Shiba Inu token, is there a future for this?

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Quote from: senyorito123 on April 19, 2024, 10:23:12 AM

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?

In my opinion memecoin space is already crowded right now i believe that shibainu only sideaway ar current marketcap i mean shibainu had swap and other products but memecoin is a lot and money already diverse to other low cap meme token

Maybe there will be a spike when altseason really happen and maybe shib can create a new ATH but i dont know

?

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The price of cryptocurrencies like Shiba Inu (SHIB) is highly speculative and influenced by factors such as:

Market Sentiment: Social media trends and memes often drive interest in tokens like SHIB.
Adoption and Utility: More use cases or partnerships may help sustain its value.
Overall Crypto Market Trends: Bitcoin and Ethereum prices often affect altcoins.
Burn Mechanisms: Efforts to reduce the circulating supply can impact price.
Regulation: Changes in crypto regulation can influence market activity.
If you're referring to a "meme future price," it's not an actual financial product but a humorous nod to predicting SHIB's price based on internet trends. For real forecasts, analysts often use technical analysis, but outcomes are uncertain, especially for meme-based coins.

Always conduct thorough research or consult financial advisors before investing in cryptocurrencies. They carry significant risk and volatility.

Rampagoe004

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I consider it nothing more than a meme coin that doesn't have a bright future. The up and down movement depends on the hype. The price doesn't last long after the hype occurs. The price will dump. Most people become millionaires with Shiba coins, many also come out with losses and get stuck in it, investing in the long term is not good in meme coins but in the top 10 altcoins it's just a suggestion from me.
From now on you are better off investing in the Bitcoin blockchain or network Ethereum rather than holding memes with big risks, profits are not promising.

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Quote from: wheelz1200 on September 07, 2024, 04:26:16 PM

Never say never especially with altcoins. Amd in terms of shiba inu coin it can easily fade away. Doge has first mover advantage in terms of memecoins so I think doge will be fine. In my opinion next bear run shib will probably fade away. Every cycle new coins come in the the older ones go away. Just the way it is.

honestly I think meme despite the narrative as just a shitcoin, won't fade away that easily, it's quite different with other alts that are utilities based because if there comes better alt with better utility it will easily replace the older coin but with meme, it's a trend, and a hype, basically people don't really care about the utility, the meme can just exists and there will be people buying it.

most of meme just got that massive support coming from the community and thats it, even if there come bearish season, coin like shib will tanks, but won't fade, probably starts picking up later on once season changed again.

so I don't really agree that it will just go away.

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Quote from: senyorito123 on April 19, 2024, 10:23:12 AM

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

There is much future for shiba inu but don't expect it to rise to 1$. It's simplly unrealistic. Maybe it can rise to 0.01$.

FortuneFollower

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Quote from: wheelz1200 on September 07, 2024, 04:26:16 PM

Quote from: shawonngp on September 02, 2024, 12:45:03 PM

Quote from: sulendra12 on August 18, 2024, 07:40:11 AM

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

Never say never especially with altcoins. Amd in terms of shiba inu coin it can easily fade away. Doge has first mover advantage in terms of memecoins so I think doge will be fine. In my opinion next bear run shib will probably fade away. Every cycle new coins come in the the older ones go away. Just the way it is.

It can, or it won't.
Nevertheless, it's better to look after the coins that are hyped in rather than those that are not too old and too big at the same time if you want a bigger profit-to-risk ratio.
We will see how it goes.

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Quote from: lixer on September 07, 2024, 12:49:23 AM

Quote from: FortuneFollower on September 04, 2024, 04:08:33 AM

No innovation or new use cases for them, you are right Grin

They can't be reshilled, sorta.

That's the case with every meme coin, they don't have much of a use case anyway, it's just the initial hype that makes them gain some value, but overtime as the hype fades away, they start losing traction and eventually fade away from the markets as well and another one replaces them and have the same faith over time. That's how meme coins work in the first place, it's all about understanding them.

Those who buy these meme coins late and hope that they might have another cycle of the same level of hype and provide them with substantial profits are wrong because that doesn't happen. It's better if they try their luck with a newer meme coin which might get some hype and earn them some profit if they aren't unlucky.

Holding old meme coins and hoping for a price rebound isn't wise, in my opinion.

Yeah, it's only viable if you have some info insides that the X coin is going to do massive marketing attempts + influencers piling up to try to renounce the situation.
But ordinary people wouldn't be able to use that opportunity.

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Quote from: shawonngp on September 02, 2024, 12:45:03 PM

Quote from: sulendra12 on August 18, 2024, 07:40:11 AM

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

Never say never especially with altcoins. Amd in terms of shiba inu coin it can easily fade away. Doge has first mover advantage in terms of memecoins so I think doge will be fine. In my opinion next bear run shib will probably fade away. Every cycle new coins come in the the older ones go away. Just the way it is.

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Quote from: FortuneFollower on September 04, 2024, 04:08:33 AM

No innovation or new use cases for them, you are right Grin

They can't be reshilled, sorta.

That's the case with every meme coin, they don't have much of a use case anyway, it's just the initial hype that makes them gain some value, but overtime as the hype fades away, they start losing traction and eventually fade away from the markets as well and another one replaces them and have the same faith over time. That's how meme coins work in the first place, it's all about understanding them.

Those who buy these meme coins late and hope that they might have another cycle of the same level of hype and provide them with substantial profits are wrong because that doesn't happen. It's better if they try their luck with a newer meme coin which might get some hype and earn them some profit if they aren't unlucky.

Holding old meme coins and hoping for a price rebound isn't wise, in my opinion.

FortuneFollower

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Quote from: gastrack on August 31, 2024, 12:06:09 PM

I don't actually see a ton of possibilities in a considerable lot of these image coins that generally made huge names on the web, I feel their points are now accomplished and wouldn't fret leaving the market if theirs no inflow into their undertaking once more or they can't endure the market unpredictable nature any longer. So exchange them at your gamble. It appears it has siphoned up the earlier year because of the interest and publicity it got, however right now, the task proprietors are not adding anything new to the venture to cause it to draw in more worth.

No innovation or new use cases for them, you are right Grin

They can't be reshilled, sorta.

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Quote from: shawonngp on September 02, 2024, 12:45:03 PM

Quote from: sulendra12 on August 18, 2024, 07:40:11 AM

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

Agree to some extent but i think there is no comparison of doge and shiba inu in terms of their prices, doge is trading at .1$ and the all time high of doge coin is almost .7$ which is huge and we can expect dogecoin to cross 1$ in future but we can’t expect shiba inu to cross 1$ as it is trading very low but both are listed on binance so we can trade in both they will live long by looking on current trends of market. Better to invest in dogecoin instead of shiba inu, doge will give you more profit.

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Quote from: sulendra12 on August 18, 2024, 07:40:11 AM

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

betswift

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Quote from: sulendra12 on August 18, 2024, 07:40:11 AM

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

Yeah, with no utility tied to it or some interesting use-cases that could lead to funds and degens flowing, no future for it to consider investing into it, unfortunately ;(

gastrack

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I don't actually see a ton of possibilities in a considerable lot of these image coins that generally made huge names on the web, I feel their points are now accomplished and wouldn't fret leaving the market if theirs no inflow into their undertaking once more or they can't endure the market unpredictable nature any longer. So exchange them at your gamble. It appears it has siphoned up the earlier year because of the interest and publicity it got, however right now, the task proprietors are not adding anything new to the venture to cause it to draw in more worth.

sulendra12

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Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

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Quote from: senyorito123 on April 19, 2024, 10:23:12 AM

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

At first glance, the prospects for Shiba Inu are very good, from when it appeared until now the development is very fast in trading with high volume. We can't be sure of the future of the Shiba Inu token because it's just a micin token that's just a trend. After that, everything will return to basics or collapse, unlike what many people predict.

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Quote from: Cryptoababe on June 06, 2024, 01:04:34 PM

Quote from: Halime Anatolia on June 06, 2024, 02:36:47 AM

Quote from: Cryptoababe on June 04, 2024, 08:07:02 PM

The market is unpredictable, but I think there are better meme coins with lower market caps to look into. An example is Pepe. There are also some low-cap coins like JungleDoge and Beer or similar ones. Although these are Solana meme coins apart from Pepe, you can do more research, and I'm sure you will find better meme coins..

That righ. Currently there are still many BSC networks, there are one thing I am worried about if BNB rises to $1000 this year, transaction fees will also increase because many memes also use the BSC network. Yes, for those who are already feverish, the BSC gas meme is still considered cheap at the moment.

Shiba Inu token, Pepe is also good if we hold fans, who knows, in the future the price will also rise again as long as BTC is pumped strongly.

I'm actually talking about solana memecoins. Solana is currently the best blockchain for Memecoins. Some big memecoin projects are already switching to Solana's system and this might help Solana compete with Ethereum in the future in TVL I think.

Eth is a king of cryptocurrency, Solana is comparable with ethereum? i agree if you will compare bnb in eth but now solana, sol is promising platform and recently some new launched meme coins are getting hype like dogwifhat, and sol blockchain is favorite for users to low transaction fees. but sol will never overtake ethereum.

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Quote from: senyorito123 on April 19, 2024, 10:23:12 AM

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

Shiba Inu is a meme coin, many people don't want to create any future with meme coin but I want to say that Shiba Inu is a meme coin but it has a good future because Shiba Inu developers want to move forward with their future plans with their coin. Now the current price of $0.00001326 will not stay at this price but if the market rises then definitely create a good position and move to the new price. I am not saying that 100x will be made soon but the price will definitely increase if the market increases. Many may say Shiba Inu will make $1, I don't believe it because it may not be possible. Maybe a peak of $0.10 between 2025 and 2030 is again due to the best efforts of developers because if developers push forward, the price will increase as we have seen with Dogecoin.

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Quote from: Abiky on July 24, 2024, 08:53:07 PM

It's because people are losing interest in old "meme" coins like Dogecoin and Shiba Inu. The latter was created as a means to enrich developers (and early adopters) following the success of Dogecoin in 2021. That was the year Gamestop "meme" stocks surged to the moon (WallStreetBets), and Elon Musk praised DOGE. It marked the beginning of the "meme" coins craze.

People moved on from Shiba Inu to newer coins (tokens) like BONK and WIF. It's where the money is. Once new "meme" coins come out, previous ones will become history. I wouldn't expect much of a future for SHIBA. Dogecoin is the only "meme" coin that will survive because it's the original project that started it all. Why not buy some DOGE instead? Tongue

at this point indeed DOGE seems like more prospective investment than SHIB since DOGE is like the BTC of meme coins world.

but yeah, all the money just moving around the newer meme coins, I guess it will be like this until the bearish market hits.
so if anyone thinking of speculating with meme coin and want to do it the fast way, just follow the meme coin trend and join the band wagon, making money there will be easier since it's the hype.
but expect it to be a roller coaster as well.

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Quote from: Abiky on July 24, 2024, 08:53:07 PM

It's because people are losing interest in old "meme" coins like Dogecoin and Shiba Inu. The latter was created as a means to enrich developers (and early adopters) following the success of Dogecoin in 2021. That was the year Gamestop "meme" stocks surged to the moon (WallStreetBets), and Elon Musk praised DOGE. It marked the beginning of the "meme" coins craze.

People moved on from Shiba Inu to newer coins (tokens) like BONK and WIF. It's where the money is. Once new "meme" coins come out, previous ones will become history. I wouldn't expect much of a future for SHIBA. Dogecoin is the only "meme" coin that will survive because it's the original project that started it all. Why not buy some DOGE instead? Tongue

And yet, all those lower cap ones gets a rise for a brief moment, and then crash to oblivion, whereas doge still stays strong. Don't get me wrong, I never invest into doge neither, and I would not consider investing into it at this point.

However, if you ask me which one is better, some shitcoin called BONK or whatever, or doge? Then I would say that Doge is the one. It wasn't created to make the devs richer, that is literally what the current ones are, it was created as a joke, and even the dev doesn't have much, the current ones? Look at all the funding that current ones get, ask them to get financial audit, not just token blockchain code audit like what certik does, I mean a financial audit.

You will see that anything that was created after 2020, will be in so much trouble, why? Because they get funding, spend maybe 10% of it, and 90% goes right into their pockets to make them richer. You may think that doge has whales that hold it, but at least they are holding doge, these new project devs get your usdt or bnb or eth or btc, whereas they give you some shitcoin in return at launch. That would never make any sense in old days, and yet people love it nowadays for some reason.

Topic: Shiba Inu token, is there a future for this? (Read 1228 times)