Quote from: s.tanishka on Today at 07:51:51 AM

Quote from: Sethrey on April 04, 2023, 11:11:02 AM

Quote from: rokok lokal on April 01, 2023, 02:25:08 PM

Why not, the transformation of the Shiba Inu into a privacy coin might make it more appealing to privacy-minded users, but the coin's long-term success depends on a variety of factors.

Privacy coins face regulatory hurdles and increased scrutiny from law enforcement agencies, which can make it challenging for them to gain widespread acceptance. Therefore, while a privacy-focused approach may appeal to a specific segment of users, it may also limit the coin's adoption by more mainstream users. Ultimately, the success of the Shiba Inu, or any other cryptocurrency, depends on its ability to provide real-world value and utility, whether that's through facilitating fast and low-cost transactions, providing access to decentralized applications, or offering unique features that differentiate it from other coins in the market.

Privacy-focused cryptocurrencies may appeal more to users who are concerned about their online privacy and anonymity, but they may not be as attractive to more mainstream users who prioritize other factors such as speed, convenience, and ease of use. This can limit the adoption of privacy-focused cryptocurrencies and potentially affect their liquidity and value.

and if i may add, even if they added a privacy feature, we don't know to what extent they are really implementing the privacy protocol. they are adding such feature to sustain the interest of people. however, as you said, they still remain to be a meme token, wherein, its survival still depends on the team behind it.