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[WeAllAreOne]

Hello All, Greetings !!

Shiba Inu token is a decentralized cryptocurrency which was created in August 2020 by so called person Ryoshi"
As per the cryptocurrency market expert Shiba coin is required to increase by 12,000,000% in order to reach the $1 target by the end of 2021
It looks not feasible in immediate and short to mid term duration to reach even .50 cents

But it s worthwhile to invest in this meme currency to gain beyond expectation in next 2-5 Year as per my personal opinion.
What's your opinion and suggestion regarding it ?

Thanks

 

[BullyMaguire]

There's a medium i read about whoever that created shiba how it was a scheme made for his own benefit, claims that the owner of shibainu was fortunate enough to cross paths with Vitalik in his travels; from there on they became friends. In learning one or two things from vitalik brought up his own idea which became the most successful meme story of all time. From the Medium writer's words "the public doesn't mind or care whether they're investing in a scam so long as there is slim opportunity to cash in on the hype before the premeditated and scheduled dump".

This medium i read in a LAIKAcoin telegram group. Laika is a new coin and already listed in exchanges, the medium really exposed behind the scenes of shiba founder.

True or not i think everyone is aware that it all started with dogecoin hype from elon musk there are tons of people that made their meme coin based of dogecoin. It's just that someone's idea got hyped since the dogecoin mascot is a shiba inu so when elon musk is posting in twitter like the picture or logo of shiba inu the dog people who hypes shiba inu coin are spreading it as if it was pertaining to the coin when it was in reality all for dogecoin.

 

[Ben Kempton]

yeah coins like chain link are actually a great option to invest , only that many don't see the great potential of them , although I noticed that this days many investors are no longer focused on investing in meme coin and shit coin , remember coins like safemoon , I think they have gone past their prime

The chainlink coin is being used for mathematical computations and analysis of the blockchain technology. It is used for blockchain functionality and developments. It is based on hybrid Smart contract solutions that are based on coding and some other components as well. The coin is very popular and it is used for a great purpose as well.

 

[Wisdom01]

True or not i think everyone is aware that it all started with dogecoin hype from elon musk there are tons of people that made their meme coin based of dogecoin. It's just that someone's idea got hyped since the dogecoin mascot is a shiba inu so when elon musk is posting in twitter like the picture or logo of shiba inu the dog people who hypes shiba inu coin are spreading it as if it was pertaining to the coin when it was in reality all for dogecoin.

he actually made such hype just to make the coin more popular , I could recall how he would hype.thd coin then ,his infulence then actually increased the hype of the coin and the price ,only that things changed unfortunately ,I really hope Bitcoin really reach that potential point again , even ad at this moment

 

[Ben Kempton]

he actually made such hype just to make the coin more popular , I could recall how he would hype.thd coin then ,his infulence then actually increased the hype of the coin and the price ,only that things changed unfortunately ,I really hope Bitcoin really reach that potential point again , even ad at this moment

Recently, the Tesla company has been launching whistles that could be bought using the Dogecoin. When the news of this whistle was release, Dogecoin's value pumped up until now. The value has dropped a bit. However, we can witness the fact that the Tesla company could play some significant role when it comes to Dogecoin's value.

 

[btaliat]

Shiba Inu is a meme coin that the developers didn't even prepare for the fame the coin recorded. It was launched to break the dominance of Dogecoin. During the ATH of the coin, the developers failed to take the advantage and now it can never reach that ATH any longer as it is even struggling to exist.

 

[Ben Kempton]

Shiba Inu is a meme coin that the developers didn't even prepare for the fame the coin recorded. It was launched to break the dominance of Dogecoin. During the ATH of the coin, the developers failed to take the advantage and now it can never reach that ATH any longer as it is even struggling to exist.

I guess that there have been many meme coin that gained much popularity. After the success of Dogecoin, many token creators and organisations tended to create their own token and meme coin that made the meme coin industry quite popular. Shia Inu gained much popularity due to the fact that it got the attention of Elon Musk and many other investors as well. It is based on multi-token ecosystem and this is what makes it quite unique.

 

[btaliat]

It is another thing to create a meme coin and it is another thing to promote them. I don't why those developers always lower the promotion especially when the coins have started gaining the attention they needed to get. Maybe the project may be bigger than them.

 

[Wisdom01]

Recently, the Tesla company has been launching whistles that could be bought using the Dogecoin. When the news of this whistle was release, Dogecoin's value pumped up until now. The value has dropped a bit. However, we can witness the fact that the Tesla company could play some significant role when it comes to Dogecoin's value.

am sure that if they should promote another coin again ,am not sure if any investors would look into buying , because with thr look of things ,it's assuming people are already fed up , that's why when they came back after some time and promoted dogecoin the hype of the coin reduced

 

[gammarays]

Well Shiba Inu is a meme coin due to it's large supply. It has gone from another meme coin to one of the crypto projects with highest market capitalization. More utilities are added to make it a meme coin with a difference. It has plans to turn into a full blockchain network with Shiba as the base token. To be sincere, with it's current supply, it's nearly impossible to reach $1 per token. Most of it's supply has to be burnt so it can remain something reasonable enough. The utilities is adding up so it has potentials to reach $1 with token burns.

 

[Ben Kempton]

Well Shiba Inu is a meme coin due to it's large supply. It has gone from another meme coin to one of the crypto projects with highest market capitalization. More utilities are added to make it a meme coin with a difference. It has plans to turn into a full blockchain network with Shiba as the base token. To be sincere, with it's current supply, it's nearly impossible to reach $1 per token. Most of it's supply has to be burnt so it can remain something reasonable enough. The utilities is adding up so it has potentials to reach $1 with token burns.

The Dogelon Mars tends to be the third largest meme coin in the cryptocurrency industry, according to Coin market Cap. However, we can rarely see it being discussed in the cryptocurrency universe. I guess that Dogecoin and Shiba Inu are the ones that are currently ruling the meme coin industry. I have been reading some news about the launch of new token by the Shiba Inu developers.

 

[Wisdom01]

Well Shiba Inu is a meme coin due to it's large supply. It has gone from another meme coin to one of the crypto projects with highest market capitalization. More utilities are added to make it a meme coin with a difference. It has plans to turn into a full blockchain network with Shiba as the base token. To be sincere, with it's current supply, it's nearly impossible to reach $1 per token. Most of it's supply has to be burnt so it can remain something reasonable enough. The utilities is adding up so it has potentials to reach $1 with token burns.

am not even sure if the Shiba Inu coin would reach $1 , it's best to just keep holding, the unlimited supply is probably what is actually setting a drawback for the growth of the coin , I wish the developers planned the project well before launching it ,and probably not taking as that meme coin some people actually views it as tho

 

[Ben Kempton]

Well Shiba Inu is a meme coin due to it's large supply. It has gone from another meme coin to one of the crypto projects with highest market capitalization. More utilities are added to make it a meme coin with a difference. It has plans to turn into a full blockchain network with Shiba as the base token. To be sincere, with it's current supply, it's nearly impossible to reach $1 per token. Most of it's supply has to be burnt so it can remain something reasonable enough. The utilities is adding up so it has potentials to reach $1 with token burns.

Unfortunately, the supply of Shiba Inu canjnot be decreased as the coins are already there and many coins are circulating in the market. There are more than 549,000 billion Shiba Inu circulating in the market right now and this is far much more than anyone can think. Under such circumstances, it is quite hard for the coin to gain value.

 

[gammarays]

Unfortunately, the supply of Shiba Inu canjnot be decreased as the coins are already there and many coins are circulating in the market. There are more than 549,000 billion Shiba Inu circulating in the market right now and this is far much more than anyone can think. Under such circumstances, it is quite hard for the coin to gain value.

Yes, at the current supply, it's impossible to get Shiba to $1. The developers have promised to bring in systems that'll be burning big amounts of Shiba Inu tokens. They're already building games, Nfts and Metaverse in addition to their established Dex. All these contribute in the burning. With Shibarium launch expected, there'll be massive burning to reduce supply. If they can even get Shiba to 10 billion supply, it's possible to get to $1 considering the market cap.

 

[Wisdom01]

Unfortunately, the supply of Shiba Inu canjnot be decreased as the coins are already there and many coins are circulating in the market. There are more than 549,000 billion Shiba Inu circulating in the market right now and this is far much more than anyone can think. Under such circumstances, it is quite hard for the coin to gain value.

it's truly hard , I wish the coin gained value , but it seems it's going to be invalid looking at the circumstances sorrounding the coin , the value keeps decreasing instead of it getting boosted , there was a time the hype of the coin was high , I thought it would reach $1, but things keep changing