[Angel investor says Shiba Inu is destined to succeed]
A prominent investor refuted critics’ claims that Shiba Inu will become extinct within the next five years in a recent X tweet. The critic believes that only two or three meme coins will remain in the top 50 rankings and predicts that SHIB will lose most of its value, urging investors to sell off all meme coins.
On the contrary, Crypto King opposes this view. He said those who doubt the durability of meme coins like Shiba Inu Coin may lack a deep understanding of the market. He noted that the current bull market has attracted a large number of retail investors, many of whom encountered meme coins like Shiba Inu Coin on centralized exchanges for the first time.
Notably, Shiba Inu Coin is listed on more than 130 centralized exchanges, including nearly all major global exchanges such as Binance and Coinbase.
Crypto King emphasized that Shiba Inu Coin’s widespread availability is evidence of its strong market position, which he believes gives it a competitive advantage.
The analyst supported his position by comparing gold to a lesser-known, newly discovered shiny crystal. He asked a rhetorical question: If given a choice between gold and a less valuable crystal, which one would a rational person choose?
He believed that anyone with rational judgment would choose gold. Crypto King emphasized that the same principles apply to established meme coins like Shiba Inu Coin.
“OG meme coins like SHIB are destined to succeed,” the angel investor declared. He then challenged the doubters, urging them to save his statement and revisit his predictions two years later.
Also supporting Shiba Inucoin’s enduring presence in the cryptocurrency industry is the fact that its development team has been actively transforming SHIB from a mere meme coin into a project with practical uses in the technology industry.
For example, Shiba Inu Coin has developed its own blockchain, Shibarium. Now, key members of the Content Delivery and Security Association (CDSA) such as Apple and Netflix are considering using it to solve AI-driven content problems such as deepfakes and plagiarism.
Additionally, Shiba Inu Coin has entered into a partnership with Paris-based crypto company Zama, with the aim of advancing privacy-enhancing solutions for the cryptocurrency industry.
