Topic: Is Shiba Inu still worth it? (Read 1453 times)
This is pure meme coin but their hype is not at all convenient because without real service they have created a lot of hype in the market due to which the investors of their coin are increasing. Many crazy investors are doing this with the idea of getting rich suddenly and they dream of shib token as dogecoin in the future. I think meme coin should be more careful because these tokens can die anytime. Moreover, the supply of meme coin is relatively high so there may not always be hype about the main growth.
It's still worth it but I think the FUD will have to continue considering the Shibarium launch didn't end well for them. There has been ETH and BONE tokens stuck on the bridge contract. Well, it's not good now for SHIB but I think their layer-2 will here to stay and maybe it's the right time to DCA on SHIB right now.
I guess developers were focused more on hyping the launch of Shibarium, instead of testing the platform beforehand. They have plenty of work to do if they want to maintain investors' and traders' confidence in SHIBA. While Shibarium is promising, I don't think that will have a significant impact on SHIBA's price. If developers start burning tokens right away, SHIBA could easily hit $0.01 in the future.
Be aware though, the competition is getting fierce. There are other Layer-Two networks built on ETH aiming to reach the top. Base is one of them. If Shiba Inu developers don't bring something innovative to Shibarium, the SHIBA token will remain a speculative investment for long. Who knows if SHIBA ultimately fades away into oblivion? Just my thoughts
It's still worth it but I think the FUD will have to continue considering the Shibarium launch didn't end well for them. There has been ETH and BONE tokens stuck on the bridge contract. Well, it's not good now for SHIB but I think their layer-2 will here to stay and maybe it's the right time to DCA on SHIB right now.
I don't think it gonna happen. In the next few years i believe Meme coins hype will end.
In my opinion coin like SHIB or any others meme coins don't deserve to go up.
Meme coins just make crypto looks bad as an investment instrument.
In my opinion coin like SHIB or any others meme coins don't deserve to go up.
Meme coins just make crypto looks bad as an investment instrument.
I have 20 million but haven't bought any for over 6 months as I only bought at the time as I was fairly new to crypto and it was low compared to its all time high but I now understand market cap etc.
With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.
With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?
While predicting the exact future price of a cryptocurrency is challenging, it's important to consider various factors.With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.
With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?
Market cap is a useful metric to assess the size and potential of a cryptocurrency. With a current market cap of $6.3 billion, there is certainly room for growth. However, reaching a market cap of $100 billion would require significant market adoption and increased investor interest.
The release of Shibarium, scheduled for this year, could positively impact the price of your investment. New developments and improvements in a cryptocurrency's ecosystem often attract attention and can potentially drive up its value. However, the extent of the price rise is difficult to determine and depends on various factors such as market sentiment and adoption.
Nothing impossible with Meme coin like SHIB especially SHIB has a BIG community in crypto. So i can say it possible for SHIB to reach that price in the future. There so many surprise with this coin, can't wait for the next one.
If we ask whether the Shiba Inu (SHIB) is still viable it needs to require careful consideration. here I understand your previous doubts and add to the knowledge of market dynamics in predicting price action. With a current market cap of $6.3 billion, reaching $100 billion makes sense, potentially resulting in a 16x increase for SHIB. Yeah. Shibarium could push up the price but to what extent it will potentially go up is uncertain especially now that there have been issues recently SHIB fell more than 10% due to rumors of plagiarism in the Shibarium blockchain code even though Shibarium is slated to launch in Q3.
Shiba Inu being a meme token, depends mainly on hype. Just as in the case of Doge coin which suddenly rose when Elon Musk tweeted about it, Shiba Inu may also rise at any time if any of the influencers tweet about it. Since it is unpredictable when such a tweet could take place, the best bet is to keep holding. In my opinion, it is not a wasted effort to keep holding. All investment still needs some patience after all. However, holding Shiba Inu is a risk of some sort, since the token may go down, just like every other investment, so only hold the amount you can afford to loose. And remember not to put all your eggs in one basket.
Sorry to say for meme coin it's not worth anymore, even shiba inu have shibarium i'm still not confidence for invest my money to that coin. Shiba inu just hype because elon musk tweet. I'm believe each meme coin who hype it' just survive for short term not for long term. Think about it how to put your money in the safe place
this shiba inu coin has been surviving for quite long term honestly but if we are speaking about in regard of its potential here, I just don't think there's any potential left.its done having shill from elon and it seems their many attempts of somewhat growing the coin by releasing something like shibarium gonna be just results nothing and will be in vain.
though the trading volume of this coin was still quite high, it's also still ranked high but I just don't think the increase of this coin will be massive
like back in the days where shiba was getting constant shill from so many people out there.
For now Shiba is getting into the token meme which I think is still worth keeping because it is widely known and many people believe in that token. I advise you to save your meme tokens as I'm sure Shiba will be back on the moon sometime in the future.
I agree that Shiba Inu is a popular memecoin right now and many people are investing in Shiba Inu, but I would not advise you to invest in Shiba Inu for the long term, because it is very risky if memecoin is no longer hype, therefore if the price of Shiba Inu has increased and you have made a profit, so you better sell it immediately, because if memecoin is not hype anymore, then of course the price of Shiba Inu will be difficult to increase.
Very risky and if you put your money inside this meme asset make sure that you are willing to let that amount go so you'll not
going to regret if things will not go according to how you project your potential profits.
The risk is high but if luck permits and Shiba moves like how Doge before, we really can't conclude especially if there are people
who continue to take the risk.
Just be precise with your willingness to wait either to profits or to lose everything.
The idea is actually quite simple, but indeed many people do not pay attention to the risks which make it even more difficult to control, so in this case continuing to advise not to enter into such things will obviously seem useless because this is just a passing wind.
We certainly have many opinions on this subject and indeed those who enter regardless of anything have their considerations. although indeed I would not suggest it like you do but while they are still there it is also their decision and I will not feel it is a problem but don't use this as an excuse for fraud and crypto is a scam when the results are not as expected .
Shiba inu still has good development and what I really salute to shiba inu is the community,
the Shiba inu community is very compact and strong,
this makes Shiba still perched in the top 20 coinmarketcap and is a memecoin that is worth investing in.
I think shibarium is very fresh for shib holders, but for long term investment with the current state of crypto I'm not sure it will reap good results. I also have a few coin shibs and I'm still hoping for these coins to go up again
The problem with meme coins is that, one can not really picture out their long term usage since their are just design to feed on hypes and nothin more because unlike other coins that have a utility feature one can have confidence in the recovery after a long time but in this situation shibanu may take forever to make that possible recovery happen or never happened at all and the coin becoming dumped at the end. But all the same if you are taking it as a gamble then I will say it ok to risk a few bulk on shibanu and if luck smiles on you it may end up being a profitable decision in the short term shoot.
Sorry to say for meme coin it's not worth anymore, even shiba inu have shibarium i'm still not confidence for invest my money to that coin.
If you think that way then better not to take the risk, your assessment will give you peace of mind. Whatever happens
you'll not going to be bothered.
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Shiba inu just hype because elon musk tweet. I'm believe each meme coin who hype it' just survive for short term not for long term.
I agree, it's just a short time and the next thing to happen is unknown. Better to think twice before taking a dive.
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Think about it how to put your money in the safe place
Very important to always DYOR and decide once you are sure about your investment.
Sorry to say for meme coin it's not worth anymore, even shiba inu have shibarium i'm still not confidence for invest my money to that coin. Shiba inu just hype because elon musk tweet. I'm believe each meme coin who hype it' just survive for short term not for long term. Think about it how to put your money in the safe place
We do have different preferences because on the time that SHIB had been removed on innovation list in BInance then it did really make out that kind of impression that it had been removed out due on being a meme coin but now that it does have that Shibarium which it might be likely to be launched on bull run time then it is really real thing that makes this coin would pump up again but we know thatonce that the community would really be having the feeling that it isnt really that worth anymore then they would really be having that kind of treatment or on having that lose confidence on such project.
It would really be you choice whether you would really be still stashing or holding SHIB on your bag because in my part i've been holding a couple of hundreds in dollar value.
Always be mindful about on the money that you had invested in. Dont anticipate or expect about assurance because we wont know on what the future holds.
I do also stash PEPE on my bag too which there are talks that this would flip out SHIB.
Sorry to say for meme coin it's not worth anymore, even shiba inu have shibarium i'm still not confidence for invest my money to that coin. Shiba inu just hype because elon musk tweet. I'm believe each meme coin who hype it' just survive for short term not for long term. Think about it how to put your money in the safe place
its not worth it for investment anymore because why? its value is already so high, you're most likely gonna be like those that invested later than 99% shiba holders and if you expect that you gonna make some money out of it then forget it.
those that invested earlier than you will definitely make some profit and dump it first, so forget about getting huge gain.
those that invested earlier than you will definitely make some profit and dump it first, so forget about getting huge gain.
Meme tokens will not survive in long run. Shiba inu make some movements because of the hype of the community. So don't take too many hopes in this coin. If you really want to makes hope for future then invest always Bitcoin.
Hmmh Shib at 100 billion thats just wild man Am sure that would be hard to hit like literally crazy number and Shibarium will need like major partnerships like DC NetFLIX or some majority hype from twiiter when they decide to dump Doge (ELON) I highly doubt that is even possible I and others will hopefully see this next bull Also I think I will buy a bag of shib to see
Shiba inu still has good development and what I really salute to shiba inu is the community,
the Shiba inu community is very compact and strong,
this makes Shiba still perched in the top 20 coinmarketcap and is a memecoin that is worth investing in.
For now Shiba is getting into the token meme which I think is still worth keeping because it is widely known and many people believe in that token. I advise you to save your meme tokens as I'm sure Shiba will be back on the moon sometime in the future.
I agree that Shiba Inu is a popular memecoin right now and many people are investing in Shiba Inu, but I would not advise you to invest in Shiba Inu for the long term, because it is very risky if memecoin is no longer hype, therefore if the price of Shiba Inu has increased and you have made a profit, so you better sell it immediately, because if memecoin is not hype anymore, then of course the price of Shiba Inu will be difficult to increase.
Very risky and if you put your money inside this meme asset make sure that you are willing to let that amount go so you'll not
going to regret if things will not go according to how you project your potential profits.
The risk is high but if luck permits and Shiba moves like how Doge before, we really can't conclude especially if there are people
who continue to take the risk.
Just be precise with your willingness to wait either to profits or to lose everything.
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