Topic: shiba inu coin, now ranked 13th in cmc (Read 548 times)

Some been saying that Shib isnt already that a memecoin because if its real use case.
Specially into that Shibarium

The Launch of Shibarium L2 Will Unlock Transformational Utility for the Entire Shiba Inu Ecosystem
Shiba Inu (SHIB) Community Speculating About Shibarium Release Date
https://www.alibabacloud.com/topic-center/kdg/4iba4egrk18-the-launch-of-shibarium-l2-will-unlock-transformational-utility-for-the-entire-shiba-inu-ecosystem-alibaba-cloud
https://u.today/shiba-inu-shib-community-speculating-about-shibarium-release-date

So im not surprised on how they are doing well into this market.

It will be if shiba still implements all those projects in its ecosystem properly and investors do not lose interest in this coin. But if we are talking about further growth, we should assume that there will be no "SHIB at $1 by 2025". This is all the crazy fantasy of some investors. This coin has already shown insane growth in 2021. Now, having a huge issue and large capitalization, this project will not be able to show a crazy yield.

DCA need to use those coins that are difficult to purchase or are out of ability but needed. shiba inu coin is well known but cheap coin that can only be bullish through the hype. The circulating supply is high so not possible to get high in expected range. Therefore, buying such coins through DCA does not seem to be very compatible. Investing in all the coins that have shown great possibilities and lower supply those coins are extremely profitable.

I'm not a fan of Shiba inu, guess it's because I came late to the party and didn't benefit from the last bull run that saw the ATH of Shiba inu. I'm still positive that something good will come out of Shiba, probably in the next bull run. I'll keep my hopes high and expect to benefit from the token.

Shiba Inu has potential as it is one of the most popular coins in the market, however as you know very well Shiba Inu is a meme coin and this means it depends very heavily on the hype its community can produce, if another coin were to appear which stole a great deal of the community then it will crash very quickly as the demand for Shiba will drop dramatically, but if Shiba can remain relevant until the next bull run then your investment in this coin will high produce profits.

Shiba inu has a strong brand in the cryptocurrency with a huge community & many influencers backing. Shiba inu project had implemented burning process also we can hope shiba inu Won't disappoint to holders. Shiba inu is ahead in the market ranking. So, shiba inu (SHIB) coin has a really great future.

I think your decision is not wrong because of course it is your right, but I want to ask, do you see good potential for the future regarding the shiba inu coin?

but in my opinion the shiba inu coin will have good potential for the future,, because of the large number of enthusiasts,?

Yeah and people think that just because an icon of a famous meme became a coin does not mean that investment to it would be good. Quite sad that even amateurs are still falling for these.
I guess that's what being almost 24/7 or 8 hours a day in social media would do to people. Hypes all around then losses all around when the time comes.

Back then I am going to be honest that I was thinking of investing to Doge, but I am pretty sure that it is all just a memes and not really for anything of utility like Bitcoin.

I've stayed away from shiba after the first pump and won't be doing it a second time, even if he's in 13th place I won't get into the same meme even though it gave me an advantage at the start of his release

I missed the boat from previous years though, LOL. But seriously, not sure about Shiba, it seems to be just used by entities for pump and dump.

It doesn't have utility at all, so it makes you wonder why it is sitting on the 13th spot in coinmarketcap.

Yeah, it has massive following, as I have said, this could be due to some groups just trying to make money out of it project through occasional pump sessions and then trap those newbies into investing.

Do not invest solely based on market cap rank. Terra Luna was one of the top 10 coins in the cryptocurrency market and we all know what happened to it.

You should have some other reasons for investing in that project. *token utility, etc

The Shiba inu team has listed the token on almost every exchange, now It remains to be seen what they'll do to pump their token.

By always paying attention to the growth of shiba inu, it is possible that you will be more interested in continuing to collect them, where there has been much discussion of Memecoin and there are even very many large investors who are interested in shiba inu. I think people as determined as you are will be able to enjoy the benefits of the Shiba Inu.

I just want to say that as long as you have done your own research and are willing to take the risk, then you can invest in any coin you wish to. Although many will oppose you when your choice is a memecoin. It is really too risky to invest in altcoins and especially memecoins, but the return it brings is huge if you invest in the right project. Shiba is the most profitable coin in 2021, but whether it can continue to do so remains a question.

Each person will have an assessment of all the coins on the market, including the assessment of the Shiba Inu.
Maybe it is true that there are still some whales who still buy Shiba because they believe that Shiba can repeat its previous glory.
But some people are not sure if Shiba can increase higher than the previous ATH.
What is clear is that before we decide, we better research first and gather more information about Shiba to make a good decision.

It is all that negative things you said about it, yet it is still doing well in the market. You have to stop hating on it. Investors are making money of it or have you seen anyone complaining that they got wrecked from Shiba? When you compare it to other altcoins will you still say it has not performed well? Look at where it is today on the list at number 15 top coins in the market and you still think it is a joke, a worthless coin?

When you say a good potential in the future, how much price range were your trying to anticipate for Shiba to achieve?
Because, if we are to understand how Shiba gained it's popularity and value, we can certainly think it's only because of it's hype with the help of Elon. There are really no real use case of this coin. Once the hype dies down it's gonna be the coin itself next.
However, on a positive side, the hype is still hot, so you can still take advantage of it.

Well SHIB is a meme coin with some utility case but the Hype with influencers is the one that made it to reach the current ATH, Personally, I avoid a coin that moves big because influencers who support specific coins since the gains we got only last for temporary. The SHIB community is the only one great about this coin since there are a lot of SHIB supporters or SHIB army. Along with community I'm pretty sure SHIB will become stronger and stronger in the future.

I've had it since the first shiba inu hype two years ago and it has dropped quite a lot, sometimes the cmc ranking doesn't describe anything other than the market capitalization and also the trading volume of the coin, will it be good as an investment sometimes it can be deceiving that's very important to hold on to on only using money we can afford to lose.

As long as you are willing to accept the consequences of your actions and take a loss if necessary then investing on Shiba Inu is an acceptable decision, just make sure you have some sort of exit strategy in the case its price drops, as in this way you can protect yourself from losing too much money on this asset, something which is critical as meme coins in particular can crash really quickly if the hype of that coin disappears and traders begin to sell their coins in panic

Shiba Inu is low key one of the cheapest gems with the greatest upside, as mentioned now number 13 on coin market cap. One of the main strength this coin is the massive following it has and how it established itself across all the best exchanges. As years go by definitely going to increase in price.

I also think the same as you, because we won't know about shiba inu coins in the future, but it is possible that shiba inu prices will be like doge, and I don't want to miss this good opportunity to buy shiba inu.. yes, although the risk is high, but I am ready to take the risk if I experience a loss. because for big profits the risk is also big.

What's the potential?
I have some reasons to not buy it again and move to a less risky safe-haven way.
For me the profit from what I have achieved with ShibaInu is a deep satisfaction and gratitude, I am not too greedy and easily manipulated with the accompanying news, despite the previous fomo of the coin. This has also brought quite a lot of profit. From a future perspective, I think the pump dump game will still make many people profit as well as lose, so think carefully before making a decision.

If you are looking solely on the CMC rankings, then it will change every time, check out its achieves and you will see every year the ranking changes. So my advice is not to put everything on something like a CMC ranking which is highly volatile and if you are looking to invest in a meme coin, there is Doge and the rest are shitty and i do not see any potential in the long term.

I agree, since meme coin is considered shitcoin by many, we should only allocate funds we can afford to lose.  Accumulating altcoin with our free funds isn't a bad move, and Shiba Inu has been considered as the possible next Dogecoin so there is no harm in buying it with our free money which can result in great profit.

Looking at the Dogecoin case, many believe that Dogecoin will not reach its current price, regardless if it's pumped or manipulated, there is no denying that people who hold Dogecoin years ago and still holding it today had already seen a huge profit.  And it might happen to Shiba Inu holders too.

We see the prospect of an increase for SHIB but because this coin is very risky we have to allocate a limit of funds for investment, I am also involved in SHIB investment because the price continues to grow according to market prices and when the trend of this coin increases there is potential to reach the highest price, at least I am targeting half of the highest price ever reached before.

Indeed, right?
Because even Shiba Inu will become one of the top coins in the market, still doesn't get my interest anymore. I was thinking before the potentiality of this project as it performed too well but after a few days of its existence, the true color of being a meme coin really comes out. I'd see that Dogecoin is even better than this because a project that doesn't have a reliable platform will never go far and stay long. Might we can see the price of Shiba had pump because of the said price and volume manipulation, it usually happens in shitcoins.

I remember DOGE doing well a number of years ago. It went quiet for a bit & people were saying it was dead & it’d never reach a new all time high. It defied the odds & rallied back in the last bull run. Hopefully, as a fellow meme coin, SHIB can do the same. I don’t see why not, it has a great community & I see good things for it within the next2 -3 years.

OP, your dca strategy is a good one, simple & effective. Keep it up & you’ll be enjoying great profits soon.

Good luck!

Ranking should not be your only basis when investing because not all are worth to invest, especially with their hype and utility. SHIB might be the second best meme token but considering its previous manipulation it will be hard to fully trust it. Though the chance to pump is there, but the risk is too high as well so better to analyze it well, start looking for a good reason on buying and always have your limit and target price to avoid being trap and avoid losing the money.

We can't really prevent people from investing in altcoins like this, in the meantime they can profit from it. Short term trading, even long term investment can be considered on this altcoin as they hope there is a lot of x they earn in the future.

I just don't know how much potential this altcoin has in the future, but the trading volume is so huge that people are interested in getting their hands on it. Of course the risk is big because when someone who has large holding sell, the price will immediately collapse.

I agree that it wasn't something that people really wanted to be part of right away, it was something that caused a lot of trouble for people who ended up making a lot of losses and that's why they should have avoided it. Shiba is not an easy thing to keep it going, it was just created during the hype period of meme projects and that's why it went up, but it's not a good project at all.

Anyone who invested into it will lose their money or at least a good chunk of it and in a few years it will not be even in top 50, which is a sad reality for those who hold it, but it's the truth. Just because it looks high up right now doesn't mean that it is good, it should be realized that it's good for the time being only.

The rank on cmc is not an indicator of good potential. If by this it was possible to understand what should be invested in, then it would be too simple and everyone would be enriched many times over. In my opinion, this is a hype project with an overheated price and attention to it. Sometimes, cryptomarket behaves very unpredictably and irrationally, which is associated with similar behavior of people. Because if people believe that shiba inu will rise in price, then it is to this project that they will invest and this project will really rise in price. But in my opinion, all this is very risky and unstable, and the price can collapse at any moment. This is due to the lack of fundamental value.

SHIB just got hype around the rookie and amateur investors who knows crypto investment is good but doesn't really know what is actual crypto currencies and further knowledge about it, so they are easily manipulated by social media people and made them to invest a lot in SHIB after it exploded in its initial stage but still people believe that someday even if it reaches $0.1 they can be a millionaire.

It looks like your choice is very good by continuing to pay attention to the development of shiba inu, especially since you have bought and collected them now. I think it's the right step to reap the benefits in the future. shiba inu still have a chance to save it and potentially it will be like dogecoin

But we don't know whether the Shiba Inu will still be as it is now or if it can change for the better in the future because I heard they are preparing Shibarium, which I don't understand how it will work later. It could be that it will act as a trigger to attract more investors to invest in Shiba, as we have seen that several whales have invested in Shiba in very large numbers. This is like the past situation with Dogecoin, but I don't know. It's still going to take time to see what will happen.

Shiba is a meme coin, that being said I don't think it is worth to do DCAing because I believe this coin is not good to hold for long term. Moreover, the rank in CMC is not only the basis for the coin if it's really good or not. Look for its use case too. Shiba is a meme coin and likely a pump and dump and still existing because of hype and the investors who are buying and hopeful that shiba can give them huge profit.

Nevertheless, if you really want to hold shiba then know the risk and don't go all in as there are many other coins that are worth to invest in.

I have been around crypto for nearly 10 years now, and I am definitely not the person to take advice from because I am one of the rare people who have been around for 10 years and still poor But, if you really want my advice, I would say stay away from it because for the past 10 years I have seen so many coins jump high for a year or two but when a better thing showed up it got destroyed and dropped. Shiba has the exact makings of a coin like that, it looks like it would stay up between bull runs, and when the new one happens it will be gone and it will be not around anymore for sure, that's just my assumption though.

Sure, markets get constantly filled with new, potentially better tech, with bunch of new fresh believers. It's similar to hype in music business. You can make 9 records, and media wont be interested as much of your 9th record as much as they are about the band that made their first record which is now the hottest thing ever. As people constantly hunting for newcomers and new fresh things, same thing applies with cryptos.

When something is over 6 years old, it's old geezer tech and it's not easy to hype development when development is constant and boring anyway (at least for the non-tech savvy people).

New people can be lured in with promises of growth. Promises of 1000x and being an eth killer. Back in day all it took for growth was a new media sexy logo . Because not very many of us understood anything about the tech. And things haven't changed that much. All they need is new media sexy meme coin.

The ranking may be high today, but ask yourself if they can sustain their existence in this market?
What solid reasons do you think will keep this meme token afloat and not lose their popularity.
Most meme tokens can easily be abandon by their respective devs, and shib is no better than others, in my opinion.
Though you can invest on this token as it is your funds, but you need to look if there are long-term plans for this token.

Regardless of its rank, I still see meme token as once of your risky investment so deal with caution.
There’s a potential for the price increase as we are near to the bull trend, and it can also be a pump and dump token again as the hype will continue to manipulate its price. SHIB will stay with the market though, and continue to do its purpose which is to pump and dump, be careful and know your timing with shib.

I don't think that Shiba Inu coin have a great potential because first of all shiba inu coin is a memecoin and I am not surprised that it reached that rank in cmc and as you have known that dogecoin is also like that and it is also created because of dogecoin. If you read kr know the story of dogecoin then you will know that shiba inu started the same. No matter how many times you say that shiba inu let you earn profit but it's still a memecoin.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

Your answer is correct and I agree.
but in my opinion seeing that shiba coins are in a good ranking, it makes me sure that shiba coins in the future will increase in price and I predict that shiba inu coins in the future have the potential to increase, up to 1000%. and in altcoins usually the pumps are very good. but of course investing in shiba inu, this will be a big risk. but in my opinion, don't be too afraid because of the risk, if you want big profits.

it seems that many are not supportive of shiba inu coins, but in reality if you look at the market there are very many who buy and make big profits from shiba inu coins ,,
but in my opinion this shiba inu coin if for the long term it doesn't seem suitable, at most it can also be used for short term investment. but of course we won't know in the future,
because price movements are very difficult to predict.

As long as you 0P do it knowing the risks you are taking. then I think it's your right to buy any coin altcoin or memecoin. But at least you buy Shiba which still seems to have quite a lot of trust out there. because if we look at the MC of the Shiba inu which is quite big. so of course it was still ranked 13th CMC when you created this topic. But now it has dropped to 14th.
The recent rise in Shiba inu was because there was indeed news about the upcoming launch of the Shibarium network. However, it has not been explained when the exact release date will be. and a few days ago Shiba experienced a high surge in the impact of one of the largest exchanges from South Korea, namely Upbit, which supports SHIB fiat transactions on the ERC-20 network. As we know, any coin related to this Exchange always experiences an increase or hype.

But I think if we enter into memecoin then if we feel we have gotten enough profit then we can start taking profits. DYOR.

I also have several altcoins that I hold to speculate with very, very cold money and money that is ready if I have to experience a loss. and SHIB is in one of the lists in my portfolio. But I do not specify this for the long term. I'll just hold onto it until I get enough profit. because for the long term I only do it in Bitcoin.
We must not be too greedy in memecoin types. because it has a greater risk than other altcoins. so if you already get the profit then selling it is a good thing.

Your explanation of their ranking on cmc is not very good.  I can go year by year and show you that doesn't mean anything.  Shib rose from meme fame on the heels of doge.  It's a useless token amd ran up from the fad.  Next bull run will be another fad and all these meme coins will slowly fade as people one by one exit theor bag holding position.

I don't know why you are doing DCA in this kind of coin. Why not Bitcoin or other better altcoins like Ethereum? Shiba Inu has a strong competitor, Dogecoin which is also quite difficult to reach a brighter future, without any hype. If I were you, I will stop here in investing in the Shiba Inu and move to Bitcoin which has a clearer future to be brighter. Well, although we don't know if Shiba Inu will have a good future or not, this seems like gambling moreover if your consideration is only based on the rank position in CMC. You know how many altcoins are falling down although they are in the top 10?

I've heard that Shiba Inu has already been delisted by Binance (correct me if I'm wrong). If this is true, I was thinking that Shiba will lose its position and might it drop more. Considering that this is a meme coin, I'd never find any special thing that could help us to think that this project has potential in the future. Indeed, a hype project couldn't stay long in the market, I was afraid this will turn like Terra Luna and many others who have a good start but in turn scam in the end. I don't really be considerate of the position/rank but what I consider most is the value of the coin.

Still saying DCA against this coin is something that I really have a hard time with. Regardless of the conditions they're not really going to make anything significant even if they're at 13 cmc at the moment.
You are only burning money by buying coins like this, even though there really is a pump and dump there, whether your money will last in the end is still very doubtful to do.

It's all just a meme, landheer. Let's see how that coin would perform in these upcoming weeks. Pretty sure it just followed on how Bitcoin manage to get past 20k and some users would just go and buy the crap out of these meme coins.

I would never drop a single coin to Shiba ever even if it unrealistically surpasses Bitcoin in the ranks let alone any other meme coins out there. I had not invested money for hypes.

Increasing on their ranking is just the result of a better market, it may not guarantee anything but at least you're ready with that risk.
I know there's still a lot of hate with the meme token because of so many fake projects before but with SHIB, i think its totally different. Bull run might bring back the good old days for the meme token so there's a higher chance for SHIB to rise as well. Just keep on holding and wait for the next bull run, it might be worth it or not just be ready for that risk.

That’s the risk you’re willing to take and maybe you have a better chance of making profit out of it. Meme tokens are still here and there’s a good chance for them to rise again in the next bull market. SHIB proves to be one of the best meme token today, so I’m pretty sure you’ll succeed on making profit with this. Just don’t go all in with SHIB and buy other altcoins as well so you can balance your portfolio, next bull run will be a big thing to SHIB.

You need to really look at the events taking place in the cryptocurrency market. Sometimes it is very difficult for even useful cryptocurrencies to remain competitive and grow in price. So these meme coins can only go up in price temporarily, and in the end they will all fail. I generally stay away from all these meme coins. They can be profitable for a certain period of time. But no one knows when they will dramatically lose their value. I prefer not to take risks, as there are many really potential coins that are worth paying attention to.

Soon you won't even see these shit coins even in the top 50 or I can say in the top 100. i think these shit projects don't deserve these spots, yes i know these coins build up hype collect market capital and on end return, good profits but dear fellows these projects destroy the real future projects as those projects which are changing and evolving the space around us get beaten by these shitcoins.

Consider the example a student who works hard the whole year and prepares for exams and in results he gets a B grade and a student who even not attended the classes gets an A grade does it seems fair?

They are just trying to be the next Doge in my opinion,

a. it might have been pure pump and dump
b. there is no fundamental with this coins

Of course in the next bull run, maybe the price will go up just like the last time But I don't think it's going to be sustainable. And usually as I have mentioned, pumpers are just going to play with it to make money and victimized noobs in the market, just saying.

what is the potential for a meme coin? in the future it will make people laughing more or what?
and what will happens if a new meme coin will be launched maybe with some new features?
I think that this is more gambling than trading but feel free to play or invest

SHIB is following BTC trend upside in this beginning of 2023. It's a good moment for those investors who were in loss with their SHIB portfolios to get rid of this token while they can and invest in something promising for the future. On the other hand, if you are risk taker, you might prefer to continue holding and see how far SHIB can reach yet, although personally I don't think it's a good idea, since the price of this token is blatantly manipulated in large scale.

The new waves of crypto users are probably SHIB investors or probably they come to know crypto market right when SHIB was introduced to them back in the last bull run.  

Besides BTC, SHIB is actually one of the most searched cryptocurrencies on google which is why it's not surprising anymore that this token can achieve further especially because there is progress in thier development of SHIBarium metaverse. Price may hit another ATH by the next bull market.

I don’t see bright future in a meme coin even in the long term investment, because it’s hype coin in the market so that it’s top ranked coin that doesn’t means it’s so much potential coin to invest in long term, because here i don’t see any real use cases. I will never pick a meme coin for the future instead of lots of promising coins.

To be honest this meme token was still over rated based on my perception. All of products were being launched by shiba inu was failed. The fact that if shibarium will not have impact to the price of shiba inu too. This token is still alive due to the hype. It can down anytime if the hype will be gone. The correct thing should be this meme token called shiba inu has been placed around 13th at cmc. it's caused by solana and polygon were going up surpassing shiba inu. Protocol coin is far better rather than this kind of meme token.

A few weeks ago I was actually told by a friend that in 2023 it is likely that there will be an event that is quite interesting and will have a positive impact on the price of Shiba itself. But I didn't take it seriously. and I ignore it. But it turns out that it's true that in the past few weeks, Shiba Coin seems to be starting to show signs of a pretty good increase. and I again asked my friend. and he just told me to find out for myself and analyze it myself. he gave me the keyword "Shibarium". I haven't looked into it yet. maybe someone here knows about Shibarium? really that's one of the reasons the shiba coin is moving quite positively. and it seems that Shiba holders are increasing rapidly.

In my personal opinion, you should look for an other project to invest in. In the end Shiba Inu is just another stupid meme-coin that is not really serving any purpose. Shiba Inu was created 2 years ago or so when Elon Musk started to make tweets about Dogecoin. That is the only purpose of Shiba Inu. I mean it is a fact, that Shiba Inu made a lot of very early investors very reach, because it literally made them a x1000 or so on their initial investment, but since then it slowly but surely loses relevance. I just dislike Meme-coins because they are obviously just a try of the "teams" behind it to make some quick and easy money without any effort. I think that meme-coins are hurting the crypto market as a whole.

Ranking on coinmarketcap is nothing. It does not show the real potential of a project, that is hourly, daily and weekly top of trading volumes. All the crypto games are not even on first pages of that top. The position of this top can easily be changed and influenced. With enough funding, even a total scam altcoin, with help of pump and dump, can get to a higher positions. Also, take a look on coingecko.com top. Shiba Inu is on 15th place, while it is on 13th on cmc. The position is relative. You might find different cryptocurrency price aggregator, and Shiba Inu will be on a different position there.

I don't trust Shiba at all. After it made the biggest wave in the crypto market. Although I was unlucky and the coin crashed on me. I don't trust Shiba for a long term project and that kind of coin is not what one should DCA on. You only DCA on highly trusted coins like bitcoin.

Secondly, I trust and will recommend dodge to anyone than Shiba. Even at both are meme coins, dodge has a better chance of lasting longer than Shiba is the market.

buy a coin that has always been a hype field and relies on DCA pump and dump? You did a reckless act according to me.
Regardless of whether they are in very good order on cmc doesn't change the fact that they are one of those meme coins which I don't think are very useful.
Instead of DCA in something as obscure as this you better try to be in another coin that is obvious like bitcoin or maybe some alt like BNB or Ethereum instead of letting your money burn in shitcoin like this.

NEO was once a top 10 coins
EOS was even in the top 5 at one point if I recall well
DASH,XMR, OMG, XVG to name but a few. And mind you most of the coins I have mentioned were pretty solid and not just memecoins

What does that tell you?

That in each bull run, we will have coins that hype up to the top ten and then start a decline where they won't come back up again, and I think the same might happen to Shiba INU. Just buy it, but have that in mind.

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

Only those who want gains without thinking of future of this project might bought this. Yes whales love volatility and I think shib has really does have volume but the utility and hype of this coin is just based on being a meme so not surr what the future would hold for this. Maybe some thinks this will follow on big names like doge but for me pick another useful platform.

Every coin has the potential that can give us a profit in the future. And about these meme coins, I could say that maybe in the future, their price value may increase when the price value of Bitcoin begins to increase when the bull run comes in I guess.

However, recently, I saw a lot of content on the youtube that Shiba Inu will start to kick its price in the market,
but I doubted it, due to as long as no huge burnings are happening to SHIB  it won't rise its price value, believe me, or not.
Though, I can't deny I have some of these coins in my wallet.

I'm sure you already know how brutal it can turn out if things won't go well for Shiba Inu in the future, so you need to consider being vigilant and do everything to keep your investment alive. I mean, if you see some sudden price spike, then consider selling it and decide later on when the price will go down if you want to buy again. the advantage here is, you already got some decent earnings no matter how will be the situation of this coin in the future and you can do your own research as well to further support them or stop when you already managed to get some wins from your investment.

Honestly for many months I have been telling people to stay away from this coin. Because it’s obviously a pump and dump meme coin scam and you will lose all your money. However…

The fact that it still exists after all and still has a market cap this high only means that it’ll most likely pump instead of dumping. Pretty crazy considering we had these big corrections and SHIB is still not 0.

You don't say that, everyone who's buying the coin that they like will say that it has got a better future. But we don't know such about this meme coin. Yeah, the price has pumped a lot and people made a decent gain from it. And shiba is still top of the rank and that's why many don't stop from buying it.
What we can say about its future is we don't know, utility wise, I don't see that and it's more just for a trading asset for which many think that it's going to have a higher price such as $1 which I doubt.

Look DCA as a strategy should be used only in assets which you know are the very best, on this market only bitcoin and ethereum qualify for a DCA strategy to be used, if you want to invest in Shiba Inu then do it but you should wait and do so once the bull market has already appeared as that is the moment when investors are putting their money in all kind of exotic investments, investing in Shiba right now probably means holding those coins for months or even longer and this is never a good idea when it comes to a meme coin as you never know when they can be replaced by yet another meme coin.

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.

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?...