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Topic: shiba inu coin, now ranked 13th in cmc - page 3. (Read 561 times)

sr. member
Activity: 2114
Merit: 309
January 25, 2023, 03:27:46 PM
#53
No matter with Shiba inu coin ranked 13th in CMC if price still drop and difficult reach back to all time higher price, I don't think want back to reinvesting with Shiba Inu after lossing much money there with price drop drastically. There are can't removed about Shiba Inu as meme coins and actually every investor know about what the impact for future when investing assets in meme coins.

Four or six years later I don't sure with shit or meme coins like Shiba Inu has potential back to higher price, last time seems hype due market still stable and when Bitcoin drop all shit coins was gone and several delisted on exchange market.
legendary
Activity: 2436
Merit: 1366
January 25, 2023, 02:42:39 PM
#52
Shiba Inu shouldn't be considered as investment opportunity. Its just meme coin so similar to Doge. I always feel like meme coin buyers are speculators and I was pretty much proven right while we were experiencing huge bull run in last season. As hype slowly died, meme coins are sort of lost in coinmarketcap lists. They are withering away when markets are not doing well. But think about Bitcoin hitting 40000 again. Shiba Inu may do another 2x in very short time. I think its a coin to gamble your money away nothing more. In worst case scenario it follows bitcoin and other big cap alternative coins.
copper member
Activity: 285
Merit: 2
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January 25, 2023, 02:22:53 PM
#51
It's just a meme coin but who knows!! It can go high and defy all negative expectations. Crypto industry is not 100% based on analysis.
hero member
Activity: 1498
Merit: 504
January 25, 2023, 02:09:24 PM
#50
As for the ranking, it is possible that the Shiba Inu will take a higher rank, but there is still a very small possibility that for now, Shiba will experience a significant increase in price and be able to reach its highest ath.
What's more, it is certain that many investors were trapped when Shiba managed to reach high prices and then experienced a very rapid decline in prices.
So if the price of Shiba can creep up then investors who are trapped in prices will sell their assets to save their money, Shiba inu is a coin meme so it is impossible for investors to simply believe in the long term of Shiba inu.
member
Activity: 412
Merit: 10
January 25, 2023, 02:07:34 PM
#49
The inu coins are just for a time being, I don't even think that a bright future they have, because I have seen many of the projects related to inu was only for a small time, or for a fixed time, after that they got down. And most of the projects has been finishes. And for sure I didn't see more big news about shiba inu.
hero member
Activity: 3220
Merit: 678
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January 25, 2023, 01:36:23 PM
#48
I don't think that this meme coin can stay in the top list on CMC nor crypto market for long. sad to say that the price of these tokens has been manipulated by whales. if you still have this token then my advice is to sell it immediately while there is a chance, for me personally, shiba tokens are not good for long term investment.
Top what? There were also top 50 and top 100. As long as Shib is still there and not de-listed from CMC then it will always be at the top x,xx,xxx and so on, on the list. I think the only way for this coin to get de-listed in CMC is if it will also be de-listed in any decent crypto exchanges but for now, I don't see any reason for it to happen.

I know Shib is only a meme coin but as long as it won't scam the public then it will be just fine even though it won't pump a lot. Like anyone else in the room I can only use Shib for gambling maybe and then I will just sell it immediately for other cryptos that I think more valuable to HODL for long term. OP should re-consider his decisions asap.
hero member
Activity: 2114
Merit: 603
January 25, 2023, 01:32:50 PM
#47
That's just dragging train with no proper railroad ahead. It is gonna be another tragic story in the future so better be quick to invest in this coin and make your share of profit. Do not go along with it with the dreams of making millions of dollars in one go. If anyone wants to make money out of coin like shiba then it has to be quick. I mean so quick that we should not wait for the coin to jump below 20% considering it's crazy volatility. With the time this has to be profitable and not the investment which we experienced with another meme coin that is doge. Because these shit coin once locked with down pattern then they are locked there forever.
sr. member
Activity: 1610
Merit: 264
January 25, 2023, 01:23:59 PM
#46
Shiba Inu created with no actual reason and just want to be an alternative after the success of Dogecoin so we can't really talk about its potential cause it doesn't have any real utility or problem to solve. And its a known fact that it is one of the coin highly manipulated by whales so don't be a prey for them, if you are in profits then just get out as soon as possible and invest on something worth.
Yeah, it was just like a meme coin from what we can hear anyway. I believe Doge has somehow a little bit of use where I read somewhere that they are being used in casinos at least, but still we all know it was made for a meme cause why would someone name a certain coin after a popular meme.

I believe there are various casinos accepting Doge, but I cannot mention it otherwise I would be like advertising their business.
sr. member
Activity: 1479
Merit: 273
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January 25, 2023, 12:54:18 PM
#45
Shiba Inu created with no actual reason and just want to be an alternative after the success of Dogecoin so we can't really talk about its potential cause it doesn't have any real utility or problem to solve. And its a known fact that it is one of the coin highly manipulated by whales so don't be a prey for them, if you are in profits then just get out as soon as possible and invest on something worth.
hard to guess shiba, only memecoin survive with big volume and high rank. maybe this is what makes the strong community survive because it looks convincing. seen a lot of progress in innovation has its own dex.
I prefer altcoins that are clear BTC,BNB,ETH if I have shiba I'm worried big holders shiba sell big in the market
legendary
Activity: 3234
Merit: 1055
January 25, 2023, 12:39:18 PM
#44

every layer 1 protocol will have thier own memecoin and it so happens that for ETH, it's Shib Inu. just as the BONK for Solana.

SHIB actually have a good roadmap but have not yet fulfilled so there are chances that it will soon be forgotten or if they are serious, it could rise up like dogecoin the original memecoin.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
January 25, 2023, 11:54:57 AM
#43
lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
DCA method is very effective with which the cryptocrence can be ecstrated in small parts. You may have chosen a good method for the accumulation of coins but you need to gain more knowledge about coin selection. Shib is a meme coin that you may have to hold for a long time. In my perspective this coin is not suitable to to accumulate by followed DCA method. It would have been suitable if you could invest a few top class coins. Especially Bitcoin, Etherium, BNB and dot coins are worthy to invest in DCA, it would have been possible to achieve good profit from there after a while.
sr. member
Activity: 2520
Merit: 280
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January 25, 2023, 11:43:17 AM
#42
Shiba Inu created with no actual reason and just want to be an alternative after the success of Dogecoin so we can't really talk about its potential cause it doesn't have any real utility or problem to solve. And its a known fact that it is one of the coin highly manipulated by whales so don't be a prey for them, if you are in profits then just get out as soon as possible and invest on something worth.
hero member
Activity: 1358
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 25, 2023, 10:33:58 AM
#41
If you believe your Shiba Inu can get a really high rise, you can go for it anyway but I hope you know why you bought a Shiba. Many of us invest in bitcoin and some altcoins as an alternative and it seems that Shiba is still the choice for some as a second investment. I don't know how Shiba's future development or potential, but maybe Shiba still has that and is still waiting for the right time to improve.

Unfortunately, the coins that aren't supposed to have value, pump the most. IMO, the reason is that most people avoid it because of the uncertainty that surrounds the project, so a group of traders can pump the price as much as they want. Shiba is proved trash with no technical value. Indeed, hype still leads most of Cryptocurrencies prices as newcomers are always there in a developed market, and this type of investors usually falls for the hype.
hero member
Activity: 2982
Merit: 610
January 25, 2023, 07:49:20 AM
#40
I would say it was great news for their investors who actually were hopeless after hearing the issue of FTX as they have the chance to sell them and earn some profit. But I don't think they can still afford to reinvest after securing their funds today. We might witness its huge pump these days but couldn't expect as well that it stays in this position and price increase. Because what I've thought about this time is the possible huge drop coming after the investors dump their Shiba Inu for another investment.
hero member
Activity: 1470
Merit: 608
Vave.com - Crypto Casino
January 25, 2023, 06:24:12 AM
#39
lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
Shiba inu not much potential yet. yes it is top 14 ranked now in cmc.  Shiba inu have a huge supply and it has good price still Due to this its marketcap increased automatically and it reached top 14 for highest marketcap. But even if it is in the top 14, I don't think it is a potential token.  And am I personally not ready or interested to invest here. Because it can be a big crush at any time
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 25, 2023, 05:49:09 AM
#38
If you believe your Shiba Inu can get a really high rise, you can go for it anyway but I hope you know why you bought a Shiba. Many of us invest in bitcoin and some altcoins as an alternative and it seems that Shiba is still the choice for some as a second investment. I don't know how Shiba's future development or potential, but maybe Shiba still has that and is still waiting for the right time to improve.
legendary
Activity: 2338
Merit: 1084
zknodes.org
January 25, 2023, 03:23:59 AM
#37
There is no guarantee for memecoin and this is your choice. I also have a few shiba inu that I keep for the long haul. Shiba inu is a popular memecoin after bitcoin. The price has also increased dramatically and reached a pretty incredible ATH.
But holding memecoin like Shiba inu, Doge certainly has a big enough risk. Although being ranked 13th CMC is not a strong guarantee. Because Terra LUNA alone is ranked in the top 10, cmc can fail and go bankrupt, not to mention that it's just memecoin that collapses easily.
The important thing is to be sure and the project is still being developed, it can still be a good hope for the future.
newbie
Activity: 52
Merit: 0
January 25, 2023, 12:10:40 AM
#36
The whole crypto ecosystem has been brainwashed by elon, his stink with doge coin has mad the whole world go boonkers.

What makes a project have value is it's utilities, now imagine a coin with none just buying and selling nft or with a large army hyping it as the Eth k**ler or stuffs like that. These days I only invest in projects with proven track records or potential utilities.
sr. member
Activity: 1435
Merit: 250
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January 24, 2023, 10:48:04 PM
#35
I don't think that this meme coin can stay in the top list on CMC nor crypto market for long. sad to say that the price of these tokens has been manipulated by whales. if you still have this token then my advice is to sell it immediately while there is a chance, for me personally, shiba tokens are not good for long term investment.
sr. member
Activity: 2380
Merit: 366
January 24, 2023, 08:26:54 PM
#34
I don't see so much potential for this coin. First, it is just a meme coin. Second, it is nothing but an imitation. Third, it is thriving on hype. But I'm not saying you cannot earn from the opportunities this coin is giving. But you need to remember that it has already multiplied many times. It has already risen through the ranks. What will happen when the hype of this meme coin is over? Take note that top altcoins come and go. One day, this will also be forgotten. So make everything short-term when dealing with Shiba Inu.

I remember the days of Emercoin and maidsafecoin in top 10 CMC

I can only remember Emercoin. I forgot about Maidsafecoin. But who can forget the likes of NEO. I can also remember NEM to be another strong altcoin project that was also in the top for some time. They are all gone now. They are not anymore near the top 10.

I am sure that this is also what will happen to Shiba Inu years from now. Most of the altcoins are not coins that are worth hodling for many years. Especially those coins that are clearly just a passing trend. That includes Shiba Inu and the rest of the meme coins following the path of Doge.
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