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Author Topic: shiba inu coin, now ranked 13th in cmc  (Read 466 times)
Yaunfitda
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January 24, 2023, 08:07:36 PM
 #21

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
They are just trying to be the next Doge in my opinion,

a. it might have been pure pump and dump
b. there is no fundamental with this coins

Of course in the next bull run, maybe the price will go up just like the last time But I don't think it's going to be sustainable. And usually as I have mentioned, pumpers are just going to play with it to make money and victimized noobs in the market, just saying.

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January 24, 2023, 08:15:45 PM
 #22

Soon you won't even see these shit coins even in the top 50 or I can say in the top 100. i think these shit projects don't deserve these spots, yes i know these coins build up hype collect market capital and on end return, good profits but dear fellows these projects destroy the real future projects as those projects which are changing and evolving the space around us get beaten by these shitcoins.

Consider the example a student who works hard the whole year and prepares for exams and in results he gets a B grade and a student who even not attended the classes gets an A grade does it seems fair?

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January 24, 2023, 08:56:44 PM
 #23

To be honest this meme token was still over rated based on my perception. All of products were being launched by shiba inu was failed. The fact that if shibarium will not have impact to the price of shiba inu too. This token is still alive due to the hype. It can down anytime if the hype will be gone. The correct thing should be this meme token called shiba inu has been placed around 13th at cmc. it's caused by solana and polygon were going up surpassing shiba inu. Protocol coin is far better rather than this kind of meme token.

You need to really look at the events taking place in the cryptocurrency market. Sometimes it is very difficult for even useful cryptocurrencies to remain competitive and grow in price. So these meme coins can only go up in price temporarily, and in the end they will all fail. I generally stay away from all these meme coins. They can be profitable for a certain period of time. But no one knows when they will dramatically lose their value. I prefer not to take risks, as there are many really potential coins that are worth paying attention to.

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January 24, 2023, 09:07:44 PM
 #24

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
That’s the risk you’re willing to take and maybe you have a better chance of making profit out of it. Meme tokens are still here and there’s a good chance for them to rise again in the next bull market. SHIB proves to be one of the best meme token today, so I’m pretty sure you’ll succeed on making profit with this. Just don’t go all in with SHIB and buy other altcoins as well so you can balance your portfolio, next bull run will be a big thing to SHIB.
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January 24, 2023, 09:30:55 PM
 #25

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
Increasing on their ranking is just the result of a better market, it may not guarantee anything but at least you're ready with that risk.
I know there's still a lot of hate with the meme token because of so many fake projects before but with SHIB, i think its totally different. Bull run might bring back the good old days for the meme token so there's a higher chance for SHIB to rise as well. Just keep on holding and wait for the next bull run, it might be worth it or not just be ready for that risk.

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January 24, 2023, 09:43:27 PM
 #26

~
It's all just a meme, landheer. Let's see how that coin would perform in these upcoming weeks. Pretty sure it just followed on how Bitcoin manage to get past 20k and some users would just go and buy the crap out of these meme coins.

I would never drop a single coin to Shiba ever even if it unrealistically surpasses Bitcoin in the ranks let alone any other meme coins out there. I had not invested money for hypes.
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January 24, 2023, 09:52:09 PM
 #27

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
That’s the risk you’re willing to take and maybe you have a better chance of making profit out of it. Meme tokens are still here and there’s a good chance for them to rise again in the next bull market. SHIB proves to be one of the best meme token today, so I’m pretty sure you’ll succeed on making profit with this. Just don’t go all in with SHIB and buy other altcoins as well so you can balance your portfolio, next bull run will be a big thing to SHIB.
Still saying DCA against this coin is something that I really have a hard time with. Regardless of the conditions they're not really going to make anything significant even if they're at 13 cmc at the moment.
You are only burning money by buying coins like this, even though there really is a pump and dump there, whether your money will last in the end is still very doubtful to do.

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January 24, 2023, 09:56:51 PM
 #28

I've heard that Shiba Inu has already been delisted by Binance (correct me if I'm wrong). If this is true, I was thinking that Shiba will lose its position and might it drop more. Considering that this is a meme coin, I'd never find any special thing that could help us to think that this project has potential in the future. Indeed, a hype project couldn't stay long in the market, I was afraid this will turn like Terra Luna and many others who have a good start but in turn scam in the end. I don't really be considerate of the position/rank but what I consider most is the value of the coin.

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January 24, 2023, 10:07:58 PM
 #29

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
I don't know why you are doing DCA in this kind of coin. Why not Bitcoin or other better altcoins like Ethereum? Shiba Inu has a strong competitor, Dogecoin which is also quite difficult to reach a brighter future, without any hype. If I were you, I will stop here in investing in the Shiba Inu and move to Bitcoin which has a clearer future to be brighter. Well, although we don't know if Shiba Inu will have a good future or not, this seems like gambling moreover if your consideration is only based on the rank position in CMC. You know how many altcoins are falling down although they are in the top 10?

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January 24, 2023, 10:22:18 PM
 #30

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

Your explanation of their ranking on cmc is not very good.  I can go year by year and show you that doesn't mean anything.  Shib rose from meme fame on the heels of doge.  It's a useless token amd ran up from the fad.  Next bull run will be another fad and all these meme coins will slowly fade as people one by one exit theor bag holding position.

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January 24, 2023, 11:52:01 PM
Last edit: January 25, 2023, 12:48:24 AM by Ahli38
 #31

As long as you 0P do it knowing the risks you are taking. then I think it's your right to buy any coin altcoin or memecoin. But at least you buy Shiba which still seems to have quite a lot of trust out there. because if we look at the MC of the Shiba inu which is quite big. so of course it was still ranked 13th CMC when you created this topic. But now it has dropped to 14th.
The recent rise in Shiba inu was because there was indeed news about the upcoming launch of the Shibarium network. However, it has not been explained when the exact release date will be. and a few days ago Shiba experienced a high surge in the impact of one of the largest exchanges from South Korea, namely Upbit, which supports SHIB fiat transactions on the ERC-20 network. As we know, any coin related to this Exchange always experiences an increase or hype.

But I think if we enter into memecoin then if we feel we have gotten enough profit then we can start taking profits. DYOR.

I also have several altcoins that I hold to speculate with very, very cold money and money that is ready if I have to experience a loss. and SHIB is in one of the lists in my portfolio. But I do not specify this for the long term. I'll just hold onto it until I get enough profit. because for the long term I only do it in Bitcoin.
We must not be too greedy in memecoin types. because it has a greater risk than other altcoins. so if you already get the profit then selling it is a good thing.

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Stella Mese
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January 25, 2023, 12:34:45 AM
 #32

it seems that many are not supportive of shiba inu coins, but in reality if you look at the market there are very many who buy and make big profits from shiba inu coins ,,
but in my opinion this shiba inu coin if for the long term it doesn't seem suitable, at most it can also be used for short term investment. but of course we won't know in the future,
because price movements are very difficult to predict.
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January 25, 2023, 01:08:35 AM
 #33

Ranking on coinmarketcap is nothing. It does not show the real potential of a project, that is hourly, daily and weekly top of trading volumes. All the crypto games are not even on first pages of that top. The position of this top can easily be changed and influenced. With enough funding, even a total scam altcoin, with help of pump and dump, can get to a higher positions. Also, take a look on coingecko.com top. Shiba Inu is on 15th place, while it is on 13th on cmc. The position is relative. You might find different cryptocurrency price aggregator, and Shiba Inu will be on a different position there.

Your answer is correct and I agree.
but in my opinion seeing that shiba coins are in a good ranking, it makes me sure that shiba coins in the future will increase in price and I predict that shiba inu coins in the future have the potential to increase, up to 1000%. and in altcoins usually the pumps are very good. but of course investing in shiba inu, this will be a big risk. but in my opinion, don't be too afraid because of the risk, if you want big profits.
Fundamentals Of
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January 25, 2023, 01:26:54 AM
 #34

I don't see so much potential for this coin. First, it is just a meme coin. Second, it is nothing but an imitation. Third, it is thriving on hype. But I'm not saying you cannot earn from the opportunities this coin is giving. But you need to remember that it has already multiplied many times. It has already risen through the ranks. What will happen when the hype of this meme coin is over? Take note that top altcoins come and go. One day, this will also be forgotten. So make everything short-term when dealing with Shiba Inu.

I remember the days of Emercoin and maidsafecoin in top 10 CMC

I can only remember Emercoin. I forgot about Maidsafecoin. But who can forget the likes of NEO. I can also remember NEM to be another strong altcoin project that was also in the top for some time. They are all gone now. They are not anymore near the top 10.

I am sure that this is also what will happen to Shiba Inu years from now. Most of the altcoins are not coins that are worth hodling for many years. Especially those coins that are clearly just a passing trend. That includes Shiba Inu and the rest of the meme coins following the path of Doge.
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January 25, 2023, 03:48:04 AM
 #35

I don't think that this meme coin can stay in the top list on CMC nor crypto market for long. sad to say that the price of these tokens has been manipulated by whales. if you still have this token then my advice is to sell it immediately while there is a chance, for me personally, shiba tokens are not good for long term investment.

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January 25, 2023, 05:10:40 AM
 #36

The whole crypto ecosystem has been brainwashed by elon, his stink with doge coin has mad the whole world go boonkers.

What makes a project have value is it's utilities, now imagine a coin with none just buying and selling nft or with a large army hyping it as the Eth k**ler or stuffs like that. These days I only invest in projects with proven track records or potential utilities.
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January 25, 2023, 08:23:59 AM
 #37

There is no guarantee for memecoin and this is your choice. I also have a few shiba inu that I keep for the long haul. Shiba inu is a popular memecoin after bitcoin. The price has also increased dramatically and reached a pretty incredible ATH.
But holding memecoin like Shiba inu, Doge certainly has a big enough risk. Although being ranked 13th CMC is not a strong guarantee. Because Terra LUNA alone is ranked in the top 10, cmc can fail and go bankrupt, not to mention that it's just memecoin that collapses easily.
The important thing is to be sure and the project is still being developed, it can still be a good hope for the future.
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January 25, 2023, 10:49:09 AM
 #38

If you believe your Shiba Inu can get a really high rise, you can go for it anyway but I hope you know why you bought a Shiba. Many of us invest in bitcoin and some altcoins as an alternative and it seems that Shiba is still the choice for some as a second investment. I don't know how Shiba's future development or potential, but maybe Shiba still has that and is still waiting for the right time to improve.

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January 25, 2023, 11:24:12 AM
 #39

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...
Shiba inu not much potential yet. yes it is top 14 ranked now in cmc.  Shiba inu have a huge supply and it has good price still Due to this its marketcap increased automatically and it reached top 14 for highest marketcap. But even if it is in the top 14, I don't think it is a potential token.  And am I personally not ready or interested to invest here. Because it can be a big crush at any time


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January 25, 2023, 12:49:20 PM
 #40

I would say it was great news for their investors who actually were hopeless after hearing the issue of FTX as they have the chance to sell them and earn some profit. But I don't think they can still afford to reinvest after securing their funds today. We might witness its huge pump these days but couldn't expect as well that it stays in this position and price increase. Because what I've thought about this time is the possible huge drop coming after the investors dump their Shiba Inu for another investment.

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