I think all things besides Dogecoin are sort of dead right now in meme coin scene. Shiba was awesome and quickly became hit although there are many many coins with decentralized apps and many other uses. Why would you buy and hold shiba other than online tipping?
Very relevant question, why would you if you do have lots of options that more probably to rise without the help of manipulated market?
Shiba received hypes when Doge is being pumped by Musk, but after this correction there is no more much talk about this coin,
most traders are busy seeking for good projects that will give them decent profits without worrying much,
Though it's still possible as we know that manipulation may happen, it's the whales and the team behind can push
The price and let many traders to follow and ride with another hypes. We don't know when though
I am literally tired of hearing this every day. SHIB will make a lot of millionaires if such things happen though!
The question is, are you one of them?
Because loyal people haven't left, SHIB holders still have faith. Whenever gas is unreasonably expensive, you can't afford to buy any...
If SHIBA is a dead cat, then how long will holders live? I think it will drop more as the day passes, rather than takeoff.
BTW! A long-term hold is the only option left for those who bought at peak price.