Table of Content
1-Bitcoin ($BTC )
2-Ethereum ($ETH )
3-Binance Coin ($BNB )
4-#solana (#sol )
5-#Ripple (XRP)
6-#Dogecoin (#DOGE )
9-#Cardano (ADA)
8-SHIBA INU (SHIB)
Inspired by Doge, Shiba is another meme token with a dog face as a mascot.
Pros of Shiba
Valuable Meme Crypto Brand: Shiba Inu has leveraged meme-friendly branding, similar to Dogecoin, to stand out in the crowded crypto market, gaining significant social media traction.
Shibaswap: The creation of Shibaswap by Shiba Inu developers aims to enhance community engagement and brand building within the Shiba ecosystem.
Potential for Robinhood Trading: Shiba Inu’s potential inclusion on platforms like Robinhood presents an opportunity for increased accessibility and trading volume.
Cons of Shiba
Extreme Volatility: The rapid price fluctuations of Shiba Inu pose risks for investors, with the average holding period being just 13 days, indicating high volatility and potential for significant losses.
Lack of Real-World Utility: Shiba Inu has limited real-world utility, is accepted by only a few dozen vendors globally, and lacks distinctive features to set it apart in the competitive crypto landscape.
