to $1
by
Akbarkoe
on 20/10/2024, 22:28:41 UTC
Shib has a burning mechanism thats helps reduce tokens out of circulation, but since supply is too huge in shib it take years before we see a massive effect on this meme token, good to hold in my opinion and forget it for years, who knows $1 will be achieve someday.

Shiba Inu Coins currently have the highest supply of coins, so it is not possible for Shiba Inu Coins to be one dollar at this time.  Because it still has a price after a few zeros, now if the price of this coin increases, there will be a unique massive pumping.  So I don't guarantee a dollar wind.  If it was a dollar, other coin investors would have been more attracted and those who had already invested would have invested more.

Although SHIB has a large community but it seems that some of them switched to other projects then the burning system is good but the sad thing is that SHIB is not the main token in the Shiba Inu ecosystem and that's what makes this SHIB token not so interesting because the burning is done when there are transaction fees coming into them, if you want a faster burning then what needs to be done is to increase the number of users who are active in their ecosystem it will greatly help the burning faster, but to see $SHIB reach $1 is too delusional. LOL