Is SHIB worth investing in???
SHIB was born at the peak of a bull market, it has no application scenarios and no storage value. The only use is for trading, allowing exchanges to earn trading fees.
Will the market makers in this round of the bull market help the previous round of retail investors get out of their positions???
I don't think so!
Because the cost for market makers to hype a new coin is very low, but the cost to rescue an old coin is infinitely large.
Why does Elon Musk promote Dogecoin? Because Dogecoin has been around for a long time, has a low price, and has remained obscure without market makers or significant retail investors.
When Musk buys casually, the chips accumulate in his hands, and then when he promotes it, with just a small amount of capital, Dogecoin will rise, retail investors will follow, and then Musk will sell, leaving retail investors sitting at the peak. It's just a game like that.
SHIB emerged because many retail investors missed Dogecoin, can't afford BTC and Ethereum, and in this gap, it became a tool to harvest retail investors. However, many people don't understand that to harvest retail investors, you need a coin like SHIB, which must be new in terms of generation, strong in concept, sufficient in traffic, and have a user base. Hence, SHIB was born. $SHIB