What is the fate of SHIBA Inu, is this the end of the Road?

[Greatest2020]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

[oemar bakrie]

it's called a market game and also there are many better and potential competitor tokens..
because of that starting to look at new tokens to find and get very many benefits.

[Ulven]

I am not an expert in technical analysis, but apparently the hype about the future of this currency has ended and the community has begun to realize how dangerous it is to join projects that do not carry any specifications that make the project ideal and useful for the prosperity of crypto. So I think it is better to research the classic currencies and do the calculations before investing!!!

[Jackl87]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

I don't know a technical analyst is needed to evaluate the price of a meme-coin  . In the end it's a token that has no use-case and offers no functionality for it's users the only reason why it exists is because the project founders wanted to get rich with minimum effort and i have to admit they really achieved that and they even made a lot of their early investors pretty rich. In the end though that whole meme-coin stuff is or was just a temporary hype and you can not expect that it will go on like that for ever because in the end people are pumping money into something completely useless. I still think though that Shiba Inu is one of only a handful of meme-coins that will still be around in a few years.

[Teknisi88]

Even so, when the price of Shiba Inu sagged, the number of Shib accounts recently reached an unprecedented level, repeating the hustle and bustle of retail buyers that occurred before the price falling in May.

[kidbounty]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

What do you expect. This was predicted long ago. so I wouldn't be surprised if Shiba went through this. so be prepared, because the hype of this coin seems to have faded. and I doubt if Technical analysis can help and provide an answer to the situation experienced with the shiba inu. because coin memes will eventually become coin memes.

[super bako]

Even so, when the price of Shiba Inu sagged, the number of Shib accounts recently reached an unprecedented level, repeating the hustle and bustle of retail buyers that occurred before the price falling in May.

maybe in terms of bitcoin prices dropping from a few days making shiba inu follow the flow of bitcoin, the risk of coin meme traders must be mentally strong, most meme coins go up and down very quickly. winning people get the most out of coin memes they buy first and then they do fomo so people buy up to make coins go up. fill the main holder..?

[ryzaadit]

Here we go, crypto newbie is here.

What do you expect? a coin with only green all candle, do you thinks is a scam token while people only can be bought but can't sell so the chart is green because no one is can be sell ~LOL one aspect you should know, why you buy the token? If you don't know the reason then you are not suitable for investment. You should always have the reason why you buy or sell.

[livingfree]

There's actually no need for any technical analysis for these two.

They're known as the two most popular meme coins in the market and whatever happens to them, they're just relying to the market itself. So if they go downtrend, then they'll surely follow the market leaders.

We don't know yet the fate of shiba inu, you track its daily chart do you? then I think it's not yet going there from the negative you're thinking.

[Silberman]

I am not an expert in technical analysis, but apparently the hype about the future of this currency has ended and the community has begun to realize how dangerous it is to join projects that do not carry any specifications that make the project ideal and useful for the prosperity of crypto. So I think it is better to research the classic currencies and do the calculations before investing!!!

While I would like for your explanation to be true, I do not think this is what is happening, people have simply realized the price of those coins is too high and it is time to get out of them before they crash, but I find interesting is that it is precisely that attitude what it is going to cause those coins to crash, however what will be the next movement of all of those people that get out of those coins? And I think the most likely option is that they will try to look for another similar coin and try to get profits that way instead of choosing the safest path and invest their money in bitcoin and ethereum as they should do.

[adzino]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

It got pumped and the price went up too fast. Now the correction phase is taking place. You should have already expected it. Do you see anything new that this token offers that no other coin/token does? Nope, I don't. The same thing happened to doge coin. The price went up till $0.7 and then it crashed because the hype was over. People FOMO in meme coins. The price of Shiba won't go very low though because it already has a huge community support.

[Google+]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Shiba Inu is very easy to beat by Dogecoin and other coins, you can see the evidence for yourself in coinmarketcap where Dogecoin still survives in the top 10 after competing with Avax, while Shiba Inu was thrown into the top 13 because of the decline that continues to happen to him.

[Al Qiyamah]

Even though there are technical analysts who are able to answer all of this, they still cannot change the current SHIB price which is falling. This is the crypto market, not always stable and profitable. you have to be ready for this, because you should have thought of this from the start you chose the meme token. I think the popularity of SHIB is starting to fade now, but we also can't predict what the future will be like.

[Dannaey]

It is normal that the price goes down. Just like Bitcoin. No coin that goes up always. Prices go up and down. We cannot compare Technical Analysis to Fundamental Analysis. I think Shib is undergoing a correction and we know when the price reached the bottom, the price will only go in one direction, which is up. I believe if Shib will have no use case in the future, I think this coin will just remain for a pump and dump scenario, not for a long-term hold.

[Bitcoin Seller]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

I don't apply Technical Analysis to meme coins. They are supported just by hype that can't be predicted by technical indicators or patterns. As Bitcoin is falling, almost all altcoins follow its trend, what is more, meme coins, especially shiba was too overheated, so it must be a correction then. Hype can't last forever, so as there are no more reason for these coins to grow, they will fall.

[MadeMen]

The market has a characteristics of volatility and that's one of the warnings we should received even before joining the industry. Shiba inu has had its fair share of the pump and its only normal for there to be some market conditions which may only be for a while. I'm still positive about the meme coin and hope we have a good pump again.

[DapanasFruit]

Cryptocurrency is generally so volatile and this is quite so true with meme coins which are considered to be lacking in use-cases and can be there to make money for its proponents and supporters - in other words they are tools for pump and dumps mechanism. this is true with Dogecoin the father of all meme coins...the coin can have some good pumps if Elon Musk is tweeting something that can be favorable into it and can go down when there is nothing exciting things or developments related into it. For now, there is nothing to get excited with SHIB but then who knows weeks from now we can see it rising again...when people will realize in droves that they should be buying the said coin again. in other words, things are so dependent with the flavor of the marketplace but then come to think of it this can be true to some extent with non meme coins too. Congratulations to those who made money big time with SHIB and who understand that nothing will continue to be going up...somewhere it will stop its ascent and make some downward trajectory.

[harizen]

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

No need for technical analysis. There should be no reason to look at what happened to SHIB within 4D monitoring. Not all the time it's an uptrend. That's how volatile crypto is and you have to live with that. If you are regularly trading the coins, you will be used to it soon.

Remember that until you didn't sell your coins to minimize your actual loss, you are still on paper loss.

[cliber]

Shiba Inu is not a coin, but a token. Currently, among tokens, we can say that Shiba Inu is the most talked about after the price spike that occurred some time ago and some even say Shiba Inu is the same as Dogecoin. For me, the fate of the Shiba Inu will be fine.

[Strongkored]

I just added a few dollars on the shiba inu and because it's only a small amount so the drop in the price is not very significant affect on my assets, this is normal when coin has pumped the price will drop even to 50%, as long shiba still have high volume trading on major exchange I'm not to worry because I'm more to long term.

[yazher]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

If they find out what is the main cause of the downtrend and will find some solution to fix it with their new updates, then the price will recover just like the other cryptocurrencies which already faced the same case in the past. XRP has been like this when they were investigated by the SEC and their price has continued to decrease every day as if they don't gonna recover at all but look at them now, they just doing fine and their project still kicking. The only thing they need right now is constant updates for their investors.

[michellee]

If you have Shiba, you can hold for more as this token is one of the pumps and dump tokens that happen at the market so I do not think the technical or fundamental analysis will work for this token. This token will increase when the news is released, making people tend to buy this token and try to make a profit. So I guess you should follow that trend and do not have a big expectation to make a big profit from that token, especially if there is no good news for Shiba.

[MIner1448]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

To be honest, I think there are still growth prospects for this coin, at first I took this coin on its hype in social networks, because it's still a meme coin and, in principle, I was not mistaken, then I started to study it and still There are articles where they pay with this meme with a coin, I think there will be more growth for this coin, at least for dogs.

[so98nn]

This is called as profit booking by whales. Obviously SHIBA had its good time few weeks back when it jumped way hard than it could actually. This led more investors to invest their money into Shiba because it was rising and given everyone the missing train feeling. Out of no where big exchangers like Binance, WazirX and gecko started to host the SHIBA trading challenge worth 15 million USD which was crazy one by the way and lured more peeps into the project. The power of all these steps literally put Shiba to ATH. Now that the market as whole is at down turn including the King btc, everyone is trying to book profits and get away from it. It may not be the end of road, it’s just little pause for buying, and more focus on selling.

[Jaered]

I think Shiba Inu would bounce back up. Its the market and truly the sentiment right now is bearish for Shib. I strongly believe its time to pump is near. It is the strongest Dogecoin competitor and a strong one at that

[Marykeller]

For the past few days now, I have considered the fact to invest in Shiba Inu based on information I have gotten from a friend about the token. My only problem with not investing is that, how can someone have millions of Shiba inu in his or her portfolio. What happens to the token value when someone dumbs his million tokens? From my observations, thousand of investors also has million of Shiba inu. Am having a biased mind to invest after reading up post here about the Shiba inu

[Apyminer]

Hesitating to buy a bit more here but definitely not selling anything as it's still currently my best performer.

I'm convinced it will eat another zero during a bull run before end of the year.

Afterall we expect btc to chase crazily the 100k bar before end of the year.

[Finestream]

For the past few days now, I have considered the fact to invest in Shiba Inu based on information I have gotten from a friend about the token. My only problem with not investing is that, how can someone have millions of Shiba inu in his or her portfolio. What happens to the token value when someone dumbs his million tokens? From my observations, thousand of investors also has million of Shiba inu. Am having a biased mind to invest after reading up post here about the Shiba inu

Imagine yourself if you are one of them, how would you anticipate if their value suddenly drops down drastically due to a serious price correction? Investing in meme coins are totally high risk because you are putting your money in those tokens without real utility case so even if they are the current trend, they are still prone to lose their value anytime. For me, Shiba Inu is only a parody of dogecoin so it means their future is somewhat alike. If thousands of people have lose in dogecoin before, then it will be also possible with Shiba Inu at the present. This is just my thought for now, but i'm open for a change of mind in the future.

[Oasisman]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Not everytime the hype and the trend always stay. There will always the time where people are actually selling it most especially when the downtrend begins to surface.
Not to mention that these are both meme coins with no real use cases, just merely a speculative coins.
I don't have Shib nor Doge, but If it happens that I'm holding one of those coins, I won't get affected by the downtrend as long as I can still see people hyping these coins up in the social media it'll probably bounce back.

[Apyminer]

You all repeat over and over that there is no real use case for Shib.

Is paying my hairdress in shib considered a real "in life" use case?

Is paying my McDo in shib considered a real use case?

Is paying my theater tickets in shib considered a real use case?

And if not please enlight me with what is considered a real in life use case?

[tsaroz]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Shiba inu has been a pump and dump from day 1. Still they are at much higher price than most days.
It is a joke coin. They in reality sent 50% of total supply to vitalik buterin, humble of him, he donated 90% of his holding to relief program at a much lower price.
Than it was Elon Musks tweets that let it go rocketing. The team too worked a bit to launch a lousy defi, though they have a good rating, they have not much functions to make it useable. Personally, I think Shiba is going to be the next hyped dead coin.

[kanayaTabitha]

Every coins that pumped hard by the whales and the price increase is not healthy (there are no healthy correction just like a normal coins that has good fundamental) will crashed hard and not going back to it's all time high, just like XRP and NXT few years ago.
The whales are already moving to another coins which probably in hype in the next year (i would say metaverse), and meme animal coin's hype is already over.

[StarKay]

I don't think it's the end of the road for Shiba Inu, it's too early to come to that conclusion. Shiba Inu is still one of the most popular Cryptos out there and the following is massive, what you observed about price drop is not unusual in Crypto.
Although one should always be careful with meme coins with massive circulating supply and unrealistic market capitalisation.

[onecall123]

There is no such thing as a permanent bull run or bear run. Where it starts, it will end too. The trend is roughly following the model, but there is no guarantee that it will reverse. It's sad how many people will lose money by believing in this shit. Shiba Inu dropped nearly 60% in three consecutive weeks after hitting an all-time high in late October. SHIB is not over, it is only about patience. That sounds like a golden opportunity to me.

[geegaw]

Every coins that pumped hard by the whales and the price increase is not healthy (there are no healthy correction just like a normal coins that has good fundamental) will crashed hard and not going back to it's all time high, just like XRP and NXT few years ago.
The whales are already moving to another coins which probably in hype in the next year (i would say metaverse), and meme animal coin's hype is already over.

Even though it's been a few years but you still remember the names that created storms in this market, I believe many people here also can't hide their ups and downs with these mentions, they may no longer be able to recall their glorious past, but once their names are mentioned, opportunities still have certain possibilities for them. Looking at a reality like dogecoin, which doesn't meet your conditions but still has a higher peak, Shiba may be receiving pressure from the Metaverse market but the name has been sculpted into this famous crypto trail, a few days of remembrance can still change its fate.

[jaberwock]

There is no such thing as a permanent bull run or bear run. Where it starts, it will end too. The trend is roughly following the model, but there is no guarantee that it will reverse. It's sad how many people will lose money by believing in this shit. Shiba Inu dropped nearly 60% in three consecutive weeks after hitting an all-time high in late October. SHIB is not over, it is only about patience. That sounds like a golden opportunity to me.

Is it really sad? I mean putting aside all those smart people who got in and knew that it was a shitcoin and as soon as it made some profit for them, they got out. However for all of those who stay here for long term, it is a bit weird to not be shocked about their situation, after all they are long on a shitcoin and they should be aware that they are going to lose their money.

This is why I personally believe that we should let them be whatever they want to be and not care about what they are losing. I understand that some people care what others do and how much they lose, and people losing money in crypto world reflects on all of us because they complain about the shitcoins. However, is it really that smart to let them be how they are and learn by themselves? Or is it smart to get involved? I would let them learn their own mistakes, it is a lot better.

[fullhdpixel]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

It was always the end of the road, Shiba was always a horrible thing and for some reason people managed a reason to buy it and they hyped it so much that it became a self fulfilling prophecy of sorts. I mean yes you did make money but that is because all of you ended up buying for so no reason at all, now if you all start to sell then it is going to crash and that will mean yes some people at the top will make a profit or already made profit but that doesn't mean that the bottom will be crashed. Do not have too much hope from Shiba if you are in it for the long term, try to reach to a point where you could end up making some profit and get out as quickly as possible if you are ever in profit.

[Kasabus]

I just added a few dollars on the shiba inu and because it's only a small amount so the drop in the price is not very significant affect on my assets, this is normal when coin has pumped the price will drop even to 50%, as long shiba still have high volume trading on major exchange I'm not to worry because I'm more to long term.

Meme coins shouldn't be held for long term, they tend to go down very quickly and also the same about pumps as well, we should always look for the right opportunity to invest in meme tokens and then exit early so as to not become the one holding the bags when the coin falls to zero. Best advice would be to reap the profits as early as possible and then go to the next coin.

Right. Meme coins are only good for short term because they are not likely to last long in the market since they are only dependent on hypes. And not all the time that such coins will be hyped, unless big whales will start to do so. But if we zoom it out, its better to invest in coins that are already strong and are reputable enough in the market so that when serious correction starts to hit the market, their prices will not be totally affected and won't create huge dumps. I think the fate of Shiba is nearly to its end, unless the market starts to recover then meme coins will also likely to recover too.

[Strongkored]

I just added a few dollars on the shiba inu and because it's only a small amount so the drop in the price is not very significant affect on my assets, this is normal when coin has pumped the price will drop even to 50%, as long shiba still have high volume trading on major exchange I'm not to worry because I'm more to long term.

Meme coins shouldn't be held for long term, they tend to go down very quickly and also the same about pumps as well, we should always look for the right opportunity to invest in meme tokens and then exit early so as to not become the one holding the bags when the coin falls to zero. Best advice would be to reap the profits as early as possible and then go to the next coin.

I'm sure as long as shiba is still listed on many major exchanges with a fairly high trading volume and ranking in CMC or coingecko is still in the top 50 the value of this coin will not be zero, and moreover I only invest with money that I can afford to lose.
But I agree with you that memecoin can be zero value if we are careless and too greedy to expect big profits without taking into the movement of the main coin or the current market conditions. Hit and run will be safer to reduce the risky in memecoin choice.

[traderethereum]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

I am not sure if Shiba can regain its position in the market after it reaches a high price because the focus of the investors can change to other coins.
The downtrend could continue as bitcoin price is not moving higher but if Shiba is a strong coin like Dogecoin, Shiba can increase again in the future.
The meme coins can end anytime so Shiba, Dogecoin, and other meme coins can not grow in the future but still have a chance to get pumped someday.
But if we look at Shiba's price, it can increase again, but you really need to be careful to play with Shiba because you can wait for a long time before you see the price increase back.

[vasu091254]

I think it will be a little early now as the team is working on their future plans. There are a lot of issues that we should keep in mind but this is a meme coin and to make any predictions about it is a little unfamiliar to me given the current situation. You can't say about shiba inu at the moment because the team is working on it but it has not seen any increase in price for some time now. It has been continuously decreasing. so wait for sometime.

[KaliLinux]

I just added a few dollars on the shiba inu and because it's only a small amount so the drop in the price is not very significant affect on my assets, this is normal when coin has pumped the price will drop even to 50%, as long shiba still have high volume trading on major exchange I'm not to worry because I'm more to long term.

Meme coins shouldn't be held for long term, they tend to go down very quickly and also the same about pumps as well, we should always look for the right opportunity to invest in meme tokens and then exit early so as to not become the one holding the bags when the coin falls to zero. Best advice would be to reap the profits as early as possible and then go to the next coin.

I'm sure as long as shiba is still listed on many major exchanges with a fairly high trading volume and ranking in CMC or coingecko is still in the top 50 the value of this coin will not be zero, and moreover I only invest with money that I can afford to lose.
But I agree with you that memecoin can be zero value if we are careless and too greedy to expect big profits without taking into the movement of the main coin or the current market conditions. Hit and run will be safer to reduce the risky in memecoin choice.

I don't think that applies to only meme coins as we have seen some other crypto projects go to zero however, I do also believe that Shaba Inu will still be around for a while even though we are witnessing a downward trend with the market price at the moment which also affects other cryptocurrencies at different times. I strongly believe that the Shiba Inu team is differentiating itself from other meme coins by launching a decentralized exchange called Shibaswap with 2 new tokens, LEASH, and BONE. All this along with its current position amongst other top cryptocurrencies market Cap. kinda show its determination to be around. 

[pantek talacuik]

I think it will be a little early now as the team is working on their future plans. There are a lot of issues that we should keep in mind but this is a meme coin and to make any predictions about it is a little unfamiliar to me given the current situation. You can't say about shiba inu at the moment because the team is working on it but it has not seen any increase in price for some time now. It has been continuously decreasing. so wait for sometime.

The normal meme coin is experiencing a steady decline until the end of this year and if it's not so popular again then investors will sell their coin slowly to reduce the losses that continue with the decline that follows. it becomes possible.

[freedomgo]

I think it will be a little early now as the team is working on their future plans. There are a lot of issues that we should keep in mind but this is a meme coin and to make any predictions about it is a little unfamiliar to me given the current situation. You can't say about shiba inu at the moment because the team is working on it but it has not seen any increase in price for some time now. It has been continuously decreasing. so wait for sometime.

Probably, if the whole market recovers, then we will see more likely for Shiba Inu too as its also having a rough time right now having a continuous dump. As long as Shiba has a good trading volume and its community is still supporting it, then it will never be the end of its road. But still, we should always be careful investing in meme coins as they are more on hype, with its pump and its dump moments. Maybe investing with a small amount can do knowing it will only be good for short term.

[TimeTeller]

I think it will be a little early now as the team is working on their future plans. There are a lot of issues that we should keep in mind but this is a meme coin and to make any predictions about it is a little unfamiliar to me given the current situation. You can't say about shiba inu at the moment because the team is working on it but it has not seen any increase in price for some time now. It has been continuously decreasing. so wait for sometime.

Probably, if the whole market recovers, then we will see more likely for Shiba Inu too as its also having a rough time right now having a continuous dump. As long as Shiba has a good trading volume and its community is still supporting it, then it will never be the end of its road. But still, we should always be careful investing in meme coins as they are more on hype, with its pump and its dump moments. Maybe investing with a small amount can do knowing it will only be good for short term.

But the problem with most hypes is that once the community sees that the decline is continuous, they tend to move to another project.
Because we know this kind of project will not last long because they have no actual application that can cement their position.
So if they will just rely on the community shilling it for the hope of getting good profits, this can easily die.
I hope buyers will be smarter these days, and opt for much solid projects like ETH or BNB or SOL.

[eaLiTy]

The fate is obvious, the hype was huge and anyone who jumped during the initial period made a lot of money and the best is the developers who created the meme coin might be living in a yacht. I do accept the way in which they were able to hype the project and create interest. I thought no one would bite the hype but i was wrong all along as no one is bothered about the technical aspects rather everyone is here for profit. 

[wxa7115]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

It depends on what do you mean by that, taking into account the popularity of those coins among some of the members of the forum I doubt they will disappear any time soon.

However if what you mean by that is that you think the short term growth that those two coins are experimenting during the last months is coming to an end, then you may have a point, however if the bull market continues and bitcoin keeps growing then those coins still have a chance to give you profits, however I think we are teaching the limits of what those coins can offer and as such it could be a risk to buy them right now, as those two coins are completely dependent on hype for their growth, and if the hype evaporates then the gains those coins have gotten will suffer the same fate.

[Kodok Bencot]

After reaching new ATH at the end of October and entering 9th place, Shiba Inu's performance continues to decline, maybe the old holders have already made a big profit so they sell and make a big correction for Shiba Inu, is this the end of Shiba? I'm sure not, they're setting up an NFT project so it will keep the usage of Shiba increasing and I don't hesitate to make Shiba a promising token.

[Queenboss]

With my little experience in the cryptocurrency market, I know there's bound to be a dip after a pump. Shiba inu pump was quite substantial and the market correction has sent in. This is because some people are taking profits and that has been pushing the value low. This may be the end as some people think or we may be having a higher pump in the future.

[martina14]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Well, based on what I know about this coin of Shiba Inu, there are some of the merchants accepting Shiba Inu are one of the mode of payment to their, and even in some of the Franchise Mcdonalds if I am not mistaken they do accept shiba Inu as one of the mode of payment in online transactions. So, I guess SHIB is just only starting now.

[Lanatsa]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Its already anticipated or expected that this would really fall down or decrease because this was driven with hype on the first place when Elon tends to make out some noise with meme coins and also with this one so its not surprising that it would really be going down.

We don't know if this one would be able to sustain or would totally crash out into the floor because everything would really vary or depend on the demand which it would be always the thing that do matters.

Lets not make out some conclusions yet and we might be still seeing some recovery.

[Ozero]

With my little experience in the cryptocurrency market, I know there's bound to be a dip after a pump. Shiba inu pump was quite substantial and the market correction has sent in. This is because some people are taking profits and that has been pushing the value low. This may be the end as some people think or we may be having a higher pump in the future.

It is possible that this meme coin will no longer regain its price position. SHIBA has grown significantly in price due to the hype, and sooner or later this will necessarily lead to a sharp irreversible price decline. Therefore, many who have invested their money in this worthless coin may lose their money. This was a predictable event.
SHIBA may recover its positions for some time with the market growth, but this is already unlikely. If the holders sense that it is a dummy, they will discard this coin.

[GbitG]

With my little experience in the cryptocurrency market, I know there's bound to be a dip after a pump. Shiba inu pump was quite substantial and the market correction has sent in. This is because some people are taking profits and that has been pushing the value low. This may be the end as some people think or we may be having a higher pump in the future.

It is possible that this meme coin will no longer regain its price position. SHIBA has grown significantly in price due to the hype, and sooner or later this will necessarily lead to a sharp irreversible price decline. Therefore, many who have invested their money in this worthless coin may lose their money. This was a predictable event.
SHIBA may recover its positions for some time with the market growth, but this is already unlikely. If the holders sense that it is a dummy, they will discard this coin.

Currently, nothing is sure even it's meme coin, but we have different rumours about this because few still believe team is working on few aspects and having some better technology and NFT which could be great but until now these all are in hype. One thing is sure long time holders already have some good profit, and now they are dumbing which is also big cause for this correction these meme coins have no future they can collapse anytime and many greedy and newbies can lose their big amounts in this all.
Right now we have some bearish trend in crypto market but hopefully this all will be change, and then we will have some better view about this also.

[Silberman]

With my little experience in the cryptocurrency market, I know there's bound to be a dip after a pump. Shiba inu pump was quite substantial and the market correction has sent in. This is because some people are taking profits and that has been pushing the value low. This may be the end as some people think or we may be having a higher pump in the future.

It is possible that this meme coin will no longer regain its price position. SHIBA has grown significantly in price due to the hype, and sooner or later this will necessarily lead to a sharp irreversible price decline. Therefore, many who have invested their money in this worthless coin may lose their money. This was a predictable event.
SHIBA may recover its positions for some time with the market growth, but this is already unlikely. If the holders sense that it is a dummy, they will discard this coin.

The hype for SHIBA has been going on for a long time already and we know that a coin that gets most of its value from hype eventually will go down, the question is when this will happen and how big the crash will be? And I think there are big chances that we are going to see a massive crash of SHIBA during the next months as people are starting to doubt the bull market for this coin can continue forever, and the moment those doubts enter the consciousness of most of those investors then that is when the coin stops growing and the possibility of a crash increases in a massive way.

[darmin]

Keep in mind that shiba is a coin meme, predicting this technically is not easy. Moreover, they grow because of hype and community. If these coins fall and their community is not strong then it will certainly be abandoned by their community. So it's hard to expect when this coin will go up like before. In the long term, it can be like a doge.

[blockman]

No need for any technical analysis on these two. They're meme coins and it should be safe to say that the hype is done for these two. So if you're interested in investing in these two and you're only seeing the dumps then you have to make up your mind and think again if you want to still invest with these two. Not yet the end for these two but it's just the hype, they might stay for long and the market remains for these two but it's not that going to be the same as before.

[og kush420]

it's called a market game and also there are many better and potential competitor tokens..
because of that starting to look at new tokens to find and get very many benefits.

I was reading same type of story on another thread about SDOG coin.
"SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost over 90% of its value yesterday in what many believe was the platform’s largest rug pull.  https://www.google.com/amp/s/cryptoslate.com/avalanches-first-memecoin-sdog-ends-in-a-30m-rugpull/amp/  "

Such pumps and dumps have become part of crypto market. I think whales have taken there profit from shiba and have dumped it since after. Better buy some undervalued coin and invest in it for future gains.

[gurunanakji777]

I think it still has potential to rise and we have to be keep patient till the correction phase over. I don't think the growth is over because there is a huge supporting community of Shiba and dev is also very active and always try to list on maximum exchanges so it will bounce back but on the other hand I don't like meme coins.

[Wildwest]

Seeing from the current market movements shiba inu will not follow the flow of dogecoin that can occur significant increases, and for now shiba inu is just a meme coin that occurs an increase for only a moment and this will return to the lowest value and later there is no value anymore, then investing in shiba inu is currently worth taking into account because of the enormous risk, Although some analysts believe that shiba inu can achieve the highest value for the future, but this all depends on our belief in analyzing a coin.

[barbara44]

Doge is just a memecoin as well. If you check the twitter of the creator you will see that dude didn't intended to create something this huge. He just did it as a joke in 2 hours and he was having fun with it, his intention was not to get rich but to have a laugh and that's it.

The reason why doge is so high right now is that there are tons of people who worship Elon Musk just because he is rich and unfortunately the world is filled with people with inferiority complex who love to worship big names and Elon just tweeted about doge all day everyday for a while and that made people buy doge, that's it. Which is why I assume that doge will crash eventually as well, when Elon stops tweeting about it, which he does a lot rare these days, then the price of doge will crash too.

[livingfree]

I think it still has potential to rise and we have to be keep patient till the correction phase over. I don't think the growth is over because there is a huge supporting community of Shiba and dev is also very active and always try to list on maximum exchanges so it will bounce back but on the other hand I don't like meme coins.

It's likely that the growth won't be over because there's a chance that it may go up again.

But the continuous growth of it is likely has stopped already because it's all dependent to the hype that Elon has brought to the meme coins ecosystem.

[timerland]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Shiba has absolutely zero reason to be in the top 100 crypto list.

Expect the downtrend to continue. Prices have already halved from the ATH and I think that they will continue this direction.

You might be able to pull some profits through short term speculation, but definitely don't hold this one for the long term.

[KennyR]

I think it still has potential to rise and we have to be keep patient till the correction phase over. I don't think the growth is over because there is a huge supporting community of Shiba and dev is also very active and always try to list on maximum exchanges so it will bounce back but on the other hand I don't like meme coins.

It's likely that the growth won't be over because there's a chance that it may go up again.

But the continuous growth of it is likely has stopped already because it's all dependent to the hype that Elon has brought to the meme coins ecosystem.

Yeah, the continued growth has got interrupted. Maybe this could take phase if something is talked by any influencer like Elon Musk. Also there is more room for growth in the falling months, as some real-time usage of Shiba have happened with the acceptance of Shiba on few restaurants and AMC Theatres.

[tvplus006]

Doge is just a memecoin as well. If you check the twitter of the creator you will see that dude didn't intended to create something this huge. He just did it as a joke in 2 hours and he was having fun with it, his intention was not to get rich but to have a laugh and that's it.
...

Shiba Inu has more chances for further development than Doge, as developers are already working on creating their own blockchain for the coin and this will further lead to the creation of a new ecosystem around Shiba. This means that Shiba developers want to do something more than just a coin meme.

[Vaculin]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Shiba has absolutely zero reason to be in the top 100 crypto list.

Expect the downtrend to continue. Prices have already halved from the ATH and I think that they will continue this direction.

You might be able to pull some profits through short term speculation, but definitely don't hold this one for the long term.

Shiba has indeed more potentials than dogecoin so it has still high chances to rise up again once the market starts to recover. But for now, we can see that Shiba is also experiencing a downtrend so if you have faith in Shiba, then this is a good buying moment for this meme coin but never hold them for long term as they are totally different from bitcoin and established altcoins which will definitely grow as time goes by.  For Shiba, this is only good for short term so if you see good chances to make profits, then grab the chance as most of the meme coins don't last for long, unless a big whale like Elon will stand for it through its tough moments.

[michellee]

It is interesting what Shiba does now as the price can increase for a little price but still far from the last high price. Hopefully, the developer and teams can still work hard to make sure Shiba grow while the investors can add more Shiba to their wallet and hold it. Maybe Shiba has another chance to rise than Dogecoin but no one knows for sure while the investors can only hope that Shiba is the next gem for them. If you want to buy Shiba, you can do that now while the price is still at a low price range.

[velive08]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

yes, this is like a scare if you look at the current shiba price chart, but for shiba inu holders there is no need to panic. The current decline in the price of the shiba inu does not mean that the shiba inu will die and lose in the market, this is not the end for the shiba inu. I think not everyone thinks like that!!
The current decline in shiba prices in my opinion is part of TIM's strategy to reap profits in the future,

[Pelana vreo]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

I'm not a trading expert, but I have experience with coins like this, if you held 1 million doge coins in 2017 and sell them now, then you will know what I mean, all crypto prices fluctuate and each trader has their own theory and technical analysis market conditions, you can see the price of SHIB will go up when the fundamentals they build have been completed, there are still many surprises that will be done by memecoin, but I only invested 10% for SHIB coins for a long time

[Vaskiy]

For Shiba it isn't the end of the road. More and more people are investing into Shiba, and recently it achieved the one million Shiba holders. Yesterday former Dutch Member of Parliament is bullish on Shiba. He is a millionaire out of cryptocurrency. The timely bet on ether and dogecoin had made him a millionaire. He states, there is no difference between bitcoin and Shiba as a meme coin. As the value is made based on how much other people are willing to pay for them. Regularly someone is bullish and supportive to Shiba won't let it go down or end.

[Sled]

For Shiba it isn't the end of the road. More and more people are investing into Shiba, and recently it achieved the one million Shiba holders. Yesterday former Dutch Member of Parliament is bullish on Shiba. He is a millionaire out of cryptocurrency. The timely bet on ether and dogecoin had made him a millionaire. He states, there is no difference between bitcoin and Shiba as a meme coin. As the value is made based on how much other people are willing to pay for them. Regularly someone is bullish and supportive to Shiba won't let it go down or end.

This gives positive insights that Shiba Inu has a big chance to recover out from declining. We know that we are in a downtrend motion, major coins are also experiencing decline but because of the support for the investors who keep their Shiba coins intact, this helps for a fast recovery compared to the other coins, compared to other meme coins.

I think every investor must have to trust their investment. Though I don't have any Shiba Inu coins in my wallet, I believe that it performs well than the others and surely survives in the current situation.

[jeungo]

There is nothing strange about this, now there will be psychological pressure on the holders, then, either a massive outflow of money, or they will enlist the support of one of the major personalities and try to raise the course again on the information noise around the project. But I think that this is just speculation and there is no real idea behind the project.

[Queenboss]

Shiba inu is still trading at a gain for those who bought before the bull run. I understand that the value of Bitcoin as well as several altcoin has been volatile and that's not peculiar to Shiba. I personally don't think Shiba is a bad choice for short term hold as there are still possibilities that we could have more favorable market fluctuations.

[aseprebel]

I think shiba has a price change and I see shib already listed on the kraken maybe this is the cause of shiba's price jumping up, and what I see price movements in the big timeframe has formed a flag pattern which of course we are waiting to see if this shiba will continue its increase, The increase in buy volume seen in the price action this weekend, with shib prices fading from the low of $0.00003500. Let's just wait.

[Silberman]

No need for any technical analysis on these two. They're meme coins and it should be safe to say that the hype is done for these two. So if you're interested in investing in these two and you're only seeing the dumps then you have to make up your mind and think again if you want to still invest with these two. Not yet the end for these two but it's just the hype, they might stay for long and the market remains for these two but it's not that going to be the same as before.

Meme coins are at best a bet for anyone that wants to hold them, those type of coins tend to move only when there is some hype around them, this means that a lot of time can pass before the community gets interested in them again, so if anyone is interested in those coins the best thing to do is to leave them alone and only consider to invest in them once they seem to be getting hot enough again and the hype is back, personally even then I would not recommend to pt your money in those coins, but if I was interested in those type of coins that is the strategy that I would use.

[livingfree]

I think it still has potential to rise and we have to be keep patient till the correction phase over. I don't think the growth is over because there is a huge supporting community of Shiba and dev is also very active and always try to list on maximum exchanges so it will bounce back but on the other hand I don't like meme coins.

It's likely that the growth won't be over because there's a chance that it may go up again.

But the continuous growth of it is likely has stopped already because it's all dependent to the hype that Elon has brought to the meme coins ecosystem.

Yeah, the continued growth has got interrupted. Maybe this could take phase if something is talked by any influencer like Elon Musk. Also there is more room for growth in the falling months, as some real-time usage of Shiba have happened with the acceptance of Shiba on few restaurants and AMC Theatres.

It's always like that.

When there's an influential person that talks about a coin like shiba, the market goes up and the hype continues.

But when there's not that much talk about it just as what we're seeing now. It's really not going up because it needs more noise.

[wxa7115]

It's always like that.

When there's an influential person that talks about a coin like shiba, the market goes up and the hype continues.

But when there's not that much talk about it just as what we're seeing now. It's really not going up because it needs more noise.

And this is a bad sign, after all if a coin instead of going up by its own merits needs an external party to make some noise so it begins to go up in value then there is something fundamentally wrong with that coin.

And I think that is the case of Shiba Inu, so while I think short term profits could still be had if some influencer began to talk about this coin again, in my mind this is the kind of coin we should stay away from as there is no telling when people will get disappointed with their results and begin to sell, generating a flash crash which could reduce your capital in a significant manner in a short amount of time.

[TravelMug]

It's always like that.

When there's an influential person that talks about a coin like shiba, the market goes up and the hype continues.

But when there's not that much talk about it just as what we're seeing now. It's really not going up because it needs more noise.

And this is a bad sign, after all if a coin instead of going up by its own merits needs an external party to make some noise so it begins to go up in value then there is something fundamentally wrong with that coin.

And I think that is the case of Shiba Inu, so while I think short term profits could still be had if some influencer began to talk about this coin again, in my mind this is the kind of coin we should stay away from as there is no telling when people will get disappointed with their results and begin to sell, generating a flash crash which could reduce your capital in a significant manner in a short amount of time.

Well the simple formula is jump on the bandwagon early and then make profits exit.

And we all know that this meme coin hype sooner or later will die down, so there's no need to stay on the market and be trap and instead of making money will be lose in the end.

Always monitor the price as well and everything related to it, who knows maybe there is an incoming dump and you want to go with it instead of staying or get out early and don't be greedy.

[wxa7115]

And this is a bad sign, after all if a coin instead of going up by its own merits needs an external party to make some noise so it begins to go up in value then there is something fundamentally wrong with that coin.

And I think that is the case of Shiba Inu, so while I think short term profits could still be had if some influencer began to talk about this coin again, in my mind this is the kind of coin we should stay away from as there is no telling when people will get disappointed with their results and begin to sell, generating a flash crash which could reduce your capital in a significant manner in a short amount of time.

Well the simple formula is jump on the bandwagon early and then make profits exit.

And we all know that this meme coin hype sooner or later will die down, so there's no need to stay on the market and be trap and instead of making money will be lose in the end.

Always monitor the price as well and everything related to it, who knows maybe there is an incoming dump and you want to go with it instead of staying or get out early and don't be greedy.

The problem with such a strategy is that at least with a coin that you know is fundamentally sound, like bitcoin, then in the case your timing is off and you invest in it and then it crashes at least you know there is the possibility that if you just hold your coins eventually you are going to recover your money and make profits.

But with a coin like Shiba Inu this is not a sure thing, if the coin crashes then it may never reach its previous levels, as people that were interested in the coin either lost their money or get interested in another newer and more promising meme coin.

[fvb]

Now there are new such coins. Who want to repeat the success of Shiba. It will not be surprising if someone, and we all know who exactly, launches a second wave. And then the coin will rise in value again. But personally, I trust trusted coins and don't pay much attention to the hype.

[albon]

Now there are new such coins. Who want to repeat the success of Shiba. It will not be surprising if someone, and we all know who exactly, launches a second wave. And then the coin will rise in value again. But personally, I trust trusted coins and don't pay much attention to the hype.

Yes, there are many meme coins that compete with the Shiba Inu currency, such as Floki Inu and the ElonFlokiInu coins. The hype is still going on because these meme coins that I mentioned to you have witnessed great increases during these months, so I think that the Shiba Inu coin is just a time and will be replaced by other meme coins, so everyone should invest cautiously in meme coins because you may go bankrupt if the hype passes.

[rhomelmabini]

Shiba Inu just partner with Travala and it can be used now to purchase or to book some flights. I think Shiba will not be that fall too easily consider how huge the community that supports it, that's the thing that they got the advantage of. It will just a matter of time but I think the team behind Shiba Inu was into Metaverse as well or the play to earn industry.

[Anguwa]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

I am not an expert in trading technical analysis, but according my research, Shib Inu is a very strong project with great ambitions to succeed, I have the believe that the project is Stronger than some meme coins like dodge etc. So I believe it's one of the altcoin that have a very bright future

[Natalim]

Shiba Inu just partner with Travala and it can be used now to purchase or to book some flights. I think Shiba will not be that fall too easily consider how huge the community that supports it, that's the thing that they got the advantage of. It will just a matter of time but I think the team behind Shiba Inu was into Metaverse as well or the play to earn industry.

Well, in that case, I think Shiba Inu is just following the market trend (dump) and this seems normal to altcoins. But likely has a huge possibility that it recover back high again as it has a working product that could help to make it fast. So for now, it wasn't it looks terrible and scary investment and if the team is really working it hard, there is no way to stop it from growing.

[Mehedi72]

It doesn’t need to be an expert to predict the fate of shiba inu, which is already done by long time. now we are just waiting to get the result of prediction. cause its an open secret that meme coin like shiba inu fate will be end due it Doesn't have any product or use that could help it to make alive. not only shiba inu but also there are so many meme coins in the market, whose fate will be same as shiba

[Ryker1]

It doesn’t need to be an expert to predict the fate of shiba inu, which is already done by long time. now we are just waiting to get the result of prediction. cause its an open secret that meme coin like shiba inu fate will be end due it Doesn't have any product or use that could help it to make alive. not only shiba inu but also there are so many meme coins in the market, whose fate will be same as shiba

Well because it is an end of the hype --obviously there is no real product and the price grows up because of the hype. Hyped coins are not good in investing long term, if you want to risk your money on this coin you should always monitor the price in the market because anytime the price will drop drastically, and perhaps this is the time now. The fate is there is no potential on holding in a long term, it always depends on the manipulator of the price. Because coin that has low liquidity is easy to manipulate the price.

[Nazmul012]

Once Shiba didn't have any roadmap for long. People used to invested on it, for multiple their income and considered it as for short term hype. Even most of people predicted, it will downfull anytime but it seems, Shiba team try to overcome all of situation and they eager to go ahead with it. So they keep doing partnership & try to find out real use of it. Shiba seems Strong by its huge value and marketcap. It might be dump but i don’t think, this is end of it

[Kelvinid]

Once Shiba didn't have any roadmap for long. People used to invested on it, for multiple their income and considered it as for short term hype. Even most of people predicted, it will downfull anytime but it seems, Shiba team try to overcome all of situation and they eager to go ahead with it. So they keep doing partnership & try to find out real use of it. Shiba seems Strong by its huge value and marketcap. It might be dump but i don’t think, this is end of it

That is what it looks like now but, the volatility of the market seems affecting its trend and in fact, major coins are also in the downtrend. But is not a worrying scenario that looks bothering, Shiba is taking their moves to cope up with these rough changes after having in hypes and the team wanted to prove that they are worth trusting and investors don't get disappointed. Perhaps, with their aggressive move and continuous development, that really could help it out and survive from this.

[Wawa2013]

It doesn’t need to be an expert to predict the fate of shiba inu, which is already done by long time. now we are just waiting to get the result of prediction. cause its an open secret that meme coin like shiba inu fate will be end due it Doesn't have any product or use that could help it to make alive. not only shiba inu but also there are so many meme coins in the market, whose fate will be same as shiba

With the price of Shiba Inu continuing to fall and even now the Shiba Inu has fallen by 60% of the ATH price. It looks like the fate of the Shiba Inu is
coming to end and this deep decline of the Shiba Inu indicates that the Shiba Inu's hopes for recovery are getting smaller. I agree that not only Shiba Inu
will end, but other meme coins will suffer the same fate as Shiba Inu. Maybe only Dogecoin can survive, because Dogecoin is an old coin that already
has enough supporters. This is a lesson for people who are too hopeful on meme coins, what happened to the Shiba Inu may make them aware to be
more careful in choosing coins for investment.

[Leonardo7]

Shiba Inu is just a Meme coin that over perform beyond expectation. I actually didn't expect much from the doge killer after a lot of testimony from early investors. I benefited from it, and I don't expect much from it any further, this way, I don't take a stupid risk. Also now that market has been correcting and Shiba Inu is not left out.

[Frengki_cisco]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

What I have seen is the opposite, say Shiba Inu coins, if the public continues to give a positive response to Shiba, investors will not do anything about the coin, the proof is the Doge coin, no one was interested in investing in the coin at that time, in fact the coin became the target of large investors, eventually skyrocketed.

It could have happened to Shiba, where when people were no longer interested in the coin shiba.

[oemar bakrie]

everything is possible to go down, not only shiba, at the end of this year there is a possibility that everything will go down together..
.we just can control our emotions, don't be in a hurry to let go, because I'm sure it's all a game of people who have an important role in crypto..

[fadil46]

I am not an expert in trading technical analysis, but according my research, Shib Inu is a very strong project with great ambitions to succeed, I have the believe that the project is Stronger than some meme coins like dodge etc. So I believe it's one of the altcoin that have a very bright future

Do you think Dogecoin is not so strong that it was born in 2013 and still exists today in cryptocurrencies ? and this is very much different from the Shiba Inu whose popularity has only recently occurred this year where the age is still very early, so where did you research this ?

[Snappycoco]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

No technical analysis can analyze meme coins. They are reliant to hype and not to its fundamentals. Well, I think shiba inu is done with its hype and I think they've reached their maximum potentials. Many are trapped at the top and those who bought at the bottom got their rewards already.

[whiteblue]

everything is possible to go down, not only shiba, at the end of this year there is a possibility that everything will go down together..
.we just can control our emotions, don't be in a hurry to let go, because I'm sure it's all a game of people who have an important role in crypto..

Everyone also has a different pattern of play although the goal will be the same, and in general what you suggest it is true not to rush into releasing assets that are already in a period of decline like now, but for those who do not have the patience to deal with it, I believe they will let it go now and will regret it when the market recovers.

[alchemister]

SHIBA inu is a downtrend, but "Safemoon inu" is an uptrend
P2E game is under development

[Alanaz]

everything is possible to go down, not only shiba, at the end of this year there is a possibility that everything will go down together..
.we just can control our emotions, don't be in a hurry to let go, because I'm sure it's all a game of people who have an important role in crypto..

Everyone also has a different pattern of play although the goal will be the same, and in general what you suggest it is true not to rush into releasing assets that are already in a period of decline like now, but for those who do not have the patience to deal with it, I believe they will let it go now and will regret it when the market recovers.

it is true that something like this would be very useful but if you look at the shiba market which only goes up in a year only once then it will take a long time to wait and hope they will pump well again.
2020 they achieved something good then dropped until mid 2021 until some time ago they hit their newath and now it's down. the question is to wait until when things like this will be the same until mid or towards the end of 2022? no one knows for sure

[Ozero]

We see that the direction of the general price movement of the market has a great influence on the hype created and its results. During a period of good price growth in this market, it is much easier to promote any cryptocurrency. At the same time, it is necessary to take into account that it is already much more difficult to re-promote it in price if some external reasons, such as a general price drop in the market, intervened. Therefore, after the last price drop in the market, some meme coins may no longer rise to their previous price heights. What will happen with SHIB, we'll see.

[BIT-BENDER]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

First Shiba Inu isn't a competition for Dogecoin, rather Shiba Inu is a coin that capitalized on the fame and promotion given to Dogecoin by a soon to be an Influencer Elon musk, and being one of the first to see how profitable it is to mimick dogecoin coin, Shiba Inu felt its a close competition to it, now I think Shiba Inu cling on that advantage is fading off. So many other new project has taken the same part as Shiba and I still believe they all won't last long.

[Ararbermas]

Not the end it's just because of some holders who preferred to dump after the highs and because also of bear market situation reason it keeps dipping.. Infact as you can see there's already a pump on the price which means there are some buyers already at the current level..so expect it will make another hypes once the next season exist again in the market. Remember it's a meme coin so don't be surprised where it is right now after all those hypes.. But probably no need to worry since this meme coin has a strong community.. Just take the opportunity to buy while it's down.

[indo1]

I just think. Shiba inu is as powerful as Dogecoin. It's just that because he is a meme coin, it looks scary if on the candle the market closes on red. I don't think this is the end of the Shiba inu, but I'm not predicting, it's just an opinion, because Shiba inu is a community token, it all depends on their community, whether it makes the shiba inu end here or it will keep going.

[Alert31]

We can't predict exactly what will happen in the future of Shiba inu. Meme coin does't have any use case, so I think, it will stay in the market if there are people still patronizing this type of token. Yes, the community behind this token will be the way to increase the value of shiba inu. Let's wait and watch what will happen next.

[fullhdpixel]

Not the end it's just because of some holders who preferred to dump after the highs and because also of bear market situation reason it keeps dipping.. Infact as you can see there's already a pump on the price which means there are some buyers already at the current level..so expect it will make another hypes once the next season exist again in the market. Remember it's a meme coin so don't be surprised where it is right now after all those hypes.. But probably no need to worry since this meme coin has a strong community.. Just take the opportunity to buy while it's down.

I would say that it may not be the end right now, but it could be start of the end as well. Shiba is 13th right now and that means they are doing fine, it is not really going down to a lower level is it? That means it is not really ending at all, but if we have more and more whales end up selling and getting out, then the price could crash a lot, and we have a lot of whales in shiba.

That is the biggest problem, it is not centralized as the understanding of the word, but if we have 5-10 whales who own tens of millions of dollars worth of shiba all getting out at the same time, then it is not going to be easy to recover for them at all, they are going to end up not being able to recover unless equal amount of money is used to buy those whale sellers. This is why these sells are always risky for something so risky, it may mean something is going wrong, or it could be nothing at all.

[eaLiTy]

We can't predict exactly what will happen in the future of Shiba inu. Meme coin does't have any use case, so I think, it will stay in the market if there are people still patronizing this type of token. Yes, the community behind this token will be the way to increase the value of shiba inu. Let's wait and watch what will happen next.

I do accept that meme coins are created for fun and hence the name, but recently i found some gambling sites started to accept Shiba Inu, if any business is using them, then that is the use case you have to think. Other than that what is the use cases standard you are thinking. If you hold a coin either it was a funny coin meme coin, it does have some utility and by the general standards in the cryptocurrency community it is doing that.

I am not an investor in the coin, i just said my opinion about it. If none of the site was accepting it then it was a different story.

[sulendra12]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

It's pretty much predictable. For me at least I don't really like coins named after hype or memes stuff. Like squid coins earlier where the price went down really hard in just matter of second and then we have Shiba Inu where the price isn't even good anymore, the volume is still good but just be careful for the worst case you could ever predict ever with this type of coin.

[MCcryptonia]

Shiba have done incredible well in the past one year of launch anyone complaining about it's present behaviour is asking way too much from the project, shiba needs loads of new use case and also new money to continue surging but this time it just got tired, still this doesn't stop the whales from accumulation

[leea-1334]

This is not the end of the road,,, the end will look much worse than this my friends.

ICOs thought 2018 was dark and bad but then today most of them went down even worse road, exchanges delisting and even dumpers could not find enough orders to fill.

Get out while you can.

[Gozie51]

Shiba is a competitor to Dogecoin both the same coinmeme price movement occurs only a momentary big wave.

If Shiba is a competitor to Dogecoin that means it is a nice and promising investment because they are going to be running side by side and comparing price difference, what do you think if Shiba Inu bull to the level of dogecoin ATH ? That is going to be high profit margin. Shiba is still looking good for investment just like dogecoin that has grown to recognition.

[gurunanakji777]

I think most of the whales of Shiba holder already sell their coins but it doesn't mean it will keep dropping because Shiba has huge strong community of supporters. Traders are still buying the dip at the moment we can see the daily trading volume of Shiba is quite good So we can expect bull move again in the coming months. We don't need to think negative till then we should remain patient.

[Mpamaegbu]

Nah! This isn't the end of Shib. From the look of things, it still has a long way to go. Like I've consistently argued outside this forum that there must be something striking and enticing about Shiba Inu that has made so many exchanges list it. Go figure that out on coinmarket sites and see the list. It's a long one. For me, there must be something those exchanges know or have seen about Shiba that we don't even know. I know exchanges vet a lot before listing projects and they must've seen the potential in Shiba during vetting. I'm not just hodling it alone. I trade it to increase my hodling. I bought back a few days ago when it dipped again. Anyone not hodling Shib may regret it once alt season comes upon us in 2022.

[PWedgeB]

I love this...

20 Satoshi (0.00000020 BTC) = $0.01 (1 cent)

SHIB/BTC = 0.00000000075 = 0.075 Satoshi (7.5% of 1 Satoshi)  (even the 8 decimals of bitcoin are not enough for shib's price) 

[abralzain17]

Previously I was also the most amazing person on Memecoin like Shiba Inu because the community that Shiba Inu grew up with was great, but now it seems to me that Shiba Inu is about to end its heyday as a memecoin competitor to Dogecoin.

[cvasy]

Previously I was also the most amazing person on Memecoin like Shiba Inu because the community that Shiba Inu grew up with was great, but now it seems to me that Shiba Inu is about to end its heyday as a memecoin competitor to Dogecoin.

How amazing were you at that time with the Shiba Inu ? because competitors who are currently strong enough to be fought by meme tokens like Shiba inu, because there are three coins on it and it is very close to the Shiba Inu ranking including Polkadot, Avax, Dogecoin and those below it are also coins that will become popular next year, namely Matic with Polygon network that will soon be booming

[nitin8263]

Shibha has become the largest coin in the crypto market  and now shibha coin is continuing in the down trend after of huge pump because market is not going better for some days, when the will better then once again it will give surprise to every one.

[tygeade]

Previously I was also the most amazing person on Memecoin like Shiba Inu because the community that Shiba Inu grew up with was great, but now it seems to me that Shiba Inu is about to end its heyday as a memecoin competitor to Dogecoin.

No, it's not, I still remember how they forced Binance to list their coin just from the pressure they were able to build on the Binance through Twitter. Even now when I visit Twitter at times, I see a lot of tweets about babydoge and shiba token which shows that they are still standing strong.

That said, I am not confident holding such tokens because again it's all about hype and once the dust settles down, only a handful who were sharp traders and managed to sell at the right time will be in the profit. Those who are holding these tokens in the hope that it will reach $1 at some point are those who will pay for such sharp traders because the money has to come in the market from somewhere.

[darewaller]

Shibha has become the largest coin in the crypto market  and now shibha coin is continuing in the down trend after of huge pump because market is not going better for some days, when the will better then once again it will give surprise to every one.

The problem with such coins is that they do not have a plan to bounce back apart from immense shilling and marketing. For example now Ethereum hasn't done great but there are rumors that the ETH 2.0 will take it to the next level and while I agree or not that doesn't matter but we cannot deny that there is something coming in the future in terms of product/updates.

When you look at SHIB army they are great at shilling and everything but what exactly are the developers doing in terms of utility or product updates, I don't quite understand. I hope it does well though because many traders hold the coin but in reality, I don't see a very bright future, based on what we have now.

[abralzain17]

Previously I was also the most amazing person on Memecoin like Shiba Inu because the community that Shiba Inu grew up with was great, but now it seems to me that Shiba Inu is about to end its heyday as a memecoin competitor to Dogecoin.

How amazing were you at that time with the Shiba Inu ? because competitors who are currently strong enough to be fought by meme tokens like Shiba inu, because there are three coins on it and it is very close to the Shiba Inu ranking including Polkadot, Avax, Dogecoin and those below it are also coins that will become popular next year, namely Matic with Polygon network that will soon be booming

how can you say that matic will be popular next year ? do you just listen to a lot of people or do you know it from the research you do?
I don't think it will be popular if it is not supported by a great community and investors who have big capital like the previously formed Shiba Inu community and investors.

[kaka manteng]

One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.

What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.

Until now I still hold the Shiba Inu and I don't think at all that the Shiba Inu has died and the end of its journey, for me the Shiba Inu is a meme who has a good future and will compete in the crypto market with good coins. don't worry about the shiba inu trip, you hold it for a long time then you can get big profits too.

[isaac_clarke22]

~

This and every single of those tweets by influencers that just seemingly pump this coin up in the sky. I never held any SHIBA and would never in my life. It is just another meme coin that are to be taken advantage of by these pump and dump groups.
Not sure how the developers feel about this though, lol.

[lepbagong]

~

This and every single of those tweets by influencers that just seemingly pump this coin up in the sky. I never held any SHIBA and would never in my life. It is just another meme coin that are to be taken advantage of by these pump and dump groups.
Not sure how the developers feel about this though, lol.

something that has always been done and you are right that still meme coins are too risky to hold because they only increase because of encouragement not because of the capacity they have, so it is clearly very risky and can change at any time and even eventually disappear because it is no longer valuable.

[mafoja1]

Shiva Inu MP is much stronger than what I have seen.  If we buy it then we will get a good profit.  I think Shiva L can easily go to a good position.  It's a matter of time for him.