Post
Topic
Board Altcoin Discussion
Re: SHIB the new tough competitor to DOGE
by
Abiky
on 08/10/2021, 14:44:18 UTC
Getting listed on a known exchange doesnt basically or automatically means that it is already a game changer.You know that platforms would really tend to list out coins which they do seem to be on hype or mainly been

supported by known people like Elon or similar which they do already picture out on how it would affect in terms of volume and liquidation if they do tend to list it out?

They are building business and its normal that they would really be having those common impressions and plans in mind.

Exactly. People got it all wrong. Exchanges list coins based on their popularity, and in some cases, active development and innovation. Since SHIBA is full of hype, we can expect exchanges to list it in order to grab a piece of the pie. It's all about making as much profits as possible, even if the coin fades into oblivion within the long term. I believe DOGE is in a better position than SHIBA because it's an old project with a strong community backing it every step of the way. Listing a coin on various exchanges doesn't guarantee it's going to be a success in the long term.

As I've said many times before, there are far better cryptocurrencies with real use cases in the mainstream world. SHIBA will only last a long time if it provides usability above all else. Otherwise, it'll go down the drain faster than you could've ever imagined. With or without SHIBA, the crypto world will carry on as usual thanks to its decentralized and censorship-resistant design. Just my thoughts Grin