When comparing Shipa Inu with other meme coins like Dogecoin and Shiba Inu, we find that Shipa Inu lacks some fundamental factors that have helped those coins remain in the market longer.
Institutional support or partnerships: for example, Dogecoin has received endorsements from influential figures like Elon Musk, boosting its presence. Shipa Inu does not yet have any support from influential individuals or companies.
Infrastructure and projects: Shiba Inu, despite starting as a joke, later developed an integrated ecosystem that includes a wallet, decentralized exchange, and an NFT project. Shipa Inu has not yet shown indicators of developing similar projects.
Transparency level: relatively successful cryptocurrencies tend to show clear information about the development team and the future roadmap, which is often lacking in projects like Shipa Inu, undermining trust in them.
Future predictions:
It is unlikely that Shipa Inu will achieve stability or actual use in the future unless there is a significant change in the project's approach or strong support from the community or market. The investment opportunity in it remains solely based on short-term speculation, which is inherently high risk.
Summary of opinion:
If you are looking for real investment opportunities in the cryptocurrency market, focusing on projects with a strong technical foundation, transparency, and actual use cases is the best option. Coins like Shipa Inu are more suited for speculation than investment.