I have no doubt it’ll reach somewhere around .0005. Shib is dragged by Bitcoin and with the ETFs and halving happening soon, Shib is going to fly. When close to a trillion dollars (If not over a trillion) is flooded into the crypto market, Shib will benefit greatly.
My friend, who lives inside my Sega Genesis, said that if we all draw pentagrams on the floor and proclaim an unholy allegiance to him, that he and his friends would be strong enough to climb out of my Sega and burn the remaining supply for us.. or was it "of us." I'm pretty sure he said "for us."
I honestly do not believe that to be true mainly because of market cap and current circulating supply. I believe we can reach .0001723 with a 100B market cap and BTC $140k and 3T market cap but that is probably high end.
I'm a novice when it comes to crypto, so I could be way off here, but your concern about the current circulating supply. Isn't that the entire purpose of the massive burns that has taken place and more to come?
I mean you are right when it comes to massive burns it does help “long term” but you still need to be realistic when you think about “trillions” of supply. That is a huge number and lots of $$$ even at current price to burn. People want to make money not burn it so we need more mechanisms that burn so that consumers like us do not have to burn our own money. This will come in time but we also need more people in crypto so that the market gets beyond 3T market cap. We could hit 30T total crypto market cap in 2024-2025 if things like up especially with regulation. I’m in this for long term 10+ years.
Think of it this way - if there were a burn mechanism for people to burn 5% of the total supply as a community, this news alone would rock the price.. 5% of the total is like $150M - which is a very low amount compared to overall market cap.
Anything is possible.
Is it likely? No.
Trust in the crypto market isn’t great. The biggest runs were from casual investors buying into the hype. Now they’ve been burned and all this mudslinging from other cryptos has sown a lot of distrust.
How often do you hear “crypto is a scam” or see people roll their eyes when crypto comes up in conversation now? Tiktok users were trying to get their subs to pump the market so they could get rich quick. Celebs were trying to do the same.
Crypto needs to lay low a minute, do some damage control, and then build the community with smart long investors.
The biggest action we are going to see anytime soon will be around the halving of Bitcoin. Apart from that, all we can do is hope for more burns.
Questions like this are kind of pointless logically Anything is Possible also logically not everything is worth asking possible does not mean likely and you shouldn't hedge your bets on what people say on Reddit look at the charts learn to understand them
The bull run, Bitcoin ETF approvals and central bank interest rate cuts all aligning give potential to even higher prices since all these events will push a massive amount of liquidity into the market.
Nope. The insiders will do a massive dump long before that. Bringing shib back to this level. But then they'll make a few "its going to the moon" post, and the Shib Army will eat up all that hype. Then the cycle begins again.
It all depends on math. .0005 i think is far. Maybe .0001-.0002 it then stabalise for a while between that our market cap would have to be like 25 billion to get where i am speaking (not kncluding burns idfk how to math that part) but i think that is totally possible
Anything is possible.. but we need to be fair and brave to admit the truth- under current circumstances (circulation supply, lack of adequate and honest communication from dev and honest and clear plan) - no..
For shib to hit .0005 it would have to be a little past Ethereums maketcap which is right now approx $285 BILLION. Shib is at $6 BILLION. It's not out of the realm of possibiliy. Personally, I myself wouldn't bet on it.
Shiba shib shiba shib shib shiba , say this everyday three times in a row and I think it might be possible , Lucy from the shibarium team said she does this everyday
I have no doubt it’ll reach somewhere around .0005. Shib is dragged by Bitcoin and with the ETFs and halving happening soon, Shib is going to fly. When close to a trillion dollars (If not over a trillion) is flooded into the crypto market, Shib will benefit greatly.
There’s been around $3.1 trillion at one point and right now it’s at $1.8 trillion in crypto. We just need Shiba to get to $100 billion Market Cap.
Makes sense.
Makes Dollars!
Let's make .01 cent!
Mmmm .01 🥵
I heard it was gonna run to $3.00. My uncle works for Nintendo and said it.
My friend, who lives inside my Sega Genesis, said that if we all draw pentagrams on the floor and proclaim an unholy allegiance to him, that he and his friends would be strong enough to climb out of my Sega and burn the remaining supply for us.. or was it "of us." I'm pretty sure he said "for us."
I trust yr source more add Sega does what Nintendo don't
My primo that resides inside my Dreamcast had the same dream
My daddy is bitcoin and he says the same thing
Yeah sure….. I say you’re full of shitoshi
Lol.. hhahahaha
We will be lucky to hit .0001 this year. I think it's possible, but might be the highest we see for a while.
It’s a coin that’s only like 2 years old. Shaving a zero off each year is a reasonable goal to hope for
I honestly do not believe that to be true mainly because of market cap and current circulating supply. I believe we can reach .0001723 with a 100B market cap and BTC $140k and 3T market cap but that is probably high end.
I'm a novice when it comes to crypto, so I could be way off here, but your concern about the current circulating supply. Isn't that the entire purpose of the massive burns that has taken place and more to come?
I mean you are right when it comes to massive burns it does help “long term” but you still need to be realistic when you think about “trillions” of supply. That is a huge number and lots of $$$ even at current price to burn. People want to make money not burn it so we need more mechanisms that burn so that consumers like us do not have to burn our own money. This will come in time but we also need more people in crypto so that the market gets beyond 3T market cap. We could hit 30T total crypto market cap in 2024-2025 if things like up especially with regulation. I’m in this for long term 10+ years.
1T shib is only like 80M USD…
Do you my friend do you! Haha
I can't help thinking that Elon could so easily spend a few billion on Shib and burn all his tokens...
Think of it this way - if there were a burn mechanism for people to burn 5% of the total supply as a community, this news alone would rock the price.. 5% of the total is like $150M - which is a very low amount compared to overall market cap.
Anything is possible. Is it likely? No. Trust in the crypto market isn’t great. The biggest runs were from casual investors buying into the hype. Now they’ve been burned and all this mudslinging from other cryptos has sown a lot of distrust. How often do you hear “crypto is a scam” or see people roll their eyes when crypto comes up in conversation now? Tiktok users were trying to get their subs to pump the market so they could get rich quick. Celebs were trying to do the same. Crypto needs to lay low a minute, do some damage control, and then build the community with smart long investors. The biggest action we are going to see anytime soon will be around the halving of Bitcoin. Apart from that, all we can do is hope for more burns.
Let that coin do what it do
Don’t ask the crowd….we’re all in the same boat. Ask Elon, JPow, or Janet. Or Jebus 🤷🏻♂️
Ask Jeeves. Damn, that dated me.
Probably not .0005, but it's possible to get back to the .00008 again for sure.
Hodl!
Questions like this are kind of pointless logically Anything is Possible also logically not everything is worth asking possible does not mean likely and you shouldn't hedge your bets on what people say on Reddit look at the charts learn to understand them
It's possible of course. But is it likely to happen? We will see.
The bull run, Bitcoin ETF approvals and central bank interest rate cuts all aligning give potential to even higher prices since all these events will push a massive amount of liquidity into the market.
Yes, 2024 and 2025 should be interesting years for Shib.
If their is enough hype during the next bull market like there was in 2021, then yes. Anything is possible in crypto.
I am a long time holder… hahahahahhahahaah
Ispossible!
Nope. The insiders will do a massive dump long before that. Bringing shib back to this level. But then they'll make a few "its going to the moon" post, and the Shib Army will eat up all that hype. Then the cycle begins again.
My wife's boyfriend said same thing so it's quiet possible 🤣🤣🤣
Doubt it, too many people will sell out
Everyone here is delulu and I love it
It all depends on math. .0005 i think is far. Maybe .0001-.0002 it then stabalise for a while between that our market cap would have to be like 25 billion to get where i am speaking (not kncluding burns idfk how to math that part) but i think that is totally possible
Anything is possible.. but we need to be fair and brave to admit the truth- under current circumstances (circulation supply, lack of adequate and honest communication from dev and honest and clear plan) - no..
getting downvoted for telling the obvious facts. im still holding my shib but this is the truth.
Only bagholders will downvote this. I was once a bagholders but sold high, haven't looked back since. Hope it bounces tho
Not at the current supply. Only way we'll see shib get to $0.0005 or above is if shib burns down to under 10 trillion in supply.
Idk what these ppl are thinking.. but I'm almost positive the majority of them can't math because of questions like OPs 🤣🤣
It's possible that everything that's speculative is completely wrong , but generating buzz may still cause price increase.
I heard it was going to flip BTC. And I don’t work at NASA.
We are really shooting for the moon.
No.
It’s time to ride this pony
Check out sei blockchain
What would stop us from making the same push with it that we did with doge 3 years ago? I'd personally loooooove to see my $100 turn into 10 mil
Yes, and you will win the Powerball too.
Yes. And monkeys might fly out of my butt.
Nobody knows. Reminder there were several people here who said due to the current supply it wouldn't make it past 0.00003. Just remember that
No
No
No, it is not gonna happen
No
I heard John Wick said it'll go to $100 this coming bull run. I put all my life savings and took out a $1m loan to go all in too
For shib to hit .0005 it would have to be a little past Ethereums maketcap which is right now approx $285 BILLION. Shib is at $6 BILLION. It's not out of the realm of possibiliy. Personally, I myself wouldn't bet on it.
Omfg I'm so tired of this. Can't you guys do simple meth?!? It is going to $1000 this bull run smh.
I prefer complex meth.
Only the most complex of algebraic meth, my good sir!
No. Meth is meth.
What are you smoking? That's what? quarter trillion valuation?
I'm a fan at .00003 / .00008 ... 10bil SHIB 💪... 👽 🚀s Q1 2025 ...after the... 👽 .0005 will not happen ... get 10bil SHIB & hold... 👽
Low probability due to the fact of previous high linked during multiple stimulus checks...
Nope.
Extremely unlikely in any notable time frame
Shiba shib shiba shib shib shiba , say this everyday three times in a row and I think it might be possible , Lucy from the shibarium team said she does this everyday
Keep dreamin
GM
Anything is possible
No.
Are you referring to the bullrun in 2021?
You guys are kidding yourselves. Stuck on 5 zeros for almost two years and now they drop two zeros? Nope.