Is Shiba Inu Still Profitable in 2023?

[Suba]

The SHIB price reached its highest price in Oct 2021, many SHIB investors have made big profits, but since then the price has fallen. But until early 2023 Shiba inu is still one of the big coin memes. In 2023 there will be many changes to Shiba Inu including becoming part of Shibverse and Shibaswap, which can increase the price of SHIB. Shiba Inu is becoming more and more available on crypto exchanges, resulting in greater liquidity and wider adoption.

 

[Niyi Briggs]

Shiba Inu had a successful run in Oct 2021 but its price has fallen since. 2023 brings changes for the coin as it joins Shibverse and Shibaswap, increasing its availability and adoption. This could lead to an increase in its price.

 

[jetsaints30]

Yeah, I remember when SHIB hit its all-time high back in Oct 2021. That was wild! But even though the price has dropped, I'm still holding onto my SHIB because I believe in the long-term potential of this coin.

 

[flower]

You can still try out Shiba inu because it is a wonderful token for retail investors

 

[iyanpol12]

Shiba is one of the most popular meme coin next to Dogecoin. It was actually hyped. But I think it's still a good coin to invest on. It is currently at the top 20.

 

[flower]

A Shiba inu is a cryptocurrency to consider if you have some amount of money to risk because it is a second leading memecoin in the cryptocurrency space.

 

[uptrendfinancialsignal]

Shiba inu is the second leading memcoins with a very good investment opportunity for those who have low budget and wants to invest in crypto.

 

[cherry123]

SHIB for me can be hold now for the future because I believe in the long-term potential of the coin.. So if one can get it now you can hold it for later

 

[flower]

If you actually wanted to invest in cryptocurrency , I would recommend Shiba inu for those who have low budget and you should be optimistic that this coin is going to increase in the future.

 

[Reedex]

Although the history of the Shiba Inu development has not been so fascinating but we cannot dispute the fact that someone who does not have enough money to invest in cryptocurrency can still choose this coin.

 

[cherry123]

I have always read that this is a promising coin so I will urge those that can buy and store it should do it will be for their own good.

 

[gammarays]

Shiba Inu is the second best memecoin just below Doge. It aims to outperform Doge in the nearby future. However the supply is too much so systems should be in place to reduce supply.

 

[cherry123]

Yeah if it is in too much supply then it should be reduce any way to curb it's unlimited supply this is one coin that will be around for a long time

 

[gammarays]

The major issue hindering the progress of Shiba Inu is the high supply of tokens in circulation. With the promise of Shibarium, it's expected the token will increase in value.

 

[uptrendfinancialsignal]

The major issue hindering the progress of Shiba Inu is the high supply of tokens in circulation. With the promise of Shibarium, it's expected the token will increase in value.

That's the major point because the unlimited supply of Shiba inu will greatly make the price decline.

 

[Reedex]

We cannot really decide if Shiba Inu would be profitable in 2023 except if it want to follow the trend of the Dogecoin.

 

[uptrendfinancialsignal]

It seems the price of a Shiba inu is driven by the price of dogecoin if that is true, it will surge in the future.

 

[flower]

It seems the price of a Shiba inu is driven by the price of dogecoin if that is true, it will surge in the future.

I support your submission because it is true that the price of Shiba Inu is driven by that of the Dogecoin

 

[Smalto]

The SHIB price reached its highest price in Oct 2021, many SHIB investors have made big profits, but since then the price has fallen. But until early 2023 Shiba inu is still one of the big coin memes. In 2023 there will be many changes to Shiba Inu including becoming part of Shibverse and Shibaswap, which can increase the price of SHIB. Shiba Inu is becoming more and more available on crypto exchanges, resulting in greater liquidity and wider adoption.

Wow, good to know and thanks a million times for dropping this informative update, I have really heard a lot concerning this shiva in, I think I will need to look into it for the meantime and start exploring it.

 

[Suba]

Wow, good to know and thanks a million times for dropping this informative update, I have really heard a lot concerning this shiva in, I think I will need to look into it for the meantime and start exploring it.

Until now I still hold SHIB even though the amount has been much reduced due to take profit in 2021, and I plan to collect SHIB for 2025. and I hope to get a bigger take profit.