Is it advisable to invest in SHIB at this time?

Whether to invest in SHIB now is a complex decision, depending on many factors and each individual's risk tolerance. Some technical analyses indicate significant upside potential, for example, a bullish flag pattern suggests a possible increase of 48%, and the price may reach new highs in December 2024 and early 2025. However, it is important to note that SHIB is a meme coin, with highly volatile prices and high risks. Although the SHIB ecosystem is developing with Shibarium, ShibaSwap, and other projects, its value still heavily depends on market sentiment and community support. Some indicators show a strong increase in trading volume and the number of new wallet addresses, but there are also warnings about overvaluation. Therefore, before investing, you need to conduct thorough research, consider your own risk tolerance, and consult with financial experts.