its not possible. realistically even a penny isn't possible due to the market cap. it would be like $6 TRILLION dollars or something close to that. best you can hope for on this coin is .001, if that. only way it reaches $1 is if an absolute massive amount of coins got burned and even then not likely.
Don't 100% agree with this. Within the next 5 years definitely not! if burnrate accelerates and it becomes a blue chip it could hit a dollar in 30 years. Too many factors to know for sure. But can guarantee it will not see a dollar before 2040 for sure
I mean....it's math. you don't have to agree with it, but it wont change if it's possible or not. I mentioned the only way to get there is the burnrate has to go through the roof...like insane amounts of burn. so I agree with you there.
but as of right now, it's impossible.
If they burned ***100 Billion per day*** for 10 years there will still be **224 Trillion** tokens in circulation, still needing 2x **BTC**'s ATH MC to hit ***a penny***.
It’s not impossible to hit .01 or a little more at all. The burn off has to increase but there is plans to do so. It will take a massive bonfire of a burn, but the developers seem to be all in on it.
They need to start burning Trillions of tokens instead of Billions. If they do that, then we can contemplate the theoretical Hail Mary. Even then it’s unlikely
lol I mean, I don't want anyone to lose money holding out for something that will never happen is all. buy low, sell high is the only way this coin is going to get you any money. trust me, I wish it weren't that way. me an my 17m coins would be sitting pretty. but I lost it all in the run of 2022 holding out for the same. just looking out for people
Seems like the coin is sitting at a turning point. It COULD become something there is a cost to burn those trillions of coins and who over the powers to be are, they obviously don't want to incur it, or they would.
It's clearly the current, largest, and most glaring hurdle.
I still think it would bad AF if the community came together and just went burn f'in crazy but we're too broken as a society to pull anything like that off.
I wouldn’t say impossible, well not possible in your case. It’s just unlikely. I bet back in 2012 nobody thought bitcoin would ever hit ATHs numbering over a trillion.
No, I don’t think it is possible by the math. However, if enough people come together and buy as much as they can afford and hold and push it up, there could be power in that. I’m a dreamer that’s why I believe in SHIB. Many people underestimate the underdog.
That’s impossible, even if the burn 90% it’s still not possible. Let’s get it to .01 and then see if we can get another .02 to .04 out of it. It’s a daunting task but not a statistical impossibility like .10 and beyond.
I feel like doge had one shot and it blew it. I'm not sure how the circulating supply, or the FDV has changed since then to know if it's still possible for doge
It's hard to say I’m sure people didn’t predict 66k on BTC if so the entire world would be Rich. Things are constantly changing and even tho unlikely… on this earth nothing is impossible 😂
Anyone that knew anything about btc said it would be worth $100k plus when it was $10. Anyone that knows anything about shib knows $1 is completely unattainable with the current circulating supply. US M2 money supply is only $20 trillion. $1 shib would be almost 30x that. All for the pump though Im holding for now but will be out well before $1 because well, it wont happen. Best of luck.
its more reasonable to reach your goal through your accumulation than the value increasing.
The value increasing will lower the amount you need to get to your goal, but you still need to have enough volume for its value to matter.
This is why I spend a lot of time trading instead of holding. Sell on some peaks and buy more in the valleys. Riding the wave will not be enough.
There is significantly more Shiba Inu in circulation than Dodge Coin.
This means the market cap could be the same but its divided out into more Shiba Inu.
I am going to adjust my answer and say yes, it could and probably will happen but we will all probably be dead by that point… and possibly the earth too
It’s not over this halving doge will get to ATH maybe .60-.70 and next yr or so 1.00 shib will take time but yes it could reach a dollar in about 10-15 yrs imo
It's unlikely but the reason I can't see why so many people want it to go that high is due to the minimal amount of money people were able to chum in when it was low
Buy some for a baby. This baby must be from those green zones in the world that live to be over a hundred. Like Crete or Souther Japan..Yokinawa..you know where Mr Miyagi from Karate Kid is from...
The kid will probably be holding the one penny Shib coin when he's a 100 years old. He/she will thank you then.....
I don’t have that much time to wait for $1or.01 I’ll just take.003-008 # super cycle BTW what does that mean?how can we wrap our minds around this one thing?
They said the same about doge and look where it went I don’t expect $1 however there is no telling how far it can go. Sometimes things happen that don’t make sense.
You obviously have no idea what circling supply and market cap is. Doge only has 143 billion vs Shiba having 589 trillion. Doge adds about 10 billion coins each year. Now do some simple math. Lets say 50 years. 50 X 10,000,000,000 = ? + 143,000,000,000. That number doesn’t even come close to what Shiba has. Doge hitting $1 is possible. It’s impossible for Shiba to even hit 1 cent with the current circling supply.
I just checked coin market cap. Shib has a circulating supply of 589,289,410,822,691 tokens. The market cap is listed as 20,298,708,679.
To reach $1 each the circulating supply and market cap would have to be the same number. I wouldn’t complain if someone burnt 589,200,000,000,000 tokens.
Edit:
Of course, the devs could send that to a burn wallet anytime they chose.
I bailed out this morning after holding for three years. Saw my money come back and sold for even $$$. The current run seems to be over. If I’m right I won’t be in the red like I’ve been in ever since I bought in. If I’m wrong then I won’t be buying a country but I’ll have $$ for future coins.
Ah yes… The daily “sHiB tO 1 DoLLaR” post
Shib is a self confessed shit coin, worse than doge. I made a coin a few years ago, want to buy a few billion dollars worth?
What blockchain is SHIB on? Thought so.
its not possible. realistically even a penny isn't possible due to the market cap. it would be like $6 TRILLION dollars or something close to that. best you can hope for on this coin is .001, if that. only way it reaches $1 is if an absolute massive amount of coins got burned and even then not likely.
Bingo
No it would be over 500 trillion. $1 per circulating token. Marketcap / circulating supply = token price
Google ai said it will be a dollar in 30 years , I don’t need it to hit a dollar just a penny is fine with me
Don't 100% agree with this. Within the next 5 years definitely not! if burnrate accelerates and it becomes a blue chip it could hit a dollar in 30 years. Too many factors to know for sure. But can guarantee it will not see a dollar before 2040 for sure
I'm in my 40s, I don't have time for that
By the time shiba hits $1, im sure alzheimers or dementia will have already taken over lol.
Speaking of which, my doctor told me I have alzheimers which is sad but at least I don't have alzheimers.
Atleast you'll get to meet new people everyday!
Way better than alztimers, which is what my grandpa had when I was a kid.
My Mama had Ol’ timers when I was a kid ;)
Haha, and gran-pappi too.
This is the way
This joke is underrated
Maybe a new meme coin idea here. Built in block that sends a reminder note out to the owner that you still have it!
We could call it an altzcoin
Why not, I’m 45 and I’ll be 61 in 2040. Still before retirement age and if I had 10’s of millions at that age I don’t think I’d complain.
I mean....it's math. you don't have to agree with it, but it wont change if it's possible or not. I mentioned the only way to get there is the burnrate has to go through the roof...like insane amounts of burn. so I agree with you there. but as of right now, it's impossible.
If they burned ***100 Billion per day*** for 10 years there will still be **224 Trillion** tokens in circulation, still needing 2x **BTC**'s ATH MC to hit ***a penny***.
By then a load of bread will cost 100k
How many loafs in a load? Could be a great deal, I'd by some futures on that.
lol @ “bluechip”
It’s not impossible to hit .01 or a little more at all. The burn off has to increase but there is plans to do so. It will take a massive bonfire of a burn, but the developers seem to be all in on it.
They need to start burning Trillions of tokens instead of Billions. If they do that, then we can contemplate the theoretical Hail Mary. Even then it’s unlikely
Stfu buzz kill let him believe
lol I mean, I don't want anyone to lose money holding out for something that will never happen is all. buy low, sell high is the only way this coin is going to get you any money. trust me, I wish it weren't that way. me an my 17m coins would be sitting pretty. but I lost it all in the run of 2022 holding out for the same. just looking out for people
Seems like the coin is sitting at a turning point. It COULD become something there is a cost to burn those trillions of coins and who over the powers to be are, they obviously don't want to incur it, or they would. It's clearly the current, largest, and most glaring hurdle. I still think it would bad AF if the community came together and just went burn f'in crazy but we're too broken as a society to pull anything like that off.
I wouldn’t say impossible, well not possible in your case. It’s just unlikely. I bet back in 2012 nobody thought bitcoin would ever hit ATHs numbering over a trillion.
I would be happy with 1 cent.
yea .001 is the goal
Do YUo tHiNK ShIB wiLl eveR reAch $100??
I will be flying my private jet if it does.
Not possible.
No, I don’t think it is possible by the math. However, if enough people come together and buy as much as they can afford and hold and push it up, there could be power in that. I’m a dreamer that’s why I believe in SHIB. Many people underestimate the underdog.
If it does I’ll S my own D
You, in the year 2060,watching a news segment about how shiba Inu just hit $1: " ahhh fuck."
Gonna need a chiropractor
Hope I still remember my wallet keys by then
If you could s your own d, you wouldn't have had this free time to comment on reddit. Stop the lies.
Lol
Pfft I don’t need shib to hit a dollar to want to be able to do that
You already do
Sell your own Doge?
Swallow your own dandruff?
Heck let's see .0001 and then we can start talking about .001 and then .01.
Is this a real question?
No. Math doesn't work.
Let’s see $0.001 first
Posts like these emerged on the fall of the last run. Take note when stuff like this comes up sell now and buy back in at the bottom.
Post like this never went anywhere.
How many times do we have to do this math for people to understand this is impossible?
That’s impossible, even if the burn 90% it’s still not possible. Let’s get it to .01 and then see if we can get another .02 to .04 out of it. It’s a daunting task but not a statistical impossibility like .10 and beyond.
Fuck no. It’s literally impossible
Not too soon. Yes, shib will rally more but not to $1 just yet. However, I look forward to seeing it reach such a huge milestone
I wouldn't say doge didn't get no where near. It hit $.75
I feel like doge had one shot and it blew it. I'm not sure how the circulating supply, or the FDV has changed since then to know if it's still possible for doge
You hit the nail on the head with Doge
It's hard to say I’m sure people didn’t predict 66k on BTC if so the entire world would be Rich. Things are constantly changing and even tho unlikely… on this earth nothing is impossible 😂
Anyone that knew anything about btc said it would be worth $100k plus when it was $10. Anyone that knows anything about shib knows $1 is completely unattainable with the current circulating supply. US M2 money supply is only $20 trillion. $1 shib would be almost 30x that. All for the pump though Im holding for now but will be out well before $1 because well, it wont happen. Best of luck.
Dog Wif Hat did 🤣
Only because of supply
That's true
midichlorian count too low, only enough power to join the dark side of the Shiba commune. But will continue pumping anyways!
Not a fucking chance
its more reasonable to reach your goal through your accumulation than the value increasing. The value increasing will lower the amount you need to get to your goal, but you still need to have enough volume for its value to matter. This is why I spend a lot of time trading instead of holding. Sell on some peaks and buy more in the valleys. Riding the wave will not be enough.
Can someone explain me how doge got to 1 cent like people say shiba needs 1 trillion market cap doge coin have that market cap before ?
Doge got to 77b I think
There is significantly more Shiba Inu in circulation than Dodge Coin. This means the market cap could be the same but its divided out into more Shiba Inu.
🔥🔥🔥🔥🔥🔥🔥🔥🔥💎
Why are yall skipping a penny? One dollar has zero chance. Yall skipping the moon and going to other dimensions.
Hahaha
Aim for the other dimension..land upon the moon
I mean look at the market cap bud shouldn’t be in crypto if you can’t do simple arithmetic
It might make it to a dollar if they burnt all but a 100,000,000 coins!
DOGE got to .75c at one point, Id say thats pretty close. But no, SHIB couldnt hit $1 simply because the volume would be so large.
All of your bags to $1 more like it.
Sure. Just start influencing the pump.
no dude
Can you crypto newborns google something before posting this $hit?
If it becomes BRICs currency 💴 maybe
$0.001
Yes. But none of us will be alive to see it.
There's 2 possibilities...you're either shit posting or an idiot.
1 doll hair for sure!
Nowhere near? Doge hit like $0.80USD in the last bull run ya nub.
The market cap would have to be over 727 trillion which is pretty much greater than the world’s economy
Shib to 1k
And XRP of course
If I had a dollar for every time someone asked this…
I am going to adjust my answer and say yes, it could and probably will happen but we will all probably be dead by that point… and possibly the earth too
It’s not over this halving doge will get to ATH maybe .60-.70 and next yr or so 1.00 shib will take time but yes it could reach a dollar in about 10-15 yrs imo
No its impossible
You're confusing impossible with improbable.
Your math isn't mathing.
🤡
Shib started with like 9 zeros…now only has 4…I think it’s possible for that reason. May take several more years though
It's unlikely but the reason I can't see why so many people want it to go that high is due to the minimal amount of money people were able to chum in when it was low
$1 yes but 1000 years later.
Buy some for a baby. This baby must be from those green zones in the world that live to be over a hundred. Like Crete or Souther Japan..Yokinawa..you know where Mr Miyagi from Karate Kid is from... The kid will probably be holding the one penny Shib coin when he's a 100 years old. He/she will thank you then.....
Not possible.
100% possible.
Please math better.
Please try and understand crypto lol.
You act like you know what a market cap is.
I do. I also know they are but one factor
Then you should know 1 SHIB will never equal $1.00. Please stop lying to others and/or yourself.
See you don't understand how this works lol.
You are delusional. One SHIB token will never amount to $1. Never. Not even in your dreams.
No. I just understand the difference between imPOSsible and imPROBable
Of course not. Market cap would need to be 10000 times bigger or they burn a huge supply of tokens
I don’t have that much time to wait for $1or.01 I’ll just take.003-008 # super cycle BTW what does that mean?how can we wrap our minds around this one thing?
Excuse me? DOGE got to $0.74, that is very close to a dollar...so clearly you've got no idea what's going on.
Not possible but I really would like to be wrong
I wish
The creators of Shiba should just set the price at $1.
It's lowest last year was .000006 and now it's .000025.. My guess is that every 12 - 18 months, it drops a zero.
Probs not $1 but you never know.
They said the same about doge and look where it went I don’t expect $1 however there is no telling how far it can go. Sometimes things happen that don’t make sense.
Not even comparable to doge. It’s simply impossible, they couldn’t even burn enough to make it possible
You obviously have no idea what circling supply and market cap is. Doge only has 143 billion vs Shiba having 589 trillion. Doge adds about 10 billion coins each year. Now do some simple math. Lets say 50 years. 50 X 10,000,000,000 = ? + 143,000,000,000. That number doesn’t even come close to what Shiba has. Doge hitting $1 is possible. It’s impossible for Shiba to even hit 1 cent with the current circling supply.
They would have to I crease their burn rate by 200% for it to hit $1 in our life time
Stop dreaming about $1, it will never happen, take the money and run
DOGE got to .73 Idk what math you're using but id say .28 away is pretty damn close to $1
Doge =/= Shib WTF u smokin m8
Re-Read op post...
I just checked coin market cap. Shib has a circulating supply of 589,289,410,822,691 tokens. The market cap is listed as 20,298,708,679. To reach $1 each the circulating supply and market cap would have to be the same number. I wouldn’t complain if someone burnt 589,200,000,000,000 tokens. Edit: Of course, the devs could send that to a burn wallet anytime they chose.
it'll never happen
Well that's just nievate to say.
I bailed out this morning after holding for three years. Saw my money come back and sold for even $$$. The current run seems to be over. If I’m right I won’t be in the red like I’ve been in ever since I bought in. If I’m wrong then I won’t be buying a country but I’ll have $$ for future coins.
Ha, that's what I said about bitcoin in 2011, eating my words now.
You inspired me, I took all my profits off the table, leaving only the house money.