Well it seems meme season is all over again but let me just say I dont like meme coin but hey it brings money and if you catch it quickly then congrats on added cashes but seriously it makes crypto look childishly crazy but again some people are crazy meme followers so yeah if catch an early train I might hop in with experimental bag and ride with hopes of reaching the promised meme lands
like the answer I will write now. nothing impossible can happen to cryptocurrencies. Why do I think like this? I have opinion, not based on an analysis of the SHIBA coin. but is based on the nature of the cryptocurrency itself, which is volatile, over time..so what is not imposible,mate
Yes, actually there are things that are impossible in crypto because there are factors that cannot be overcome, just like the laws of physics here on earth. We're talking about massive amounts of capital to sustain a price range that makes no sense, a max supply that is so large (currently) that it dwarfs dogecoin, and so there's really no comparison to be made to the original meme coin. I'm sure the great shib community will work diligently to raise the price but ultimately it's not in their control, it's the organic market that will determine the price. Informed and experienced traders know they can profit from the hype, but I agree, it diminishes the credibility of blockchain and crypto as a whole because it attracts the wrong kind of attention from people who want to regulate in the name of "protecting" people from losses. It's wise to go into crypto with the mindset that you are responsible for everything and anything that happens. Shiba will not go to .01 in its current form. It's always possible that it may become something unrecognizable from today, which is why I say anything is possible but not probable, but then shib will not be shib as we know it. I will admit it's a fun topic to discuss and can be generalized to all meme coins. I have some shib myself. Hopium doesn't take into account any factors but hope itself. The volume, liquidity, hodlers, traders, thousands of alternative coins, bitcoin, ethereum, all this capitalization cannot be ignored.