I think the meme coin craze is going to die, and until now people will still speculate about meme coins and keep hoping that the projects they invest in will improve like DOGE has done, we already know this is an overvalued coin, so there's no possibility of that will persist in the long term, and given the supply of SHIBA INU, appears to be outside the expected price range.
The meme coin craze is going to die. There's no doubt about that. Dogecoin's rise has been nothing but pure hype. What makes you think the same doesn't apply to clones like SHIBA INU? There are far better cryptocurrencies on the market with active development, innovation, and a solid foundation built upon them. Hype is nothing when the project is abandoned in development. SHIBA INU was only created as a joke meant to be used for speculative purposes. It may rise in price within the short-term, but that's it. Long-term speaking, SHIBA is not a good investment because of the reasons mentioned before.
I believe $0.01 per coin is just a dream. Only a massive pump will make this a reality. But the effects will only be temporary as everything will go down the drain at a very fast pace. I'd stick with good-old coins just to be safe. Just my thoughts
