Topic: SHIBA INU - The Next gem in Altcoin industry - page 8. (Read 1302 times)

Shiba lovers will see the whole market going up, and claim that Shiba is doing awesome and they will go "I told you so!" when in fact like 90 of the top 100 was going up at the same time. Do not really worry about people who claim that some memecoin will be going up and will be dominating the market, even if it does go up, that is usually when others are going up as well so there is really no advantage to hold Shiba Inu right now.

This is a coin named after the dog, that doge was moulded about, and they are hoping that it would go up based on that. This is what they are providing to people, this is what they want you to invest into.

Is not it depend on bitcoin? Don't you see the chart? I think that shiba is not yet preparing for another bullrun. it doesn't give massive increase again but at least not for this time.
I can't say a lot about this as shiba token was a major token for now but the daily volume was so good compared with another token.
Let's see what will be happening with bitcoin soon.

it could be the next 4-5 years next bull market could push shiba into a gem for a group of people who hold it if the price goes up to 1$ it can all happen in this world of cryptocurrencies nothing is impossible

Shiba inu has done pretty well from all time low to all time high, the percentage increment it had done is absolutely amazing, calling it the next gem is just not worth it, Shiba can't pull another x10 or more, the market cap is extremely high, its best to look out for low market cap coin for a possible next gem

I don't know if shibainu's trend will change in the coming days. Maybe shibainu could go on a big uptrend, so anything could happen here. But I don't want to take entry in this coin for long term trade. Because many people are skeptical about the future of this coin. So even if this coin becomes a huge pump, I will have no regrets. If you spend a little time in the market and do research then you can find a good project.

Looking at the current chart analysis of SHIB, it is preparing for a rally run. Generally speaking, although the SHIB meme coin doesn't go much further, its trading volume and market cap are very good.

The hype about it is coming to an end. I think a lot of people will know for themselves if it's still good for them. I think current developments will have some hype to get the price back up, but honestly, like many people have said, we shouldn't get too attached to a product that evolves in tandem with FOMO. It's totally possible to bubble and explode, so be wary.

I also don't see Shiba Inu as a profit opportunity now even though there is a possibility to spawn a new memecoin with a similar name, but I still won't be easy to be attracted to a memecoin that only relies on hype when the market starts to improve.

To me, it's just as nostalgic as you say, and by my standards, it's no longer attractive to risk. Of course, many people are still looking for profit opportunities from it, but given the hype to get to where it is now, I haven't seen much special from it. Most people just hope when it took too much. Anyway, the market is very excited right now. Maybe we will have a new name appear.

I do not think of the Shiba Inu as the next gem coin and I do not think the price can rise to be very high but if the Shiba can indeed upgrade higher, that's a bonus for me.
At least I don't have high hopes to see the Shiba Inu jump to a higher price and it's pretty much the same as it was before Dogecoin went higher.
If indeed the Shiba Inu is going to be like Dogecoin, I can't imagine how long Shiba can increase and how much the price can increase.
So I'm still focused on other coins while Shiba is still in my wallet.

I myself am quite appreciative of the existence of the shiba inu, which continues to be in demand and much liked even they already have their own community and with quite a large number, the community of this coin is very large (telegram group accounts, twitter and ig) with hundreds of thousands of followers and continues to grow , they call their community SHIBA ARMY. even the developer himself is very optimistic about the development of shiba inu which will be loved by many coin meme fans, and hopes that it will become a replacement for doge coin, although it may not be easy but a sense of optimism must still be built.

shiba inu with a good team, continue to innovate, shiba inu has accumulated a network of unusual initiatives,
collectible multiplayer card game commissioned by Shiba Inu to Australian video game developer Playside.
In addition to game development, production of the Shibarium level 2 blockchain is in progress. In addition, Shibarium will host the Oshiverse metaverse and other ambitious initiatives.
so many other projects are continuing and will be developed to be accepted by investors.
in addition to working with all retailers to be able to accept shiba inu as a means of payment that can be used.

so the prospects for shiba inu will continue and will even increase sharply for the next few months and years, optimistic that their developers will be able to make many who want to invest their funds in shiba inu.

it is already a gem among any other memecoins out there honestly it has really huge community base that it could always have trend of having bullish run out of nowhere could literally.
even the random mention of shib by some famous figure like elon could dramatically change the tide of the market so it’s surely couldn’t be called next-gem anymore because it’s already the most valuable memecoins out there.
instead i’m starting having doubts if shiba still have any potential left, i mean shibarium is great but the market capitalization of this altcoin or maybe you could call it memecoin already reaching billions.
Shiba is still lack of utility even when shiba dev rolling out more and more products.

When we are talking about a coin that is hyped because of a meme, do you really think that charts would give you a healthy view? I have to say that it is not really as good as you think, and the only possible way for it to go up would be the market going up. I do agree that it is still connected to the market, so if bitcoin, eth, bnb and so forth all the market goes up 10%+ then there is a chance shiba could go 10% higher as well.

But, it will not move independently like it has no relevance. We are not going to see shiba skyrocketing suddenly when the market is stable right now. It will do whatever the market does hence why it is not a good investment, if I want market movements, I would buy bitcoin, much safer option.

I pray it goes down like you said so that I can buy millions of millions shiba inu tokens you guys have no idea what this project will do in next 4years time I have a big hope on this project.

I think SHIBA INU is a memecoin that has a very high risk to invest in the long term, because the popularity of this coin has run out, this can be seen from traders and investors who have left Shiba Inu as an investment, I think currently the coin that has a great opportunity to become a gems in the crypto industry is the metaverse and NFT.

I don't see the shiba inu as a gem in cryptocurrancy for the future, because I think this memecoin has pumped too high last year and its popularity has run out, this can be seen from the very large decline of shiba inu, and until now there hasn't been signs of the rise of the memecoin, even now there are so many coins that become gems in the future such as, NFT games, and the metaverse, I see crypto users are more inclined to invest with these coins than memecoins.

is not it shiba inu has become the main bet for the small token holders to become the next millionaire in the crypto industry? I would not be surprised if there are still people who have used this to be their main bet to make them become the next rich person in their dream. Saying a token with two digits billion marketcap as the next gem in altcoin industry is so bad. It has less room to grow more. The price already soared very high.
People have no chance to call that as a gem again. So, do you expect a meme token like this will be going to the trillion marketcap to compete with bitcoin or even apple?
This doesn't make sense. I would like to call this as a high risk coin rather than a gem.

I must join this belief , because I have bought Shiba Inu when the price is still pumping meaning i am more than 50% at loss now if i am going to sell so i rather keep it hold (since i bought this with confident and use the amount that i can afford to lose) with all this reason i  may be thankful once this becomes a GEM if lucky in the next couple of years.
Gem or Trap ? who really knows? we cannot just assess the coin because of the recent movement because we knew that there might be changes in the future .

agree , also if you are willing to risk for at least more years? like Doge as i remember the price stays too cheap for years , but last year? the value really boosted and climbed the highest value Dogecoin ever had.
so if we can keep the coins holding since the price is really cheap then yeah there is no hurting to take them with our folio for longer years.
Shib still Keeps its position in normal and the dumping did not go that low so i will still try to have a confident holding position for this coin(as i am also holding some few)

It is very likely that both of them next gem then become a trap because after that down without stoppable.
I still have it buying at a fairly high price and have experienced a decline more than 50%, have not thought selling it because the trading volume remains high and is still listed on many major exchanges.
Looking at current condition there will definitely be a lot of doubts on Shiba but it also happened to Doge a few years ago, so there is no harm in keeping it as long as the money used is not for important purposes so there will be no urge to sell when it goes down because it needs the money for important things.