Quote from: kawetsriyanto on December 15, 2022, 11:10:13 PM

Quote from: Rana590 on December 15, 2022, 07:14:46 PM

I don't think team will stop developing of Shiba Inu. A simple project can change the atmosphere and they have already showed it. Core update and some positive news about Shiba Inu can increase its price rapidly. I think we should take this opportunity to buy some Shiba at cheap price for future.

Yep, no reason that the team will stop Shiba project. Shoba project has developed very well, they even can be the top coins. Some people assume Shiba is better than Dogecoin, Shiba has an active team that constantly to have a progress in Shiba development. So, it is simply no sense that the team to stop this project immediately.

Shiba Inu is a meme coin, the price increase surely relies on the positive news or the hype around it. It could be due to the progress of the project or it gets an impact from positive news on other meme coins. You should ever experience that many meme coins increased their prices because Elon Musk made a tweets about Dogecoin.

However, to buy this type of coins (meme coins), it is better to use small money only. If you have big funds, I suggest to buy the top coins that have strong fundamentals (not meme coins).

IMO, DWYOR

What real user cases has Shiba ? It can be used for gambling and has fast transactions and low fees but that's about it. It is just a meme coin as you mention, nothing more. When we get another bull market, we will probably see some new created memecoins (and other shitcoins).