Shiba Inu token, is there a future for this?

[gastrack]

I don't actually see a ton of possibilities in a considerable lot of these image coins that generally made huge names on the web, I feel their points are now accomplished and wouldn't fret leaving the market if theirs no inflow into their undertaking once more or they can't endure the market unpredictable nature any longer. So exchange them at your gamble. It appears it has siphoned up the earlier year because of the interest and publicity it got, however right now, the task proprietors are not adding anything new to the venture to cause it to draw in more worth.

[betswift]

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

Yeah, with no utility tied to it or some interesting use-cases that could lead to funds and degens flowing, no future for it to consider investing into it, unfortunately ;(

[shawonngp]

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

[CoinFoxs]

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

Agree to some extent but i think there is no comparison of doge and shiba inu in terms of their prices, doge is trading at .1$ and the all time high of doge coin is almost .7$ which is huge and we can expect dogecoin to cross 1$ in future but we can’t expect shiba inu to cross 1$ as it is trading very low but both are listed on binance so we can trade in both they will live long by looking on current trends of market. Better to invest in dogecoin instead of shiba inu, doge will give you more profit.

[FortuneFollower]

I don't actually see a ton of possibilities in a considerable lot of these image coins that generally made huge names on the web, I feel their points are now accomplished and wouldn't fret leaving the market if theirs no inflow into their undertaking once more or they can't endure the market unpredictable nature any longer. So exchange them at your gamble. It appears it has siphoned up the earlier year because of the interest and publicity it got, however right now, the task proprietors are not adding anything new to the venture to cause it to draw in more worth.

No innovation or new use cases for them, you are right They can't be reshilled, sorta.

[lixer]

No innovation or new use cases for them, you are right They can't be reshilled, sorta.

That's the case with every meme coin, they don't have much of a use case anyway, it's just the initial hype that makes them gain some value, but overtime as the hype fades away, they start losing traction and eventually fade away from the markets as well and another one replaces them and have the same faith over time. That's how meme coins work in the first place, it's all about understanding them.

Those who buy these meme coins late and hope that they might have another cycle of the same level of hype and provide them with substantial profits are wrong because that doesn't happen. It's better if they try their luck with a newer meme coin which might get some hype and earn them some profit if they aren't unlucky.

Holding old meme coins and hoping for a price rebound isn't wise, in my opinion.

[wheelz1200]

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

Never say never especially with altcoins.  Amd in terms of shiba inu coin it can easily fade away.  Doge has first mover advantage in terms of memecoins so I think doge will be fine.  In my opinion next bear run shib will probably fade away.  Every cycle new coins come in the the older ones go away.  Just the way it is.

[betswift]

No innovation or new use cases for them, you are right They can't be reshilled, sorta.

That's the case with every meme coin, they don't have much of a use case anyway, it's just the initial hype that makes them gain some value, but overtime as the hype fades away, they start losing traction and eventually fade away from the markets as well and another one replaces them and have the same faith over time. That's how meme coins work in the first place, it's all about understanding them.

Those who buy these meme coins late and hope that they might have another cycle of the same level of hype and provide them with substantial profits are wrong because that doesn't happen. It's better if they try their luck with a newer meme coin which might get some hype and earn them some profit if they aren't unlucky.

Holding old meme coins and hoping for a price rebound isn't wise, in my opinion.

Yeah, it's only viable if you have some info insides that the X coin is going to do massive marketing attempts + influencers piling up to try to renounce the situation.
But ordinary people wouldn't be able to use that opportunity.

[FortuneFollower]

Even though Shiba Inu was one of pioneer of the terms of "meme coins" and people have lot of faith in this project. But no matter what they have been done, at the end it's just a meme coin where the sole reason this project even was at the top just because of the hype and influence from other big people. And for now, with so many meme coins out there, the big people there would probably only hype those new one.

If you have to consider one of pioneer in meme coin which is Doge then Shiba inu, and if a meme coin will competitor for Doge in the future also which is Shiba inu, peoples trust those coins although these are meme coins, but in my thinking these project will long live, these will not dead in shortly, Doge will never because it's proved that it's a good coin for long time leading in the market with a lot of big coins.

Never say never especially with altcoins.  Amd in terms of shiba inu coin it can easily fade away.  Doge has first mover advantage in terms of memecoins so I think doge will be fine.  In my opinion next bear run shib will probably fade away.  Every cycle new coins come in the the older ones go away.  Just the way it is.

It can, or it won't.
Nevertheless, it's better to look after the coins that are hyped in rather than those that are not too old and too big at the same time if you want a bigger profit-to-risk ratio.
We will see how it goes.