SHIBUSDT
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SHIB
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SHIBUSD
Month to month year to year chart.
Hola shib fans - I had a question asked by one of my followers about Shibarium.
From: ShibaArmy77
"@Grandmaster_Oz I know this is a silly question that no-one can be 100% certain of... Do you think when the Shibarium gets launched, can Shiba potentially eat 2-ZEROES? I know there's not a definite answer, just wanted to hear your thought on it and see if there is a potential?"
Good question!
Short answer: Anything is possible, such as - if dead companies like blockbusters that's been Bankrupted and liquidated can comeback from the dead and have a market price higher than Elon Musk's favorite crypto the dodge coin.
😏See what I did there.
Then it's possible for Shibainu to see heights such as removing a few zeros, in fact I'm begging it to - please do so, I want to retire at 40 years of age.
But sadly you come asking for a real prediction and yes it is possible for it to even see $0.01, but we would require a rally for that to happen.
So the long answer is: not really possible not at this very moment.
Shibarium is launching at the right time yes - as the market for shib from this month currently - till July of 2024 is in an up trend / wave - which can aid the potential rise of shib to newer heights - but there are a lot of unwanted factors in the way, for example:
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Public/ market interest
The fact we are supported by Ethereum - but that's not much of a issue if we can rally up-word and give shib a backbone of it's own.
Government regulations breathing down our necks.
An Lastly
The flow of the economy
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What can fix or remedy these issues are:
large rallies in wave succession
Whales looking for greater gains at such low prices.
High public interest
More reward than risk
less panic sellers
less impatient investors ready to sell
less impatient whales that like to sell
And lastly
Removal of day traders - like myself.
😩(Yeah I'm contributing to the problem, but who wants to watch it crash when you can have greater returns.) (Sorry in advance)
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But this is just the tip of the iceberg we call Shib with the support of Shibarium.
Your other issue is the path it takes. With the right path it will rise over time, the wrong path with no support will result in Shib crashing to it's original state it was suppose to be in the market.
It's mostly people selling to make it rich and forcing the wave to start collapsing, and once it starts it's not stopping. So that is the cause but really it's a lot of factors, mostly timing and the willingness to buy.
Get a single rally to make a powerful wave up to 0.00008000 or more, it'll fall within a week because of lack of support - new buyers panic selling and everyone wondering why the hell is it crashing and rushing to blame the value of the shib market for it's weakness.
But in reality we are riding in waves, and some waves are high others are low and when there low even with a rally it will fall back regardless of how you feel about the coin. Trick is you need more than one rally to force it to move up and keep it in place or else it continues to fall back down, it's always wanting to go down, that's the stock market in general.
And lets not forget about the crypto depression that can take you from 0.00008000 to 0.00000700 in a matter of 2 weeks. That's what happen in 2021.
So the best path to take is the slow and steady path, that's creating new peak points and gaining support to stop the lows from getting any lower.
Even with cryptos like Bitcoin for example and their limited supply - the price is still going down because they are in a down wave and the holders don't even know it or care to hear about it.
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So in conclusion do I think Shibarium will help Shib lose a few zero?
Yes, it will but highly unlikely to happen at this very moment maybe in a year or so - but you never know till you Hold and watch the ride.
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Just be happy we have something that doesn't go bankrupt like the stock market does with companies that enjoy doing negative splits and charging you 50 bucks for your 1 share/ half a share, blasted thieves.
Yeah sorry past events on E-trade popped in my mind, more like nightmares really.
Any-who hope this helps.
