Not just shiba, but there's a dozen different others I think.
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
So you are talking about low caps? Gaining from it? Then its good for you since not all would really be having that risk taking step on dealing with low caps specially those projects which are been made just because of I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
the hype.We've seen lots of it not only on meme coins but also in other projects as well which whenever there's some hype then expect that developers or owners would be definitely creating one and trying out
to jump in with the hype and then make money out of those people who had attached themselves with the trend but still ending up on its value into the floor because people arent really that
dumb but surprisingly there are projects who do able to make it out.