Topic: Shiba Inu (SHIB): The Rising Star Redefining the Crypto Landscape (Read 358 times)

Right now which is another best MEME coin except Shiba Inu, Doge or Pepe? I didn’t see others good meme coin after shiba, because if comparing with others meme coin shiba is still big project supported by Elon Musk, and if you will check it’s huge daily trading volume, and big fundamental which is 2nd position in rank as a meme coin after DOGE. But i don’t recommend it and also i will never big invest here because it’s a meme coin.

      -   According to what you said, you may be wondering why Shiba Inu is attracting an increasing number of partners when there are still many crypto communities that believe the company is a waste of time and money and yet it is still listed on numerous reputable exchanges. They call those "shit meme coins"

You see, in addition to the DYOR that we should always practice, we need also be able to identify trends because once we do, we should follow them in order to avoid falling behind. Because in the few period that I have seen and observed it, that is the game going on in the crypto realm.

Shiba is indeed a shitcoin, however unlike other meme coins which have come and go, Shiba still remains relatively strong, now I am not completely sure Shiba will pump during the next bull run but I think the chances are there that it could, and if that is the case then it could be a good thing for those that are interested in those coins to keep their eyes fixated on Shiba.

As they could invest some money in it and simply wait for a huge hype to develop and sell their coins for some easy profits.

I wonder why someone will even still consider Shiba inu as a rising star. Shiba had risen and fallen and many investors have lost hope in Shiba. I do not consider it as a viable investment option anymore. Besides the coin dumped on many people and some are still holding to it which is the reason we will not have many new people to buy the coin.
I have never seen meme coins as serious investment option. The only meme coin that seems to behave differently is the dodge and what made it appear different is the involvement of Elon musk but in the end it is still a meme coin.

There is huge difference between making business decisions based on solid premises (such as opening a vegetable store in a new neighborhood with no competition, estimated population X, estimated demand Y, and costs Z) versus investing in a token with what they perceive as a "funny name" and a peak valuation of $40 billion. People were literally buying shares in "funny name" at $40B valuation. How else could you call it if not a gambling? I have 2 other names - hot potato or a game or greater fool game.

and trading on something that is doomed to decline by 99% is not wise either. Even if you sometimes succeed, the statistics are against you. In my opinion, trading shib is also not moral because it gives liquidity and capital to people who are destroying the industry.

The problem is that when investing in a coin you have to try and understand the basics things concerning the coins before you invest because sometimes it's good to know a particular project very well before you invest on them, another thing concerning it again check if the coin have volatility before investing some people doesn't make research before they can as well invest in that particular coin, so therefore it leads them to wrong choice of investment, actually Shiba is a good project but once upon a time the project was doing good since its has been launched and since long term bullrun it has not die on the way of holding that means their is every tendency that it can resurrect when time comes.

It's hilarious how you kind of put it 😆, especially the last line there. I never saw it that way, anyway. The gambling part (though not gambling as used here) comes with everything business in life. One moves in with one's conviction that the business/investment one is putting one's money on would come up well but in most cases it doesn't. I did a lot of flipping with Shib. Bought and sold, then repeated and rinsed a couple of times. I even staked to earn a particular time, repeated that too. At the moment I hodl not a single Shib. Though I'm waiting for price to drop further and see if I could get in again at discount.

Typically, all early investors in memcoins are either insiders or the developers themselves and their close friends and investors. Random people almost never make millions from memcoins. The reason for this is the lack of any possible analytics to identify a potential gem. It can be absolutely any memcoin, all these coins are similar to each other and it is impossible to say in advance that this memcoin is about to grow a lot, and this memcoin will not grow. It's all random and casino, it's not investing.

It's an interesting one though as a memecoin is it better do make one of cats, where is kittycoin or something?  Cats vs Dogs lets let crypto finally settle it.  Here is an article about Shiba Inu: https://www.investmentcentralai.com/post/shiba-inu-shib-the-dogecoin-inspired-meme-coin-with-a-bite

Honestly the coin is half success and it's not going anywhere from here onwards. The coin has only given hopes to initial investors on the basis of what happened with DOGE during the Elon Musk season. First peeps were very angry about the DOGE situation and they pretty much lost half of the money right there.  SHIB had launch party after this and with tiny price tag everyone thought to take this opportunity and they invested heavily. It gave a natural phenomenon of SHIB pumping and everyone thought they are getting amazing profits. However, as we would guess there is no altcoin throughout timeline that had stability and liquidity to keep it stable at that price tag or maybe grow onwards so same happened with SHIB too. Not only this, the entire portfolio went down with Bitcoin crash and world's economical influence. Now it's stuck at price where peeps can only dream of getting some decent profits in the near future.

i'm sure someone with good logic will figure out that investing in shiba inu is no good anymore, better invest in other meme coin that gaining popularity, at least you won't get dumped by millions and millions of earlier holders.
with shiba i lost hope already it will never ever have that kind of bullrun you are expecting.
this coin is already done for from the perspective of investor that try to find massive rally.

I highly agree, reading @OP's post, it all plays around with mind manipulation.  Giving hype words but empty in actions since I do not see any real-life use for those statements.  So after all the flowery words stated on @OP, it only plays on the emotions of people but lacks the useful innovations that can bring development to human technology.  Memecoin is indeed just for speculative investment so be careful not to be burned.

You're right, Xal0lex - I also primed myself to believe that people were just taking advantage of the hype to make a quick profit. It's likely that early memecoin investors have moved on and enjoyed a return on their investment - but others have come to bet on the same fate even though they seem to have grown tired of expecting the ATH to take another hit.

I'm not here to undermine their optimism about the future of Shiba Inu - but objectively memecoin is a hype product that will only last for a while before eventually fading with time and being abandoned by its big investors. There is always hope - of course, but they must be capable enough to understand the high risks involved in the investment.

I know shiba inu (SHIB)is very good and very strong project and i,m also waiting for little rising shiba inu and my nees to take some biggest profit from shiba inu but from 2021 still now i,m waiting patiently and i hope within 2024 and 2025 it’s give me huge gains in my life better for me.

All the hype around memcoins is based only on the FOMO effect, on stories about how someone got rich from memcoins. Mostly people are chasing big profits in a short period of time and memcoins seem to give a chance to realize this goal. People obsessed with these goals are willing to invest in any shitcoin, which is why memcoins are so popular.

Something that is clear in Shib is that they come when everyone talks about meme coins, gets encouragement from Vitalik and a lot of their luck in 2021 so that it is very hype and makes many people interested in buying Shib, the fact is also a lot of whales who come in, whether They are fomo or anything, I cannot define it explicitly, all of which are all forwarded to the meme coins in the ATH Bitcoin era in 2021.

Supposedly with utilities in the ecosystem, other coins in their ecosystems can help and define income because they do not focus on shib, but that really makes the fatigue community because the price is more expensive than shib, then what all these people are aimed at shib here, And to this day still hold it.

As I know, infrastructure marketing will be the point that almost every project needs, and in the case of Shib, they have the foundation to create FOMO with other memecoin projects in the ecosystem , but I must admit It's a death party in this environment. We've seen something rise on hype, and they've grown to the point where they're ready to open up a more hyped playground for everyone. Anyway overall this is beneficial for promoting small and larger markets.

Even though I believe in your assumption - but we can't seem to stop these people's interest in meme coins, including Shiba Inu. I don't know how likely it is that Shiba Inu will be able to break its previous ATH when the next bull market starts - but I believe there are at least as many people here who are optimistic about it despite only investing $10 in it.

Nobody knows about the future - but the meme coin hype seems to be fading after many people realize that the purpose of these products is simply to enrich their owners. To be honest, I'm not betting on the possibility of Shiba hitting ATH again in the future - but anyone can be optimistic.

I also have some amount of SHIB tokens in my portfolio. Initially I thought it is just hyped token because I saw it everywhere and every time on every social media platforms. Later I realised the potential of this coin. Although the news and market sentiments driven it and showed many ups and downs, but still I see the community has strong confidence in the project. Let's see where it will be in near future. I am hoping for the best.

The fact is that Shib is nothing more than a meme coin, and it will be very difficult to develop in their network, because they themselves are formed on the Ethereum network, so what is offered by Shib to the holders and investors, if you see the ecosystem activity today Not so active and only a few communities are very exhausted with the performance of Shib in a bad market like this.

There are some of those who like luckly luck, they hope that the meme coin pads will return to bring wealth to them as in the previous cycle, they are still waiting for the pump that the Pope will do in the Bulish Market, maybe they are waiting for it, but if only As a small thing that is invested in coins to test the luck I think it is not a problem than they are sorry.

Isn't it a bit too late for this? I mean, the hype is gone and it was like a year ago or more that they were in the discussions on every social media especially at X (formerly Twitter). But now, the discussion there is about Bitcoin having the Spot ETF approval. Me as an investor I am pretty sure I'd like my money in Bitcoin now rather than risk it with a meme coin.
So, if this is like a strategy to pump the price up since you haven't sold yours yet because you are not in ROI, I doubt it will work. It's not like people in this forum already knew about Shiba Inu. It was presented before and they have an idea of what it is so maybe they have bought before and sold it when the price pumped just like me and I doubt they will return in buying it after the profits.

There are still some elements of confusion in the hypotheses that meme coins blow up. I remember correctly, about a month ago we were having heated discussions about the team of another memecoin project. To be honest with the rapid fluctuations of this market even though anything is hyped and pump/dump has its own opportunities and risks, I don't like the way Shib has been operating up to now, it's not convincing enough and also prove that they only stop at the meme level.

Probably to spread some positivity despite of the current status of SHIB, well that's a good reason to hold on to if you are trap with SHIB.
Meme token is seasonal and I can say that its not their time yet for the pump but SHIB is still on the top 19 based on marketcap so there's still a chance for the big pump.
If the next bull run the hype for meme token increases, I'm sure SHIB will also be hyped. I'm also curious about the holdings of OP.

From its peak SHIB has dropped more than 91%, and while it may seem impossible for SHIB to recover its former glory I will not discard it either.

There are many people out there that are only interested in meme coins, and while some are looking for a meme coin which can do 100x, there are others which are more measured on their expectations and they are looking for a 10x gain, and if everything goes right for SHIB I think it could reach that growth during the next bull run.

Why are you writing about Shiba or something like that? Do you have a lot of Shiba in your wallet? Can you disclose how much you bought Shiba for?

It can't. Maybe OP just wants to make people believe in SHIB because he's desperate due to its price. Sounds like a typical memecoin holder in denial.

The thing here is shiba has reached its peak, I wonder if it could ever repeat the same feat again, after all, nobody is investing heavy in this thing again since most of them has own some amount and just waiting for the right time to dump that is when its reaching another trend of bullish but I wonder if that trend gonna ever come, put it simply, there are various meme coin emerging, surely the smart people though greedy would flock into the new meme coin since the chance of rising is definitely hundred times better than shiba that has gained massive increase.
therefore I don't think its gonna be a good investment anymore at best it will have price swing and thats it, it will not be as massive as it was before.

how it can redefine the crypto landscape while shiba itself can't help with its own value plummeting as the day goes.
even with their most recent shibarium there was no significant effect at all I don't think it will redefine anything. seriously people should think twice before investing in meme coin, there are good and better coins out there.

I pity anyone who thinks that Shiba is a good project to put your money into. It's obvious that it's not a good one and we are seeing it change so much, it's really not going to be a good one at all. People should avoid putting their money into something as risky as this and should instead focus on doing something better, find a coin that is more trustworthy and could be holding its own during the bear market as long as the bull market.

Look at Shiba at the peak and look at it at the bottom and you will see the scary image, if you think that's fine and you are willing to hold it, then I am sorry but the result will not be great for you. I rather just hold it at bitcoin which isn't even an altcoin and feel better about it.

It's all words and nothing else. Shiba Inu is just another typical meme coin that has managed to gain significant hype initially and is sitting in the middle right now having most of its investors at a loss for the time being, so I don't really see why it's special when it couldn't even recover a little bit after the significant drop after the hype was over and that is how these meme coins work, they don't have any organic growth and they are dependent on hype.

A lot of people invested in it during the previous bull run and then it plunged really quickly and since then it has just been going sideways without any significant growth to at least give the investors some hope, and those who are still holding their stack are hoping for something in the bull run to come.

Is anyone else interested in this memcoin? It has played its role in the crypto world for a long time, has gathered a large capitalization, enriched its creators and made a lot of investors who bought this token in 2021, during the SHIB hype period, lose money. Now the community is interested in other memcoins that are growing fast and bringing in lots of x's. I don't think SHIB will ever be able to do that again.

I'm not gonna lie, but I think Shiba Inu has some potential because they are expanding the usage of this token into some other matters useful. this is not the case for other meme coins because right now, they haven't proven anything more than they are doing inside their platforms and nothing is going to change their development if they don't do what the Shiba Inu did. I wanted to see in the future that they can also be something like accepting payments in the other big stores online if they can do that, then we can say that they are improving a lot and they are really following their plans on their roadmaps.

And yes it is also a benchmark why Shiba Inu became noticed at that time so that it was increasingly popular that made everyone enthusiastic about buying Shib, for the class of meme coins, it was the history of their biggest success in the Indusrty Cryptocurrency, besides sharing for vitalik charity and also burned Most of the ownership of the shib token shib that makes the urge to be higher at price pressure.

I also made a profit at that time approximately 1500% even though I did not sell at the highest price but I got a decent profit with a small capital, but for me, I would not buy back Shib even though the price returned to the price at the time of my first purchase, that Very risky, maybe to test the luck $ 20 is enough for that.

Shiba is a promising project but that was before. There is a saying that once a meme coin always a meme coin. As we think about how these mems coins showed to us, we can say that they are just good during their hypes but there is no sustainable growth to see after and this is what it happened to Shiba Inu and Pepe coin.

Now, if you think that was promising, that was your opinion but if you have to analyze its current market performance, you'll find out what a huge decline.

Shiba redefining the crypto space is just a statement within meaning. It emerged as a memecoin and profited good number of users. Initially lacked development and further the growth lead to the formation of good development team and community.

The development team keeps trying to stabilize the price without drastic loss in the value as the supply is huge. For this several burn process were followed and things were kept under control, yet the price keeps dropping. During the same time more stores begun to accept Shiba, but in reality those are just words. Shiba can be considered one among the memecoin,but it doesn't have the hype as eloborated.

That's right, the Shiba Inu is not just a meme coin but much more than that. Many of us already know that Shiba Inu is one of the meme coins (shitcoins) that in the end just say very wisely as if they have a large community but in fact they remain the same and the community that is talked about until now is just a cover to make beginners fooled because in the end they remain the same as other shitcoins by only relying on the pump after which it is thrown back down after making a profit and bragging again that they have a strong community
Those who are in Shiba right now are probably just those who are still waiting and hoping for a pump and those who are stuck not making a profit no more than that.

TFS Token... you mean the one from FairSpin casino? Well, they offer a nice APR I saw it, but they are also "KYC mandatory", something I don't like... so I didn't even register on the site. But generally, I like casino tokens, to earn them by playing and later to stake them for some additional rewards.

Well, Shiba Inu is just a meme coin... maybe we will see some price rise in the future, maybe not, but I don't expect miracles in some short period of time. I like to compare it with Doge, a stable price most of the time, and there's always a chance for the price to skyrocket... we just need to see Elon (or someone similar) pushing it a bit.

I once also believed in SHIBA and thought that I could make money on this token, but after manipulations with it stopped even thinking about it. I just found a TFS token and now I am steadily increasing my profits thanks to their high APR

I hope it works out like that only else many who have invested in SHIB when it was at peak will not be able to recieve it though most would have sold it due to panic selling, but I feel this bull run it would be different set of coins which will pump because if we consider 2017 bill run then those coins which pumped hard didn't make any impact in recent bull run and I guess even this time the same process will repeat. We need to start analysing and shortlisted the potential coins now itself.

You lose because you are late already but if have invested in this project during its hyped, you will be making a huge profit as well like others. Unfortunately, you'll make a mistake from choosing this while the hype is over and I will tell you that it was hard to expect from a project that comes from hype to rise again. Shiba was known in the fast few days but it was already closing its popularity then and all the investors who are still holding this is already suffering losses.

That is the way things work, people look at those that are able to sell their coins for 100x and more and they think they can get the same results, however in order for someone to get those results this means a great deal of people had to lose their money, so for every winner there are dozens of losers.

And while a 50% loss is bad, it seems to me Shiba is popular enough to last until the next bull run and allow you to recover your money, and maybe even obtain a small profit with it.

What is the link at the end of the article? If it is a phishing link, it is better for you to avoid such things because it will lead to your account being banned.
Shiba Inu (SHIB) is a way from binance to try to imitate and benefit from any success that happens to dogecoin. If the price increases, they will achieve profits by burning a quantity of coins and taking advantage of the supply difference and the price increase to temporarily pump profits, and so on.
The presence of the quadrillion SHIB will make it more of a pump and dump job than a future investment.

At the end of the day, Shib is still a pump and dump memecoin, not different from Dogecoin.  It thrives on the speculative market and the SHIB marketing department excels in it, they even send half of its circulating coins to Vitalik address just to get attention from investors, it fires back when Vitalik sells it to donate to some charities.


I did make a good profit around 5400%, but I am totally out now unless the price crashes back to the price when I purchased it, I may consider buying again.

I am pretty sure that 99.9999% of all people that have invested in SHIB thought they would make a nice profit out of it, as when it got launched it went up like crazy. I also invested in it (a while ago) and have around 50% loss so unless we get another bull market and all coins go up like crazy, I will end up with a loss.

As the OP said, it's just a meme coin so what gives? I mean it all started with Doge and we all know that when you are a prime mover here, you will stay and survived in this market.

But now sure about Shib, sorry for those supporters here, but I think it's just a fad or what we call hype in the market. So there will be time that it will be pump hard and then goes down. Unless you are in for that kind of pump and dump scheme, then maybe you will go and invest on this kind of projects. But for those who are really looking for solid project, I guess this kind of meme coins are not for us.

I don't think any special side from shit or meme coins although Shiba Inu (SHIB) have listed on the top exchange market, current Shiba Inu (SHIB) price dropped drastically from their all time high price last two years and seems not second chance with this coins will back to high price Don't be fanaticism with one coins have drop price for seeing they will up again to higher price. So far, Shiba Inu (SHIB) not build real community or get new partner for progressing their project in the future. Only how to make investor are interested for investing in Shiba Inu (SHIB) coin and waiting price up for taking profit, need new innovation for Shiba Inu (SHIB) if want to be more popular altcoin or shit in the future by adopting in real business and become partner for several payment transaction.

Somewhat the title is misleading though, I mean SHIB has reach popularity already, it's not like it's rising star in crypto. And what about redefining the crypto landscape? It's another meme coin following DogeCoin so that it makes it special?

I think this is just another obvious post shill though, sorry to burst the bubble to the OP. I do understand, in the last bull run, perhaps a lot of us here makes huge profit from it and maybe there are individuals who wanted to have that kind of run in the next bull run. So they will have to shill it again and again. However, this might back fire for those holders, just saying.

What makes Shib special is because he gains popularity when the market is echoing about Dogecoin, which makes meme coin a silly investment such as gambling, and at the beginning of the project is only made for an entertainment without any innovation and creativity for the formation of a network that is in Needed by the development of crypto technology in general.

If you see the Shiba ecosystem, it has its own coin as an activation tool, and Shiba is only made as a mask of popularity, and I think it's not healthy for the development of Shiba itself.

all shiba did was ridicule the profile of a typical crypto investor. Before the meme coin bubble we were considered investors in modern, innovative technology, after the meme coin bubble we are considered gamblers with a kindergarten mentality. The meme coin bubble ridiculed the entire industry and probably scared away serious investors and technology creators.

shame shame shame

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Shiba Inu, affectionately known as "SHIB," made its debut in August 2020, offering a fresh and playful take on the cryptocurrency market. Inspired by the Shiba Inu dog breed and the success of Dogecoin (DOGE), SHIB has quickly become a notable presence in the crypto sphere.

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Community-Driven: SHIB thrives on an enthusiastic and engaged community, much like its DOGE counterpart. Its growth is propelled by the collective passion of its supporters.

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Deflationary Model: With a limited supply, SHIB has the potential to gain value over time, creating a sense of scarcity within the market.

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Source: execrypto.com/what-is-shiba-inu