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Author Topic: Is Shiba Inu still worth it?  (Read 1373 times)
barhavsky
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April 21, 2023, 06:39:59 AM
 #161

I have 20 million but haven't bought any for over 6 months as I only bought at the time as I was fairly new to crypto and it was low compared to its all time high but I now understand market cap etc.

With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.

With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?

don't take the risks and make you lose your money by investing in Shiba Inu, because it's better for you to invest in Bitcoin or Ethereum and of course it's safer than investing in Shiba Inu, then I'm also sure if you will definitely get a big profit if you invest in Bitcoin or Ethereum for the long term.

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April 23, 2023, 11:26:22 PM
 #162

If you are ready for the risks, you should hold for as long as possible. Many people think that memecoin is dead and this trend will never be used again. But they forgot one thing dogecoin even existed before the top altcoins today and is still used more than the altcoins we call potential, like EOS and LISK...Investing in memes is a big risk, but if you choose the right project, its returns can help you retire earlier than expected. As long as the crypto market remains manipulated, memecoins will always be the preferred choice of market makers. Shiba and doge are coins that we should have some in our portfolio to try our luck.

Big risks = big rewards. If you're up to the game, then "meme" coins are for you. Otherwise, I'd suggest you look elsewhere. To be honest with you, Shiba Inu is just a "failed attempt" to catch up on Dogecoin's past success. You simply can't beat the real thing.

DOGE is the original "meme" coin, so there's high probability it will last a lifetime. I can't say the same about SHIBA, especially when it doesn't have its own Blockchain network. But at least it's a fun cryptocurrency to "play with". Maybe someday Shiba Inu will have a Blockchain if its own? If developers separate SHIBA from ETH, while they start burning the supply, market prices could go all the way to the moon. No one can predict the future, so let's hope for the best. opinion Smiley

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April 23, 2023, 11:30:42 PM
 #163

it is still worth investing, the fact that it still retains trading volume and big market capitalization means it's still pretty much alive but i guess it will be different when we are talking about the potential.
as far as I know meme coins nowadays, are still alive but with the help of elon shill, prominently coin like doge, but all the attention shifted towards L2 meme coin right now
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April 24, 2023, 01:28:08 PM
 #164

The Shiba Inu is a memo Coin that surprised many investor's early last year, which was unbelievable that Coin can change game overnight without being told, and after the Shiba Inu coin pump, it shows that every cryptocurrency has a potential in difference way of the creating in white paper and community behind the project are also create an impact, which Shiba Inu still worth to take and cancel more zero as a result of appreciate or adding value's.

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April 26, 2023, 01:37:55 PM
 #165

It is impossible to say exactly how much the market capitalization of Shiba Inu may grow in the future. However, it is important to understand that the cryptocurrency markets are highly volatile and subject to rapid changes in price. In addition, the release of new designs and updates may affect the price of Shiba Inu and other cryptocurrencies.
In general, the decision to buy or sell Shiba Inu or any other cryptocurrency should be based on a thorough analysis of risks and potential rewards, as well as individual investment goals and strategies.
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April 26, 2023, 02:08:01 PM
 #166

I have been holding the Shiba coin for a long time, the price of Shiba has not yet moved. I was desperate to let go of the Shiba coin, but a friend suggested that I continue to hold the Shiba coin. I hope that in the future the price of the Shiba coin will have good movements.

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April 30, 2023, 02:07:53 PM
 #167

I think currently Shiba is no longer worth it. I'm not thinking about investing in Shiba for now. Yesterday I read an article on Bitcoinist stating that a whale has added about 150 million shiba to hold. That is great news but I don't think it will make Shiba comeback and hit the moon once again.

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Road21Bitcoin
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April 30, 2023, 02:50:37 PM
 #168

The price of Shiba Inu is still at $0.00001023, a stagnant movement, but we don't know when the price will skyrocket again. The highest price was on 10/28/21 at the price of $0.000079 if I'm not mistaken. It's a choice if you will let go and buy other altcoins or hold until it multiplies. If not, why not buy some Shiba Inu shitcoins or meme tokens for fast profit.
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April 30, 2023, 04:01:30 PM
 #169

I think currently Shiba is no longer worth it. I'm not thinking about investing in Shiba for now. Yesterday I read an article on Bitcoinist stating that a whale has added about 150 million shiba to hold. That is great news but I don't think it will make Shiba comeback and hit the moon once again.
The moment the shib inu coin hasn't had any positive impact on the price increase potential in Q2 of the year, but there's a new meme coin on the arbitrum network is bullish and all traders' attention is hunting for profits on Aidoge coin, but don't ignore the current low price of Shib coin because shib is still a coin potential for significant upside though in the optional coin list for the choice of coins in the portfolio.



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April 30, 2023, 04:10:57 PM
 #170

The price of Shiba Inu is still at $0.00001023, a stagnant movement, but we don't know when the price will skyrocket again. The highest price was on 10/28/21 at the price of $0.000079 if I'm not mistaken. It's a choice if you will let go and buy other altcoins or hold until it multiplies. If not, why not buy some Shiba Inu shitcoins or meme tokens for fast profit.
The Shib price does not recover following the Bitcoin market price so the recovery of the Shib coin price will stagnate and even tend to decrease, I think don't expect too much for ATH price speculation, it will even be difficult to recover to reach half of the highest price, but there is no definite prediction of the meme coin because at the moment the coin meme trend has increased so the price will instantly recover to reach the highest price for several days.
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April 30, 2023, 06:19:08 PM
 #171

shiba inu coin meme which is talked about a lot maybe because coin shiab is already on the binance market and until now even though coin shiba hasn't moved yet coin shiba still has trust from investors at this time there are still many investors who hold shiba voins, even though there are many in this forum who said voin shiba is not worth investing in but I'm pretty sure that guy kept shiba in his wallet.

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May 11, 2023, 10:33:53 PM
 #172

I doubt if shiba inu is still worth it to investing, especially now that it seems meme coin is no longer popular and hype anymore, so maybe the price will be difficult to increase very high (reach its ATH price), therefore I suggest you not to invest in meme coin at this time, because it is very risky to be an investment.

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May 11, 2023, 11:20:56 PM
 #173

I doubt if shiba inu is still worth it to investing, especially now that it seems meme coin is no longer popular and hype anymore, so maybe the price will be difficult to increase very high (reach its ATH price), therefore I suggest you not to invest in meme coin at this time, because it is very risky to be an investment.
same opinion like me, shiba inu rarely mentioned nowadays, trend has shifted, elon also has put attention to some other coin like the current milady which of course gained massive attention from that. I doubt any other meme coin could go up without his supports.
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May 12, 2023, 04:40:30 AM
 #174

I have 20 million but haven't bought any for over 6 months as I only bought at the time as I was fairly new to crypto and it was low compared to its all time high but I now understand market cap etc.

With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.

With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?

don't take the risks and make you lose your money by investing in Shiba Inu, because it's better for you to invest in Bitcoin or Ethereum and of course it's safer than investing in Shiba Inu, then I'm also sure if you will definitely get a big profit if you invest in Bitcoin or Ethereum for the long term.
I think that almost everyone is not sure that coin memes will be able to provide the best for those who invest in it, although it must be admitted that Shiba Inu is very good at developing things, because the community is well maintained and always provides support in one way is to burn some coins owned in order to contribute to the shiba inu.

there is a term that has been coined that if you do it with a big risk you will get a big profit too, is speculation on shiba inu also profitable? if I have an opinion for the long term, obviously not, but for the short term, I believe in that, let alone approaching the halving period.

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May 23, 2023, 10:34:32 PM
 #175

if in my opinion shiba inu is never worth it, because shiba inu goes up just because when meme coin is hype and after that I believe all meme coin are no longer worthy of investment especially for the long term investment, therefore than you invest in shiba inu, then I prefer you to invest in ETH, BNB, Matic or XRP.

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May 23, 2023, 10:51:06 PM
 #176

if in my opinion shiba inu is never worth it, because shiba inu goes up just because when meme coin is hype and after that I believe all meme coin are no longer worthy of investment especially for the long term investment, therefore than you invest in shiba inu, then I prefer you to invest in ETH, BNB, Matic or XRP.
in my point of view, these coins aren't really worth the investment because simply put they've reached their peak potential, the only way they could go up only if there is bitcoin rally, even shill from elon nowdays aren't as impactful.

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May 23, 2023, 11:52:13 PM
 #177

if in my opinion shiba inu is never worth it, because shiba inu goes up just because when meme coin is hype and after that I believe all meme coin are no longer worthy of investment especially for the long term investment, therefore than you invest in shiba inu, then I prefer you to invest in ETH, BNB, Matic or XRP.
We are converting more assets to popular coins than meme coins, shiba coins have fallen far from their highs due to market effects but meme coins are not guaranteed to recover to the market to increase again, so that point is very worrying about meme coins because investment interest will decrease at any time, because meme coin investors will recover assets on top coins when the market is experiencing a high correction
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May 24, 2023, 12:08:08 AM
 #178

if in my opinion shiba inu is never worth it, because shiba inu goes up just because when meme coin is hype and after that I believe all meme coin are no longer worthy of investment especially for the long term investment, therefore than you invest in shiba inu, then I prefer you to invest in ETH, BNB, Matic or XRP.
but as much as shit these meme coins are honestly, they still have billions liquidity in their arsenal which is not something that could be underestimated.
mainly it just means that they hardly just vanish into thin air like that. more over the fact that they still live until today, even going through the great correction occurred because of some company collapse just means
that they are actually quite strong in withstanding the change of cycle and also means that they could be suited for long term investment, the only thing holding back everyone that could make everyone rethink their decision is whether this coin has already reached its peak valuation.
but overall, these meme coin always have the chance of losing their value overnight.

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May 24, 2023, 03:47:43 AM
 #179

The value and potential of any investment, including cryptocurrencies like Shiba Inu (SHIB), can vary significantly and are subject to various market factors.

Shiba Inu gained popularity as a meme-based cryptocurrency, similar to Dogecoin, and experienced significant volatility in the past. While some investors may have seen substantial returns during certain periods, it's important to consider the inherent risks associated with highly speculative assets. Cryptocurrencies, in general, can be highly volatile and subject to market sentiment, regulatory changes, and technological developments.

Before making any investment decisions, it's crucial to conduct thorough research, analyze the market conditions, and assess your risk tolerance.

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May 24, 2023, 04:35:01 AM
 #180

Well $100 billon market cap is difficult to attend, USDT and BNB the third and fourth largest coin are there yet currently not to talk of Shiba Inu, though I have some few amount of tokens but i still feel for shiba inu to attend higher price, the team have some token burns to do, I believe when they burn more tokens, then the price will start moving up and make some X

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