Is Shiba getting rugged like Luna?

[Maestro75]

I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.

Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html

[d3nz]

This kind of news is very alerting for those who invested a lot in Shiba. The best option now is to have a plan on how you can manage your holding and avoid getting rekt. It is really hard to lose your investment in case of a rugged pull.

I didn't invest in Shiba Inu since it's a meme coin which I am not a fan of. It would be much better to invest in altcoins that have products and check the chart if it's going upward since day one it gets listed on exchanges.

[mr_enoc]

OMG this is actually a red flag for Shiba Inu investor like me. Please do not dump Shytoshi. I am holding my Shiba inu since last year and keep buying this coin everytime I got my salary.  Should I sell because of the news?

I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.

Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html

[passwordnow]

I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.

Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html

Yes!
That's a total red flag and there's a reason why he's doing like and one could be, that he doesn't want to leave a trace from his tweets so he's deleting all of them.
Well, Shiba is just another meme coin and its hype was done and the value has become lower after hitting its ATH. Still, there are plenty of its investors that help it to remain at the top spot and that's for sure going to alarm all of them.

[btc_angela]

But there are still an official Shib twitter account?

https://twitter.com/Shibtoken

Anyhow, we will soon find out why the CEO deleted his tweets and seems to be erasing his footprint. Who knows, maybe he really wanted to be anonymous like Satoshi to create a enigma about his project and then create more hype about it and continue to flourish even in this bear market.

[Johnyz]

But there are still an official Shib twitter account?

https://twitter.com/Shibtoken

Anyhow, we will soon find out why the CEO deleted his tweets and seems to be erasing his footprint. Who knows, maybe he really wanted to be anonymous like Satoshi to create a enigma about his project and then create more hype about it and continue to flourish even in this bear market.

We will see in the next coming days, this could be a warning to those who are still holding SHIB.
What can you expect for a meme token that only pumps because of the hype? Well, I was able to ride some trend with SHIB and made good profit but for me, this is indeed too risky to hold for long term even before the dump of LUNA, you can easily say that SHIB is just a meme token with no purpose in this market. Be careful to hold your SHIB!

[Questat]

It is naturally alarming on the side of the holders and Shiba investors but still, I'm not sure if the tweet been made is coming from the real owner of Shiba Inu pr someone who is fake. We know social media can easily be played and tricky, in fact, in many cases some Twitter accounts have been hacked, we can set this aside because we know that Shiba Inu is just about to start building its reputation and also the trust of the community.

[NewRanger]

This kind of news is very alert for those who invested a lot in Shiba. The best option now is to have a plan on how you can manage your holding and avoid getting rekt. It is really hard to lose your investment in case of a rugged pull.

we have to concern will all possibilities that may happen in shiba with current condition , CEO account will have huge impact to market sentiment . investors will have big question what actually happen to this projects, is it will rug pulled  or another thing will come. maybe exit for a while will be good decision , structured fud will come soon.

[masterrex]

IMHO, I think everyone knows since the very beginning that Shiba Inu is just a meme coin right, and it is very clear that it has no real use cases because it's just a meme coin, thats why it's obvious that it has also no organic demand and thats the reason why the Shiba Inu price is very unstable as we observe even in the bullish market trend because without the hype pushing it Shiba Inu was nothing.

So what can we expect? It's highly possible that anytime soon the Shiba Inu token price might go down to zero just like what happened in Terra Luna. so watch out guys because if that article is true that was a huge red flag and it was a very alarming sign!   

[JeffBrad12]

The chart is quite stable but i just wanna try to remind you if that's almost impossible for this to become another shiba inu. CEO of shiba inu has no premined token and how can this become another scam or rugpull? Remember about the tokenomic of shiba inu is quite different with the luna.
I think that shiba has no chance to be another rugpull. All of tokens in the circulation already fully distributed fully proportionally to the hundreds thousands of users.
Im not seeing if this will become another luna that will come in the future. CEO of shiba has no power other than holding the secondary token of shiba platform

[yazher]

You guys need to know that meme coins are meant to be like this at least most of them because their road maps don't really make sense at all. apart from being an entertainment token, what else can you do with their it? nothing is right and right now they're running out of ideas since their investors know exactly where they heading after failed attempts of their promotions which is not really helpful at all. After Shiba Inu success, there are lots of tokens created like it, and with this news, they will gonna crash as well because the tokens their mimicked are no longer the same as how they used to be.

[alisonwonder]

The chart is quite stable but i just wanna try to remind you if that's almost impossible for this to become another shiba inu. CEO of shiba inu has no premined token and how can this become another scam or rugpull? Remember about the tokenomic of shiba inu is quite different with the luna.
I think that shiba has no chance to be another rugpull. All of tokens in the circulation already fully distributed fully proportionally to the hundreds thousands of users.
Im not seeing if this will become another luna that will come in the future. CEO of shiba has no power other than holding the secondary token of shiba platform

So far the price of the shib has not rugpulled even though news about the CEO has been circulating in the media, so it's actually not too bad even without a CEO because the shib will have the potential to be like the development of Bitcoin. But because of the coin meme concept we need to review the details of the Shib price volatility. if there is no worst case for Shib prices because my previous prediction the price will go down after negative news, but shiba army holders are still optimistic about price increases in the future.

[mdzahed134]

Shiba Inu is a meme coin although right now it’s a biggest project, like it's around seven billions of dollar market cap. But i wouldn’t like to invest in such project, sometimes i trade with it for the short term. If this news is true then i think it’s definitely alarming if shiba owner's deleted his old history on twitter. So this coin holders should be careful, because where a biggest long term project luna was dead within a few days.

[jrrsparkles]

I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.

Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html

I don't know about this actually so thank you for sharing this, yes its big alert for the holders and if the market acted normal to this then someone is behind this so we can expect something big is coming up which can be the next big scam in the cryptocurrency market or the coin is moving to the next level like doge when the creator itself lose hope and sold all his holding but then doge became too big to imagine.

[usekevin]

Shiba is not like a luna, because Shiba had a potential.Now market was in the dump and bearish.So all the coins price was reduced,it may also reflected on the shiba.Luna was the less potential coin, people are cash out all the luna to bitcoin and Usdt.Now almost huge people was in the loss of the dollars.The luna was the hugely responsible for the lack of price in all the crytocurrency.Kindly don't compare the shit luna with the good potential shiba.

[Jackl87]

I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.
Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html

I don't invest into meme-coins (because they are shit-coins for me) therefore i don't really follow the news regarding Shiba Inu that closely. I think though that the founder of Shiba Inu should be a pretty well known man by now as Shiba Inu was the most successful one among all those hundreds of second generation meme-coins that came out in the last months, so i don't think that deleting all social media posts would not really help him to disappear.
That is why i don't think that this is a sign for a rug-pull that is coming shortly. I also think that a complete rugpull is not even possible anymore with Shiba Inu, as it is also listed on centralized exchanges by now. Of course if the founder of Shiba Inu would dump all of his tokens at once then this is pretty much the end of the project too..rugpull or not.

[|MINER|]

Shiba is not like a luna, because Shiba had a potential.Now market was in the dump and bearish.So all the coins price was reduced,it may also reflected on the shiba.Luna was the less potential coin, people are cash out all the luna to bitcoin and Usdt.Now almost huge people was in the loss of the dollars.The luna was the hugely responsible for the lack of price in all the crytocurrency.Kindly don't compare the shit luna with the good potential shiba.

Dude, Luna was a lot of potential coins before the incident, it was among the top ten cryptocurrencies. In that case, Shiba Inu was far below it.  The position you are looking at now may not be the same maybe it carries the this message, by delete the owner's tweet.  It can also become like Lunar who knows  . So those who have invested here for long-term, save your funds before the time end . Stay in to short-term

[JeffBrad12]

The chart is quite stable but i just wanna try to remind you if that's almost impossible for this to become another shiba inu. CEO of shiba inu has no premined token and how can this become another scam or rugpull? Remember about the tokenomic of shiba inu is quite different with the luna.
I think that shiba has no chance to be another rugpull. All of tokens in the circulation already fully distributed fully proportionally to the hundreds thousands of users.
Im not seeing if this will become another luna that will come in the future. CEO of shiba has no power other than holding the secondary token of shiba platform

But because of the coin meme concept we need to review the details of the Shib price volatility. if there is no worst case for Shib prices because my previous prediction the price will go down after negative news, but shiba army holders are still optimistic about price increases in the future.

The founder has no control over SHIB token but im sure that if they are fully controlling another token that used in the shiba platform. Basically, shiba inu was a meme token that driven by the community but since the developers (include ryoshi) wanna change the image of shiba inu and the development to bring utility to shiba was coming. It seems this is not running so good as what they have expected before. The hype that brought by shibarium was not so big as well.
So it's too early to judge if this will become a red flag. We shalll at least waiting from the community to respond it

[bhooscream]

Shiba is not like a luna, because Shiba had a potential.Now market was in the dump and bearish.So all the coins price was reduced,it may also reflected on the shiba.

Dude, the issue isn't about the price but the founder deleted tweets/blogs. This is a strange activity made by a founder, this may indicate a rug pull or scam. Sure, the price must be affected once investors know this, most of them probably prefer to cash out. I am worried that many SHIB holders will sell their coins immediately in the next few days/weeks. So, what is SHIB potential now? There is no potential if the SHIB founder leaves this coin.

[LouVandetta]

I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.

Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html

Better be carefull with shiba inu then, that thing screams a big red flag to me. Even a coin like Luna could crashed like that, shiba could as well.
When the founder is trying like to erase their existense by deleting their tweets or any of their activities, that's seems sus enough. Shiba is a meme coin, right? Not saying a meme based projects are always bad and not worth the investment, but just need to be very carefull when you want toinvest on some of them. Still, Shiba was one of the most successful meme-coin as of now, and the risk is always there no matter how good a coin looks like.