many people bought shiba at high prices. As a result, since the bear market has started, they continue to hold it in the hope of making up for their losses. That's all for me, the reason for these hand-holds. Besides, shiba is already a complete doge imitation. I can't say if it can be like Doge or not, but imitations always follow the original. It was Elon Musk that enabled both cryptocurrencies to rise rapidly in this market and enter the trends. To me, they're both a total meme coin. You never know what they'll do, so if I had the option, I'd keep the doge, not the shiba for the long haul.
Now people are no longer interested in hearing Elon's tweets on twitter, they don't care about meme coin being laughed at because of the previous hype whale impact increasing trading volume of meme coin, I think Shib coin future recovery is not Elon influence but should release new community supported innovation for recovery High.