Post
Topic
Board Altcoin Discussion
Re: New meme coin?
by
RealMalatesta
on 23/01/2022, 21:54:49 UTC
Do you think this coin has potential?
No. The fact that is it named after a popular meme/shitcoin (Shiba Inu) tells you that this token is just another copy-cat.
No team info. Bland website design. The features of this shitcoin is common amongst many other shitcoins, deflationary, burn mechanism, etc.
This can be quite annoying, I hate seeing all these copycats, and this one is obvious that they copied from shibainu. Even shibainu itself has been down as of recent, and the hype is over, no one is even talking about it anymore. Although I still see some meme coin fans who keep believing that meme coins will still have a come back this year, I know it is possible, but I’m not really taking it.

Anyone who is making an investment now should be very careful of the investment they make, and be sure that the assets that their money goes into is one that would be worth it this year. Meme coins are more volatile than their crypto counterparts, so it’s a huge risk.