Post
Topic
Board Speculation (Altcoins)
Re: Will Shiba INU tokens continue to rise?
by
len01
on 28/12/2022, 10:01:38 UTC
Shiba had experienced the hype and the same is being used as the right way move the market of Shiba forward. Over the last year it was into the token burn process to keep up the market. The recent one being the burn of 19.8 million tokens by sending it to a dead wallet. The team is into continued plans to push the market forward. The tokens will rise, but we don't know how far it'll happen in the near future.
I think what the team has done is good by burning that many tokens,
we have to see what the team will do next because if we don't do anything then it will make the Shiba market suffer a setback,
We'll see what happens and it's going to be interesting
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.
of course the shiba inu development team won't just stop after shiba inu was bullish hype last year and everyone already knows shiba inu as the best meme coin after Dogecoin.
but encouraging people to invest in shiba inu is risky when it is bearish at the moment. because it is very difficult to go through the current bearish and there will be a recession in 2023 that the shiba inu must face to survive. 2023 will be a terrible year for investors who can afford to buy memecoin because something can happen in that year.
what is certain is that if you want to invest in memecoin you have to really use money that you can afford to lose.