Who Wants to Be a Billionaire from Shib in This Bull Run?
All Loves Shib While Less Investor Investing in Bull Run
Shiba Inu (SHIB) is one of the most popular cryptocurrencies in the world. It is also one of the most volatile. In the past year, SHIB has seen some incredible highs and lows. For example, in October 2021, SHIB reached an all-time high of $0.00008616. However, by January 2022, it had fallen to $0.00001746.
This volatility has led to a lot of speculation about whether or not SHIB is a good investment. Some people believe that SHIB is a great way to get rich quick. Others believe that it is a risky investment that could easily lose you money.
So, who wants to be a billionaire from Shib in this bull run?
The Answer is: Not Many
Despite the hype surrounding SHIB, there are not many people who are actually investing in it during this bull run. According to data from CoinGecko, the number of unique SHIB holders has actually decreased since the start of the bull run.
Why Are People Not Investing in SHIB?
There are a few reasons why people may not be investing in SHIB during this bull run.
Risk: SHIB is a very risky investment. It is highly volatile and its price could easily drop to zero.
Lack of fundamentals: SHIB does not have any real-world use cases. It is not backed by any assets or revenue streams.
Hype: SHIB is being hyped up by social media influencers and celebrities. This hype is not based on any real fundamentals.
What Does the Future Hold for SHIB?
It is difficult to say what the future holds for SHIB. However, it is important to remember that SHIB is a very risky investment. If you are considering investing in SHIB, you should do your own research and make sure that you understand the risks involved.
Here are some additional things to keep in mind:
SHIB is a highly volatile cryptocurrency. Its price could easily go up or down by 50% or more in a single day.
SHIB does not have any real-world use cases. It is not backed by any assets or revenue streams.
SHIB is being hyped up by social media influencers and celebrities. This hype is not based on any real fundamentals.
If you are still interested in investing in SHIB, you should only invest an amount of money that you can afford to lose. You should also be prepared for the possibility that your investment could go to zero.
Conclusion
SHIB is a risky investment that could easily lose you money. If you are considering investing in SHIB, you should do your own research and make sure that you understand the risks involved.