Post
Topic
Board Altcoin Discussion
Re: Is Shiba getting rugged like Luna?
by
passwordnow
on 31/05/2022, 13:18:30 UTC
I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.

Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html
Yes!
That's a total red flag and there's a reason why he's doing like and one could be, that he doesn't want to leave a trace from his tweets so he's deleting all of them.
Well, Shiba is just another meme coin and its hype was done and the value has become lower after hitting its ATH. Still, there are plenty of its investors that help it to remain at the top spot.