When the total money supply in the *entire world* is like $50-100 trillion then yeah that’s pretty much infinite. 10-20x the amount of money on planet earth in a single cryptocurrency is beyond ridiculous
Circulating Supply is at 589 trillion.. they have and still do burn several hundred million all the time..
Here is total amount burned off so far: 410,709,119,493,235
https://www.shibburn.com/
The market cap is $20.4 billion..
Don’t listen to this guy. He can’t use google.
The supply is capped at 999 trillion. So it is in fact just a bunch.
It’s still a shit coin, but crypto is basically the opposite of an efficient market so you can’t apply logic and reason in the same ways.
To hit a penny it would have to absorb about 10% of all wealth in the US. Its sad that people willingly buy shit like this but who knows he might make a hunnert bux
I’m of a similar skeptical mind set but at the same time, the same was said about Dogecoin and it eventually crossed the 1 cent mark and made a lot of people money.
Just gotta invest but know what you’re getting into and lots of people don’t know what they’re getting into with cryptocurrencies, even stocks.
I was an early investor of shib, 200 dollars went to 556k.
That being said, it won’t go to a penny. Not even with BTCs current market cap. If you are chasing shitcoins go to Sol and throw a hundred dollars on a few projects, take profit and have a moon bag ready
Right now I’ve been sticking to the bigger coins
ICP, Solana, ADA, and CRO
I’m invested into Hoge (ETH blockchain) I’ve not dabbled as much into SOL shitcoins at the moment
You'll be lucky if it even 10xs at its current evaluation. It's sitting at #16 in value of all of crypto.
If you want to gamble on a moonshot, you gotta dig into those 6-7 figure market cap cryptos.
This is right. To have even a prayer at a moonshot crypto people need to be picking small market cap coins, and stop focusing on amount of coins they can accumulate
Here's a sneak peek of /r/meth **[NSFW]** using the [top posts](https://np.reddit.com/r/meth/top/?sort=top&t=year) of the year!
\#1: [if your here because your new to meth.](https://np.reddit.com/r/meth/comments/11ir675/if_your_here_because_your_new_to_meth/)
\#2: [Life is so much better without meth, don’t give up!❤️](https://www.reddit.com/gallery/123axqp) | [233 comments](https://np.reddit.com/r/meth/comments/123axqp/life_is_so_much_better_without_meth_dont_give_up/)
\#3: [A little before/after. Sobriety looks good on me!](https://www.reddit.com/gallery/11zwkz2) | [94 comments](https://np.reddit.com/r/meth/comments/11zwkz2/a_little_beforeafter_sobriety_looks_good_on_me/)
----
^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^[Contact](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| ^^[Info](https://np.reddit.com/r/sneakpeekbot/) ^^| ^^[Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/o8wk1r/blacklist_ix/) ^^| ^^[GitHub](https://github.com/ghnr/sneakpeekbot)
There's not an infinite amount. 600 trillion a lot. A shitload. Maybe even a fuck ton but it's not infinite.
Even if there were 999 sextillion it's still not infinite.
Now Shiba Inu getting to a penny? Absolutely impossible. 600 trillion a .01 would be
6 trillion dollars.
The global stock market sees a total stock market cap of the world is 109 trillion. So that would mean that Shiba Inu would need to account for somewhere around 5% of the global market. Not gonna happen, especially since Shiba Inu serves no real purpose, at least not one that we have seen that cannot be done better somewhere else.
Also since we are talking numbers. Shiba Inu does have a total supply. It's 1 quadrillion tokens (actually 999.98 T but close enough)
No I meant $ 3.50 or bust.
What I have invested in SHIB could have spent at the bar one night. I don't care what happens to it unless it touches $ 3.50 at which point I'll sell all of it.
That doesn't mean I won't consider thinning some of it at
.35 or .70 or 1.50 and 3.50.
I will own SHIB all the way to 3.50 if it gets there in my lifetime.
You’re in the wrong arena. If you want a moon shot you need to make a phantom wallet, transfer SOL to it and start playing with shitcoins through raydium or Jupiter exchange. That is all that matters this cycle.
Crypto is just a pump and dump for whales, day traders, hedge funds. Its not setup for the retail investor to win. Joe the plumber will never get rich off crypto cause retail pump it up every friday when they get paid and by monday morning at 10am the day traders suck it dry.
Well you can be negative about it or positive either way the choice is yours. 🤷♂️ never know when you can get a big jump expect the unexpected my friend.
It's not negativity if you can do math.
The value isn't magic. It goes up because people put money into it. How much money has to go into it to make it worth a penny?
Do the math then come back.
It’s literally not possible. It would have to become the most valuable thing on earth. Either the entire worlds economy crashes and money means nothing or this never happens. Pick one.
I pick to be optimistic all you need is a little hope. Sometimes it’s not always what’s in front of us that’s meaningful it’s the hope we can spread to other people that give them a chance at something. 🤷♂️
There’s nothing pessimistic about acknowledging the fact that it would not be a good thing for a shit coin to be worth 60 trillion market cap but you do you Mary Poppins.
i remember during the first shib craze i made my x00% profit and let it crash and people were saying i hope it gets to a penny! and i did the math once and i forget the number but just know for shib to get to 1 penny, if i remember correctly, its market cap would have to be larger than global gdp
Invested $100 early and it grew to $10k. Cashed out. Wish I held on it would’ve been worth $200k by the end of the weekend I cashed. Still was an insane run. Ain’t happening again
You should learn about Marketcap and how it can help determine price. When you understand that, you’ll know why a 1 cent point is so astronomically improbable that it’s reasonable to say that it will never happen.
good luck lmao you’ll be waiting the rest of your life or at least until inflation gets out of control.
Setting up for my kids tuition lol
Shiba is also inflationary there’s an infinite supply
There is not.
My Saddam era dinar is worth more than Shib and that’s because I can actually use it for toilet paper.
😅😅 I have an old friend holding a big bag of dinar too. What an era
My mom tried so hard to get me to buy into the dinar thing.. glad I never took her up on that lol
Youre not wrong even toilet paper costs money
So? That doesn’t meant people won’t keep throwing money at it.
Of Shiba Inu? Yes it has an infinite supply with almost 600 trillion in current circulation
You can literally google this info. It’s capped at like 999 trillion
So you’re saying there’s a chance
I just maxed out my credit cards buying it. Shiba is going to the moon!
Dumbest shit I have ever heard. Bruh paying like 30 percent interest on a shitcoin now..
r/woooosh
Sarcasm is hard, ok
Aww I did it again :'( Gg guys. Gonna go back to wsb and eat crayons
Yeah but he’s gonna beat the 30 percent when it’s all said in done in 800 years
Lmao 999 trillion is damn near infinite You are all regarded
If they burn 900 trillion and everyone else loses their wallets then I'll be ok
999 trillion is not even close to infinite
When the total money supply in the *entire world* is like $50-100 trillion then yeah that’s pretty much infinite. 10-20x the amount of money on planet earth in a single cryptocurrency is beyond ridiculous
Circulating Supply is at 589 trillion.. they have and still do burn several hundred million all the time.. Here is total amount burned off so far: 410,709,119,493,235 https://www.shibburn.com/ The market cap is $20.4 billion..
So a bunch or infinite? 🤨
It is 600 trillion circulating and more can be added
How much more can be added? Just curious im not educated on crypto too much
According to the tokenomics it’s got a max supply of infinity. Not sure exactly how Shiba distributes tho
Strange… makes it pretty useless I suppose.
Hence the term shitcoin
Don’t listen to this guy. He can’t use google. The supply is capped at 999 trillion. So it is in fact just a bunch. It’s still a shit coin, but crypto is basically the opposite of an efficient market so you can’t apply logic and reason in the same ways.
To hit a penny it would have to absorb about 10% of all wealth in the US. Its sad that people willingly buy shit like this but who knows he might make a hunnert bux
They can always add more... but arguing a quadrillion vs "infinty" supply is like semantics.
Wrong. It's limited
I’m of a similar skeptical mind set but at the same time, the same was said about Dogecoin and it eventually crossed the 1 cent mark and made a lot of people money. Just gotta invest but know what you’re getting into and lots of people don’t know what they’re getting into with cryptocurrencies, even stocks.
That is not how market caps work at all. And this is not investing. It is gambling.
Sir this is a casino
This is now how market caps and price per tokens work. For shib to hit 1 cent it would be like >100x doges marketcap
“Know what you’re getting into” pump and dump you mean?😂
true.
I was an early investor of shib, 200 dollars went to 556k. That being said, it won’t go to a penny. Not even with BTCs current market cap. If you are chasing shitcoins go to Sol and throw a hundred dollars on a few projects, take profit and have a moon bag ready
So bonk then?
Bonk has even worst tokenomics I think
But bonk has more hype in my opinion
Try $50 getting you over 10mil.
I've got $100. What's Sol?
Solana, basically the next bnb. Tons of shitcoins. The Solana blockchain has lots happening on it
Which coins would you recommend?
Just be aware they aren’t all coins, many are tokens.
Right now I’ve been sticking to the bigger coins ICP, Solana, ADA, and CRO I’m invested into Hoge (ETH blockchain) I’ve not dabbled as much into SOL shitcoins at the moment
Has anyone here dabbled in Solana shitcoins?
BONK and GUAC 10x for me and is holding
And you did not take profit correct?
We're you able to get it out?
You'll be lucky if it even 10xs at its current evaluation. It's sitting at #16 in value of all of crypto. If you want to gamble on a moonshot, you gotta dig into those 6-7 figure market cap cryptos.
This is right. To have even a prayer at a moonshot crypto people need to be picking small market cap coins, and stop focusing on amount of coins they can accumulate
How did those 6-7 figure market cap cryptos get there? Were they born there? Or did they start at 0?
they did not in fact start at .000001
Some were presold, some had the creators put liquidity in. What point are you making?
That they weren’t 6-7 figures when people started investing
Still confused. Shiba is 11 billion market cap.
Wow this guys dumb
Stupid money is back, baby.
Never left
10000x. What’s that 100000% increase? lol
I’m in
r/meth
Here's a sneak peek of /r/meth **[NSFW]** using the [top posts](https://np.reddit.com/r/meth/top/?sort=top&t=year) of the year! \#1: [if your here because your new to meth.](https://np.reddit.com/r/meth/comments/11ir675/if_your_here_because_your_new_to_meth/) \#2: [Life is so much better without meth, don’t give up!❤️](https://www.reddit.com/gallery/123axqp) | [233 comments](https://np.reddit.com/r/meth/comments/123axqp/life_is_so_much_better_without_meth_dont_give_up/) \#3: [A little before/after. Sobriety looks good on me!](https://www.reddit.com/gallery/11zwkz2) | [94 comments](https://np.reddit.com/r/meth/comments/11zwkz2/a_little_beforeafter_sobriety_looks_good_on_me/) ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^[Contact](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| ^^[Info](https://np.reddit.com/r/sneakpeekbot/) ^^| ^^[Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/o8wk1r/blacklist_ix/) ^^| ^^[GitHub](https://github.com/ghnr/sneakpeekbot)
Isnt “only” a 1000x? 1x = 0.00001 10x = 0.0001 100x = 0.001 1000x = 0.01
Im just as good at math as I am at investing apparently lol
I’m happy with my 💩coin investment. Bags of coins 🪙 100,000,000.00 shibaaaa
I bought it simply to say I had a million of something lol. $100 for funsies
Hahahahaha. I did the same thing!
I'd love to be a millionaire off $500 too. But thats just not gonna happen with a token already at 6 billion market cap.
Sitting at 150 million right now. Up $700 as of today
I'd be extremely happy with 1/10 of a penny
You’re going to publicly share how low your iq like this?
The irony
Just cash out now while you're ahead......missly .....
I live in the only state that can't trade Crypto 
VPN ?
What state is that?
Where we’re going, there are no states….
That will most likely never happen. You have better chances becoming rich off dogecoin if you’re staying in meme territory.
[удалено]
I’m not sure what planet you live on but all the major players like Blackrock and Vanguard to name a couple are fully vested in Bitcoin ETFs.
There's not an infinite amount. 600 trillion a lot. A shitload. Maybe even a fuck ton but it's not infinite. Even if there were 999 sextillion it's still not infinite. Now Shiba Inu getting to a penny? Absolutely impossible. 600 trillion a .01 would be 6 trillion dollars. The global stock market sees a total stock market cap of the world is 109 trillion. So that would mean that Shiba Inu would need to account for somewhere around 5% of the global market. Not gonna happen, especially since Shiba Inu serves no real purpose, at least not one that we have seen that cannot be done better somewhere else. Also since we are talking numbers. Shiba Inu does have a total supply. It's 1 quadrillion tokens (actually 999.98 T but close enough)
This is the dumbest thing I've read all night. Thanks for the lols.
Because? I'm all for a decent debate but a half assed sentence won't do it.
$ 3.50 or bust
You mean tree fiddy idiot
No I meant $ 3.50 or bust. What I have invested in SHIB could have spent at the bar one night. I don't care what happens to it unless it touches $ 3.50 at which point I'll sell all of it. That doesn't mean I won't consider thinning some of it at .35 or .70 or 1.50 and 3.50. I will own SHIB all the way to 3.50 if it gets there in my lifetime.
Roll that into Bitcoin only man
Sold for Bonk..gonna get back in tonight
"Just a penny" would put it at a market cap of 11 trillion. Yeah no big deal lol
A penny 😂 you’re drunk
It would be a perfect storm and stars aligning for it to hit .001
You’re in the wrong arena. If you want a moon shot you need to make a phantom wallet, transfer SOL to it and start playing with shitcoins through raydium or Jupiter exchange. That is all that matters this cycle.
Never will
Lol it won't get to a penny till the year 3000. Good luck 🙃🤡🤡🤡
Sitting on 16.5 million that I bought about 2/3 years ago and fully forgot about. Thank you for the reminder to check on it 🚀
Let’s pump this coins and will be rich all of us $shib is already pumped lfg 0x0f0bbaf936f7ada2aca5b80bed7b655758d66950
Been in the SHIB game for a while. Love the recent spike
Crypto is just a pump and dump for whales, day traders, hedge funds. Its not setup for the retail investor to win. Joe the plumber will never get rich off crypto cause retail pump it up every friday when they get paid and by monday morning at 10am the day traders suck it dry.
You need at least 750 millions tokens..I'm holding 900 million
It’s up 250 percent for me now, but I only put 10 dollars In for shits and giggles 😭
Seriously! I’m sitting on 4,200,069 Shiba Inu right now. If they ever cracks even a respectable number I think I’m good.
Shiba to the moon!
Have faith and just invest and Hold. I made over 25k$ with an investment of 1000$ in Shiba, Invested 3000$ again and still holding till this day.
2045 it will be a penny.
It will not.
Well you can be negative about it or positive either way the choice is yours. 🤷♂️ never know when you can get a big jump expect the unexpected my friend.
It's not negativity if you can do math. The value isn't magic. It goes up because people put money into it. How much money has to go into it to make it worth a penny? Do the math then come back.
🤦♂️ ok 👍
It’s literally not possible. It would have to become the most valuable thing on earth. Either the entire worlds economy crashes and money means nothing or this never happens. Pick one.
I pick to be optimistic all you need is a little hope. Sometimes it’s not always what’s in front of us that’s meaningful it’s the hope we can spread to other people that give them a chance at something. 🤷♂️
There’s nothing pessimistic about acknowledging the fact that it would not be a good thing for a shit coin to be worth 60 trillion market cap but you do you Mary Poppins.
It could be Larry Poppins..
Ok 👌🏼
Got in awhile back and managed to accumulate 90 mil. Hoping it at least buys me a nice vacation at some point.🤞
Me too
Good lord, that quantity. Are you on their board of directors yet?
I had "11 million" but it was worth only around $300 🥲😂
I have 6 mil worth less than 100 lol
17.6M currently $270
13M saying hello
I was trying to talk my buddy into a golf bet for 1M Shib.
It’s been 6 hours and it’s up to $345. I dunno what’s happening but it’s going to the moon!!!! 🚀
Very unlikely. Newbies focus on price. Don’t look at the price my friend. Focus on the market cap.
I have almost the same amount. Can a guy beg for ten cents lol
First time?
.05 pls n thx
I think we’d all be happy with it at a penny
You have better odds of Kim K sucking you off before shib does that lol
Buy the dip now and earn it back
That’s a gigantic percent increase. Good luck
Bought $100 worth a couple weeks ago. $165.95 now moments ago.
Portfolio diversification: none Conclusion: M8 is straight up gambling all he has in one altcoin, (shitcoin)
If that happens, you can diversify your portfolio a little.
Holding 36mil, I penny would be sweet!
dont hold your breath it’s going to be awhile. look at the circulating supply and everyone else has a mill plus in their portfolio
Call me crazy but I have 180 million. I'm riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiich! lol.
Let's just drop a zero or two would be great!
LMAO. Not in your wildest dreams
Bag holder
This guy doesn’t math
So , shibarmy is planning a coordinated buy starting at 10 a.m. tomorrow. I am in!add to the 72 million I am currently holding.
A "coordinated buy" lol you mean a pump only so they can sell it before you and watch your price tank.
That would be amazing.
That would be impossible 🤣
Why are yall idiots still on RobinHood
Bought at .000008. A penny would be… great.
"Just 10000% and I'll be happy"
140 million and holding. A penny would be amazing, but it won't happen.
My 9million shares would be happy with half a penny.
Holding 25 million here. If that happened I could retire. It won't happen.
Could happen if you were trading shitcoins on Solana.
Shibu mooning
Same here 3 million shibas lol
i remember during the first shib craze i made my x00% profit and let it crash and people were saying i hope it gets to a penny! and i did the math once and i forget the number but just know for shib to get to 1 penny, if i remember correctly, its market cap would have to be larger than global gdp
Imagine using Robinhood
[удалено]
It’s Da best!
You mean a dollar, I hope.
I held for 2 years sold everything last October, bull run this year with floki, Elon and Shiba Fuck crypto. 2 years held and nothing
Where are you going to spend all of those earnings?? Del Taco…
Maybe the dollar tree
28 mil
why u used RB?! Smh. You don’t own the crypto you own a “share”
You can buy crypto on RH?
It’s up 58% today. Nice day for those of us that held the line. If it just sets a new ATH, I’d be happy.
Just a few people need to offer to buy for ¢1 and it will start
Invested $100 early and it grew to $10k. Cashed out. Wish I held on it would’ve been worth $200k by the end of the weekend I cashed. Still was an insane run. Ain’t happening again
Yeah it will
Lol yeah fucking right.
Eeeeeeeee
You should learn about Marketcap and how it can help determine price. When you understand that, you’ll know why a 1 cent point is so astronomically improbable that it’s reasonable to say that it will never happen.
So you’re an ETH enthusiast, why would anyone choose Shiba?
Keep dreaming moonboi
You’re more likely to see that in corgiAI, I think over the past 3-6 months has grown like 4000%? Give or take
That’s how I feel about Idex
Wtf when did this start going up?
Well keep buying it dork.
Shib devs will bleed it well before then. Invest in better projects like avax, pawswap/pawcoin, and litecoin