Quote from: dansus021 on July 26, 2022, 02:08:28 AM

I do agree with you, in fact, I think why the shiba inu price drives up is because the hype and big exchange started to pick it up. and the rest of it just simply a meme coin. Dogecoin in the other hand still have own blockchain that provide a low fee than bitcoin which is why the dogecoin still stand up these days.

What's going to eventually "kill" Shiba Inu are the high gas fees of the ETH blockchain. It would've been better if developers made a blockchain of their own for SHIBA in order to provide cheaper fees and faster TX confirmation times. Without its own blockchain, the token would be subject to the underlying blockchain's limitations. The problem is not only the gas fees, but also the large supply of tokens in circulation. There's "hyperinflation" "baked" into the token itself.

I fail to see how SHIBA will reach way above $0.01 with these downsides. Dogecoin is a better option, but it's still a "meme" coin. If only people focused on quality cryptocurrencies like Bitcoin and Ethereum instead of worthless "shitcoins" like SHIBA, DOGE, and APECOIN, things would've been different in crypto land. Money talks, so expect the unexpected in this wild and crazy world of crypto. Just my opinion