Shiba Inu: Meme Coin Forever? High Supply Creates Hurdle Despite Ecosystem Growth
Posted: Sat Mar 08, 2025 2:50 am
Shiba Inu: Meme Coin Forever?
Despite Shibarium, ShibaSwap, and a growing ecosystem, is Shiba Inu destined to remain a meme coin? Its massive circulating supply, a hallmark of meme coins, seems to be holding it back. Can SHIB ever truly compete with the likes of Bitcoin or Ethereum with such a huge supply? What would it take for SHIB to break free from the meme coin label? Is burning enough SHIB even feasible, and what impact would that have on current holders? Let's discuss the future of SHIB and whether it can transcend its meme origins. Is it a long-term hold or just a quick flip? I'm predicting SHIB will never escape its meme coin status. What do you think?
Despite Shibarium, ShibaSwap, and a growing ecosystem, is Shiba Inu destined to remain a meme coin? Its massive circulating supply, a hallmark of meme coins, seems to be holding it back. Can SHIB ever truly compete with the likes of Bitcoin or Ethereum with such a huge supply? What would it take for SHIB to break free from the meme coin label? Is burning enough SHIB even feasible, and what impact would that have on current holders? Let's discuss the future of SHIB and whether it can transcend its meme origins. Is it a long-term hold or just a quick flip? I'm predicting SHIB will never escape its meme coin status. What do you think?