Fredomago
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Leading Crypto Sports Betting & Casino Platform
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February 24, 2022, 04:06:54 AM |
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Shiba Inu is the meme coin with the largest community after Dogecoin, but it's very proud to have been in the top 10 in cryptocurrency. I think this year the Shiba Inu need the support of influential people like Elon Musk, or some other great person in order to grow and the community to get bigger.
Although many Influencers support Shiba Inu many people will take their profit because of the current bearish market, many people believe the crypto winter coming once again and in my opinion we need real support rather than people with a pump and dump mentality in trading. The strong its community the more people believe in the coin and it will gradually make the coin price valuable. It's better to find those assets that do have real supporters, project that have ongoing progress even the market is experiencing downfall, instead of trying to ride with pump and dump in which your risk is very high, if you can manifest to invest with good community who have bright perspectives inside the project that they are supporting. Those people are willing to take a long ride with you, believing that in anyhow downfall is just another opportunity to add more into their investment, once the bull comes back they will harvest decent enough to enjoy their profits.
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rozak
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★Bitvest.io★ Play Plinko or Invest!
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February 24, 2022, 04:40:04 AM |
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Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped
Community definitely takes an important role in the coin price, but I disagree if it "means everything." Big community means more buzz, more trading activity, more hodling, but it needs coordination. Once the infighting happens and people start to buy/sell without coordination, it will go back to its fundamental. Its utility. what happens is when there is a problem, it is the community that can destroy the price of the coin. Important communities are raised to build market trust. Investors who enter individually as well as institutionally must consider how big their community and market are growing. and community progress also provides help as to how much the market will attract new investors.
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Nazmul012
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#SWGT PRE-SALE IS LIVE
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February 24, 2022, 05:55:44 AM |
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Obviously Community means a lot, that can't be describe with some words. A good community could make a project succesful. they can make Fear, uncertainty & doubt (FUD) or they start hype and make meme coins fly like doge and shiba. They may go more ahead by community support but they are still meme coins cause still i don't see any proper reason to called them more than meme coins or potential altcoins
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Tellek Garing
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February 24, 2022, 06:17:21 AM |
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Shiba Inu is a quality meme token that is even promoted directly by binance, I think Shiba Inu is different from other meme tokens, maybe it is under Dogecoin or is in the second position of the best meme tokens. And of course that's also thanks to the support of the huge Shiba Inu community.
Most meme coin always relies on the support of large followers to make a significant break out in demands but when looked at closely Shiba inu, have no use case and solve no specific problem in the ecosystem. More importantly, its price can easily get pumped by hyping and at the same time get dumped when the hype ends because of lack of utility. I guess by now many investors will understand what that means.
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Frengki_cisco
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February 24, 2022, 06:57:09 AM |
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Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped
I saw Shiba slumped a bit compared to a few months ago, it seems that shiba is not popular anymore nowadays, many investors have lost recently investing in that meme coin, i think shiba will experience a decrease in trust from crypto users, no change in this year.
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BTC
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ringgo96
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February 24, 2022, 07:10:00 AM |
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As we can see today the community is very active in building every coin that exists and some of the coins they can currently upgrade to the highest level as you said shiba inu is a memekoin that we never predicted could grow last year, and for this year there are still many new surprises that will happen in the crypto world, so we must be ready to do research so that we can benefit from projects that are currently being developed.
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CryptoATM
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February 24, 2022, 09:17:15 AM |
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This is true because even if you have good utility available and the community isn't really into the project there will be problem, it's better for a project to have low grade use case and love of the community than a project with high grade project and less love from the community.
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VRExpress
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February 24, 2022, 09:37:34 AM |
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Community support is important like wise project use cases but I believe the most important part is the team, if they are expects in their field they will gain the trust of community, a weak project means the team are weak and they won't b able to win the community trust over.
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kojektea
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February 24, 2022, 09:39:12 AM |
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The community is indeed an important part of cryptocurrency, because with the existence of a hype community, it is fortunate that the meme trend has come to make Dogecoin, shiba inu, and several other meme tokens grow well and attract many people. However, the Shiba inu is more and the doge is more shining, I am sure that in the future the shiba inu will be back in the top 10 position on coinmarketcap.
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Gayong88
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February 24, 2022, 10:36:26 AM |
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In addition to the number of daily transactions which is one factor in the ups and downs of a coin/token price, there is another supporting factor, namely the large community of lovers of a coin/token, where the community gives you a million reasons to be excited about the future and grow.
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MadeMen
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February 24, 2022, 10:54:29 AM |
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I'm in agreement with the fact that the impact of the community on a project cannot be overemphasised. We can see it across several projects and not just Shiba inu. I do hope that project developers would know this truth and understand the value that the community members brings to the project and endeavor to treat them right.
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bamb
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February 24, 2022, 11:01:08 AM |
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Community means everything only when the community is based on transparent decentralized community projects. We have seen community where the dev have lied and swindled. Trust in community with no ownership and decentralized ideals, then you might be in a safe environment!
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LUCKMCFLY
Legendary
Online
Activity: 2408
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
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February 27, 2022, 02:06:56 AM |
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Yeah community has great effect on price of any coin. We already experienced with Shib,Safemoon,Akita and much more. Community want fast growing coin now which make his portfolio 2x in day. This is reason Very Strong coin like ADA,Dot did not 10x in short term while Memecoin without any use case did 100x
Yes, you are right, in fact one of the best communities that was in 2017 is that of a privacy project that was really very good, those who actively participated had income of $2k weekly, this was crazy, however now the communities they are very nomadic, suddenly they get excited about a project, then after a good pump occurs the community moves away and joins another project, I think this is what has happened to Shiba Inu, and many still believe that everything will be as before, they will recover but it is very difficult.
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pamsugas
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February 27, 2022, 03:18:21 AM |
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I agree with you community is everything because in my opinion bitcoin can become what it is today it cannot be separated from the role of the community because with a community a coin will be recognized by many people more quickly and in my opinion the community is the best promotion place.
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Maestro75
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February 27, 2022, 03:32:13 AM |
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Obviously Community means a lot, that can't be describe with some words. A good community could make a project succesful. they can make Fear, uncertainty & doubt (FUD) or they start hype and make meme coins fly like doge and shiba.
To drive a project up and cause FUD to cease is a major reason communities are formed for projects. It helps newcomers align with what projects are doing and at what stage, without that new people trying to buy into projects will become uncertain and back down with their money. This is the reason why projects with huge followers succeed more than those with small and uninterested followers.
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Vioslimo
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March 01, 2022, 04:17:06 AM |
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the community is an important factor in the development of the project whether it will be successful or not, support will be an influence and become the trust of the market and investors
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Victorik
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Tontogether | Save Smart & Win Big
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March 01, 2022, 04:53:27 AM |
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Even a very good project will flop without a strong community. Community is the back bone that drives any project to success. This is important, Shiba knew that and leverage on it, hence the success story.
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Blowon
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March 01, 2022, 06:05:13 AM |
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Community is one of the key factors that make a project succeed because once there is an acceptance of product or coin demand will always increase, one of the major means of marketing recently is networking, so seeing SHIBA like that, it's evidence of joint effort, which make it unstoppable.
It seems that SHIBA INU wants to expand the ecosystem in all blockchain chains. based on the information I got from coinmarketcap SHIBA INU is already in 4 different network chains. I'm still confused about the purpose of it, what I know is that SHIBA INU is a meme coin just like dogecoin. with the presence of SHIBA INU in various networks. will it also add a lot to their community? is this their way of marketing to the community?
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indo1
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March 01, 2022, 07:45:36 AM |
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Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped
Now almost all businesses consider community to be important. we are in cryptocurrency of course the community is the king of the project. Shiba INU managed to garner a lot of support from the community and made $SHIB in the top 10 of coinmarketcap. I'm sure there will be plenty of meme coins popping up seeking community support like Shiba Inu has. I am also very proud of Shiba INU.
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judeafante
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March 01, 2022, 12:26:17 PM |
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Now almost all businesses consider community to be important. we are in cryptocurrency of course the community is the king of the project. Shiba INU managed to garner a lot of support from the community and made $SHIB in the top 10 of coinmarketcap. I'm sure there will be plenty of meme coins popping up seeking community support like Shiba Inu has. I am also very proud of Shiba INU.
Bu the community cannot keep up supporting project if it's not offering something to the community, everything goes down to usability and platform without these two and investors just rely on hype and whales manipulation, it cannot maintain their position in the market, the community is there to support the development of the project not only the hype it will create, I stopped investing on up and coming meme coins, that do not contribute anything.
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