I have across the news that coinbase, the U.S biggest crypto exchange announce that they have decided to list the leading $meme coin, SHIBA INU.
To me this is something that shall never happen in my consciousness, such a dedicated & high-end exchange platform has determine to go for some no-team meme coin.
But it may display a sign that how to define the standard of a good coin, it should be good team originated? or sufficient funds fro VCs? or based on a good product?
no matter what's important, SHIBA INU has shown us that a good community-driven project could be work with high-level exchanges.
So MEME coin is definitely worthy to invest
BTChere comes another question
when is the good timing to invest?
It is not a worthy investment, just because coinbase lists something doesn't mean that it is worth the investment, they have also listed other coins and delisted them before as well, and the only reason they want to list something is the money they could make from it. They could list ANY coin as long as it has volume in USA and that is all they care about, why? Because the money they make comes from the trading fee, maker and taker fee is the profit coinbase makes, so if there is a good volume on a coin and they can list it without any security issue or worry then they will list it, look at all the coins they have listed so far and you will see a pattern there that will show my statement.
So this doesn't mean that shiba inu is a good coin, it just means that there is a volume in it and that is why its listed, it doesn't make it a bad one neither, but doesn't make it a good one neither, it just shows it has a volume worthy of listing.