Quote from: Abiky on July 13, 2024, 12:15:01 AM

Market cap? More like circulating supply to me. There are over a billion of SHIBA in circulation. That's what makes it worthless. Not to mention, the token itself is a "meme". In other words, it's a pure joke. Even Dogecoin's creators said DOGE was nothing but a joke. You can't take "meme" coins as serious investments. Only if you're a fool or newcomer into the world of crypto. W

hat will make the rise possible to $1, is the non-stop devaluation of the US Dollar (hyperinflation). But it won't matter, especially when the whole world will be concerned of the rising cost of living. There's really no way to get rich out of Shiba Inu. The lucky ones were those who bought SHIBA since launch. Just buy Bitcoin, and forget about the rest. Wink

A lot of people tend to have unrealistic expectations from meme coins, they either don't have any knowledge about the market and know what meme coins are, or they deliberately refuse to see and accept the reality. No one with enough sanity would invest a large amount of money in a meme coin and keep holding it expecting they are going to get rich from this investment, I know some meme coins tend to provide people with huge profits, but that happens once in a blue moon and not every day.

So, such investors need to understand that they are basically wasting their money and their time by buying and holding meme coins, if you buy a meme coin, and get a small amount of profit from it, you should take it and exit the market before it's too late and your tokens start losing value.