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
Hundreds of meme coins already existed before Shiba Inu. It is nothing new. It is only people started to realize/notice meme coins after doge coin started to skyrocket. It became a trend when Shiba Inu made incredible gains and people started to invest in those meme coins just to lose everything and get scammed. 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
And no, you don't make best gains when the meme coin is ranked at that number you randomly posted. Any meme coins can reach that number by artificially pumping the price.