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Author Topic: SHIBA Fever  (Read 323 times)
masterrex
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December 25, 2021, 01:39:00 PM
 #21

IMO, that was truly a Shiba fever, base on that list its too many Shiba copycats in the crypto market, anyway, the name Shiba has gone so far already it's more than hype because it was adopted by million holders so it's not a joke anymore because the meme coin is one of the best performing cryptocurrencies in 2021 correct me if im wrong. Shiba Inu will compete directly with Dogecoin and let us see who's the best.
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December 25, 2021, 02:14:16 PM
 #22

Other than very few, none has got good volume. Just with a dog 🐶 why is this hype.
As long as there are at least one dump investor keeps on looking for random shitcoins for their investments, I am sure about some scammy devs will keep on launching such craps for sure. When no one will be bothering about such kind of crappy things then such devs will get into some other works rather than disturbing this crypto space with their scam attempts.

This kind of coins will surely disturb the market in the long term for different reasons.
I do not think so; have seen thousands of such repeated/scammy projects for whatever reasons but this crypto space keeps growing on its own space. So, I am sure when more people will be aware of such B.S then the disturbances even in short term will be eliminated.

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December 25, 2021, 02:34:28 PM
 #23

IMO, that was truly a Shiba fever, base on that list its too many Shiba copycats in the crypto market, anyway, the name Shiba has gone so far already it's more than hype because it was adopted by million holders so it's not a joke anymore because the meme coin is one of the best performing cryptocurrencies in 2021 correct me if im wrong. Shiba Inu will compete directly with Dogecoin and let us see who's the best.
People are going where the money is and developers are taking advantage of people who are looking for a meme coin to invest in, Shiba is in hype right now and because of this developers are creating imitation, Shiba is imitating Dogecoin and we have many projects now imitating Shiba, we'll see if the trend continues in 2022 or we'll have another trend.





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December 25, 2021, 03:05:27 PM
 #24

66 projects were named after SHIBA INU including two exchange ShibaSwap and Shibance.

Other than very few, none has got good volume. Just with a dog 🐶 why is this hype. Compared to the marketcap Shiba at present is constituting around 1.7% which is big from a memecoin. This kind of coins will surely disturb the market in the long term for different reasons.

This list of yours just proves again, that the crypto market is crazy and sometime i even think that we as the crypto space in general deserve that the traditional financial markets don't takes us seriously. All that meme-coin craze in the last few months showed the bad side of the crypto space again for me. People saw that Dogecoin was pumping because of the tweets of elon musk and then they started to copy that and made meme-coins themself. Shiba-inu was probably the most successful one of those copycats but all other second generation meme-coins are pretty dead already again and i am also sure that from your list only 1 or 2 will still be here in a year.
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December 25, 2021, 04:06:43 PM
 #25

Shibswap is a part of the Shiba Inu ecosystem. It's their native decentralized exchange. Not some random exchange that is using the name of Shiba. Only one or two of those Shiba coins will survive, while the rest will end up dying once the meme hype is over. Just look at the trade volume of the most of the coins you have mentioned. They have almost none. They aren't even listed on any exchange. They can only be traded on Dex. Most of them has no liquidity and others are easily manipulated by the developers. Avoid all those coins.

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December 25, 2021, 04:13:04 PM
 #26

If there is hype around any sphere, developers pick up this wave and try to create something similar. More often it is going to be a scam and people that are attracted by the similar name and have FOMO, start investing without doubting. Actually, it is a bad way of working, it is much better to do your own research and look for something new but not trendy so far.
Coins with almost the same name and just doing a similar concept to the ones that already exist are scams and very bad to choose from, and in this case I totally agree with what you are saying because of all the tokens that are served up, most of them are fake ones adopted the name Shiba, and that was just to attract everyone who didn't know it.
right i think the name of the existing project shiba branch is the parent one. indeed shiba the team has made a big profit and what they make from shiba coins, switching to turning money makes shiba meme coins more and more the founders of the coin are just the same, just like others like kisuinu they make many branches like the list above like shiba.? What I'm surprised about is that many people are still enthusiastic about saving the meme coin.?

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December 25, 2021, 04:39:35 PM
 #27

sorry I'm anti shiba. for me the whole of the project or platform that uses the name shiba is a scam. back to a few months ago when shiba bulls were high and the cause was Elon's tweet, this made me dislike and believe in shiba's future because the big price changes were influenced by Elon Musk.

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December 25, 2021, 05:15:48 PM
 #28

Only 1% of all meme coin lists make a profit, while the waste is either nowhere and just a hotbed of scams. There will be no guarantee whatsoever for investing in meme coin. Shiba fever since Elon Musk said "NONE" and the pumps were made continued by the Shiba team and fans. From there the scammers have a place to find food. Giving the lure as if everything will be fine. It is unfortunate that not a few investors or beginners who are new to the world of cryptocurrency are trapped in the valley of coin memes.

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December 25, 2021, 05:24:01 PM
 #29

It's so damn weird where people are actually investing and hyping up meme coins rather than those projects that really has use cases.
This is an obvious indication that a lot of people really wants to have an easier way to make money even If it has a very risky status.
As a result, other people also wants to take advantage of the fact that a lot of people are willing to put their money to a project that has no real use cases but just a hype and joke tokens.
If you just realized now then you have left some interesting info here Cheesy
But actually something like this is very reasonable because indeed they and influencers on behalf of the community always do this in the advertisements they run and indeed their goal or aim is fomo and beginners who start with hype, and I'm sure more and more people are there. there more than 50% of them are beginners and fomo who always take advantage of this for personal gain solely on behalf of a large and strong community even though all are looking for profit there

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December 25, 2021, 05:29:01 PM
 #30

Most of the Dev are engaged in using the name Shiba in their projects so that they can also get the benefit of Shiba. Right now most of the meme coins are named after Shiba and wanted to take the advantage of this name even many newbies are expecting the same from such meme coins but the fact is just the opposite and one should avoid following such projects blindly or others opinions. One must do proper research before joining such meme coins projects So I would say SHIBA name fever is very high. These meme projects just want to capitalize the name of Shiba for their projects.

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December 25, 2021, 07:48:47 PM
 #31

This list of yours just proves again, that the crypto market is crazy and sometime i even think that we as the crypto space in general deserve that the traditional financial markets don't takes us seriously. All that meme-coin craze in the last few months showed the bad side of the crypto space again for me. People saw that Dogecoin was pumping because of the tweets of elon musk and then they started to copy that and made meme-coins themself. Shiba-inu was probably the most successful one of those copycats but all other second generation meme-coins are pretty dead already again and i am also sure that from your list only 1 or 2 will still be here in a year.
I both agree with you and disagree at the same time. I agree that traditional markets could mock us for investing into shitty memecoins and they are right about that, but the fact that we are free and they are ruled by the elite, I would say that I rather invest into a shiba copycat useless shitcoin then investing into something in fiat that they control. Not that my investment will make me richer, there is a good chance most of those shitcoins will go to very low prices and make the investors lose money whereas those stocks will go up and make the wall street guys richer.

However, the idea of being controlled by a centralized place versus being free on a decentralized world is very clearly the reason why I am here. It is not about how silly an investment is, it is about how free we are to do whatever we want and rule it all equally instead of whales being able to change the rules. They can manipulate if they want to, they manipulate the stock market as well anyway, but they can't change the rules.
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December 25, 2021, 07:59:48 PM
 #32

Damn, so they really saturated the market place with this nonsense meme coins?

And now they have an exchange to really back it up? Lol, This is really terrible and shows the state of the crypto market right now, it's all hype and money grabbing ways for those who knows how to make money and victimized a lot of crypto noobs who think that they can make huge profits too with this Shiba hype.

Is this your first time to notice that Shiba Inu is very famous for newbie traders and FOMO boys? There's a lot of project that name after Shib the day it became famous and listed on Binance just like what happened to DOGE. Investors want to find something new so that they will have high chance to get the early profit. That's why a lot of new project sprouting daily that using a famous project to there project name so that it will looks like they are connected and for SEO purposes also.
When you do gain up sufficient experience you would really be aware on any of it.From hypes to trends which it is really normal that you would find out new projects that pops out just like mushrooms.

Whenever theres a new interest in the market then expect that it would really be something like this on where lots of similar names will surely be created that's why we should really be careful on this one because it would really be surely costing you money if you are careless with your decisions.

Its not bad on dragging yourself in hype but you should be wise on making out decisions.

R


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December 25, 2021, 08:52:29 PM
 #33

sorry I'm anti shiba. for me the whole of the project or platform that uses the name shiba is a scam. back to a few months ago when shiba bulls were high and the cause was Elon's tweet, this made me dislike and believe in shiba's future because the big price changes were influenced by Elon Musk.
I also don’t like SHIBA especially those meme tokens named after SHIBA because for me they are all scam and its not worth it to try not until I make money with the real SHIB during that last pump but still it doesn’t mean i like it that much its just that, I join that hype and was able to make profit. I think we should all be mode careful dealing with the meme token since not all is legit, and its really risky to invest on any meme tokens.
This is a choice, because like it or not it doesn't mean we can't be there.
I personally I don't like this coin but I was in it only for my own personal gain some time ago, and it's proven because my assets increased several times there.
it all depends on the momentum and how clever we are in taking action.
regardless of scam or not all back to their respective perspectives

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December 25, 2021, 08:52:47 PM
 #34

Since Shiba Inu was introduced in the market, it gained a huge investors especially when there was Elon's tweet just few months back. Meme coins have been piled up. I have invested in Shiba Inu. I am sure meme coins will certainly yield profits. I have been following Doge since 2017 and yes I am sure Shiba Inu will be the other meme coin receiving more investors into it and we can observe the trading volume increase as well. Atleaset out of all these Shiba coins, few Shiba coins will slowly grow.

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ROLLBIT > Crypto's Most Rewarding Casino


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December 25, 2021, 09:26:42 PM
 #35

Wow, that's kind of a funny list, I am surprised that in fact, there is so many SHIB coin name on the lists.
And those are hype coins only.
As other members say, there are so many people who have very high profits from these coins. But we also can acknowledge that there are also so many people who are losing money because of those hype coins.
All we know is that hype coins, coin fever is very dangerous moreover for newbies or for everyone who never trades this kind of coin.
Moreover, most of them are only following the hype promotions, feeling FOMO when they are not included, they are also traped on the blunder of dropped price again and again, but they are still trapped on the promotion to Hold.

I personally never have those coins, only ever trading Shiba Inu itself. But for a short moment only.

R


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December 25, 2021, 10:14:48 PM
 #36

It's getting a bit out of hand now.

But oh well, this is the cost of having fast, cheap transactions and token creation capacities at the disposal of retail investors. And if anyone is actually stupid enough to be pouring money into these things, they probably deserve their fate anyway.

None of these projects have any intrinsic value, hopefully people understand that.

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★Bitvest.io★ Play Plinko or Invest!


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December 25, 2021, 11:09:45 PM
 #37

The market has been flooded with SHIB fake projects and I hope people could find the right one, and not fall into this group of clone projects.
I can't really imagine seeing these numbers, 66? It is probably there are more to come in a few days from now. What I think is that we need to have some regulations to combat this kind of activities, were not making them fully stop but at least we are trying to minimize them and not to ruin the image of the market as this could lead to that particular once tolerated.



.
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Rainbot
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December 25, 2021, 11:18:17 PM
 #38

The market has been flooded with SHIB fake projects and I hope people could find the right one, and not fall into this group of clone projects.
I can't really imagine seeing these numbers, 66? It is probably there are more to come in a few days from now. What I think is that we need to have some regulations to combat this kind of activities, were not making them fully stop but at least we are trying to minimize them and not to ruin the image of the market as this could lead to that particular once tolerated.

As long as there are people that will not use their common sense and obvious thinking, there are always be people that will fall on that kind of scheme. Can't imagine that with simply putting the name of SHIB, others will think that it's a legit project and will skip doing DYOR to verify anything.

I'm not a bad person but I think sometimes it's good to see people falling on that trap. Without the worst experience, they will not learn their lesson. Others are even willing to pick a fight because of that argument.
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December 25, 2021, 11:31:52 PM
 #39

Crypto is 50% hype, 50% organic. The 50% hype is what is including that Shiba fever. Its the hype that drives the coin, with little or no use case or MVP. Sadly that is what is driving most shitcoins/meme coins and many other altcoins. We have to get real
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December 25, 2021, 11:33:02 PM
 #40

The market has been flooded with SHIB fake projects and I hope people could find the right one, and not fall into this group of clone projects.
I can't really imagine seeing these numbers, 66? It is probably there are more to come in a few days from now. What I think is that we need to have some regulations to combat this kind of activities, were not making them fully stop but at least we are trying to minimize them and not to ruin the image of the market as this could lead to that particular once tolerated.

Even their is many shiba,Shiba inu is the unique one.You can inverse your money.Because the project accepted by many investors.Specially the new traders.But i had 10 million of shiba in my wallet over  months.But the price pumped after the shiba inu was sold.It make some disappointed to me and I had lost the chance of winning.



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