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❓ASK Can Shiba Inu coin reach $1 in near future ?

WeAllAreOne

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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
 
Though shiba inu has a strong potential to reach a dollar on the nearest future but that might not be possible anytime too soon as a lot of crypto lovers are still watching the movement of the coin before they invest their money since the coin is new
 
It's a wishful thinking but i doubt it. Dogecoin.. maybe but shiba.. i really don't think so because the market cap will be higher than anything lmao
 
i risked about a 100 euros & bought about 3 million shiba over a month ago. at the moment im happy as it has over doubled in price since then. what type of future does shiba have ?¿?¿ who knows, only time will tell. will i be bummed if i lose my 100 euros ?¿?¿ maybe a bit but not really, thats why its called risk capital, money your willing to risk & maybe lose. who knows, shiba might go the way of the dodo bird ( extinct ) or the squid game coin ( a big scam ). or maybe it just might turn into the next enormous wonder coin if somebody takes it over & really promotes it, like elon musk, more platforms accept it as payment & the social media regurgitating talking heads really start to push it.
 
I think it will not reach even 1 cent even in these 5 years it will be futureless
I also do have same thought, I know that it's bullish nature might be short lived so that's why am advising anyone who invested in the coin to monitor it carefully
 
It actually do have the prospect of reaching such amount in the future , investors could actually buy some amount of the coin and continue to hold if they want to make more gain
 
It actually do have the prospect of reaching such amount in the future , investors could actually buy some amount of the coin and continue to hold if they want to make more gain
 
I am sure that shiba inu has great potential to reach that amount in the near future. This is because the coin is starting to get really popular. Especially now that it is attracting institutional investors.
 
1 of the things that i see against shiba is that there is an unlimited supply of it. so it could go on endlessly producing more coins, whenever needed. maybe in the future, they will burn coins & even hopefully limit the amount of coins that can be mined. that is 1 of the strong points of btc, there are only 21 million, once all mined, thats it.
 
1 of the things that i see against shiba is that there is an unlimited supply of it. so it could go on endlessly producing more coins, whenever needed. maybe in the future, they will burn coins & even hopefully limit the amount of coins that can be mined. that is 1 of the strong points of btc, there are only 21 million, once all mined, thats it.
yeah there is truly unlimited supply of it ,and the thing is that the developers are burning more of the token ,so I don't really understand how the supply would be reduced , because the unlimited supply of the coin is actually part of the main vocal point
 
yeah there is truly unlimited supply of it ,and the thing is that the developers are burning more of the token ,so I don't really understand how the supply would be reduced , because the unlimited supply of the coin is actually part of the main vocal point
i mistaken at the time when i wrote that there was an unlimited supply. i found out afterwards that the supply is capped at 1 quadrillion i think the num was. still, that is an enormous amounts of tokens. they have burned & will more in the future. but they will need some huge bon fires to reduce that to something reasonable. i am still bullish on shiba. even thou the price has dropped & is stagnant. just my view.
 
Now that is way too much expectation. It's a shitcoin, I won't place such hopes on it. However we never know what can happen, so investing for a couple of years can make a huge financial difference in an investors life, or is t could also go the other way round.
 
Yep it is possible but for hsiba inu to reach that much is that it has to have a really big demand, because as it stands right now majority of the people just still sees shiba inu as just another memecoin or just another pump and dump coin I think the one thing that shiba inu has an advantage over dogecoin in the long term is that shiba inu has limited supply
 
i mistaken at the time when i wrote that there was an unlimited supply. i found out afterwards that the supply is capped at 1 quadrillion i think the num was. still, that is an enormous amounts of tokens. they have burned & will more in the future. but they will need some huge bon fires to reduce that to something reasonable. i am still bullish on shiba. even thou the price has dropped & is stagnant. just my view.
wow but that quadrillion is really huge ,to me it sounds like unlimited , because they would keep burning and it would look like they have not had any effect on the coin supply ,that is the problem of coin with hi
uge supply ,I hope the price rise , because for now the social media hype is no more again
 
1 of the things that i see against shiba is that there is an unlimited supply of it. so it could go on endlessly producing more coins, whenever needed. maybe in the future, they will burn coins & even hopefully limit the amount of coins that can be mined. that is 1 of the strong points of btc, there are only 21 million, once all mined, thats it.
I have heard about this unlimited supply of Shiba Inu coin a number of times but I was unsure of the effect it had in cryptocurrency. So basically, what you're trying to point out is that there's will be a time in the future when Shiba Inu coin will lose value or go into extinction? I have made investments in this coin and I wouldn't want to record an unnecessary loss.
 
Yep it is possible but for hsiba inu to reach that much is that it has to have a really big demand, because as it stands right now majority of the people just still sees shiba inu as just another memecoin or just another pump and dump coin I think the one thing that shiba inu has an advantage over dogecoin in the long term is that shiba inu has limited supply
Sometime in the past I have heard about people saying that the Shiba Inu coin is no longer a meme coin as it now has a use case in the cryptocurrency market but considering what's going on now, I don't even know if that's true. The coin is not making so much progress as expected. It keeps going down each and every day and I hope it doesn't lose value totally.
 
I have heard about this unlimited supply of Shiba Inu coin a number of times but I was unsure of the effect it had in cryptocurrency. So basically, what you're trying to point out is that there's will be a time in the future when Shiba Inu coin will lose value or go into extinction? I have made investments in this coin and I wouldn't want to record an unnecessary loss.
i wrote above in a post, that i made a mistake saying that shiba had un limited supply. its capped at 1 quadrillion. which is a huge amount any way. but they are burning tokens to reduce the number. but they will really need to burn a bunch to bring down the nums. i dont have a ******* ball, so i cant tell you what will happen in the future with shiba, everybody must make their own investing decisions. i also have invested in shiba & am holding for the long term. am i right or wrong ?¿?¿ i dont know, only time will tell.
 
Definitely, I think it will reach $1 considering how the market is going and the popularity of cryptocurrency. Shiba Inu has been doing well of lately and all thanks to the creators for the works they are doing, I intend to invest in it.
 

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