Is Shiba Inu coin a good investment?

[AvatarSiri]

Now a days meme coin is very popular. And Shiba inu also a very popular meme coin. Last bull session Shiba inu huge pumped. Now It's position also good. Now Shiba inu position 11th on coinmarketcap. And 2dnd position for meme coin. First position Doge and second position Shiba coin. And from the first time Shiba inu is good coin for investment i think. I am also a investor For shiba inu coin and till now huge profited. I will hold for next pump. When it’s price will go more high then i will sell it. So overall considering i think Shiba inu coin is good for investment.

More meme coins are being created and especially meme coins are being created, so I am worried about what will happen to Shiba Inu and Doge when new coins are created and have higher price movements than these two coins. Hopefully the many meme coins created can increase trading volume on the exchange and has a good influence and can make many people very rich.

That's true. You shouldn't worry about those. I'm sure they'll step up or they'll be replaced by newer coins. Yeah meme add to trading vol on cex. Rn the trading volume for snap on Bitget is around 3M. That's a lot for a newly listed meme

[Primo1760]

For my own review Shiba Inu is one of the most popular crypto, whether is a good investment is a matter of debate. Shiba Inu has a strong support community and has seen significant price appreciation in the past years, and there is no guarantee that the price will continue to rise. You can do your research more and drop it here. Have you been following the update on Shiba Inu?

Currently seeing the highest returns on meme coin investments and people becoming millionaires.  People have made huge profits from each of the many meme coins that have hit the market this season. Two to three days ago I saw Book of Meme (BOME) hit the market and pumping 32k percent. At one time this coin was worthless but this pumping season has come and this coin has increased so much that those who hold it have become millionaires. Then Dogwifhat (WIF) is another second meme coin that came into the market creating a lot of excitement and giving people a lot of profit. So I mean this season has earned the highest profit by investing meme coins. I am in favor of shibainu coin those who invest will definitely earn profit. Shibainu will definitely make a good position when the bull season starts in the market. I made myself to absorb Shibainu.

[Trisha Rola]

Shiba inu coin, like many other meme coins, is highly speculative and volatile. It's price can be influenced by internet trends, social media hype, and speculative trading rather than underlying fundamentals.

[Mr. Magkaisa]

       -    For me, I think this Shiba inu is still okay because somehow the market volume that is shown now in the market is still good, although it seems to others that he has no development in the future. Because as long as the daily trade volume is still high, it can be said that it is still stable, in my opinion.

because we know here in crypto that what is not paid much attention to is the one that sometimes in the end will suddenly make a noise in the market that others did not expect, then make other former holders realize that they should not sell because suddenly rallied, you know what that means...

[damsix]

Have you been following the update on Shiba Inu?

I have a few Shiba coins for HodL because I want a minimum increase in this Shiba coin of around 5x, although I am sure that this Shiba coin will rise again by around 10x but my principle is that if it increases 5x it is also enough for me.
I noticed that the Shiba coin always follows the direction of the Doge coin price because maybe this Doge coin is the King of Memes in the cryptocurrency space.

When the price of the Doge coin rises by around 10%, the price of the Shiba coin also rises by around 5-8%, and if the price of the Doge coin falls, the price of the Shiba coin follows.
Maybe currently the Shiba coin does not have a strong stance on the effects of the price of the Doge coin, but I am sure that one day the Shiba coin will be able to overtake the market cap of the Doge coin again, even if for a short time, but that doesn't matter.

[gunhell16]

Have you been following the update on Shiba Inu?

I have a few Shiba coins for HodL because I want a minimum increase in this Shiba coin of around 5x, although I am sure that this Shiba coin will rise again by around 10x but my principle is that if it increases 5x it is also enough for me.
I noticed that the Shiba coin always follows the direction of the Doge coin price because maybe this Doge coin is the King of Memes in the cryptocurrency space.

When the price of the Doge coin rises by around 10%, the price of the Shiba coin also rises by around 5-8%, and if the price of the Doge coin falls, the price of the Shiba coin follows.
Maybe currently the Shiba coin does not have a strong stance on the effects of the price of the Doge coin, but I am sure that one day the Shiba coin will be able to overtake the market cap of the Doge coin again, even if for a short time, but that doesn't matter.

I also have Shiba holdings, but I don't think only 5x can reach this bull that we are facing now, honestly, dude. Instead, he can do this bull run at 30x to 50x. That's my insight on Shiba. Right now, his movement is a bit silent, and you are also

right; I thought I was the only one who noticed that the price of Shiba is also based on the movement of Dogecoin, which also follows the movement of Bitcoin.

[debra]

Shiba inu coin, like many other meme coins, is highly speculative and volatile. It's price can be influenced by internet trends, social media hype, and speculative trading rather than underlying fundamentals.

Of course, Shiba Inu is the same as common meme coins. All the meme coins are too risky and very speculative. Most of them are pump-dump coins, they only rely on the hype and for a short time only. That's why we must be carefully to invest in this type of coins. We don't expect too high for the profits and we don't be too greedy. Since there is no fundamentals, we mustn't hold meme coins for a long time. Just hold for a short time only!

[cebo]

The very anonymous team owned by SHIBA made me interested in studying the SHIBA token.
Just waiting for the moment for Shiba coins to rise because Shiba coins are included in Coinmarketcap's top 20 list.
Currently, many people say that the Shiba coin is sitting still or stagnant, but it looks like it is accumulating and the positive results will be seen later during the BullRun.

[Rubel007]

For my own review Shiba Inu is one of the most popular crypto, whether is a good investment is a matter of debate. Shiba Inu has a strong support community and has seen significant price appreciation in the past years, and there is no guarantee that the price will continue to rise. You can do your research more and drop it here. Have you been following the update on Shiba Inu?

The greatest strength of meme coins is its large community. After Doge coin this coin created huge hype in the market. This coin caught the attention of investors especially during the last bull run. However, this bull run it does not have much effect for this coin. There is a general trend in the market where investors have more confidence in new coins. Although Shiba Inu has taken some good initiatives, this coin is not gaining the confidence of investors. In recent times, Sol Platform's meme coins have created hype. But I believe that in the long term, Shib Coin will definitely impact the market. It can remove 2 zeros from the current price with shortest period of the bull market.

[PX-Z]

Investment? For long time holding? Naaaah, it looks like it will always hrink anytime, the same thing to all meme coins. You can trade of course, but i will not consider holding it for long term because its very volatile and risky.

[kulkhan]

The very anonymous team owned by SHIBA made me interested in studying the SHIBA token.
Just waiting for the moment for Shiba coins to rise because Shiba coins are included in Coinmarketcap's top 20 list.
Currently, many people say that the Shiba coin is sitting still or stagnant, but it looks like it is accumulating and the positive results will be seen later during the BullRun.

Shiba inu coin is a meme coin. Last bull market it increased huge. But i think any time It's hype will end then it’s price will dump. I think meme coin is risky.

I think if anyone want to invest on cryptocurrency, he can invest on Shib coin because it has huge hype till now. Bit i think it have to for short time. Long time investment on meme coin is risky i think.

[Primo1760]

Investment? For long time holding? Naaaah, it looks like it will always hrink anytime, the same thing to all meme coins. You can trade of course, but i will not consider holding it for long term because its very volatile and risky.

Meme Coin is risky to say the least. Still, despite the risk, the investment must be made. But I think if you can invest in good meme coin before it hit the market then luck can change a lot. We have seen the highest profit making coins this season. There were some meme coins that all meme coins were worthless at one time but with enough skill and team forward thinking there are many trends in the market. If Shibainu Coin can hold till 2025-2026 then I think people can get something good from here.

[bettercrypto]

The very anonymous team owned by SHIBA made me interested in studying the SHIBA token.
Just waiting for the moment for Shiba coins to rise because Shiba coins are included in Coinmarketcap's top 20 list.
Currently, many people say that the Shiba coin is sitting still or stagnant, but it looks like it is accumulating and the positive results will be seen later during the BullRun.

Shiba inu coin is a meme coin. Last bull market it increased huge. But i think any time It's hype will end then it’s price will dump. I think meme coin is risky.

I think if anyone want to invest on cryptocurrency, he can invest on Shib coin because it has huge hype till now. Bit i think it have to for short time. Long time investment on meme coin is risky i think.

Ever since all meme coins are really risky, I haven't seen any meme coins that aren't risky. It only makes a difference if the investors who buy meme coins are risk-takers. And most, in reality, are not risk-takers who buy meme coins.

But there are actually other meme coins that suddenly become successful in the end, like what happened with Pepe, Bome, Wif, and others, and some did not expect that they would actually be successful.

[Gurujebs]

It seems the new Sheriff in town aren't giving investors time to check Shiba like that, Doge coin is doing well because of Elon but Shiba didn't grow that much compared to Doge, even PEPE was shill more than Shiba and the new meme coins that has been steadily growing on Solana has taken the spot light for now.

In 10 years to come, all these coins will be forgotten because these are what we use to called shitcoins back then but today people consider what we term.as shitcoins, no value added just hype, no products just speculations, no team just hidden individuals trying to make quick money.

[bettercrypto]

what I know is that this shiba inu will have a rally in the coming days and it is possible that SHIB's price will x2 during these times. So SHIB only hold and dca those who believe in it. Because it may be quiet right now but it is a sleeping giant.

So right now I'm just saving little by little so that at least I won't be zero in the raw itself that Bitcoin is rallying and at the same time the top altcoins in the market are also.