This topic will never gonna get old. Shiba inu might be joke for that particular time but nowadays it become so famous and people's most favourite memecoin. But after big pump during bull run of 2021, i haven't seen anyone noticeable change of shiba inu. Undoubtedly shiba team and community is strong Enough but process is slow and not profitable so much. Even it is sign of taking risk if anyone buy shiba inu to hold long for profit
its because shiba never got the attention i guess, there are so many meme coins appearing that they overshadow shiba inu for investment despite the fact that it has big market capitalization but thats it.
I just think that maybe shiba has already reached its peak and slowly going downhill from here on but i could be wrong.
after all, those new emerging meme coin that gained massive valuation and market capitalization are definitely gonna be taking up that share of shiba inu market capitalization.
the money needs to come from somewhere and most likely its coming from those that speculates with meme coin in general.