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Topic: SHIB the new tough competitor to DOGE - page 3. (Read 939 times)

legendary
Activity: 2982
Merit: 1028
October 05, 2021, 12:28:35 PM
What is the usage of SHIB? What value does it bring to the people? It's just another shitcoin, face this sad truth Smiley
But Dogecoin was first to take this role and SHIB is just a clone. Clones never get as far as the original project did.

Exactly. There really is no use to SHIB other than being a purely-speculative cryptocurrency. There are many clones aiming to become the "next Dogecoin", but they've ultimately failed as people move on to the next big thing in crypto. Dogecoin may have been created as a "joke" but it's one of the oldest altcoins in existence with a tried-and-tested blockchain network. Not only that, but the DOGE community is a lot bigger than SHIB's.

I believe SHIB is extremely hyped right now, as newcomers into crypto pour money into it with the hopes of becoming rich quick. They'll be sorry in the long run as everything goes down the drain faster than you could've ever imagined. I wouldn't consider SHIB a tough competitor to DOGE because of the reasons mentioned earlier. Who knows how long it'll last? Just my thoughts Grin

Very scary if you'll going to put your money while the price is peaking,

There's a high chance that this hypes will end and you might trapped out and lose a lot, like how you describe this project

more on specualtive and without those who are behind this pump, there's no real use case for this coin.
Better to focus with other project if you are not willing to lose your money.

I Think, Shiba inu is more different in others meem coin. SHIB is more hype cryptocurrency. Today SHIB is very pumping. Today shib price huge increase. I think shiba inu is more development in future.For my experience, My holding shib right now total 50$ proif already. I think price will be more increase this year.

Good for you, but always have alternative plan if something happen, this asset maybe pumping now but expect that

there's are always possibilities of quick dumped.
full member
Activity: 1358
Merit: 104
October 05, 2021, 12:12:28 PM
I Think, Shiba inu is more different in others meem coin. SHIB is more hype cryptocurrency. Today SHIB is very pumping. Today shib price huge increase. I think shiba inu is more development in future.For my experience, My holding shib right now total 50$ proif already. I think price will be more increase this year.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 05, 2021, 10:55:38 AM
What is the usage of SHIB? What value does it bring to the people? It's just another shitcoin, face this sad truth Smiley
But Dogecoin was first to take this role and SHIB is just a clone. Clones never get as far as the original project did.

Exactly. There really is no use to SHIB other than being a purely-speculative cryptocurrency. There are many clones aiming to become the "next Dogecoin", but they've ultimately failed as people move on to the next big thing in crypto. Dogecoin may have been created as a "joke" but it's one of the oldest altcoins in existence with a tried-and-tested blockchain network. Not only that, but the DOGE community is a lot bigger than SHIB's.

I believe SHIB is extremely hyped right now, as newcomers into crypto pour money into it with the hopes of becoming rich quick. They'll be sorry in the long run as everything goes down the drain faster than you could've ever imagined. I wouldn't consider SHIB a tough competitor to DOGE because of the reasons mentioned earlier. Who knows how long it'll last? Just my thoughts Grin
hero member
Activity: 2156
Merit: 531
September 28, 2021, 10:59:49 PM
Honestly, I'm not a fan of meme coins, but it looks like Shiba has come to compete with Doge Coin. However, currently Shibacoin is not said to be a competitor to Dogecoin because the current price of Dogecoin is very high. however, many people prefer to focus on other coins rather than meme coins. but let's look at the potential of this coin, if the price can get close to the price of Dogecoin, it could be hot enough news to make meme coin popular again.
I don't think it's just a matter of price ,compete for the popularity and resilience of future holders so that prices will improve later ,yes now can't compete if haven't accepted in gambling industry ,AFAIK we all know that Dogecoin dominates and is popular in many gambling industries even at the very beginning of its launching when compared to meme coins like shiba inu it's very far ,maybe in the future will expand the population of holder there's nothing wrong with put shiba in a basket because the price is still cheap who would know the price would explode
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
September 28, 2021, 07:58:39 PM
However, currently Shibacoin is not said to be a competitor to Dogecoin because the current price of Dogecoin is very high.
Mate, do you only consider the term of competitor from the price only? I think it is not only determined by the price only, but we can consider how the popularity of SHIB and the potential of this coin to overtake Doge in the future. SHIB price is still cheap because it is a new coin, it will grow gradually if this project continues its development well. By the way, Dogecoin price cannot be said "very high" or very expensive. We know the price of Dogecoin is only about $0,19 right now.

legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
September 28, 2021, 05:03:02 AM
Honestly, I'm not a fan of meme coins, but it looks like Shiba has come to compete with Doge Coin. However, currently Shibacoin is not said to be a competitor to Dogecoin because the current price of Dogecoin is very high. however, many people prefer to focus on other coins rather than meme coins. but let's look at the potential of this coin, if the price can get close to the price of Dogecoin, it could be hot enough news to make meme coin popular again.
newbie
Activity: 56
Merit: 0
September 28, 2021, 03:58:50 AM
Elon Musk is a good player in crypto market which show you the shitcoin! , i cant trust Shib when it follow Doge way.

investing on people opinion is like investing on balloon.
newbie
Activity: 22
Merit: 0
September 27, 2021, 09:38:15 PM
SHIB, like DOGE, is a buying frenzy caused by Musk. For most people, the price at which they buy SHIB or DOGE is not low, and perhaps they are still at a loss. Personally, when a whale buys a token at a very low price and vigorously promotes the token, I will not choose to participate.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
September 27, 2021, 07:59:18 PM
How long do you know SHIB and Doge?
If you analyze which meme coin can grow well since the popularity of Dogecoin is increasing, only SHIB can constantly grow up well. Other meme coins were just created to increase temporarily, they just survive weeks or months before decreasing constantly. According to this fact, it is clear that only SHIB can be a potential competitor for Dogecoin. IMO, the developer of SHIB is the most serious meme coin developer, while other meme coin developers just target to gain money instantly.
hero member
Activity: 3052
Merit: 606
September 27, 2021, 07:55:50 PM
I hope this does not happen. All the same, Elon has already undermined his reputation, and I do not think that he will be so reckless as to sew another meme.
However, even if that happens, I don't think the market will react overly positively to the current downturn.

Why are you so concerned about his reputation? It has been tarnished already, but sure he still have a lot if supporters and followers. Shilling another meme coin, isn't a far fetched story for Elon, he can and will eventually talk about this sooner, this is the kind of scenario Elon wants to see when people are exercising their risk appetite by putting a lot of money in a meme coin. People loves easy money anyway, so I guess putting enough hype to a coin will do the trick.
SHIB is one of the top coins in the market that should never be ignored that is why most of the wise investors today are looking forward for this coin even if the future is still uncertain. And just like dogecoin, Elon will most likely to come in the market and manipulate it again. Its really possible since Elon is more of a greedy person just to fulfill his own desire for profits.

And knowing SHIB has more potentials compared to dogecoin, i know even if it will only be profitable for short term, lot of investors will definitely would not want to miss that chance. So invest in SHIB with caution, meme coins  will always be meme coins. Its future is not that certain and reliable compared to well developed coins.
hero member
Activity: 2716
Merit: 552
September 27, 2021, 06:00:46 PM
I hope this does not happen. All the same, Elon has already undermined his reputation, and I do not think that he will be so reckless as to sew another meme.
However, even if that happens, I don't think the market will react overly positively to the current downturn.

Why are you so concerned about his reputation? It has been tarnished already, but sure he still have a lot if supporters and followers. Shilling another meme coin, isn't a far fetched story for Elon, he can and will eventually talk about this sooner, this is the kind of scenario Elon wants to see when people are exercising their risk appetite by putting a lot of money in a meme coin. People loves easy money anyway, so I guess putting enough hype to a coin will do the trick.
member
Activity: 137
Merit: 10
September 27, 2021, 05:40:25 PM
Here we go SHIB is now listed in coinbase which is absolutely a great news now the game changer Elon Musk might play a drama to make people fool in upcoming days, probabilities are high because that's what he did for doge coin too. Meme coin became a rockstar over a couple of months and I guess now it's the turn for SHIB coin, guys make use of opportunities it's a rare chance in my opinion go for it if you want to see you as a millionaire.
I think myself will look for opportunities with other coins but not meme coins. Maybe these don't fit my criteria for the field, as if they're really being manipulated too much by news reports. exaggeration. because I think the bull cycle is over and since Eloin Musk didn't post his tweet about Dogecoin, people must have forgotten about it. And the price of this coin will drop sharply in the near future.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
September 27, 2021, 05:20:12 PM
SHIBA getting listed on coinbase will definitely not make that huge impact or it for now. Because it has been listed on Binance even from the very first week of it's launch. When you look at the kind of exchange Binance is, you will know that it is such a strong exchange that whenever a coin is announced to be listed on it. You are always a sure that you can trust the coin. One other thing is the the developer of SHIBA INU coin are really working hard, and their hard work will soon be reward cause I can see Shiba coin doing better than doge very soon.
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
September 27, 2021, 12:51:34 PM
The recent developments on SHIBA indicates that the meme coin have a bright future. Launching of Shiba Inu's own decentralized cryptocurrency exchange platform known as ShibaSwap is a great leap. Also, Coinbase listing of the meme coin is another important added advantage. These features really makes Shiba a strong contender of Doge coin. If you can afford to spare a little amount, it is not a bad idea to buy and hold Shiba.

I was excited about the SHIBA Inu again after the news of them launching a defi and with good ratings provided by certik. Thought the price is going to rise again but the actual launch was not so popular. They put on a dull looking site with their own coins on staking that too with a poor ROI. A defi that exclusively depends on creating its own coins one after another is destined to fail. As of coinbase, they has turned into a traditional centralized exchange and they'll pick up any popular coins just to get the profit on fees.
jr. member
Activity: 1288
Merit: 7
September 27, 2021, 11:10:29 AM
The recent developments on SHIBA indicates that the meme coin have a bright future. Launching of Shiba Inu's own decentralized cryptocurrency exchange platform known as ShibaSwap is a great leap. Also, Coinbase listing of the meme coin is another important added advantage. These features really makes Shiba a strong contender of Doge coin. If you can afford to spare a little amount, it is not a bad idea to buy and hold Shiba.
jr. member
Activity: 1036
Merit: 1
September 27, 2021, 10:13:14 AM
In 1st Time SHIB make lots of Move and Market Hype help HIM to do it perfectly. After then when Hype was gone SHIB just become a normal Token, not Shit Coin! Team already lots of things to help this Project and Community to create another HYPE! And sometimes we hear Elon mask name on this Project which creates for PUMP! If we see SHIB Team & Community already try lots of things for PUMP SHIB! Unfortunately, we can say SHIB needs some time to back on Track!
full member
Activity: 462
Merit: 100
September 27, 2021, 08:27:55 AM
Here we go SHIB is now listed in coinbase which is absolutely a great news now the game changer Elon Musk might play a drama to make people fool in upcoming days, probabilities are high because that's what he did for doge coin too. Meme coin became a rockstar over a couple of months and I guess now it's the turn for SHIB coin, guys make use of opportunities it's a rare chance in my opinion go for it if you want to see you as a millionaire.
I am not sure Elon mask will do but I can say if Elon mask does something it will go a very good position there is no doubt so we have to wait for the upcoming update I can say if the list coinbase exchange will pump I can sure. and waiting for Elon mask update.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
September 27, 2021, 08:19:07 AM
#99
An example of the influence of Elon Musk's tweets on the growth of the rate of even the most forgotten cryptocurrencies opened up new possibilities for manipulating the crypto market. If earlier for this, the manipulator had to inject significant amounts of his money into a separate cryptocurrency, now it is enough when any media "star" only hints about his interest in a certain token. Further, crowds of gullible fans, without any compulsion, will fill this raging stream with their own money. It has become much more profitable for the manipulator to pay such a "star".
but I guess that's all in the past. no more stupid followers who only believe in the ravings of people like Elon on their social media.
we do see how the excitement of the meme coin market continues to build with popular new assets from influential people. but everyone in the crypto market now knows better, the assets they should buy or just to see through.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
September 27, 2021, 08:16:00 AM
#98
Here we go SHIB is now listed in coinbase which is absolutely a great news now the game changer Elon Musk might play a drama to make people fool in upcoming days, probabilities are high because that's what he did for doge coin too. Meme coin became a rockstar over a couple of months and I guess now it's the turn for SHIB coin, guys make use of opportunities it's a rare chance in my opinion go for it if you want to see you as a millionaire.
I don't believe it, really it is a big gamble in investing by wanting a lot of profit with a very big risk. look at the beginning of the appearance of the Shib coin the price has continued to decline even though there has been a lot of positive news about the coin. I think the issue game for the coin has failed badly because investors can judge which coins are good to invest in or vice versa.
sr. member
Activity: 980
Merit: 252
September 27, 2021, 08:09:40 AM
#97
An example of the influence of Elon Musk's tweets on the growth of the rate of even the most forgotten cryptocurrencies opened up new possibilities for manipulating the crypto market. If earlier for this, the manipulator had to inject significant amounts of his money into a separate cryptocurrency, now it is enough when any media "star" only hints about his interest in a certain token. Further, crowds of gullible fans, without any compulsion, will fill this raging stream with their own money. It has become much more profitable for the manipulator to pay such a "star".
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