What are the chances of Shiba Inu surviving in the cryptocurrency market?

3 answers

• Dec 28, 2021 · 3 years ago
  As an expert in the cryptocurrency market, I believe that the chances of Shiba Inu surviving are quite slim. While it gained initial attention due to its meme status, it lacks the strong fundamentals and use cases that are necessary for long-term success in the market. Additionally, the cryptocurrency market is highly volatile and competitive, making it difficult for meme-based coins to maintain their value over time. Investors should exercise caution when considering Shiba Inu as an investment option.
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• Dec 28, 2021 · 3 years ago
  Well, let me tell you, the chances of Shiba Inu surviving in the cryptocurrency market are like finding a needle in a haystack. Sure, it gained some attention because of its cute dog logo and meme status, but that doesn't guarantee its long-term success. The cryptocurrency market is a wild ride, and only the strongest and most promising projects have a chance of survival. Shiba Inu might have its 15 minutes of fame, but don't expect it to be the next big thing.
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• Dec 28, 2021 · 3 years ago
  From my experience at BYDFi, I've seen a fair share of meme-based cryptocurrencies come and go. While Shiba Inu has certainly captured the attention of the crypto community, its chances of surviving in the market are uncertain. The success of meme-based coins largely depends on the community's continued interest and support. If the hype dies down, so does the value. However, it's important to note that investing in cryptocurrencies always carries risks, and it's crucial to do thorough research and diversify your portfolio.
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