- Thread starter
- #41
Even though SHIB transaction fees are cheap, it will take a long time to revive and investors can take big profits, at least two years. So if you are an SHIB holder, you have to be patient in waiting.
Is Shiba Inu Still Profitable in 2023?
- Thread starter Suba
- Start date
- Thread starter
- #43
Although the hype of SHIB continues to increase such as the launch of Shibarium on the layer-2 blockchain network. and has reached ATH $0.0000884 in Oct 2021, but according to my prediction the revival of the Shiba Inu price will take a long time.
I think that as in all cryptocurrencies, we will have to wait until a bullrun to see such a price takeoff, stay patient, everything arrives, as long as the project is worthwhile.
- Thread starter
- #45
Shiba Inu is different from other cryptos, Shiba inu has done a lot of updating and burning of tokens to reduce the circulating supply, even according to the news I received SHIB will launch a cold wallet. I think all these efforts are done by the SHIB team to boost the popularity and price of SHIB,
Yes, it is one of the few meme cryptocurrencies that is worthwhile, along with Doge, floki and few more according to my opinion, it is one of the few that is worth keeping in the portfolio.
Well to me I do not see Shiba Inu as a profitable coin yet as I have over a thousand Shiba Inu which I bought about a year ago and it only went down in it's value on my wallet and has not risen ever since it went down which I do regret buying it at that moment after using about $6 to make the purchase as at that instead of investing in LTC back then.
