Post
Topic
Board Altcoin Discussion
Re: Is Shiba getting rugged like Luna?
by
JeffBrad12
on 31/05/2022, 23:54:21 UTC
The chart is quite stable but i just wanna try to remind you if that's almost impossible for this to become another shiba inu. CEO of shiba inu has no premined token and how can this become another scam or rugpull? Remember about the tokenomic of shiba inu is quite different with the luna.
I think that shiba has no chance to be another rugpull. All of tokens in the circulation already fully distributed fully proportionally to the hundreds thousands of users.
Im not seeing if this will become another luna that will come in the future. CEO of shiba has no power other than holding the secondary token of shiba platform
But because of the coin meme concept we need to review the details of the Shib price volatility. if there is no worst case for Shib prices because my previous prediction the price will go down after negative news, but shiba army holders are still optimistic about price increases in the future.
The founder has no control over SHIB token but im sure that if they are fully controlling another token that used in the shiba platform. Basically, shiba inu was a meme token that driven by the community but since the developers (include ryoshi) wanna change the image of shiba inu and the development to bring utility to shiba was coming. It seems this is not running so good as what they have expected before. The hype that brought by shibarium was not so big as well.
So it's too early to judge if this will become a red flag. We shalll at least waiting from the community to respond it