Shiba Inu pumping , why? Hold or Sell?

[gunhell16]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

According to the Binance exchange record, the value of SHIB increased by 34% within 24 hrs. with a volume of around 284M(BUSD)plus, those who bought below 0.00001$ of SHIB only won. Now, what is the reason why it is always rising, it means only one thing, SHIB manipulators want to hype the community to encourage it to buy it until they achieve the target and once they get the amount that they want then they will sell a lot which in turn will suddenly decrease its price again. And based on what I see in its chart, its value will gradually decrease and return to its normal resistance on the platform. But this is just my assessment.

We’ve seen a great green candles in cryptomarket in general and not just with SHIB, probably because of the hype and that’s why its price started to pump again for at least 20%.

This is a normal scenario since we came from a bear market and since SHIB has a huge community hyping the project, that pump is pretty obvious. Don’t get hyped by the trend, try to analyze and if you are able to bough at a cheaper price then taking profit might be a good idea.

And we know that if that happens, it will only be temporary and then the movement in the exchange market will return to normal resistance. So it's likely that some of them will sell now or some of them will hold for a little while, but the decision in this matter is still yours. Good luck...

[Tony116]

20 million is the exact amount I am holding as well.....

1. Shibarium is coming
2. Mainnet
3. Shiba game is completed, release is soon too. (Shib eternity)

Go to twitter to read more

Will start taking it a bit more seriously. Seems like a lot is going on - what price you think it will hit realistically next bull run?

I think it's up to you to decide, dig deeper into shiba and then decide, as @Tayeon said there's a lot of good things coming to shiba tokens.
In the event that you are already making a profit after holding for a period of time, it is not a bad idea to take partial profits. I also hold Shiba but it's my short term investment so when I hit the profit I set I will take profits, and maybe wait to buy back after it corrects. This is just my opinion.

[cryptobadshah]

Whether it's Shiba Inu or another crypto investors should avoid volatile cryptocurrencies Investing in a poular coin to become a crypto billionaire overnight may seem appealing but htese invstments can be dangerous cryptocurrency is risky cryptocurrency invetments never guarantee profits or losses Meme currencies are volatile and unsafe say experts Its ascent to stardom was quick so its fall is uncertain Investing in meme coins may not be the best decision if you want a more steady investment and hold meme coins like shiba but the best manage your profits in time.

[Lantind]

You should take steps to sell when you have the opportunity to earn, shiba inu are no longer popular nowadays, a lot of hype is used to keep them talking about, you should take steps to invest in potential coins, so that the capital you have can be maximized on other coins.
Or if you are the type of person who likes memes, this coin can also be used, meaning sell it first and buy it back when the coin drops.
Wouldn't this benefit you too?

[Cuda911]

It's really hard to say, everyone expected 10k per one BTC and we are now fight 25k resistance, if you sell your shib and the price surge even more you will regret, to avoid not doing anything you can sell some part.

[Frengki_cisco]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

I've noticed the meme coin every time ATH happens, I think the meme coin is just luck, remember not all meme coins are lucky, they can be counted on the fingers, Shiba is one of the memes that people talk about a lot nowadays, but i'm not sure shiba can skyrocket, the factor is investors, to boost shiba it takes some big investors, otherwise don't expect it.

[bounceback]

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

When you invest with meme coin then I think you should immediately release it when there is a pumping of the price and take profit because with meme coin we never know how it will grow in the future even though SHIB has a large community but the coin is not based on fundamentals so it is a bit dubious to make it an investment long-term.

[ethereumhunter]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

No one knows why the price can get a pump but it happens a lot in the crypto market and can happen to any coin. So you don't have to feel weird because it's possible that other coins will get the pump once the Shiba Inu gets the pump.

If the price of the Shiba Inu can increase several times the price you bought it for, you can sell a portion of the total number of Shiba Inu that you have so that you can withdraw the profit for you to invest in other coins. Shiba Inu itself is still on its way to completing every planned process, and it all takes time to achieve. So you better decide for yourself after doing some consideration.

[asriloni]

It's really hard to say, everyone expected 10k per one BTC and we are now fight 25k resistance, if you sell your shib and the price surge even more you will regret, to avoid not doing anything you can sell some part.

Selling some may best rather than only waiting for doing nothing. It can even retrace anytime. People must not be stupid enough for that. I meant if you must also realize the fact that if market still remain unstable for now. This time it was getting pumped but it will be going down again after the whales have been done with the pump. We know that if shiba inu has been dominated by the whales. It was triggering by the whales to create a pump.

[Ziskinberg]

There are some updates posted on Twitter recently about the Shiba game and they expected to release it soon might be due to this news Shiba pumps or maybe some whales bought Shiba. I think one should hold it but set some targets to avoid greed. It's a meme coin still it has the potential to rise further as the Shiba Dev is quite active.

Social media is somewhat gives a huge influence in this situation. People who rely on social media will simply think that this is a chance for them to become rich instantly making way to have a massive buying demand. But, I was afraid for the incoming, I wasn't sure how long this spike may end, or if might it give surprise them -an abrupt change of its direction is clearly possible.
We should be cautious with this, manipulations are very brutal and risky.

[smartaction]

Shiba inu now slowly pumping but I don't consider SHIB token as a good token.  So according to me if you are in profit after buying shibs then you should sell your shibs.  And invest your money in a good coin like Ethereum , Polygon , Solana etc . I'm not forcing you to do this.  I'm just giving my opinion.  The rest is up to you.

[yazher]

Don't be too greedy maybe that's the right word to describe it, shiba just wants to build the hype that's happening right now, remember we're still in a bear market so I assume this is just a temporary pump. I hope I'm wrong.

If he can sell some of it, that would be great because sudden pumps like this are sometimes a trap and you might not gonna see it again, so it's better to take advantage of the current situation to gain some decent amount of income rather than wait for the right time to sell it all at once. They have some major updates coming on but that's not guaranteed to increase the price as soon as they implement it and to be able to get your capital from selling some of it right now, is the best decision you could ever make.

[blockman]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

Nobody really knows the future. Some meme coins could pump as high as it was before but most of them won't be even going to the half that they've got during the bull run.
If it's just a spare money that you're holding with shiba then you decide to just leave it alone and do some other things and forget about it. Or if you're too happy with the profit then just take the cash and do what you like or reinvest it somewhere else.

[lepbagong]

Honestly, I'm not really interested in this token, because the supply is so large that it makes me reluctant to invest there, and a few years ago many, people were disappointed with the decline for no reason, that's why I don't want to take the risk in the future, if someone still holding it should sell it, or disappointment will happen again..

It's a natural thing for anyone to do, including you, my friend. because no one will dare to speculate with meme coins to be used as investments, including Siba Inu. but we also can't turn a blind eye to what the shiba inu has done, because they have a community that fully supports what shiba inu has done so far.

as you said about the very large supply, that their community has burned part of their property to be able to reduce and make the shiba inu stable, not to mention the current innovations and the development team are constantly trying to develop the shiba inu.
Indeed, until now it has not been seen from what he has done, because the situation is not good.

but everything is returned to the individual because no one can intervene with the action to be taken. everyone clearly wants to get the best for himself, so everyone can manage it and don't need to be dazzled by other people's analysis.

[masterrex]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

IMO, I think you should hold and forget it for a while, and who knows it might be the next Dogecoin in the next 3 years Anyway based on what you are saying it was the smallest position in your portfolio so why not let it sleep there and gamble for another 3 years let us see what will happen next but it's your call mate then it's up to you.

[TastyChillySauce00]

If you are talking about years from now and yeah that may not reliable anymore caused by the price can change anytime. There are two possibilities. The first if the price may go up even higher and the second answer must be if the price can go to the bottom.
I think that if we must thinking use our sense. Shiba inu has experienced a very big growth since a last year and it seems like if bullish trend will be coming again and that will be pumped so high.

[bigjuk]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

You better sell the shiba, it's a misleading pump, I've been selling meme coins for a long time, there's not much to expect for a coin like that, don't think big profits buying cheap coins, you are really unattainable, think about potential crypto types like Bitcoin, Ethreum and BNB.

[TribalBob]

sell some of your shiba, assume you have secured your initial funds, if you still believe in shiba further you can add to your portfolio when shiba experiences a decline since the last pump

[posi]

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

My advice is not to sell shiba coins even though the price has started to rise. shiba coin is a meme coin that has potential and is very worth holding for a long time, one day I am very sure the price of shiba will go up drastically, if you sell it now you will regret it later.

I dare not say that holding Shiba for a long time will be very profitable, because it is difficult to predict the future of a coin other than bitcoin, especially for memecoins, often judged as having no utility so the future is unclear. Holding Shiba will be no problem as long as you only invest in it with money that you can lose, or in my opinion should take partial profit to preserve capital and profit we can hold long term without too much pressure.

[virasisog]

Shiba has been pumping because it's being hyped most of the time. There are lots of latest news and updates about it which affects its price positively. When it comes to selling, things will depend on your target goal. Sell when you think you could gain profit but hold when you aren't going to have a return on investment. Shiba still has to go through but it's a good thing that it's moving and pumping even a little.