Shiba inu is still a memecoin. Only because of hype and bull reason, it increased several times. It hadn’t possible for shiba to gain such volume if vitalik buterin didn’t burn the largest amount of shiba inu. But don't expect everything shiba will perform as you desire. Many new altcoins are available and people will move on for those. So long holding memecoin like shiba isn't worthy to me. Rather if I'm in profit, then I'll sell it without any hesitation.
Shiba is always MEME coin, do you think it will be a promising coin in the future? I think right now no shiba coins holding to CEO of Vitalik Buterin because he already donate worth of one billion shiba in Covid19 for India. Yeah, shiba will not be profitable in long run because it’s no real use cases, no products in the market, so i don’t prefer to invest here especially for the long term.