While Shib is a memecoin, like Doge, it may very well have a great future. Obviously, it hitting 0.0001 or even 0.001 would be fantastic, hopes of 0.01 is an even further stretch, but that doesn't mean there isn't hope.
Years ago I trashed a hard drive with a small amount of Bitcoin and a ton of Dogecoins. Together, if I had kept them, I'd have been a millionaire. Like many others, I lost out on both Bitcoin and Doge. This is a very, very common story.
Dogecoin in particular was probably the one that caught us more off guard. Sure, when Bitcoin started I figured it'd be worth a lot one day, but I never imagined it hitting what it is now. As for Doge, I had 0 hopes of it ever becoming worth something. Bitcoin, I knew would gain steam, but I just wasn't sure HOW much. Doge really was the shocker. A tipping coin that people would send huge amounts to simply because, hell, it was Doge! It was cheap, worth nothing, and not a ton of people thought it would succeed.
It did succeed, and I'm pretty sure Shiba will too. Here's why:
1.Shiba token team is heavily involved
The Shiba Team has been very active and transparent with the community. Projects such as helping India with Covid aid and other rescue efforts, Vitalik's burn, and even to them also taking a stand in how you can utilize your tokens. Dogecoin, even now has very little else going for it other than being a memecoin that took off.
Shiba has ShibaSwap. A profoundly useful arsenal of tools to put your coins to quick and easy use. Not to mention their own plans on burning the supply over time. Shiba's team is what Doge lacked.
2. It was quickly seen as a powerful option in Crypto
Being one of the limited options in crypto added to Coinbase, it has secured its place in being an easy to access and trusted coin. Most likely, it will be added to Robinhood, further securing a future of consistent gains. The rate at which it is rising is rapid to say the least. It will likely slow down in speed, as would be expected, but if it doesn't slow down...
3. The community is POWERFUL
Boasting a large number of investors both small and large, and attracting the attention of high standing people, it is obvious that is has some real attention. Part of how powerful it has become is due to the community that supports it, and the community will be a big part of how it continues to grow.
4. It shows signs of evolving into much more than what it is now
With all the things it already has going for it, there is much room for more projects and improvement. If the team continues adding more innovative features, it could quickly become much more than what it already is. Which says something, because it is a very powerful coin despite the little amount of time it has been available. Not only does it show signs of more great projects, but it shows signs of gaining an event larger community.
All of that said, I do believe Shib will hit at least 0.0001, and I also believe it will hit the coveted 0.001 mark as well. Beyond that, I can even see it hitting 0.01 at some point in the far future (a few years at least). Either way, I do feel it'll hit at least 0.0001 and 0.001. When? Who knows. If it continues dropping 0s quickly, maybe sooner rather than later.
While it may take some time to see real gains, I am fairly certain buying now is a safe bet for some good gains in the future.
What's a $100~ after all, when it could be the deference between $100 and $1 million.
I'm not going to go overboard obviously, but unlike Doge and Bitcoin, I'm not letting this one slip away.
Cheers!
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