Post
Topic
Board Altcoin Discussion
Re: Is Shiba getting rugged like Luna?
by
BitcoinPanther
on 01/06/2022, 18:01:27 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

To make the recent news effective(Shiba founder deleteting social media activities), it only needs a single huge dump of Shiba.  If the bot detects a huge dump, it may trigger the cut-loss mechanism and start selling.  For sure many bots will follow because most bots have the same trading setup.