Quote from: Nrcewker on Today at 03:49:13 PM

Quote from: JamesDaniel90 on August 14, 2022, 05:19:36 PM

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

The whales are playing the major role and manipulating the market.
If you have the capabilities of taking risks, then yes definitely do it. Else if you love your money then holding Shiba Inu for long term might affect the portfolio.
Moreover if you want to invest for long term then why don’t you buy BTC instead? Currently Bitcoins price are best. Buy and hold for 2 years. Definitely you will see great profits from Bitcoins.

I do not own any shares in Shib. It makes me happy to see those who make profits through it. There will be some turbulence in the crypto market for the next couple of months, but I think it'll be a good run, but Shiba won't hit a penny for a while. Meme coins generally pump last during bear market rallies. It is expected that Bitcoin, Ethereum, and most of the top ten coins will go into a bull run in the near future. An all-time high for a coin like Shibu would be 6x or more. Like all shitcoins, this one is a shitcoin. It's less trustworthy than Bitcoin for me.