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anything could happen but in my opinion with a high trading volume it is very possible the price will continue to increase, today the price has reached 1 IDR and has lasted a few days after the price increase so it is very possible the price will continue to increase, I hope so because I bet big on this coin to be able to repeat success like the Doge coin, I strongly believe it will.
A meme coin like Shiba Inu has its own potentials to attract its supporters and as its community continue to grow, its price will also be increasing in value. But if you aim that it could be better with dogecoin, don't expect too much. Yes, it really has chances to outperform dogecoin in the long run but just like how dogecoin falls its value when the hype is over, it will also be possible for Shiba Inu. Knowing their both meme coins, their future might also end up in the same way. Although not really sure, but to make it less risk, you can invest in Shiba Inu with the amount you can afford to lose.
Probably most of us got surprised when this Shiba Inu project have that impressive pump after Dogecoin lost its value and hype. Yes, we might think of the same ending story for they are both meme coins but I think that this project looks different. They've got in huge hypes without any person influencing it like what shilling has done with Doge. And you are right, invest the amount that you can afford to lose but I don't think that was a smart idea at this time when the price is already on the highest level as it can be done and make us lose.
Almost everyone in the crypto world was surprised by the sudden rise of the Shiba Inu, which 13 days ago managed to hit the new ATH price.
But as we know meme coins that have no real use, they are only used for pump and dump. It is true that the movement method of all meme
coins is almost the same, the pump is very high in a short time, and after that it will start to fall drastically. It can be seen that the Shiba Inu
price is now down 38% from the ATH price, it means that some people have taken profit and now many newbies who buy Shiba Inu at peak prices
are starting to panic, then from that in two weeks it can go down to 38%. I believe in the near future the price of Shiba Inu could fall even further,
it happened to Dogecoin when Elon Musk manipulated the price of Dogecoin. I'm afraid the Shiba Inu could take a while to recover,
so my advice is to avoid buying Shiba Inu right now, even though the price of Shiba Inu has fallen quite deep.