SHIBA INU - The Next gem in Altcoin industry

[isomoyes]

https://www.tradingview.com/x/UEstYcfO/

hello, everyone. hope this will bring nostalgia about the Shiba coin. and the chart u can see is the complete setup on price action and supply-demand. so those who have some knowledge about market trading they may find out easy for understanding the concept. in a 4hour timeframe, Shiba is already making its correction for LNG time. the zone (0.00028-0.000021) has become biased for the market recently cs it may take a little push or u can say a little much time of patience to go up. Shiba already tried to break the trend line so many times. so, u can see that this is a great opportunity to hold this coin. waiting for the next move. check my update daily on this thread may be Shiba lovers will get this thread informative for them 

[coco23]

Hm I am not convinced that it will move up based on that chart alone. It could go very well down another 50%. Shiba Inu's marketcap is quite high, so it would need a solid reason and a lot of new money flowing in for a significant pump. Also now there is also APE around, so more competition on the Memecoin front. In the long run I don't think we will see a high number of Memecoins in the Top50

[crzy]

Wether shiba inu is trying to break this thread or not I'm in for a long term because this is just the perfect doge coin in my own word, shiba has what it takes to become the real internet of money we've all hoped for, it fits more than others.

The hype may gone for now but soon, if the price starts to rise again investors will come.
I also see a good future with SHIB consider that this is one of the best meme tokens today and many investors are also with SHIBA. If there’s a huge update and huge adoption for SHIB, expect for the price to recovers. Long term hold fo SHIB are more ideal to do for now.

[bitkanu]

Is this for real? Shiba inu has become a gem since last year and this time it has very big valuation like another altcoin as well. People have been calling this as a gem for long term but i have different opinion about this as shiba inu is not good for long term right now, for me this is not a gem anymore. The marketcap is so high and the product didn't seem solid product. It's full with hype but this time it's not even getting any pump again once elon was even creating a funny meme tweet about the doge tokens. Using TA was a good strategy to did analyzation but remember that the fundamental will become the main factor to make the tokens will be pumped again. I do know about  shibarium and this blockchain didn't seem good as well.

[24Kt]

Is this for real? Shiba inu has become a gem since last year and this time it has very big valuation like another altcoin as well. People have been calling this as a gem for long term but i have different opinion about this as shiba inu is not good for long term right now, for me this is not a gem anymore. The marketcap is so high and the product didn't seem solid product. It's full with hype but this time it's not even getting any pump again once elon was even creating a funny meme tweet about the doge tokens. Using TA was a good strategy to did analyzation but remember that the fundamental will become the main factor to make the tokens will be pumped again. I do know about  shibarium and this blockchain didn't seem good as well.

In all honesty, I also feel that this meme token can go down anytime without a warning. The foundation is quite weak for me because when I saw their thread here in the forum, it is like just a joke or something get-rich-quick-scheme project. But they are lucky that it was picked up by the community and hype up its existence. Otherwise, it will be long dead already. And yet, be very careful in getting involve in this meme token, especially if you are spending your hard-earned savings. I don't consider this as a gem also.

[bitterguy28]

Next GEM or Next TRAP?  Shiba Inu's time had expired already last year and now look at that coin ? what is the movement ? i hate to say this but SHIB seems to be having no future anymore , or maybe if being compared to Dogecoin? then for another years maybe there will be a chance in meaning? we must keep it hold for 4-5 years to taste that Being said GEM .

[Strongkored]

Next GEM or Next TRAP?

It is very likely that both of them next gem then become a trap because after that down without stoppable.
I still have it buying at a fairly high price and have experienced a decline more than 50%, have not thought selling it because the trading volume remains high and is still listed on many major exchanges.
Looking at current condition there will definitely be a lot of doubts on Shiba but it also happened to Doge a few years ago, so there is no harm in keeping it as long as the money used is not for important purposes so there will be no urge to sell when it goes down because it needs the money for important things.

[Reatim]

Next GEM or Next TRAP?

It is very likely that both of them next gem then become a trap because after that down without stoppable.
I still have it buying at a fairly high price and have experienced a decline more than 50%, have not thought selling it because the trading volume remains high and is still listed on many major exchanges.
Looking at current condition there will definitely be a lot of doubts on Shiba but it also happened to Doge a few years ago, so there is no harm in keeping it as long as the money used is not for important purposes so there will be no urge to sell when it goes down because it needs the money for important things.

agree , also if you are willing to risk for at least more years? like Doge as i remember the price stays too cheap for years , but last year? the value really boosted and climbed the highest value Dogecoin ever had.
so if we can keep the coins holding since the price is really cheap then yeah there is no hurting to take them with our folio for longer years.
Shib still Keeps its position in normal and the dumping did not go that low so i will still try to have a confident holding position for this coin(as i am also holding some few)

[peter0425]

I must join this belief , because I have bought Shiba Inu when the price is still pumping meaning i am more than 50% at loss now if i am going to sell so i rather keep it hold (since i bought this with confident and use the amount that i can afford to lose) with all this reason i  may be thankful once this becomes a GEM if lucky in the next couple of years.

Next GEM or Next TRAP?  Shiba Inu's time had expired already last year and now look at that coin ? what is the movement ? i hate to say this but SHIB seems to be having no future anymore , or maybe if being compared to Dogecoin? then for another years maybe there will be a chance in meaning? we must keep it hold for 4-5 years to taste that Being said GEM .

Gem or Trap ? who really knows? we cannot just assess the coin because of the recent movement because we knew that there might be changes in the future .

[JeffBrad12]

is not it shiba inu has become the main bet for the small token holders to become the next millionaire in the crypto industry? I would not be surprised if there are still people who have used this to be their main bet to make them become the next rich person in their dream. Saying a token with two digits billion marketcap as the next gem in altcoin industry is so bad. It has less room to grow more. The price already soared very high.
People have no chance to call that as a gem again. So, do you expect a meme token like this will be going to the trillion marketcap to compete with bitcoin or even apple?
This doesn't make sense. I would like to call this as a high risk coin rather than a gem.

[andyou1234]

I don't see the shiba inu as a gem in cryptocurrancy for the future, because I think this memecoin has pumped too high last year and its popularity has run out, this can be seen from the very large decline of shiba inu, and until now there hasn't been signs of the rise of the memecoin, even now there are so many coins that become gems in the future such as, NFT games, and the metaverse, I see crypto users are more inclined to invest with these coins than memecoins.

[Samurai trieng]

I think SHIBA INU is a memecoin that has a very high risk to invest in the long term, because the popularity of this coin has run out, this can be seen from traders and investors who have left Shiba Inu as an investment, I think currently the coin that has a great opportunity to become a gems in the crypto industry is the metaverse and NFT.

[5W-KILO]

Is this for real? Shiba inu has become a gem since last year and this time it has very big valuation like another altcoin as well. People have been calling this as a gem for long term but i have different opinion about this as shiba inu is not good for long term right now, for me this is not a gem anymore. The marketcap is so high and the product didn't seem solid product. It's full with hype but this time it's not even getting any pump again once elon was even creating a funny meme tweet about the doge tokens. Using TA was a good strategy to did analyzation but remember that the fundamental will become the main factor to make the tokens will be pumped again. I do know about  shibarium and this blockchain didn't seem good as well.

In all honesty, I also feel that this meme token can go down anytime without a warning. The foundation is quite weak for me because when I saw their thread here in the forum, it is like just a joke or something get-rich-quick-scheme project. But they are lucky that it was picked up by the community and hype up its existence. Otherwise, it will be long dead already. And yet, be very careful in getting involve in this meme token, especially if you are spending your hard-earned savings. I don't consider this as a gem also.

I pray it goes down like you said so that I can buy millions of millions shiba inu tokens you guys have no idea what this project will do in next 4years time I have a big hope on this project.

[el kaka22]

When we are talking about a coin that is hyped because of a meme, do you really think that charts would give you a healthy view? I have to say that it is not really as good as you think, and the only possible way for it to go up would be the market going up. I do agree that it is still connected to the market, so if bitcoin, eth, bnb and so forth all the market goes up 10%+ then there is a chance shiba could go 10% higher as well.

But, it will not move independently like it has no relevance. We are not going to see shiba skyrocketing suddenly when the market is stable right now. It will do whatever the market does hence why it is not a good investment, if I want market movements, I would buy bitcoin, much safer option.

[bittick]

it is already a gem among any other memecoins out there honestly it has really huge community base that it could always have trend of having bullish run out of nowhere could literally.
even the random mention of shib by some famous figure like elon could dramatically change the tide of the market so it’s surely couldn’t be called next-gem anymore because it’s already the most valuable memecoins out there.
instead i’m starting having doubts if shiba still have any potential left, i mean shibarium is great but the market capitalization of this altcoin or maybe you could call it memecoin already reaching billions.
Shiba is still lack of utility even when shiba dev rolling out more and more products.

[lepbagong]

I myself am quite appreciative of the existence of the shiba inu, which continues to be in demand and much liked even they already have their own community and with quite a large number, the community of this coin is very large (telegram group accounts, twitter and ig) with hundreds of thousands of followers and continues to grow , they call their community SHIBA ARMY. even the developer himself is very optimistic about the development of shiba inu which will be loved by many coin meme fans, and hopes that it will become a replacement for doge coin, although it may not be easy but a sense of optimism must still be built.

shiba inu with a good team, continue to innovate, shiba inu has accumulated a network of unusual initiatives,
collectible multiplayer card game commissioned by Shiba Inu to Australian video game developer Playside.
In addition to game development, production of the Shibarium level 2 blockchain is in progress. In addition, Shibarium will host the Oshiverse metaverse and other ambitious initiatives.
so many other projects are continuing and will be developed to be accepted by investors.
in addition to working with all retailers to be able to accept shiba inu as a means of payment that can be used.

so the prospects for shiba inu will continue and will even increase sharply for the next few months and years, optimistic that their developers will be able to make many who want to invest their funds in shiba inu.

[traderethereum]

I do not think of the Shiba Inu as the next gem coin and I do not think the price can rise to be very high but if the Shiba can indeed upgrade higher, that's a bonus for me.
At least I don't have high hopes to see the Shiba Inu jump to a higher price and it's pretty much the same as it was before Dogecoin went higher.
If indeed the Shiba Inu is going to be like Dogecoin, I can't imagine how long Shiba can increase and how much the price can increase.
So I'm still focused on other coins while Shiba is still in my wallet.

[litepool.ru]

To me, it's just as nostalgic as you say, and by my standards, it's no longer attractive to risk. Of course, many people are still looking for profit opportunities from it, but given the hype to get to where it is now, I haven't seen much special from it. Most people just hope when it took too much. Anyway, the market is very excited right now. Maybe we will have a new name appear.

[arifteguhr]

To me, it's just as nostalgic as you say, and by my standards, it's no longer attractive to risk. Of course, many people are still looking for profit opportunities from it, but given the hype to get to where it is now, I haven't seen much special from it. Most people just hope when it took too much. Anyway, the market is very excited right now. Maybe we will have a new name appear.

I also don't see Shiba Inu as a profit opportunity now even though there is a possibility to spawn a new memecoin with a similar name, but I still won't be easy to be attracted to a memecoin that only relies on hype when the market starts to improve.

[bussybuddy]

The hype about it is coming to an end. I think a lot of people will know for themselves if it's still good for them. I think current developments will have some hype to get the price back up, but honestly, like many people have said, we shouldn't get too attached to a product that evolves in tandem with FOMO. It's totally possible to bubble and explode, so be wary.