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Quote from: Te qution on November 02, 2021, 10:00:16 AM

A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.

It was just a plan that could explode at any time like dogecoin back then, but this kind of coin would not last long in the market at such a high price, currently the shiba inu price is still very stagnant, there is no movement as far as the selling price is concerned, one can predict the price of shiba in the future, but I'm not sure this year it will explode and reach a new ATH.

Coins like shiba only depend on the hype that exists like when doge coin experienced a high price increase due to Elon Musk's tweet, besides that the same thing happened to shiba during the big rally last October when Elon Musk tweeted a picture of his dog on twitter, the absence of strong fundamental support from the shiba allows it to be very difficult to trigger a large demand in the market right now, I think now it is very unlikely to expect big returns if holding shiba for long term, and maybe if you want to trade shiba for short term still can be one of the good alternatives nowadays, but don't expect to get big profit from shiba.
It can be very difficult to predict the future of altcoins, but I personally would not make shiba one of my long-term asset portfolios, because apart from being independent of bitcoin price movements, shiba also has terrible volatility in the market so to keep it for a long time would be very risky.

The absence of fundamental support also affects the current shiba not moving far, even in the long term and short term there is no good hope for the future development of the shiba, so there is no stronger reason to hold the shiba coin at this time, and there is no guarantee for us to hold wrong one long term portfolio in shiba, it is better to switch to another altcoin which has a clearer volatility than to stay in shiba.

Shiba Inu's current situation is not really good. Its going back and back. Not sure of whats happening behind but will have to check for two more days if the price continues to fall back. Yes there will be corrections but it was travelling between supportive lines but going back. Hope the teams comes up with new partnership or tie-up with any well known organizations using its coins for any purposes or the team has to think of its growth certainly. It can not be just depend on market hype alone.

that's why I'm not sure the shiba inu will strengthen this month, the presence of a large new community that supports the shiba inu movement is also not necessarily the shiba inu will move far, the shiba inu class is still far in the safe and good category, so it's difficult to get out of a market that is being corrected , especially if it relies on hype, this is further hope to move and produce high and maximum selling values, until now there is no method that can believe us that the shiba inu will move far ahead.