Here is a hint for newer people, when you see this level of FUD (Fear uncertainty or doubt, or Facts u deny), often there is a great deal of monetary value they are trying to obscure. I suggest you go to the #shibecoin IRC and check it out yourself. Some of the people posting FUD are competitors, or sharks, or perhaps they just don't have the foggiest notion what is going on. I pick all the best (more profitable) coins, and oddly, always lots of FUD in each of them. An odd coincidence I suppose?

I personally have found some big money and big names behind this coin, accumulating more, and from what I have witnessed, some are manipulating the markets down. I suspect when they are done the price will skyrocket. Always worked that way in the past. The IRC is the place to start real research and see how vast the community is, and compare that to other coins in the past. That is a very good indicator of where this coin is going long term.