Post
Topic
Board Altcoin Discussion
Re: Is Shiba Inu still worth it?
by
Pamadar
on 25/05/2023, 07:02:54 UTC
if in my opinion shiba inu is never worth it, because shiba inu goes up just because when meme coin is hype and after that I believe all meme coin are no longer worthy of investment especially for the long term investment, therefore than you invest in shiba inu, then I prefer you to invest in ETH, BNB, Matic or XRP.
We are converting more assets to popular coins than meme coins, shiba coins have fallen far from their highs due to market effects but meme coins are not guaranteed to recover to the market to increase again, so that point is very worrying about meme coins because investment interest will decrease at any time, because meme coin investors will recover assets on top coins when the market is experiencing a high correction

If you are not a fan of risking your investment, better not to invest in this kind of project.

I see your point and that's true. Investors are moving away from Shiba as they are seeing no progress in market value, though
there are still some who continue believing that there's still chance and still buying and holding.

Trusting meme projects is more on risking your investment and trying to be lucky and take some chunks of profits when
a good pump back happens.