Shiba Inu token, is there a future for this?

[Ultegra134]

I believe that this topic fits better in the altcoin discussion section, but anyway. I'm personally not fond of altcoins; I've never really bothered with them, and any involvement has been through Binance's launchpool projects; otherwise, I wouldn't invest in any. From how I see things, some provide great short-term opportunities, supposing that you're lucky. This is also the case with Shiba Inu; it's practically a copy of Dogecoin. Both are meme coins with no purpose whatsoever; they're driven by hype often caused by their communities or influencers (see Elon Musk with Doge), which may yield great results in a short time frame but seems unsuitable for the long term as it serves no actual purpose.

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[AnonBitCoiner]

It is a meme coin and meme coins have no future in real life but in the past Shiba inu gave huge profit to its investors therefore it is considered as a good investment coin. Most of the people are still in favor of this meme token but I think if this token is kept longer then maybe after years it goes to a higher value than current.

One should not be too serious about meme coins investment but if someone still wants to invest in Shiba inu so they should use little amount for its investment instead of taking risk by investing large amounts. Most of the people want to invest in this token due to the little price but don't look toward the price but check about the potential and then invest.

[Sophokles]

The future doesn't build on air. A project needs to build a foundation that can not be shaken easily. Meme projects are mostly pump dump schemes, and if there is some utility in them, is that enough for them to survive in the long run? Right now, the driving force behind the meme project is hype and i don't find any other usecases. Some of the new meme projects are trying to make things interesting by introducing gamefi and other types of concepts. Another meme project, degen has its own blockchain. It looks like the meme category is evolving.

[doomloop]

It's a community supported token, if the supporters find another coin to hype up there's no definitely future for this kind of token (token without actual use). So I wouldn't surprise if many people would say that there's no future for this token, as somewhat the community behind it is looking for another coin to hype so they could earn. Though just like I always say, we really can't predict what would happen to any coin, it's just the general perspective regarding to meme coins.

If we compare it to other tokens with use case, I won't say people are only hyping it but their interest on it is genuine which can last long term and so as the growth of the token. Few moments after the release of SHIB and its hype, many tokens are also created which we can say much better than it because they have the use case that we are talking about here and I'm sure many SHIB supporters have now transferred to them or even on a new trendy meme coin only. This is truly the reason on why SHIB is going down. Even though SHIB is surviving strong, I won't hope too much for it because like you said, tokens like this won't have a definite future.

[ndutndut]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?

It should be emphasized that meme coins have no future and are even useless. I do not recommend you to invest in meme coins, especially if you do not have a strong mentality and sufficient funds because the risk is very high.

Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

The meme coin market is currently in good shape, especially when the halving occurred, the growth of meme coins increased slightly, but you still have to be careful if the price of bitcoin still doesn't increase, instead it stabilizes and meme coins increase, you have to be careful because this is a trap. Even if you want to take advantage of the rise, you can choose the top altcoins that may be safe in the long run. Choose investments in altcoins that have potential, don't be fooled by fomo, this is the point.

[goaldigger]

The future doesn't build on air. A project needs to build a foundation that can not be shaken easily. Meme projects are mostly pump dump schemes, and if there is some utility in them, is that enough for them to survive in the long run? Right now, the driving force behind the meme project is hype and i don't find any other usecases. Some of the new meme projects are trying to make things interesting by introducing gamefi and other types of concepts. Another meme project, degen has its own blockchain. It looks like the meme category is evolving.

There’s a good foundation with SHIB and that’s why it remains the top meme tokens despite of having no usage at all, I guess once there’s a good hype at first you can have a good chance to stay longer in this market. We know the purpose of meme tokens is just a pump and dump scheme, but if they are serious about their project and if they introduce a more advance meme token, then I believe they can have a good hype which can help them to stay longer in the market.

[Rengga Jati]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

Whatever it is, it's a meme coin. If you ask what its function is, it's just meme coins, but its development will really depend on the community. And how news will make the coin able to survive and increase its market cap, so that the price also increases and in the end, sometimes it's the same, just hype is the answer. We know that this Shiba Inu brand is Doge's toughest competitor. where Doge became a coin that was very hyped back then. and indeed this coin has been around for a long time. So yes, it's natural that it's still there until now, in fact there are still many cases that make Doge survive and continue to grow. But when it comes to other meme coins, it doesn't prove or confirm enough.

[Odusko]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

Like seriously we can't tell if shiba Inu will become the treasured memecoin in the future, but what we should also be prepared for the the possibility of not making any significant growth if there is no protocol that will support the coin value, such as being a utility or rendering a fisible service to the supporters that can keep the interest a d usage of the coin in the future.

[Ben Barubal]

No, it's just a meme token that doesn't have any use the reason why it skyrocketed is because of rapid growth in their community who are interested in Meme tokens but like I said it does not have any use so if people do not have any more interest in Meme like Shib it would just die gradually unless developers develop something that can make this token as primarily used.

     That's your opinion, and don't be too sure about what you're saying because I've seen many other communities that have said the same thing as you say to a crypto that in the end they were just embarrassed and they ate what they said to a crypto that they underestimated that they thought and thought that it was no longer worth or useful in the crypto market.

     And then, if it's no longer useful in your opinion and vision, why, in one day, its ranking volume is playing 667 million daily in the market? Is this what you are saying useless? Then the market cap is around 15 billion dollars https://www.coingecko.com/en/coins/shiba-inu. That's why it is said that crypto assets are volatile because the market is unpredictable.

[wheelz1200]

Generally speaking with coins like this they tend to be fads.  People will end up jumping on the next best thing.  Not providing a recommendation just some trends that I've seen and noticed over a couple cycles.  People get bored easy here.  Only reason it's still hanging high is because the amount of bag holders.  During a peak rush they will drop it for the new shiny toy.

[EarnOnVictor]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

You can't regret your decision if you buy SHIB or Dogecoin, you may only earn a little below your mindset. Notwithstanding, since you are even diversifying in this regard, it is better that way. In my opinion, Dogecoin and SHIB will always be regarded in the meme coin world, just like Bitcoin and Ethereum, they paved the way and led in their section, and so will that of the two meme coins. But one should not expect to earn hugely in them anymore, they've done their bit in my opinion and have shown the world that they are good projects despite being meme coins. As always those early investors had the biggest, you can imagine how rich those people are, we even know many of their stories as the meme coins turn them from zero to hero.

But with the development of more meme coins, especially on the latest reigning Solana ecosystem, the liquidity will be distributed fairly on all of them. So, it is not like before when there were just 2 or fewer of them harbouring people's money, there are many meme coins now, and even with other cryptocurrencies in consideration, they will have to continue to pump the money into all of them. This makes it unlike before, they may just multiply their price in a few multiple fashions.

[God bless u]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

I have been watching and trading this coin for a pretty long time now but the thing that I have noticed is that it can be used to get profits on daily or occasional basis but trading it for a long term investment option is not what I would recommend.

The reason behind this is the plenty other options that are available to invest like SOL , ETH and other major altcoins. They can give you some healthy and good profits.

[Essential10]

Meme Token wants to create hype in the market as we have been seeing for a long time. I don't think investing in shiba inu token is right, because I can't expect profit from it. Has people lost confidence in this coin, can the coin return, I am not thinking of investing in the coin for the time being due to various dilemmas. There are many meme coins that have a future but which coin exactly. Although the hype and excitement can lead to short-term gains, long-term investments in Shiba Inu tokens can be scams,  it's best to stay away, it's your personal decision to invest in.

[VFalcon]

I think these meme tokens are going off into the sunset. Now tokens that have their own ecosystem where you can earn money, such as the TFS token, are gaining popularity. Especially they have a platform with a good APY

[Tipstar]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

Shiba Inu is the king of meme tokens. There's Dogecoin but it's a different league with its own blockchain. Shiba Inu is to meme coins as Ethereum is to altcoins.
Shiba Inu have had an exceptional growth and is showing good resistance at current price level. Due to the last drop in price, there had been good accumulation of the coin. I don't see any coin replacing or challenging its dominance any time soon. Can't give a time frame but Shiba Inu is here to stay and prosper. you can have a x2 in at most a couple of years if you buy Shiba Inu now at current price.

[el kaka22]

If there is a huge future for this, then I have absolutely no idea at all how any of this crypto world works. Because, after over a decade in this crypto world, I bet that there is absolutely no future for it at all, and if I am wrong then I am sorry and I have absolutely no idea how any of this works.

But, I have seen plenty of stuff that stayed up with hype, hell I still say that XRP is a shitcoin and should not be invested, it is getting lower and lower like it deserves nowadays but it has stayed up, even took second place, for many years, meaning that I could be very well wrong about it for a long time. I personally believe that we need to just be careful and not make mistakes regarding this situation at the end.

[Belarge]

The future doesn't build on air. A project needs to build a foundation that can not be shaken easily. Meme projects are mostly pump dump schemes, and if there is some utility in them, is that enough for them to survive in the long run? Right now, the driving force behind the meme project is hype and i don't find any other usecases. Some of the new meme projects are trying to make things interesting by introducing gamefi and other types of concepts. Another meme project, degen has its own blockchain. It looks like the meme category is evolving.

We prepare for the worst to happen and in all, we stand strong enough to give back to the market. Talking about memecoins, Shiba Inu was a shitcoin that have completely no value but noticing the rapid values and zeros cancelled forward, it becomes concerning. Shiba Inu have made the necessary important moves in the market and have also capture the attention of investors. It's been really a long time when we spotted Shiba Inu to be trending, it dominates every piece of positive form, keen on the existing project.

[bluebit25]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

I don't know about the plans you are building with this crypto, but most different cryptos have opportunities/risks, with SHIB it is memecoin that is really familiar and very successful.

I think the FOMO will continue and push SHIB to reach new milestones, but there are still big risks because of its hype nature. So there is no guarantee that it will increase/decrease, and it also depends on the plan you set with it, anyway, everyone will have different/same opinions and imo, always make sure you are ready to face any situation.

[MiF]

Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.

Shib is good coin to invest but dont forget that this is still a meme coin this is no use case and it has a very big supply, so dont put all you're trust on it, you can invest it a minimum amount of money or a money that you can afford to lose its price is only driven by a hype from its fast growing community, i beleive that after the hype from a couple of months or even years from now this coin will become shit coin or dead depending on its comunity.

There is a big risk on investing in this type of coin, not all investors earn on meme coin, sometimes meme coin gives us frustration so if you invest on it be cautious of what will be the possible outcome, for me I'd rather invest in a coin that already proven for a long time such as Btc and eth or even bnb this coin will never disappoint you as long as you can hold them for a very long time from now based on the record.

[Kelward]

Among all the countless memecoins, dogecoin and Shiba Inu, stands out at the top, their reputations precedes the others as far as I'm concerned, so the OP can invest in it if he feels that it has the potentials to pump. The crypto market is quite unpredictable, sometime last year, people thought that Solana, was near dead, but today it's among the top altcoins, so again, if the OP feels strong about Shiba Inu, then let him invest the amount that he can afford to loose.