Will Shiba INU tokens continue to rise?

[peter0425]

https://coinmarketcap.com/currencies/shiba-inu/ Here is the standing of Shiba Inu now so lets see if this is qualified to increase continuously ?

I am afraid it will go that high again because the value now stabilized at .00005$ and still going down continuously .

If you want to invest in this coin then best to Know where your position and not just for total Gain.

[Reatim]

Strangely Shiba instead of growing like all altcoins, what he has done is enter an incredible correction, I do not know what may be happening, but according to cointelegráh it shows the following:

i think many are taking profit now as the correction is happening , now it is shiba inu is in the dumping movement while the market is increasing.

This suggests that traders are selling at higher levels. If bears sink the price below the 20-day EMA, the SHIB/USDT pair could drop to $0.000043. This is an important level to keep an eye on because if it breaks down, the correction may extend to $0.000040.

Source: https://cointelegraph.com/news/price-analysis-11-8-btc-eth-bnb-ada-sol-xrp-dot-shib-doge-avax

The truth would not advise entering Shiba, since the currency is seen with a zero tolerance of continuing to decline, however the btc remains at a good level, it is up to each person to decide what is convenient for them.

I am not the one who is investing for shiba inu . instead i choose other coin that safer to handle .

[Kadal Ijo]

Shiba inu a unique coin, when the top 10 ranks on coinmarketcap red, but the Shiba Inu continues to skyrocket until it can enter the top 9, but when the top 10 continues to skyrocket the Shiba inu turns red, maybe this is a long journey for Shiba inu to be able to convince investors so that it can hold for the long term.

[Google+]

interesting topic.
actually I am worried to talk about shiba inu now because it makes people want to buy at this current price.
last time i saw shiba inu beat dogecoin marketcap at its peak so i am really curious right now.
the big question is why and how

The size of the Shiba Inu is because there are several large investors who want to buy it simultaneously so that the market cap growth is very high which can beat Dogecoin in the top 10 at that time, but for now it has started to reverse where Dogecoin is already ranked 9 and the Shiba Inu were again knocked out of the top 10.

[giammangiato]

snipped...

anything could happen but in my opinion with a high trading volume it is very possible the price will continue to increase, today the price has reached 1 IDR and has lasted a few days after the price increase so it is very possible the price will continue to increase, I hope so because I bet big on this coin to be able to repeat success like the Doge coin, I strongly believe it will.

A meme coin like Shiba Inu has its own potentials to attract its supporters and as its community continue to grow, its price will also be increasing in value. But if you aim that it could be better with dogecoin, don't expect too much. Yes, it really has chances to outperform dogecoin in the long run but just like how dogecoin falls its value when the hype is over, it will also be possible for Shiba Inu. Knowing their both meme coins, their future might also end up in the same way. Although not really sure, but to make it less risk, you can invest in Shiba Inu with the amount you can afford to lose.

Probably most of us got surprised when this Shiba Inu project have that impressive pump after Dogecoin lost its value and hype. Yes, we might think of the same ending story for they are both meme coins but I think that this project looks different. They've got in huge hypes without any person influencing it like what shilling has done with Doge. And you are right, invest the amount that you can afford to lose but I don't think that was a smart idea at this time when the price is already on the highest level as it can be done and make us lose.

Shiba did not have an influence like many other cryptocurrencies, I really believe that in the next months or years it will increase in value, I think it is really worth "trying" an investment in shiba, the risk in the crypto world is very high, it applies to all meme coins

[aylabadia05]

The live SHIBA INU price today is $0.000079 USD with a 24-hour trading volume of $37,333,226,707 USD. Then many people flocked to buy shiba inu when the price is now close to 1 IDR.

If I now buy with a capital of 1000 USD, is the future still a profit or loss if in Hold?
~

If it is profitable or not, I think you will benefit with the Shiba Inu you have purchased. Only sooner or later that profit you will get depending on what price you sell again. If the price you sell is high, then your SHIB tokens are also slow to sell. What I'm worried about is that the potency of the Shiba Inu will not increase too high if it is held for a long time.

[JeWay]

Shiba inu a unique coin, when the top 10 ranks on coinmarketcap red, but the Shiba Inu continues to skyrocket until it can enter the top 9, but when the top 10 continues to skyrocket the Shiba inu turns red, maybe this is a long journey for Shiba inu to be able to convince investors so that it can hold for the long term.

Is there no other conclusion besides what you said, because when the others are green and pumping and the Shiba Inu continues to fall, that means the investors in it are no longer holding Shiba Inu in very large numbers so they prefer to bring their money to coins that are another at the time.

[magneto]

In the long run, SHIB is going to go to zero.

There is no doubt about that. There is virtually no utility for the token, no infrastructure etc. Community engagement admittedly is fantastic but that in itself shouldn't give any coin a valuation within the realms of Top 10 cryptos.

But you shouldn't short it either, especially not with leverage. Markets will stay irrational longer than you can stay solvent.

I'd just sit it out honestly. You've missed the easy money in this pump, just let it go.

I seriously doubt that it dies, even in next bear run it will get just more bagholders shilling it even more aggressively. In the altcoin bullrun a product doesn't need an use case, it needs hype, community and the attention of idiots. Even if we think that projects need to solve something to be valued, majority if people are idiots and they will invest too. Shit projects will always ride alongside of good projects.

I mean hell, most of these people still think that one single coin/token price matters. They don't know what marketcap is for, nor do they care. Saddest truth is that we need to understand these people to understand market movements.

No.

And what is ridiculous is that this has been getting more media coverage than bitcoin recently.

SHIB has no long term future, nor does Dogecoin, no matter how you look at it. They don't have utility and the value right now is purely derived from the hype element which will likely fade away as the bull market comes to an end.

[bahagia93]

If it is profitable or not, I think you will benefit with the Shiba Inu you have purchased. Only sooner or later that profit you will get depending on what price you sell again. If the price you sell is high, then your SHIB tokens are also slow to sell. What I'm worried about is that the potency of the Shiba Inu will not increase too high if it is held for a long time.

It's clear and everyone can see at this point where when BTC starts to fall by around 3%, then others will also drop in price by 8% to 10% like the Shiba Inu, so why bother fighting for Shiba Inu or holding it until existing profits can be lost again.

[Hamphser]

No.

And what is ridiculous is that this has been getting more media coverage than bitcoin recently.

SHIB has no long term future, nor does Dogecoin, no matter how you look at it. They don't have utility and the value right now is purely derived from the hype element which will likely fade away as the bull market comes to an end.

Some people is aware of the hype circling around it but its not really bad to take advantage on such condition because you could really actually make profits if you do know on how to ride with the waves and not totally opposing it but you should really be careful.

When it comes to real use case or utility then its true that i dont really see something revolutionary which you could really say
that this is driven only with hype.

So better to be wary on each actions you do make.

[TimeTeller]

No.

And what is ridiculous is that this has been getting more media coverage than bitcoin recently.

SHIB has no long term future, nor does Dogecoin, no matter how you look at it. They don't have utility and the value right now is purely derived from the hype element which will likely fade away as the bull market comes to an end.

Some people is aware of the hype circling around it but its not really bad to take advantage on such condition because you could really actually make profits if you do know on how to ride with the waves and not totally opposing it but you should really be careful.

When it comes to real use case or utility then its true that i dont really see something revolutionary which you could really say
that this is driven only with hype.

So better to be wary on each actions you do make.

If you are lucky how to get in and out, you can really make good profits out of it.
But if you say, you will hold it for long term, I don't think that's a very good idea.
With no solid use case, I don't think this can survive long term.
If you will get involved with this token, better sell out while you are in positive profit.

[smartaction]

The live SHIBA INU price today is $0.000079 USD with a 24-hour trading volume of $37,333,226,707 USD. Then many people flocked to buy shiba inu when the price is now close to 1 IDR.

If I now buy with a capital of 1000 USD, is the future still a profit or loss if in Hold?

Shiba Inu token still riseing. But market conditions is now so bad. It may not be able to hold its price for long. Its price may go below 0.0000 again. it is better to invest a cheap amount on Shiba inu token.  

[otreza]

Many have melting hopes for rapid growth and enrichment. But it could still be ahead, this mockery of the market could shoot out at any moment as the manipulator desires.

[tokeweed]

Strangely Shiba instead of growing like all altcoins, what he has done is enter an incredible correction, I do not know what may be happening, but according to cointelegráh it shows the following:

This suggests that traders are selling at higher levels. If bears sink the price below the 20-day EMA, the SHIB/USDT pair could drop to $0.000043. This is an important level to keep an eye on because if it breaks down, the correction may extend to $0.000040.

Source: https://cointelegraph.com/news/price-analysis-11-8-btc-eth-bnb-ada-sol-xrp-dot-shib-doge-avax

The truth would not advise entering Shiba, since the currency is seen with a zero tolerance of continuing to decline, however the btc remains at a good level, it is up to each person to decide what is convenient for them.

SHIB is def done for now imho.  There are lots of other better set ups for alts to trade.  All the smaller Doge copy cats are being pumped after SHIB but not as strong...  I think the next big move up will be DOGE.  Be on the look out for that.  But it needs lots of patience.  It’s been going sideways for a reeeally long time.

[riskarcher]

Never buy a coin while it's ATH, because when you dump you will feel the loss. safe investment is the best option in crypto market especially for Shiba inu token meme which doesn't have good fundamentals in the short term the increase in value is quite impressive but for some logical reason this token can't for long term

[aylabadia05]

If it is profitable or not, I think you will benefit with the Shiba Inu you have purchased. Only sooner or later that profit you will get depending on what price you sell again. If the price you sell is high, then your SHIB tokens are also slow to sell. What I'm worried about is that the potency of the Shiba Inu will not increase too high if it is held for a long time.

It's clear and everyone can see at this point where when BTC starts to fall by around 3%, then others will also drop in price by 8% to 10% like the Shiba Inu, so why bother fighting for Shiba Inu or holding it until existing profits can be lost again.

Don't be like that, even though all coins have the impact of Bitcoin when the price goes up or down. Who knows Shiba Inu will be profitable as long as the target is not set too high. At least the percent target that will be installed is around 3% of the purchase price.

[JeWay]

Don't be like that, even though all coins have the impact of Bitcoin when the price goes up or down. Who knows Shiba Inu will be profitable as long as the target is not set too high. At least the percent target that will be installed is around 3% of the purchase price.

In general, the 3% target for profit is still very logical and worth considering, but you also need to look at the condition of the Shiba Inu in a correction time like now, because the almost 9% price drop on a meme coin is a very big thing and very risky, unless you know the lowest price point for the coin so you can make a bold decision to buy it.

[aylabadia05]

Don't be like that, even though all coins have the impact of Bitcoin when the price goes up or down. Who knows Shiba Inu will be profitable as long as the target is not set too high. At least the percent target that will be installed is around 3% of the purchase price.

In general, the 3% target for profit is still very logical and worth considering, but you also need to look at the condition of the Shiba Inu in a correction time like now, because the almost 9% price drop on a meme coin is a very big thing and very risky, unless you know the lowest price point for the coin so you can make a bold decision to buy it.

In times of market correction like today, almost all coins experience a decline and there is not a single coin that does not follow the decline, especially Bitcoin.
3% of the purchase price is still very suitable to be ordered or 3% of the profit from the purchase price is very suitable if it is made a target hold. Because tokens like Shiba Inu don't have to hold on for very long. If the target has been achieved, just let go.

[izsara]

If it is profitable or not, I think you will benefit with the Shiba Inu you have purchased. Only sooner or later that profit you will get depending on what price you sell again. If the price you sell is high, then your SHIB tokens are also slow to sell. What I'm worried about is that the potency of the Shiba Inu will not increase too high if it is held for a long time.

It's clear and everyone can see at this point where when BTC starts to fall by around 3%, then others will also drop in price by 8% to 10% like the Shiba Inu, so why bother fighting for Shiba Inu or holding it until existing profits can be lost again.

Don't be like that, even though all coins have the impact of Bitcoin when the price goes up or down. Who knows Shiba Inu will be profitable as long as the target is not set too high. At least the percent target that will be installed is around 3% of the purchase price.

still the risk is quite high because even if you speak like that, shiba is also now experiencing a correction which is quite large.
but on the other hand I feel the consistency of the holders of this coin is quite good even though I don't have it I still always monitor the movement of this coin.
it would be an exaggeration to say that shiba could be meaningful but for now they are still at a comfortable stage.

[Mkmanik]

Personally, I dont like to buy meme coins. But as gambling, I will buy a few million Shib for the long term. Today's market is red, I think there will be more dumps. Today Bitcoin dumps 6% and altcoins follow Bitcoin dump. Placed a few buy orders for Shiba Inu. Will hold those coins for 3-4 years. Who is knows, What will happen after 3-4 yares?
As pure gambling, I will hold those coins for the long run. If they hit $0, I have no complaints or regret.