I guess you are one of those lucky early investors of Shiba inu who got 1000x from investing early this year. Well, memecoins nowadays is really into mainstream crypto market as hypes are really top notch. Even in my country, most of my countrymen love memecoins due to the insane returns they see in Shiba Inu and doge. Unluckily, some of them got stuck at the ATH of SHIB.
I don't think any of shiba holders could hold until 1000x times price growth because since they bought the coin, they know they were buying a meme coin so the chance is so small they are not taking profits from 10x-100x price growth IMO.
Meme coins is the most hype type of coins this year because of the trends started by elon musk that trust any coin could be expensive as long as it has demand and people made it as a trend. But i think the trends is already over, the investors are much more smarter right now.