Is Shiba Inu big dump coming ?

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I have personally invested in Shiba Inu multiple times and made good money.

I even encouraged others here to buy. But , the way it is rising now is scary. I mean at one time point, it will dump for sure. Also, majority of the Shib is with few holders ( less than 10-20). They can dump anytime.

Or is it going to rise steadily ? They have NFTs coming and various other burn mechanism. Robinhood listing may be possible which blowed up the prices for dogecoin in past.

What do you guys think about this ?
 
At the moment, I think that he will go to the moon with good news to come. For example, Robinhood
 
Here's what I think.

There's a lot of wealthy people who WANT TO MAKE OTHER PEOPLE RICHER

People who have wealth like Mark Cuban, Elon Musk, & many background payers feel good seeing others feel good (as anyone should)

With the burn that's going on (Which is a surprise)
The brand name being more professional than DOGE coin
The price being more friendly to international adoption than DOGE
And the other things coming

I do believe SHIB will rise.................. it will come down possibly but it's not yet at its peak at all.

It's so big now that the owners have a full on blessed career with experience and they will do a lot to keep that ball running. No rug pull needed.

It may dip but it will go higher than where it's at.

However, whoever that millionaire that bought a massive share of the tokens... they can change a lot at an instant

Plus they gave a ton of coins to ETH's founder and i think he's burning a lto of that but gave a ton to charity, who i'm sure will sell in time (if they havent' already)
 
Whales own most of the total supply. As soon as they feel like they made enough profit, they will sell everything and the price will dump like a rug pull.
Also, it's not healthy for a coin to have such a massive price increase in a short time. When it happens, a correction usually follows.
If I had some SHIB I would probably HODL a bit more, but I wouldn't buy it. Never buy a coin at its ATH. But if whales sell and the price goes down by 50%, it could be a good opportunity.
 
At the moment, I think that he will go to the moon with good news to come. For example, Robinhood
Where do u guys get notified when stuff like this happens
 
Robinhood listing Shib is just a rumor. I think they mentioned Shib in a survey, but it doesn't necessarily mean they're going to list it.
Yeah , I know but where u can see a news like this if it happens?
 
I have personally invested in Shiba Inu multiple times and made good money.

I even encouraged others here to buy. But , the way it is rising now is scary. I mean at one time point, it will dump for sure. Also, majority of the Shib is with few holders ( less than 10-20). They can dump anytime.

Or is it going to rise steadily ? They have NFTs coming and various other burn mechanism. Robinhood listing may be possible which blowed up the prices for dogecoin in past.

What do you guys think about this ?
Bought that coin a while ago it crashed to 0.000006, I counted my losses and sold. Now it's rising again but affliction shall not rise a second time.
 
When stuff like that happens dont ask too many questions, sit back and enjoy the ride :)
have an eye out for when it starts to correct but so far shib held support at 0.00004 which is amazing...

*not financial advice * btw lol
 
When stuff like that happens dont ask too many questions, sit back and enjoy the ride :)
have an eye out for when it starts to correct but so far shib held support at 0.00004 which is amazing...

*not financial advice * btw lol
Sit back and enjoy? You expect a dump but you hold and sit back and enjoy. Google strategy. It already started correcting now.
 
I sold , next time I may gamble big on it. Hopefully I can get the news that it will be listed on robin hood
 
Sit back and enjoy? You expect a dump but you hold and sit back and enjoy. Google strategy. It already started correcting now.

yeah sit back and enjoy bro
Some of us think it can go up in the long run and dont get excited after they made or lost $100 lol
Im in it to 10x it or more if ure chasing 5-10% gains ure in the wrong field
 
I think a dump is likely .. the coin holds no value aside from community hype
shib has the strongest community behind it after btc and eth IMO... there wont be a 'dump' because this isn't a pump and dump. there will be a correction (very normal after the huge gains we got ) for a bit and it'll keep going.. like it should
 
shib has the strongest community behind it after btc and eth IMO... there wont be a 'dump' because this isn't a pump and dump. there will be a correction (very normal after the huge gains we got ) for a bit and it'll keep going.. like it should
So the only thing driving this coin is community and network effects?
 
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