Is $SHIB worth investing in?

Shib was born at the peak of the bull market. Shib has no application scenarios and no storage value. Its only use is trading, allowing exchanges to earn transaction fees.

Today, I'll explain the various functions of a coin.

One is trading, one is payment, and one is storage. Beyond that, there are no other uses.

BTC is the king of coins because it not only allows for payment but also storage, and it's the leading provider of wealth storage.

It's also the most reliable, largest, and most successful blockchain application, bar none. It was king from the start. No frills, just a payment and storage solution.

Many coins on the market are application-based. With the development of the times and the rapid evolution of industries, application-based projects, like Nokia and Kodak, will inevitably be eliminated. However, old industries like banking have survived for thousands of years. The simpler, the more adaptable.

Just like a single-celled organism can produce anywhere, but an individual can only produce within a group society.

Complex, high-level coins are actually extremely fragile. Their relevance will continue to decline.

I've looked at other coins, and none of them are truly viable, yet the "leeks" (Chinese investors) believe in them. BTC could easily last 100 years.

Other coins won't last more than four years.

For a coin like Shib, the market makers in this bull market won't help the "leeks" (Chinese investors) unwind their losses from the previous round. The cost of hyping a new coin is minimal, but the cost of unwinding an old one is immense.

Why did Musk call for a buy on Dogecoin? Because Dogecoin has a long history, a low price, and has remained obscure, with no market makers and few retail investors.

Musk can simply buy, and a large amount of chips will fall into his hands. Then, with a single call, even a small amount of capital will cause Dogecoin to rise. Retail investors will then follow suit, and then Musk will sell, leaving them sitting on the top. It's a game.

Shib arose because many retail investors missed out on Dogecoin and can't afford BTC or Ether. During this period, a tool was created to harvest the "leeks" (Chinese investors). However, many people couldn't understand why the harvesting market lacked a coin like Shib. It needed to be new, have a compelling concept, sufficient traffic, and a user base. Thus, Shib was born.

Having said all this, I believe you already have the answer in your mind.