What is happening with Shiba Inu is called pure gambling and speculation. As this meme coin was backed by few celebrities and Vitalik himself, it gained a quick popularity which was pretty unexpected by many. And now that it has gained a huge popularity, people are trying to get that listed in exchanges. What I foresee, it will eventually become listed, either in Robinhood or in any other exchanges because it brings money to the exchanges. So I see further upside potential in this coin. Good for short term gambling!
Actually, I watched an interview of one famous trader yesterday and he said that he had to change his opinion about shiba when he did a close and careful research of it recently. He noticed that this project was not so empty like I used to think. It is building a big community and developing plans about releasing their own NFTs, so I think that we shouldn't take shiba as a meme coin any more.
I did notice too several top named traders on youtube had said they have changed their opinion on it just being another shitcoin and it can community driven things since so many have adopted it and it has easier access to actually own it with coinbase.
Didn't know it was developing it's own brand of NFTs though.
Thanks for the update of its progress on the thread.
Possibly many have been questioning shiba Inu great run but we all knew how inappropriate a shitcoin goes viral like this which beat a lot of fundamentals coin. I myself can't believe with the pump but of course let's congratulate those who have hold it cause they deserved such fortune for trusting a memecoin.
Yeah, those heavily invested into crypto know the fly by nights which only last a few months then disappear.
Safemoon anyone?
Those who have bought a ton and just having it sit on their exchange accounts would be surprised once they log in.
Having a balance of a few dollars would be in the hundreds.
A few youtubers were even saying yesterday that Shiba Inu has flipped dogecoin.
I am not certain what that meant because I am sure doge has more of a marketcap then this offspring project. Which has been around for maybe a year if not less.
