Will Shiba continue to rise or will it pull back?

Bitcoin Talk and Cryptocurrencies Altcoin Discussion
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Yeah not good for the market but I think it should set realistic expectations for everyone else trying to become a millionaire from crypto trading.

I know right. Who knew we’d be talking about dog coins in 2021. :confused:

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The confusing part is now more meme coins are coming out, but these teams are actually building, or at least planning to build, utility into the project. Real, legitimate utility, whether that be governance, NFT or some form of DeFi.

You definitely need to do your own research.

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It could be worse. SQUID coin turned out to be a complete and total scam after all. People invested millions in it because they thought they were legit. :unamused:
Why all these coins are named after animals though, that’s beyond me.

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Because of Squid Game! Have you seen that show? I’ve only seen one episode lol

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I think this was more about a quick buck. Or an easy buck.

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No, I haven’t seen the show but I am mostly aware of what it is about through cultural osmosis online. :smiley:
I confess it sounds too violent for my taste.

27

Same. Didn’t really appeal that much to me. Perhaps due to its dark nature/level of violence lol.

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Shiba is a cryptocurrency that has seen a significant rise in price over the past few months. Use proper technical analysis and all the available information to forecast whether Shiba will continue to rise or pull back. Don’t rely on others to make predictions for you.

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Perhaps. Nobody can tell for sure. It has definitely gained a lot of attention from investors and traders since its last spike. We can only speculate and rely on our analysis. Hopefully, it will surprise us all again.

30

Still more upside to come I believe

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Owing to its high volatility and instability in the crypto currency market, Shiba Inu is a suitable cryptocurrency for crypto trading day. Recently, it has crossed one million users or crypto investors with one million digital wallets. Crypto investors focus of this cryptocurrency for yielding revenue in short term.

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Crypto investors focus on Shiba cryptocurrency for yielding revenue in short term.

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Shiba Inu is down 6.60% in the last 24 hours.