Topic: Shiba Inu token, is there a future for this? - page 4. (Read 1228 times)

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.

Shiba lnu can see its development for now, be realistic whether it progress updates in the future even though it has increased in terms of price and nothing has changed in the token
In the long term, it needs to be considered carefully. Not much adoption makes Shiba lnu more suitable for use.

I agree that shiba inu has some potential to grow even higher in price but we should not overrate it too much. There is a possibility for it to not keep increasing in a few years time. Yes it is good now and can give you relative returns but will it be after a few years? I highly doubt it.

Like we all know that the Shiba Inu is one of the top meme coins in the market and we can make crazy amounts of money from them if we are ready to hold and ride it to the bull. We can always make money from the market and what we are required to is to look other good meme tokens like the Shiba and hold so that profits can be coming from different corners as we are holding. It is a big opportunity for us to understand the market so we know when to buy and when to sell.

I think Shib is a very good coin as far as short term investment in considered. People have been investing into this coin from a very long time now and they are having some very good and profitable trades by investing into Shib. It's not very volatile and the performance can be easily predicted by learning some basic skills or reading the market.

But where people get it wrong is the investment for long term in Shib. Some coins are not that much big projects that we suppose them to and that's not their fault rather it's our fault that we have not studied and analysed the market that well.

Among all the countless memecoins, dogecoin and Shiba Inu, stands out at the top, their reputations precedes the others as far as I'm concerned, so the OP can invest in it if he feels that it has the potentials to pump. The crypto market is quite unpredictable, sometime last year, people thought that Solana, was near dead, but today it's among the top altcoins, so again, if the OP feels strong about Shiba Inu, then let him invest the amount that he can afford to loose.

Shib is good coin to invest but dont forget that this is still a meme coin this is no use case and it has a very big supply, so dont put all you're trust on it, you can invest it a minimum amount of money or a money that you can afford to lose its price is only driven by a hype from its fast growing community, i beleive that after the hype from a couple of months or even years from now this coin will become shit coin or dead depending on its comunity.

There is a big risk on investing in this type of coin, not all investors earn on meme coin, sometimes meme coin gives us frustration so if you invest on it be cautious of what will be the possible outcome, for me I'd rather invest in a coin that already proven for a long time such as Btc and eth or even bnb this coin will never disappoint you as long as you can hold them for a very long time from now based on the record.

I don't know about the plans you are building with this crypto, but most different cryptos have opportunities/risks, with SHIB it is memecoin that is really familiar and very successful.

I think the FOMO will continue and push SHIB to reach new milestones, but there are still big risks because of its hype nature. So there is no guarantee that it will increase/decrease, and it also depends on the plan you set with it, anyway, everyone will have different/same opinions and imo, always make sure you are ready to face any situation.

We prepare for the worst to happen and in all, we stand strong enough to give back to the market. Talking about memecoins, Shiba Inu was a shitcoin that have completely no value but noticing the rapid values and zeros cancelled forward, it becomes concerning. Shiba Inu have made the necessary important moves in the market and have also capture the attention of investors. It's been really a long time when we spotted Shiba Inu to be trending, it dominates every piece of positive form, keen on the existing project.

If there is a huge future for this, then I have absolutely no idea at all how any of this crypto world works. Because, after over a decade in this crypto world, I bet that there is absolutely no future for it at all, and if I am wrong then I am sorry and I have absolutely no idea how any of this works.

But, I have seen plenty of stuff that stayed up with hype, hell I still say that XRP is a shitcoin and should not be invested, it is getting lower and lower like it deserves nowadays but it has stayed up, even took second place, for many years, meaning that I could be very well wrong about it for a long time. I personally believe that we need to just be careful and not make mistakes regarding this situation at the end.

Shiba Inu is the king of meme tokens. There's Dogecoin but it's a different league with its own blockchain. Shiba Inu is to meme coins as Ethereum is to altcoins.
Shiba Inu have had an exceptional growth and is showing good resistance at current price level. Due to the last drop in price, there had been good accumulation of the coin. I don't see any coin replacing or challenging its dominance any time soon. Can't give a time frame but Shiba Inu is here to stay and prosper. you can have a x2 in at most a couple of years if you buy Shiba Inu now at current price.