Will Shiba inu get to $1

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Will Shiba inu get to $1

Can shiba inu ever get to $1 in the next bull run or more years to come??,  though nothing is impossible, but i don’t think it can get there,
And is the project still good to invest in?

Ryan26 Answered question July 13, 2024
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It is also almost twice the value of all real estate globally. As such, a price of $1 would mean that Shiba Inu alone would be worth more than any other asset class in the world, which is highly unlikely.

Ryan26 Answered question July 13, 2024
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With shiba inu current supply and price it is impossible thing to imagine Shiba inu will reach $1 some day.
This will require trillions of dollars to get the coin to that price,  so may be we should speculate something more realistic.

If you are speaking of dogecoin may yes we may see a $1 price some days but certainly not Shiba inu, it’s unrealistic scrupulous and out of site for that to happen.

Reshantha De silva Answered question July 11, 2024
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You can told shiba community to burn their shiba into the to the default address. that being said that you shall decrease the total supply of shiba inu until it will be only having 1 billions. You will be seeing shiba inu will able to worth $1. It’s a bad project to invest right now.

Gihan Wijethunga Answered question July 11, 2024
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It will take tons of money to move Shiba to $1.00.

Look at the current price, = $.0.00001205, so that will be like the whole of crypto right now to put in to $1.00.

So the question is where to get that money right now and is the investors willing even in the bull run? or will divest their investment to let’s say BTC and other altcoin? And there is also the high risk involved, maybe before we can reach $1.00 there will be a massive sell-off.

Luwis K Answered question July 11, 2024
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No.  You simply need to read about market cap.  For shib to get to $1 each it would end up putting the market cap in the trillions at the cost of all the money in the world.  Simply put it IS VERY impossible for shib to get to $1. Don’t equate doge and shib together they have very different supply numbers which controls the price ceiling.

Danusushka de zoyza Answered question July 11, 2024
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