Why NOT?
1. Lack of Real Usability
Limited utility: Shiba Inu lacks a solid use case compared to other cryptocurrencies like CHAINLINK. Its value relies more on speculation than on a clear functionality in the market.
2. High Volatility
Risk of losses: SHIB is extremely volatile. You can experience significant losses if the market moves against you, especially if you enter at a high point.
Influence of "Blue WHALES": A large portion of SHIB is held by a few wallets, meaning that large sell-offs can crash the price.
3. Excessive Supply
Almost infinite supply: Shiba Inu has a maximum supply of a quadrillion, making it difficult to reach high prices without a significant adjustment in demand.
4. Dependence on Community and Marketing
Trend-based: SHIB relies on viral movements, such as social media posts or external influences, which does not guarantee long-term stability.
5. Regulatory Risk
Uncertain future: Governments are increasing scrutiny towards cryptocurrencies. If they regulate "memecoins" or ban them, the value of SHIB could plummet.
6. Fierce Competition
Too many alternatives: There are other coins with better reputation, utility, and track record, such as CHAINLINK (LINK).
7. Speculative Effect and Bubbles
Doubtful sustainability: Memecoins like SHIB are prone to forming bubbles, where prices spike without fundamental reason and then collapse abruptly.
If you decide to invest, make sure to diversify and only use money you are willing to lose