Shiba Inu your predictions?

[Dakstar]

It will reach 0.0099 by the end of this year.

Is this USD or INR?

 

[Scorpion Ghost]

Shib can wave forward any moment to reach the hot period $1/Shib, they have good scheme to trust for Roi in short and long period.

Dude, no. I mean, I'm no expert right, but I don't think Shiba Inu can ever reach $1. It's almost impossible for that to happen.

It can go much higher than where it is for sure, but I don't think $1 per coin

 

[Jebberz]

Well this is crypto and it’s difficult to know the stable price of currency mostly on shitcoins and the rest but Shib has a balance stability that prove they can make $1 sooner with their professional logics.

lmao you shiba people are smoking crack-cocaine for sure
circulating supply is 549,055,952,729,359

I am sorry you can shill this bogus meme shit forever but it is not gonna be worth 549 trillion $ anytime soon.

 

[Scorpion Ghost]

lmao you shiba people are smoking crack-cocaine for sure
circulating supply is 549,055,952,729,359

I am sorry you can shill this bogus meme shit forever but it is not gonna be worth 549 trillion $ anytime soon.

That's why I said what I said.

But, and I'm no expert, but what about token burning? Like if they burn a bunch of tokens and then the supply gets smaller and then the price goes up. What's up with that?

 

[Jebberz]

That's why I said what I said.

But, and I'm no expert, but what about token burning? Like if they burn a bunch of tokens and then the supply gets smaller and then the price goes up. What's up with that?

whole crypto market is 2.4T, for Shiba to take 1st place above Bitcoin (which is not gonna happen btw) with 1$ price, it should have circulating supply of 1T, which means they should burn 548T (99.8% of current supply). not going to happen too btw.

 

[Scorpion Ghost]

whole crypto market is 2.4T, for Shiba to take 1st place above Bitcoin (which is not gonna happen btw) with 1$ price, it should have circulating supply of 1T, which means they should burn 548T (99.8% of current supply). not going to happen too btw.

I'll burn the damn coins manually one by one if I have to. All 99.8% of them. Shiba at $1 makes me a multimillionaire hahaha xD

 

[shadow2015]

Dude, no. I mean, I'm no expert right, but I don't think Shiba Inu can ever reach $1. It's almost impossible for that to happen.

It can go much higher than where it is for sure, but I don't think $1 per coin

If it did, then they would have 3x time the world $ currency. They need to burn that sh*t, else they would never reach that. Impossible!!

 

[blackbeans]

I think there's a lot of hype with Shiba Inu and this is a good thing for speculators.

But you also have to look at the predictable pump and crash pattern of typical crypto coins.

So, don't get scared off by the crash.

You should get scared if the coin continues to crash because you have to understand the reason why there's this typical upward, zig-ag pattern.

It is a fact that people who got in early cash-out, and this crashes the price.

But if they don't cash out deep enough, eventually it will recover because there will be a lot of sustainable hype around the coin.

Where people screw up is when a coin has some sort of sales prevention measure so people can't crash the coin.

This is exactly what happened with the Squid Game crypto coin, but when you see that zigzag, upward trend, that's normal.

And I see Shiba Inu going through that process for quite some time because there's a lot of hype behind this coin.

What is my long-term prediction?

It's not as rosy because until and unless Shiba Inu actually has a use case value, meaning it's actually treated as currency or some sort of mode of exchange in any kind of activity on the Internet that has a wide enough market, it will remain a speculative tool.

And just like any speculative tool, eventually, people get tired.

You only need to look at the Dutch Tulip Mania of the 17th Century to get a good idea of what I'm talking about.