Shiba Inu token, is there a future for this?

wheelz1200

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Quote from: shawonngp on September 02, 2024, 01:45:03 PM

Quote from: sulendra12 on August 18, 2024, 08:40:11 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.

lixer

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Quote from: FortuneFollower on September 04, 2024, 05:08:33 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, 01:06:09 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.

CoinFoxs

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Quote from: shawonngp on September 02, 2024, 01:45:03 PM

Quote from: sulendra12 on August 18, 2024, 08:40:11 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.

shawonngp

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Quote from: sulendra12 on August 18, 2024, 08:40:11 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, 08:40:11 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.

kbhutto

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Quote from: senyorito123 on April 19, 2024, 11:23:12 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.

shawonngp

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Quote from: Cryptoababe on June 06, 2024, 02:04:34 PM

Quote from: Halime Anatolia on June 06, 2024, 03:36:47 AM

Quote from: Cryptoababe on June 04, 2024, 09:07:02 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.

2Pizza410000BTC

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Quote from: senyorito123 on April 19, 2024, 11:23:12 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, 09:53:07 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, 09:53:07 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.

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Quote from: TastyChillySauce00 on July 10, 2024, 11:12:44 PM

Well that's the truth honestly, $SHIB already drained of its potential what's left is just some people trying to find good price to dump their holding

the shibarium which initially was the big plan for shiba inu to boost its value was a big flop
just around 6k daily transaction compare it to almost 2 million daily transaction of arbitrum with governance token valued less than shib market cap (it's the same Layer2)

so, huge bullrun that could cause meme market rally is probably the only chance shiba can actually make good gain with its large market capitalization.

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

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Quote from: Silberman on July 10, 2024, 07:39:36 PM

I am no so sure about the amount of potential shiba inu has anymore, after all we are talking about a coin that has a market cap of 9.6 billion dollars already, so how high can it go? Even if we were to assume it grew 10x during this bull run, that is not really a lot for a meme coin and all of those that are interested in investing in those kind of coins, then at best I could see this coin pumping once and then it may remain stagnant for a very long time.

Well that's the truth honestly, $SHIB already drained of its potential what's left is just some people trying to find good price to dump their holding

the shibarium which initially was the big plan for shiba inu to boost its value was a big flop
just around 6k daily transaction compare it to almost 2 million daily transaction of arbitrum with governance token valued less than shib market cap (it's the same Layer2)

so, huge bullrun that could cause meme market rally is probably the only chance shiba can actually make good gain with its large market capitalization.

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Quote from: Samurai trieng on July 10, 2024, 03:57:42 PM

In my opinion, Shiba Inu is a memecoin that has quite good potential and popularity, but I am not sure whether this memecoin can grow and develop well in the future, considering that the supply of memecoins is very abundant and unlimited, therefore I am not sure if Shiba Inu can compete with altcoins in the future,

I am no so sure about the amount of potential shiba inu has anymore, after all we are talking about a coin that has a market cap of 9.6 billion dollars already, so how high can it go? Even if we were to assume it grew 10x during this bull run, that is not really a lot for a meme coin and all of those that are interested in investing in those kind of coins, then at best I could see this coin pumping once and then it may remain stagnant for a very long time.

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In my opinion, Shiba Inu is a memecoin that has quite good potential and popularity, but I am not sure whether this memecoin can grow and develop well in the future, considering that the supply of memecoins is very abundant and unlimited, therefore I am not sure if Shiba Inu can compete with altcoins in the future,

andyou1234

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Shiba Inu has been one of the best memcoins in recent years, but as time goes by Shiba Inu is sinking with the presence of new memecoins, but in my opinion Shiba Inu will always be able to survive because the interest and community of this memecoin is still very large. , so I think there is still a chance for Shiba Inu to grow and develop even higher in the future,

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Quote from: senyorito123 on April 19, 2024, 11:23:12 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 Coin is currently among the most regulated and very good on this platform. But there are different aspects to investing, Altcoin investment carries its own risk. Shiba Inu Coin had a huge price increase in a short period of time this 2014, and currently the price is in a lot of dumping. This is the best time to employ type, so any time investment now will reap the maximum benefit of the next bull market.

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Quote from: Essential10 on June 21, 2024, 02:24:56 PM

To make money from meme tokens you need to do a lot of analysis. If we analyze the meme coins of the past we will see that most of the meme coins have temporarily increased in value and those who have done proper analysis, research have succeeded from meme coin. Just as meme coins are not guaranteed, no coin like Shiba Inu is guaranteed. If in the upcoming bull season the value of the coins in Bitcoin rises too much then there is a possibility that a meme coin like Shiba Inu will rise in value, although if the price rises I don't think it will rise much, the average may be a rise in price.

They are memes and nothing to be serious of. You can make money as long as the trend is on them and the community remains to be hyped about it.
Without the community, these memes are already gone. As for shiba, it remains to be a strong candidate for the meme coins choice of people and that's why it remains to be there but about its future, no one can say exactly what will happen.

Topic: Shiba Inu token, is there a future for this? (Read 1025 times)