Post
Topic
Board Trading Discussion
Re: Worth buying 1B SHIBA INU ?
by
Rabata
on 29/12/2023, 04:28:01 UTC
I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
People's interest in meme coins is always high because they expect more profit with less investment. It is not unusual to do this because many ordinary investors are not able to make big investments but they also dream of getting rich by investing in cryptocurrencies. Many refer to Doge coin as the father of Meme coin but look at what happened to Doge coin. It peaked in 2021 which was may 71 cents but that doge coin could not go above 15 cents in these two years and it is not possible to say whether it will reach that high in the future or not as there are more meme coins in the market which have created huge hype in the market.

When Shib first joined Binance there were no meme coins compete with it but many meme have already entered the market which now has much bigger competitors. But if you are determined to invest here long term then I must say do better research. I won't discourage you, but before investing in meme coins, review its various aspects logically.