Topic: Shiba Inu token, is there a future for this? (Read 461 times)

Shiba Inu has become a meme token that has been popular since its appearance until today and still maintains high prices. If you ask if Shiba Inu has a future, a meme token is always the target of short-term traders to generate weekly profits. There is no future for meme tokens including Shiba Inu.

Shiba Inu has a very large community, a lot of people like it. It will no doubt fly high in the upcoming bull market.
I would expect it will at least multiply in value by ten times the current price. Shiba Inu did so well in the last bull run, it won’t match those returns this time but it is a safe bet for great profits in the upcoming bull run.

In my opinion, Shiba Inu will follow in the footsteps of Dogecoin in the future and I really believe that Shiba will fly to the moon. and I have read various articles about the future development of shiba and almost all the media say that shiba has a bright future like dogecoin. and shiba has been on my list of long term investments. and hopefully what the predictor arrives at will be true.

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..

To add to that, asides from the developers adding something that can make the token to have other use cases, the developer can also implement something that can store up hype. Matter of fact is that the community even with the current codes, etc, can generate hype that will put it back on course. It doesn’t need a use case for that to work. This works well especially if it’s trending on social media platforms like 𝕏.

This year has seen a lot of memecoin hype which has led to a lot of people buying memecoins. But there may not be such hype ahead. Because the memecoin scam has already increased, many investors are now dissociating from memecoin. But its future does not look good. But you can deposit very small amount of memecoin if you want. because we can't more risk at this time.

Some do still hold
Some had already forgotten this meme because it had already moon.
Some do still believe that it could give another round.

There's nothing we can do if there would really be still those people who had been bag holding this coin but i wont really be that get surprised if there would really be those new meme coins that would really be overtaking this meme coin. We do know that we do have a couple of good candidates when it comes to that kind of category but of course there's no assurance to that because it will really be that still depending with the community and its holders or supporters but we cant really be able to deny that we would really be loving to know on which one would really be the next SHIB or DOGE or PEPE.

This would really be a never ending hunt and this is why you would really be able to see tons of traders or those peoplew who do really hang out into those DEX
trying to find that potential meme coin that could bring out a fortune. So if you do still believe on $SHIB then it would really be that your choice whether you should
hold or not.

Shiba inu is a meme coin, so there is still a very high risk with Shiba. However, I think the potential for price increases is still there. Meme coins are synonymous with rapid rises and rapid declines, but because Shiba is one of the meme coins that has a large community, I think there is still a future for this meme coin. I think, when this coin crashes, and has no future anymore, I think most of the meme coin world will collapse. Shiba inu is one of the most popular meme coins that I know, so I think there is still a future for this coin. However, the risk is still very large, because it does not remove Shiba Inu from one of the meme coins.

From the price in the market right the future of the project is at stake. $0.00002408 but one thing I know in the cryptocurrency market is that if a project stayed in the ecosystem for more than five years and it still existing in the space then it would be hard for the project to die or crashed and Shiba Inu was launched in 2020. And one thing I will like the token is that it was not launched in Solana network but Ethereum network so that can also indicate that the memecoin will have a fortune.
Most of the token launched in Solana network is dieing.

If you are a meme coin lover you should add Shiba Inu to your investment portfolio because Shiba Inu is one of the most popular meme coins today. Some people may look down on meme coins because they have no utility, but the fact is that currently meme coins have become an important part of crypto and meme coins like shiba inu have a lot of investors and lovers. You can see that the MC of meme coins like Shiba and Doge is very large, even beating altcoins that have high utility. meaning that investing in a popular meme coin like shiba has the same prospects as investing in other large altcoins that have utility.

worth investing in, I can't possibly say not worth while shiba have a lot of investors and are ranked 12th in CMC. will the price change? of course because shiba is not a stable coin, and what determines the price of shiba in the future is hype and market conditions. becoming one of the most popular meme coins is a truly remarkable achievement and I think shiba has a very bright future, considering the ever-increasing popularity of meme coins.

Shiba is currently the most popular meme coin and is part of the big altcoins. in the future the price of bitcoin will continue to increase due to limited supply and increasing interest. an increase in the price of bitcoin will definitely have a positive effect on the price of altcoins, in other words it is very likely that the price of shiba in the future will continue to increase. Moreover, it is very likely that the popularity of meme coins in the future will also increase.

No use-case = a no-no for me.

Like what others said here, it's only a meme coin. A community token that just came out of nowhere and got at the top 50 in terms of market cap. TBH, I don't know why and how it happened, but aside from DOGE, all of the meme coins even the top ones are the ones that I will be avoiding. I might be wrong as well and we might see SHIB as the one of the most famous meme coin 5-10 years from now aside from DOGE of course. We might see what other SHIB holders are dreaming of - to reach a penny (which is obviously not gonna happen ).

It will not remain. It's price will go higher the same as what the other coins are doing. If it's price remain stagnant and will remain at it's current value, it will lose it's spot on the top like what happened with other altcoins in the past. It might happen with SHIB as well, but with such a huge community behind it, I doubt it will happen. Huge community = huge support.

Coins like this are bordering being a ponzi-sceme, before becoming to be a lasting succes - or before indeed changing into a ponzi-sceme - and in result go down.

After a possible fall-back, believers will still keep it going for many years, it's all about believe anyway. But far most coins do not recover after falling back big time.

In general the Crypto-coins based communities it's a very new thing. The oldest one, the Bitcoin-community, is only 15 years old. Meme-coins are a lot younger and will still see a lot of development, shake-outs, new competitors and so on.

I'd say Shiba Inu stands no change if they can't create a succesfull DEX or a succesfull stable-coin or so, maybe a predictions-market.

But they have a huge head-start so they will have space to move for some time to come.

I don't really follow the development of the Shiba Inu token, but if you look at the trading volume of this meme token in the last 24 hours, the results are quite surprising, it is clear that the developer and also the community of fans of this token are quite enthusiastic

shiba inu is ranked #11 CMC, I see it is impossible to climb any higher

All decisions are in your hands, the choices you make must be wise enough, so that you don't lose anything

I don't like this coin, but this in case does not mean I would never buy it.

I don't know this very community. In general, the kind of community you describe is the very community one would expact for a casino-coin. This are no fun communities, like a lot of communities are no fun, but it is a community. Now, if these people for example develop a stable-coin at 0,01 USD cent and create a decent backing, most of all when they create a kind of backing which is appealing to the crowd in that community, then they have instrumental utility.

Also over the years the people inside the community should have a better understanding of how the coin behaves on the markets then gamblers and also people who trade on intuition have outside this community. Of course, in chapters of this community where everyone yells "Buy buy buy!" a lot of these people are not buying themselves. People inside the community who buy whenever everyone yells "buy" will be broke at certain moment. So over the years, the community gets stronger. (Not in a good way but in some way.)

The key thing to look at is: do they have the kind of techical development which is appealling to the community? Plus do they know how to promote it?

This coin has a head-start, so they have a chance to stick around.

But I don't have any plans to buy it. I hardly ever buy memecoins anyway.

A community of bunch of traders bonding together for a pump and dump token? I don’t consider it a community if everyone is just screaming to buy and not sell so that they can sell on higher price using other member liquidity. This community only talk about the price and how to shill this useless token by faking its benefits to the public.

There’s no winning in meme coin in reality because all meme coin investors is just deceiving each other about “the good future” of the coin while in reality there’s nothing to look forward on this token aside from bunch of people expecting to pump and dump for quick gains.

I tend to agree on most points. Yet having a community is a fundamental (to me). Just like having a name everyone knows and connects to a meme-coin, not to something else, is a fundamental (to me).

The current value is way to high for Shiba Inu being a failed coin which only is about hype and speculation. So it's something else. It for sure is a high-risk asset. After mass-adoption, some meme-coins will be worth more then Bitcoin is worth in the now. A meme-coin needs a very big community and it's far best of having some instrumental utility, for example being intergrated in an exchange, which the community uses - or for example being used in a predictions-market.

Example of the last thing: one could create or develop a meme-coin called "Karl Marx" and build a predictions-markets for the results of elections, but also for the price of the USD.

Due to the FED and also the ECB policies, plus the bank of England, there is a lot of store of value going on - a lot more then there is actual value. This for example means that the prices of houses are way to high in the now - houses no longer are just buildings to life in - they are stores of value. Not just in the rich parts of town, but in a lot of other area's also. This is something which will go wrong some day.

This means that most of all in a "Karl Marx" community, plenty of people will spend money on predicting that the USD will lose big versus gold, silver and grain. Such kind of a community could become to worldwide, if so it would have many chapters and it would connect people who have something in common.

I would be VERY suprised if Shiba Inu will be a winning memecoin over the years and decades. It does not connect people who have something in common and without that, it's not going to be easy for a meme-coin.

Shiba Inu isn't a great investment alternative. The supply is just too high and the usecase nonexistent. I see no point in investing in this token, since we have so many alternatives of altcoins at crypto market right now. Why not invest in an altcoin which has solid adoption, plans for the future and its own blockchain, instead? Investments aren't memes or jokes. I believe it has to be taken seriously, because it's all about your future and the future of your finances. So make sure to take responsible decisions towards it. Avoid speculative hypes which don't have any fundamentals behind them.

Shiba Inu allready is a succes, which means being in the media when something happens will take place. So promotion will be on auto-pilot. Promotion is needed for being able to grow.

It has a community, so it's possible to create a stable-coin. People like stable-coins, and a well-managed stable-coin creates utility for a block-chain. It also has a DEX and people inside the community might prefer using that DEX for trading some coins.

Shiba-Inu has some instrumental utility, so it's more then a memecoin - this is needed for being a real succes.

It has maximum supply, this is very important, memecoins without maximum supply or at least something which comes down to the same thing, IMO don't have any future anyway.

Keeping the current market-value will be very hard. More and more new coins will come, there is not all to much competetive utility. In result, the current value seems to be way to high.

Of course sometimes one can make good trades on this coin, yet this comes down to winning because others are losing and this is something I never do for two reasons: it's not nice and trades on coins which seem to have a value on the markets which isn't way to high are a lot less risky.

In the now, in essence it's casino-money.