Talk About $SHIB : The Current Status of Established Memes

If we consider the entire Meme sector as a food chain, then SHIB is no longer the leading predator, but rather resembles an 'established legacy species'.

In the past, SHIB relied on the popularity of Dogecoin and its large community to reach a top position in global market capitalization. But looking at it today, its size is too large, and its price trends are more constrained by the overall market environment, lacking the flexibility for explosive rises and falls.

The project team hasn't completely given up; they have gradually launched Shibarium Layer 2 network, DEX, NFT, stablecoins, and other initiatives. However, these products do not have strong competitiveness within the entire industry, serving more to maintain the community and ensure the project does not 'die'.

From a financial perspective, SHIB resembles a 'passive asset'—when the market heats up, some people might allocate to it; during cold market periods, it does not actively lead the trends. In other words, its value comes more from its 'presence' rather than growth potential.

The risks are also quite straightforward: the circulating supply is too large, making it nearly impossible to multiply several times over. Opportunities are limited; in most cases, it is merely a periodic emotional participant.

It is more like a mirror: it can reflect the heat of the Meme market but is no longer the protagonist that leads people to wealth.

It is suitable for observation but may not be appropriate to place too many expectations upon.