SHIB has been trying to shake off the crypto winter. They are together as a community working to building a great future. Many of them claim that they have put their life savings in Shiba Inu and they are already worried over the crypto winter. There are others who claim they are still continuing to buy the dip.
The reality continues to be that most of the time Altcoins are following Bitcoin. There is no independent price trend for altcoins.
A SHIB holder stated, “Why isn’t Shiba moving while other coins move up to 10% today? Is Shiba about to die? Curious, how much further does Shiba have to drop to become non-existent. I hope all this last patience is good, we are very stressed, we are thousands of percent in loss. There is no stimulating news for the SHIBA currency to rise again?”
There are others who are like: “We really have an amazing Shiba community. The more it drops the more we buy and hold on. If we don’t deserve it to reach at least 1 dollar in the next few years then I don’t know who can. Towards glory.”
SHIB is considered to be the main token of the project. They are creating and adding more and more tokens, thus diluting and devaluing Shib. Eventually, users were asked to burn their own tokens and it just looks like this thing will never be worth anything more. Even if they burn 10 billion a year it still will take a century to get under 10 trillion and this thing will never be worth anything more than its ATH.
Those who have lost hope are wondering if it is every worth holding this utterly valueless coin.
Community Musings: The reality is that crypto is down due to hedge funds and banks, market makers etc needing collateral, things are getting spicy.
Still need a proper burn mechanism and not just getting people to burn their own tokens, but the team should have got exchanges to burn a 1-1.5% burn tax or a deal with exchanges to burn 5-10% for every transaction.
Developers are in reality constantly devoting their time to develop new features. While there are mixed opinions, they are determined to make SHIB work.
One group of investors have already given up on SHIB; the others are hoping that burning will fix things; there are yet others who think that adding new features will revive hope in SHIB, there are those group of investors who are like never given up and they are holding to SHIB like they do to their dear life.
Post Views:
16
