Will Shiba INU tokens continue to rise?

[adzino]

If the community keeps on supporting the token, then yeah, it might rise. But I doubt it will drop back to its previous low anymore. A correction might take place, but it won't go as low as before. Look at doge. The price went as high as 0.7 USD, but a correction took place and is around 0.2 USD. Zoom out and you will see that few months ago, the coin was worth almost nothing. The price hasn't gone down to what it was like before because the doge community is huge. The same might happen with Shiba Inu. It might rise during a trend, but I doubt its going to crash back to where it was.

[2double0]

The rise and fall of Shib - I will soon be writing on this topic because Shib has got nothing but a wave of money came into it from a community that is interested in making money only. Now, the hype seems to be settled and coming down because the faster Shib went up, the fastest it will fall. I am not an investor because I don't like such coins that have no inbuilt utilities and solely depend on the volume of people, and I am happy with its fall tbh.

[Benefactor]

I think the best methodology is to contribute what you can stand to lose and figure out what to put resources into constantly. On the off chance that you have confidence in it, perhaps get it gradually and normal your entrance point. Insane measure of cash filling this coin and huge loads of shorts which should cover.

[magneto]

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.

Yeah.

People have become accustomed to using the term "utility" as some sort of buzzword.

SHIB does not have any utility whatsoever, so I don't know why people think that just because there are some organized initiatives by the SHIB foundation that all of a sudden it has intrinsic value.

[gamer4156]

I think the best methodology is to contribute what you can stand to lose and figure out what to put resources into ceaselessly. I figure it may of been the top. Its an extraordinary short region anyway you truly need to utilize stops since it can undoubtedly twofold or significantly increase in esteem. You will free large chunk of change immediately as your cash will be eaten by the whales.

[2double0]

That's what it gets if a coin depends fully on a hype, and when the hype is over, eventually its value will never be the same again. I had never invested in Shiba Inu too and even in other meme coins because i know how will their future look like. And considering how bitcoin price was affected with the present crash, so what else do you expect from a meme coin. They have no strong foundation so if ever serious price correction will appear in the market, meme coins will break and fall easily. Too far from those stable coins because they can easily recover after every price correction.

I hated Shib because Elon Musk used its name and it pumped this high. Friends of my community also invested in it and made lots of money, and they scolded me why I didn't go for this. Few friends invested $1000 each and one of my rich friends threw $10k on this meme coin, and became a millionaire with his holdings (yeah, he was already rich), so they asked me what did I earn till now if I could not invest in good coins? I said, "You call Shib good? I don't even call it Shib but shit." I am wondering about those who bought the top, how are they feeling now!

[freedomgo]

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.

Yeah.

People have become accustomed to using the term "utility" as some sort of buzzword.

SHIB does not have any utility whatsoever, so I don't know why people think that just because there are some organized initiatives by the SHIB foundation that all of a sudden it has intrinsic value.

They are just blind with the hype that made SHIB more profitable and irresistible from the eyes of its supporters. Soon, they will realize that investing in any meme coin will not bring any good in the long run. It's like wasting their own money in an investment which has no bright future. If they think that SHIB will also compete with those solid cryptos, i guess they're wrong. Better invest in bitcoin and in some major altcoins, atleast they will create good value in the future.

[ZAINmalik75]

I think shib is awesome meme coin little bit just like doge we can expect that shin can perform again but due to squid game meme coin scam most of the people remove thier balance from all meme coins just like shib etc because they are afraid and they are not surely believe on meme but I think after some time when shib perform little bit all of them will start to invest in them

[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.

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.

The risk of maintaining a token like Shiba Inu is indeed very high, especially if it is held for a long time. I need to reiterate that in setting targets, you must be realistic from the purchase price, especially for a kind of Shiba Inu token. We can imagine what would happen to the Shiba Inu token if a coin the size of ETH and BNB could drop in price.

[TH24EVER]

Hello, I have been following Shiba INU tokens from the start, like many of us, and still not sure what to expect.

But I still think it will rise .

[Woodie]

Shiba INU has done better than i thought, especially that it was taking on a dogecoin the king of meme coins that is also backed  by Elon Musk who has great influence on the happenings of cryptocurrencies in general. But to be honest am still not convinced that it will keep raising or doing fine because I see this being a cow being fattened waiting to go for sell on the market ! For now proceed with caution as this coin keeps registering all these gains  because when the whales start selling, herd mentality will kick in and everyone will sell

[GoLdChieF]

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?
https://i.imgur.com/fPI9xV2.png

Never buy at peak and never ever buy memecoin ate peak!

[Xampeuu]

Hello, I have been following Shiba INU tokens from the start, like many of us, and still not sure what to expect.

But I still think it will rise .

It will rise again on the next hype but for now it must enter into a correction and its happening now, we can’t just know what’s the dip price but this can be an opportunity already to buy SHIB if you really trust this project. I’m planning to buy as well to take advantage of the down price, I’m just waiting for some confirmation before I buy. SHIB is still good despite of many hates, I just can’t afford to miss another opportunity so I’m taking risk now.

the hatred that happened to shiba because it dragged on for a long time crashed, so many people were frustrated. this is what contributes to panic selling to the holder, but for people who see an opportunity, from now on it is an opportunity to buy, and can be done in the short term to make a profit.

[globalpain]

Hello, I have been following Shiba INU tokens from the start, like many of us, and still not sure what to expect.

But I still think it will rise .

It will rise again on the next hype but for now it must enter into a correction and its happening now, we can’t just know what’s the dip price but this can be an opportunity already to buy SHIB if you really trust this project. I’m planning to buy as well to take advantage of the down price, I’m just waiting for some confirmation before I buy. SHIB is still good despite of many hates, I just can’t afford to miss another opportunity so I’m taking risk now.

the hatred that happened to shiba because it dragged on for a long time crashed, so many people were frustrated. this is what contributes to panic selling to the holder, but for people who see an opportunity, from now on it is an opportunity to buy, and can be done in the short term to make a profit.

Looking at the current condition of the shiba inu, it can be said that this is the right time to buy it, but on the other hand, I doubt whether it will go up or if the price will go down,
after all the shiba inu is a meme coin and we don't know what it will turn out to be

[Natalim]

Hello, I have been following Shiba INU tokens from the start, like many of us, and still not sure what to expect.

But I still think it will rise .

It will rise again on the next hype but for now it must enter into a correction and its happening now, we can’t just know what’s the dip price but this can be an opportunity already to buy SHIB if you really trust this project. I’m planning to buy as well to take advantage of the down price, I’m just waiting for some confirmation before I buy. SHIB is still good despite of many hates, I just can’t afford to miss another opportunity so I’m taking risk now.

the hatred that happened to shiba because it dragged on for a long time crashed, so many people were frustrated. this is what contributes to panic selling to the holder, but for people who see an opportunity, from now on it is an opportunity to buy, and can be done in the short term to make a profit.

Looking at the current condition of the shiba inu, it can be said that this is the right time to buy it, but on the other hand, I doubt whether it will go up or if the price will go down,
after all the shiba inu is a meme coin and we don't know what it will turn out to be

I have a different opinion though, buying is not good for now since Shiba Inu has already pumped, you think it's a meme coin or a joke coin, then you should not take it seriously, the hype is over and people have already profited from this coin, you know what's gonna happen next.

[bitterguy28]

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?

Here is the answer https://coinmarketcap.com/currencies/shiba-inu/ dropping now to $0.000041 and continue falling , this is not good for the late investors who bought when the price rose up to $0.000050 and up.

Hello, I have been following Shiba INU tokens from the start, like many of us, and still not sure what to expect.

But I still think it will rise .

It will rise again on the next hype but for now it must enter into a correction and its happening now, we can’t just know what’s the dip price but this can be an opportunity already to buy SHIB if you really trust this project. I’m planning to buy as well to take advantage of the down price, I’m just waiting for some confirmation before I buy. SHIB is still good despite of many hates, I just can’t afford to miss another opportunity so I’m taking risk now.

I'm not sure if this is applicable , but how sure we are if this will increase in the net hype? and this will not completely drop as this Meme coin is only being pushed up this year by Whales.

[Chato1977]

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?

https://coinmarketcap.com/currencies/shiba-inu/

Look at how Shiba inu dropping now , this means this memecoin is again falling back to the original level of value and cannot even stand how Doge stays higher to now.

Good Bye SHIB , 

[Sanitough]

https://coinmarketcap.com/currencies/shiba-inu/

Look at how Shiba inu dropping now , this means this memecoin is again falling back to the original level of value and cannot even stand how Doge stays higher to now.

Good Bye SHIB , 

It dropped because bitcoin dropped too.

Bitcoin failed to break $60k, and now it's trading at $54k and the trend is going down.
https://cointelegraph.com/news/bitcoin-hits-6-week-lows-in-hours-as-24-hour-crypto-liquidations-near-650m

Looks like correction is gonna happen, as opposite to our expectation that bitcoin will hit a new ATH by the end of the year, I'm afraid it might fall.

[super bako]

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?

https://coinmarketcap.com/currencies/shiba-inu/

Look at how Shiba inu dropping now , this means this memecoin is again falling back to the original level of value and cannot even stand how Doge stays higher to now.

Good Bye SHIB , 

In my opinion, of the many coin memes, only the cool looking Shiba Inu are still going strong today. but i am not a shiba holder. I just monitor?
many people insulted the siba coin but ended up with an inflated price making the insulting person regret it, the bitcoin trend down might be a normal thing to make all altcoins go down, what if bitcoin goes up again the shiba coin will be sharper in price. I think behind shiba there is a big whale

[darmin]

Many people are easily affected by hype. shiba coins are not necessarily good because this is the same as other meme coins. At least this coin is worth monitoring for investment in the long term. It could be the same story as the doge that was once underrated but could achieve the value it is today.