A cryptocurrency analyst on Twitter named “Altcoin Daily” points out that Shiba Inu (SHIB) is just a meme coin fueled by a narrative, and now, the narrative is over. He also advises investors to sell their SHIB. Here are the details…
Strong advice for SHIB investors
Claiming that SHIB is rising with a certain narrative, Altcoin Daily said that the $0.01 and $1 targets in Shiba Inu are all blatant lies, and that investors should buy their profits and sell as much as they can.
However, it’s safe to ignore that SHIB has grown enormously in a short time. As Cryptokoin.com reported, while the market value of SHIB was quite low, it entered the top 10 with its rally last week. Exactly a week ago, it hit an all-time high (ATH) of $0.00008616. Although it has dropped to eleventh place today, it has been surviving at ninth for a while, replacing Dogecoin.
While there are critics of SHIB, supporters of meme coin stand firm by SHIB; He says they “HODL” and buy more. The Shiba Inu is changing hands at $0.0005683, down 13.8 percent at the time of writing. Although the coin has dropped 30 percent in the last week, its one-year return is 84.816,602 percent.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. Therefore, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.