Post
Topic
Board Altcoin Discussion
Re: Community means everything
by
Fredomago
on 23/04/2022, 19:03:33 UTC
Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped
Yes, you are right. I'm not a Shiba supporter but, I believe that there are a lot of powers if the community support one project. a community can speak/talk all over social media. if the community found the value of one project they can spread their work. this is generally not only for Shiba but for all projects.
However, for coins that are often pumped and dumped by investors who have large capital such as SHIB coins, in my opinion, relying solely on the community will not be enough because how big the Shiba community is, of course, will not be able to move price movements in a short time when investors who have large capital throw away with that coin.
The control is still in the hands of bag holders, Shiba even being played and treat as memes. There are people who continue
to support this project, the community is active and keeps waiting for their term. Those people are willing to ride with what
fate Shiba's offering in their investment.

It's going to depend if how you will take this kind of project, even there's a community behind the chance of leading your
way to a riskier type of investment, be very wise and make sure to carefully analyze if you have that plan to spare some
amount to this coin.