Post
Topic
Board Altcoin Discussion
Re: Shiba Inu turns into privacy coin like Monero or ZCash?
by
Abiky
on 08/06/2023, 20:00:28 UTC
Delisting risk is another reason why this is just a news story. They will not risk their presence on many exchanges just to become a private token.

Exactly. Especially now when Binance started to de-list privacy coins in certain European countries. The vast majority of the world's governments are against privacy coins, so they will keep pressuring centralized exchanges to de-list anything private along the way. You think Shiba Inu developers want this in the long run? Of course not! This may be only a tactic to lure foolish investors into the cryptocurrency.

SHIBA is merely an ERC-20 token, so I fail to see how developers are going to make it private unless they're aiming for a separate solution like a mixer. It really doesn't matter since Shiba Inu is a "meme" coin. The coin will always be worthless in the eyes of serious traders and investors alike. All of the attention is on PEPE nowadays, making Shiba Inu a relic of the past. Just my thoughts Grin