Bitcoin Forum

https://nextshib.com/ Do you think this coin has potential?
If someone is afraid to go to this suspicious site, then I have attached a screenshot.
https://prnt.sc/26hz1oa

I learned about NEXTSHIB from this review (https://cryptogeek.info/en/blog/next-shib).
I just bought 1 million coins, but I don't know if I made the right decision...

No. The fact that is it named after a popular meme/shitcoin (Shiba Inu) tells you that this token is just another copy-cat.
No team info. Bland website design. The features of this shitcoin is common amongst many other shitcoins, deflationary, burn mechanism, etc.
I wouldn't touch that token with a ten-foot pole.

You already said it yourself, it's a meme coin, so we all know that it doesn't have a use case whatsoever, but just for pump and dump used.

1 millions coins? how much it cost you though? I didn't check on the attachment that you link but it seems it could have been billions in circulation?

So it will have a hard time going up as far as the price goes.

1 million coins = 2.3 MATIC. I thought that it is not expensive and maybe I can do x5.

you should get more information mate if that newshib can really guarantee good return after all before investing in it, wherein not just because you see some stuff that for you is positive you will buy, no mate that's a big mistake!. Because to be honest such new projects is very promising but since they don't have proofs probably its always too good to be true no matter what especially when it comes choosing a meme projects, and of course to prevent regrets in the future.

that's not a lot but it's worth if you think that it can go up like 5x from what you have bought from the market. I personally think that if betting into the garbage token will be only for short term trade. That's only good for the short term trade but can you answer this whether you bought that during the sale? i meant if you're not buying from the market and this potentially to give you at least 100% ROI but if you have bought this during the pump and then 100% ROI will become an impossible thing. As far as i know any meme tokens will always be pumped after it will be launched on the dex but it will be dumped again to the bottom. This cycle owned by meme and shit token. I have seen that happened so many times. As long as you didn't feel worry to lose your money and good luck.

It might be a reckless decision of yours. There's the Shiba Inu meme coin, you should've just stayed there if you really want a meme coin in your wallet.
Or rather stay with the original which is Doge. You risked way too high even for a small amount of money. It may just cost you what?, $10 - 30 but that is still money that could've been invested with something else.
I don't like how they are copying every hype and investors biting at it. But as we always say here, it's your decision, it's your money. If you didn't research then it's your regret at the end of the day. Good luck.

I understand that I can lose my 2 MATIC, but I can afford to lose this money, it's not that expensive. I want to try to wait for the official sale on the exchanges and sell these coins at least 2 times more expensive.

Even if we were in a full throttle ahead bull market i would still tell you, that this coin has zero potential at all. It is probably the 500th sh*it coin that has "shiba" in it's name. The sh*t-coin (meme-coin) hype is slowly but surely dying for a few weeks now even when we were still in a stable market. Now we are in a correction mode or maybe even in a bear market and no one would buy sh*t-coins like that anymore. I guess your 1 Million coins did not cost that much so i guess your loss won't be that big. During a bear market or a nervous market i think it is the time to invest into established and big projects that you can get now for like 30% less then a few weeks ago.

We can't know if it is the next shiba unless it becomes as big as the last shiba. When the nextshib becomes as big as the last shib, then it won't make any sense to buy nextshib because it will be too late already.

Why don't you just buy shiba inu if you like it?

If you like nextshib, of course you can buy that too. Maybe it will be as big as the last shib. Nobody can know.

Pumped after listing and dumped after the pump has done. I don't see any potential from the meme tokens. If you are only accumulating meme tokens and just use them as short-term assets. Meme token is not worth being owned for the long term.

I have seen that and there was also an article that was also explaining about this but to be honest betting in the shit token is not good at this moment. Im expecting the bearish trend of bitcoin will make the market become even worst. Shit token like this might be dumped to the zero. Im not skeptical but this is the fact.
That means you're gambling with your decision to buy this meme token.

Asking if you made the right decision shows that you're having a second thought about the decision you took in buying nextshib unfortunately I can't reassure you or scold you for the decision you already took.
I don't know what you considered before buying but I personally buy new meme tokens even after careful consideration with money I can live without.

The bottom line is, it is another meme coin and most definitely will only work on hype. Even though I have not reviewed it I could strongly say I don't think it has any use-case and they will be people that will definitely invest in them hoping for a pump someday just like you did without having a convincing reason but let's hope you made the right decision  ;D

Almost every day I see memecoins being created and you can see them on twitter, I don't understand why the Hype isn't over yet, there are no strong fundamentals on new memecoins, they are just copypaste from other projects and have high tax for every transaction, if you you have chosen, then you have done your research and I hope you the coins can be like shiba so you get a lot of benefits in the future

I understand you bought 1 million meme coins for a cheap price of 2 matic equivalent to about $3 it's like a bit of a loss but you still choose meme coins with hope, that's okay.
But remember don't try to invest a lot of money in new meme coins that are not clear we know meme coins are launched every day with strange names so don't ever put a lot of money on these meme coins.

Of course, I'm not a big fan of such coins, but I like Doge for a long time. I always thought that the price of the coin would rise, but I did not wait and sold them to a real rise, about a year and a half ago. What you present for consideration is not credible at all. It’s better to take a closer look at the Lunachow project, at least it is traded and listed on CoinmarcetCap. Investments are a personal matter and I'm not sure that you should ask about it, decide everything for yourself.

The amount you spend to purchased this coins is too much in this season we are, since the coin is no longer pumping like the way it was last year 2021. You would have divided the money into two and invest one part to bitcoin and the other part to altcoins, in case one dump the other one will bring a good profit at the end of the investment. Since many altcoins price has started decreasing, it will be advisable to invest little to altcoin because the price is not encourable for people to make a good income.

I am not sure if that meme coin still is the trend this year because all coins have reduced their price. If you want to gamble with your money, you can buy more. After all, you do not need to spend too much money instead, just to use 0.1 bnb to buy the meme coins. But I suggest you not spend much money because you know that the risk will always be there. But you already use 2 Matic to buy that meme coin so hopefully, you can make a profit later if the price increases and the meme coin can survive in the crypto market.

I don't really think that there is hype still for meme coins but as usual, some investors like the OP believes those are some investment you can make quick or huge profits from and they will continue to invest in them and it doesn't matter what people say here about meme coins not being a good option for investment, it is still a go-to for some hoping something good happens, well sometimes you might want to take a risk.

You made the wrong decision. Anything that's a copy of the original idea is bound to fail, as it's a money grab or a blatant scam

There are too many meme tokens in the swap exchange, this is due to the ease of importing with just a smart contract.
In addition, a large number of tokens have been developed due to the ease of creating tokens from smart contract blockchains.
Nextshiba just wants to take part in the hype behind the Shiba token. There are dozens of tokens with the name Shiba, and hundreds of tokens with the name Dog.
I'm not so sure about such tokens. If you open Coinmarketcap, there are dozens of tokens being promoted every day. All of them did not get strong support from investors.

This can be quite annoying, I hate seeing all these copycats, and this one is obvious that they copied from shibainu. Even shibainu itself has been down as of recent, and the hype is over, no one is even talking about it anymore. Although I still see some meme coin fans who keep believing that meme coins will still have a come back this year, I know it is possible, but I’m not really taking it.

Anyone who is making an investment now should be very careful of the investment they make, and be sure that the assets that their money goes into is one that would be worth it this year. Meme coins are more volatile than their crypto counterparts, so it’s a huge risk.

You were too fast, you already bought the coin before even asking the question on the forum. You should have waited to see what other people would say about this project before you rush to buy it. Investment is a risky business, and anyone who is doing cryptocurrency investment shouldn’t always be in a hurry, but rather should always have a calm mind and make sure that whatever risk that they are taking is calculated.

I do know that meme coins has been a huge hype since last year, but don’t forget that hype doesn’t really mean that a project cannot turn out to be a scam letter. And I don’t like projects that can’t have a unique name and idea for themselves, but rather prefers to copy from another project.

I think all the shib coins are still have a good potential because of tesla started accepting the Doge and now there are some possibilities all shib coins would pump tremendously in the upcoming days and I believe nextshib would won't disappoint us and thanks I will buy nextshib now

Of course everyone's thoughts are different, as well as investments, some are long-term investments, some are short-term investments. but there are very many people who invest short term, and many also profit from short term investment, but there are also those who invest short term who suffer losses, because they buy the wrong token or crypto And what they buy is that token or crypto is not quality . so in my opinion if you want a short term investment choose a quality token or crypto. but the decision is yours.

I don't think that everything that relates to meme coins will be potential. We have seen how many meme coins in this crypto market and most of them are failed. They become shitcoins. Many more new meme coins, many more shit coins created. They will probably only give pump price because of hype from high promotions. But in fact, they are not suitable for long-term investment. I think that you must consider more again if want to invest in the coin, which is high risk. You need to hold the risks, if you have the time to sell them when the price is good, just do it. DYOR

Pure hype only just like the Shiba Inu which is just a copy-paste of a well-known meme coin called Dogecoin.
But if you are just here for profits, you can gamble on those random shitcoins called meme coins, if you entered at the right time and sold at the right time also without getting losses, congratulations.
But because of these kinds of hype, a lot of people losing money because of these random meme coins.

From the beginning, they were shitcoins with no utility, no application, and just hype and disappeared. You can also invest in any meme project as long as you know what you are doing with your money and are willing to take any risk it brings you.

Because the meme only exists when hype so you will make a profit if you join the project at the right time and exit at the right time.

By looking at the name only, this coin is created only to gain the hype of Shiba Inu. I have seen or followed this project. Since OP told us about this meme coin early this year, i wonder what is the current status of this coin ?  How much it has gain or lose in value since then ?

I have seen many meme coins so far, most of which no longer exist today. There are some who are suffering from existential crisis. In such a situation I think no new investment should be made in any new meme coins. Moreover, investing in new meme coins is risky until the market goes from bearish to bullish.

I hope you've made the right decision, although I think you've made a wrong one. I am curious on what basis you've decided to buy a million of this coin?

In my case, I think I wouldn't be buying much meme coins. Secondly, I think I would not be investing in a coin that, instead of innovating or presenting a new and original idea, just copied a popular one and just added NEXT to it.

Not only did this project fail in giving reason why it is a good project, it also failed even in originality.

Since you can afford to lose that 2 MATIC, you will not be affected whenever you lose your money investing into that memecoin or shitcoin.
On the other hand, there are some newbie users here who might get attracted with the thread that you created and they might invest into this shitcoin.

I've seen numerous memecoins that has been created when the memecoin hype started last year I think and this is the one thing that I always see with them:
How is this possible? You mean 5% burn every transfer until there are no more coins remained because they are burned already? Overall, this is another scam memecoin and 2 MATIC isn't that much of a coin that you invested into that shitcoin so you'll be ok if you lose all of it. Just don't expect too much :).

No, I don't think the token has any potential, because so far it hasn't performed well in the market.
Maybe you made the wrong decision because you bought this meme token, buying meme tokens can only hope for luck. But you are right because you bought it with little money.

In the developers side, yeah, it could be successful for them.

But how about the investors though? we all know how meme coins is, pure pump and dump scheme and if you are new to this whole crypto investments and you just believed the hype, then you could be one of those victims from this group.

So it's better to just style away from it if you don't know what you are doing. And you just have to look at what the others have said, so OP I would advise to follow what we are telling you.

If you have to create a new meme coin why must you use the shiba name? This is a big mistake because many will look at the name and just move on, they will think it's another copy cat.

I don't think there is a coin meme so far that has good potential for us to make as a long-term investment because almost all of them are launched just based on hype, so it's no wonder we've seen a lot of coin memes that have no price on the market after they were launched, my suggestion you should invest your funds in projects that have been proven to provide good returns in the future such as ETH and BNB coins so as not to suffer losses.

Almost every day there are at least 3 new meme koins listed on Coinmarketcap, of course it makes us confused but I will select carefully before investing in meme koins, this is because many coins memes that I bought were originally seen convincing but it turned out or when I wanted to For sale they apply high slippage up to 40%.

I think it's difficult for meme coins to become one of the potential coins, especially when the market is very volatile, this will have an impact on meme coins when the price dumps.

I think this is just a meme coin that wants to seek personal gain and wants to trap investors, and you too quickly made the decision to invest in the meme of the coin, in fact there are many other coin memes that we can rely on for now and you just have to choose which one is more convincing, open a new coin meme because it is very prone to fraud.

New meme coin in a bear market is a bad idea, also I can bet with you that in the next bull market all these so called meme coins won't be the most hype projects around, something new will take over, this always happens every market cycle.

don't believe meme coin in 2022, this is different from last year where the meme coin hype was amazing,
and creating a new project meme coin can pump up to 2x or even 10x, but we are in 2022,
where the bear market will not allow memecoin to fly like a years ago,

Most of us took a good profit during the hype of meme coins but I don't think putting our false hopes on new meme coins these days would be a good idea. We all know the risk of investing with meme coins and to be honest, they really don't have a good potential, they're just being hyped because of huge personalities' influence but they don't have any specific purpose so I don't think new meme coins that exist will still be as profitable as Shiba and Doge.

Even if it was not in the bearish market was a bad idea, meme token was very identically with scam token. People known that as a scam token and mostly only scammers who are always actively creating shit scam meme token from scalable second layer blockchain like BSC or something else.
The new trend needs to time to be developed and happened since the old trend will not fully dead but only a few that can survive.

We have countless numbers of fraudulent projects in the space and they manipulate scammed token into the space for traders and investors to lose money. All credits to memecoin which have it's value and have helped many investors and traders in the past years. Memecoins have it's special purpose in the market, and traders do gets enough profits from them because they make double or 5x of their capital from memecoin. Concerning the new trend, it's all matter of time for it to explore while the old ones will still find out way to fit in since not all are entirely waste.

You're right. I think that every time has its own hype, like last year's meme hype, every memecoin has experienced a tremendous increase marked by the increase in the price of Dogecoin (DOGE), followed by Shiba Inu (SHIB) and various other meme coins. We're currently in the hype of Metaverse, Web 3.0 and M2E (Move-to-Earn), so make sure if you make an investment you're doing it in the right tokens.

I didn't know how much NEXTSHIB was when you bought it. Because now the 1M next ship in its price is currently around 1.6$, besides that in our time it is very difficult to trust the meme coin if you are an investor here. It wouldn't matter if it was like Dogecoin and Shiba Inu promoted by Elon Musk, whom we know all over the world is a popular social media influencer. But if it is not promoted by a popular influencer like Elon Musk, do you think its price value will kick in the market?

So I think this NEXTSHIB for me is still a bit risky. Actually, when I looked at its website platform I didn't even see who the team members of this coin are, so the claim of this coin is to hype the community investors, it's a bit risky from what I see.

you said something right mate.
meme coins will only be able to pump because of the hype last year and all that when doge went up 1000x.
maybe all meme coins want to be like doge coins that can pump up to 1000x and the owner of the meme coin wants to get rich quickly and imitate everything that doge coins have done by diverting fake news tweets from elon etc.
for me, 2022 is no longer the place for meme coins. there are still some decent and better coins to invest our money for long term

The meme coins hype that occurred in 2021 was because Elon Musk was promoting Dogecoin, finally Dogecoin was able to pump very high.
But the rise of Dogecoin did not last long, many investors who bought Dogecoin at the peak price suffered losses,  that's because until now Dogecoin
has not recovered. After the Dogecoin hype took place, it was Shiba Inu's turn to suddenly pump in 2021. After the two meme coins were pumped,
finally made a lot of new meme coins appear, which is only used to carry out a pump and dump scheme by its creator. Entering 2022, there will be
a bear market, finally make meme coins fall in price, because many investors are getting smarter in deciding to invest in projects that are proven
to be safe and profitable. So when there is a bear market like now, it is very risky if we invest in meme coins. As you said it is better to invest in
projects that are proven to be good for long term investment, such as Bitcoin and Ethereum. Because in a bear market situation we have to
be wiser in spending money on investment, if we force investment in meme coins, don't be sorry if we will lose money. Moreover investing
in new meme coins should be avoided, because new meme coins are more at risk of being scams.

You are too excited for this meme/shitcoin, so you are sure to take part in the investment, I believe it is just a fake coin which is not necessarily as you say, personally I will not take part in it, because there are still many coins that can be maximized for earn profit, think realistic in investing is much more profitable than taking risk, you can put money in the right/potential coins

Coin memes are indeed the fastest number of coins, it can be said that 40% new listed coins are memes coins, of course this is an excessive thing, especially since most coins will pump a moment ago the developer will sell all while saying in the group telegram so that the community continues to buy and buy and When everything is difficult to control, they will go and create a new project.

this is just a suggestion!, don't believe in memecoin, especially with new projects that are categorized as memecoin,
stay away if you really love your capital, indeed if we see memecoin has very high profit gains, but that's only for lucky people.

Yes I myself would also think that investing in top coins like Bitcoin, Ethereum or BNB is much safer,
i much prefer to invest in top coins than meme coins which is a big risk,
but indeed everyone has their own decision depending on preferences

It is only Shiba Inu looks interesting but yes, as long it was a meme coin and build-in hypes - we must act cautiously knowing that meme coins are less potential even to nothing. It was been said that choosing the right projects/coins for investment will endure positive results but if you are investing shitcoins, never get surprised by your sad ends and regrets.
Since we have a choice, why do we have to choose them (meme coins) as we know that this never gives us a fortune?