SHIB

NUMBerONEisFIRST

Depends how you look at it. People say SHIB is a scam. I put my stimulus checks into SHIB, made about $5,000 in profits, and sold. It was my down payment on my car. It's like how people say guns are dangerous. Guns are a tool that can be used for good and for bad. Crypto can also be used for good and for bad.

Remarkable_Pizza_578

People on SHIB want OUT since a long time.

maddmannmelludy

This will be the first base token that surpasses the original by a long shot. Yall were so upset after missing the og SHIB and now you have a second chance to become rich.

LacCoupeOnZees

Why do I keep buying SHIB

Adventurous_Bison834

💙 Shiba on Base – not a derivative, a true $SHIB replacement ✊ Backed by OG Floki whales 🎟️ VIP Sponsor at Base’s ONCHAIN SUMMIT 🔒 $160K locked for 3 years in v4 pool 🔥 Auto-buy & burn SHIB every transaction 📡 1,500+ billboards live through year-end 🟦 Built for Base. Built to dominate.

IAmJay95

SHIB on Base is cooking. Get in the telegram and see for yourself, this is gonna be MASSIVE

_pondering_insomniac

Just a question…Why are you even considering that the government would hold SHIB? Lol

SirBankz

As you gain a lot in 2020, you should know that those coins will try to recover which is what is happening. There are some hot tokens you can leverage on. Memecoins like DOGE, PEPE and SHIB will still make another ATH. You can hop on them at the right time.

EddaST17

I was in crypto around 2020 too, and yeah-wild times with DOGE, SHIB, NFTs, etc. In 2025, things feel more focused on real utility. Meme coins still exist,but they’re not as crazy as before. I still believe in Solana, XRP, and Ethereum-strong projects with active development.If you're looking for new stuff maybe check LayerZero or Celestia,but always DYOR. Good luck getting back in!

TJames6210

"SHIB, or otherwise" lmao

jawni

Thanks chatGPT. It's funny how you can tell what OP has used it for previously as it brought up stuff like WhiteBit and SHIB despite it hardly being relevant.

StretcherEctum

SHIB for governmental holdings? Really lol?

MichaelAischmann

DOGE, SHIB, PEPE are all down double digits on the weekly. Is meme season over?

No-Setting9690

But my billions in SHIB is worth like $50. lol Hacker going to break in and feel sad and add BTC to my wallet. j/k. I only ever state the actual coin/token, never ever ever the amount. Also DMs have been blocked for years. Thsi place is not safe for any DMs.

xarips

VINE coin will be the SHIB of this cycle, especially once Vine actually gets brought back to X and integrated Youve been warned

CyberCrud

Realistically, it can't... yet.  When it comes to crypto value, people don't consider the market cap.  For BTC to hit $1M, that would mean the market cap would be $21T, which is more than gold.  That's unrealistic right now.  But it could happen over time. And it might only take a dozen years or so.  But the other reason that BTC goes up is when the dollar goes down.  Like gold, BTC is inflation-proof.  So if the dollar collapses to the point where BTC is $1M then your buying power would still be the same. For example, if the dollar's value today crashes to the buying power of a dime, BTC would be worth $1M, but you'd still only be able to buy $100k worth of stuff.  This is why people who thought Shiba could hit a dollar were crazy.  For SHIB to hit one dollar, the market cap would be 4x more than all the money on Earth.  It's ridiculous.   Bitcoin has a 4-year cycle. We're approaching the FOMO ATH cycle now.  This will eventually top out maybe around $140k or so, give or take.  Then it will drop to around $70k by late 2026.  I already took my profits this cycle so I am hodl until 2029 after the Spring of 2028 halving event.  I paid off my mortgage with it, so I'm happy.  The next cycle, I build a new house.  Does that mean it's gonna suck when I lose $50k of my portfolio next year?  Sure.  But I've been through it twice now.  I play the long game and the cycle.  When everyone is crying and saying BTC is done in 2026, I'll be scooping up more in preparation for the next ATH.   $1M BTC in 2025? No chance.  2029?  Unlikely.   2033?  Maybe!

imjustgonnasendittt

$OSCAR is the most undervalued project in the space. OG SHIB Team (w. Co founder) OG Ryoshi Vision ( charity, doge rebase token) OG Community Ethos (decentralized, burns, staking) Fade at your own risk.

majestical99

Sold goddammned SHIB at a 20k loss two weeks before it started its rise. Missed out on anything up to 140k

No-Setting9690

I have SHIB. Got it dirt cheap before anyone knew what it was. Just holding it. Probably will be nothing, but well see come 2040.

Shakyinvestments

I started with 500 bones playing the spikes with a volatile piece called shib. Then graduated to tech stocks. Built up 100k and rolled it all into the following crypto: SHIB (30k yes I know, it’s a shit coin), ETH, AVAX, DOGE, SOL, MEW, XLM. I figure one of these bastards will net me a good return this cycle. Word to the wise - if SHIB is up 40k sell that shit and buy back in when it dips. Happy stressing. Believe me, it can be stressful on those dips.

Boon2Moon

So the frens who created $SHIB are back with $OSCAR, the meme that inspired SHIB and they follow Ryoshi bp insane!!!!

H8880880

SHIB hero.

Shakyinvestments

SHIB ETH AVAX DOGE XLM MEW I am ready

Emergency_Egg1281

just like everybody in the SHIB and PEEPEE forums !! lol

Dr_Armani

Shiba Inu (SHIB) is still positioned to rise up to five times its current price by the end of December 2025, and the reasons behind that potential are more than just hype. Its presence on every major exchange gives it unmatched accessibility. When the market heats up and new retail investors enter, SHIB is already available, already liquid, and already familiar. That kind of exposure naturally draws in volume and pushes price momentum without needing major events. Token burns through the Shibarium network continue at a steady pace. While the effect on supply isn’t extreme yet, the consistent removal of tokens supports the long-term idea of increasing scarcity. That helps build investor confidence and can gradually shift the supply-demand balance in SHIB’s favor. Shibarium itself is live and functional. Unlike most meme tokens, SHIB now operates within its own Layer 2 blockchain, giving developers and users a reason to engage with its ecosystem. Even modest usage gives SHIB a layer of utility that many other low-cost coins simply don’t have. Large wallet holders—whales—have not exited. On-chain data shows many have held or even accumulated more SHIB over time. This kind of long-term positioning from major holders signals belief in a future price surge. It also helps stabilize the market, since these wallets aren’t likely to trigger panic sell-offs. SHIB continues to benefit from its branding. New crypto users entering the market often start with low-cost, well-known coins. SHIB fits that profile perfectly. It’s easy to understand, widely talked about, and cheap per unit. That makes it a top candidate for the kind of mass retail buying that fuels sharp upward moves. Given all of this—strong exchange presence, regular token burns, real infrastructure, consistent whale accumulation, and high retail appeal—Shiba Inu has a realistic path to increasing fivefold from current levels. It won’t happen overnight, but if current trends hold and the broader market remains bullish, that target by December is within reach.

No-Setting9690

Keep dreaming. You all are crazy like HEX or Safecoin owners. It's a closed system. I can spend SHIB in many places, not MOONS. They only work here. You all want to discuss useless alts but keep propping this up. I will keep saying it over and over, it is exactly the same as Disney bucks at Disneyworld. You can only spend them in the park. So why all the hype? Many many other shitcoins have a better future than this. I'm just not convinced.

Harucifer

More of a future than SHIB and other moronic shitcoins

No-Setting9690

Same as other commenter. Explain why they're undervalued. As far as I know they only serve a purpose here. Which makes them all but useless. At least i could rent a Lambo with my shitty SHIB.

gnufoot

I'm not trying to criticize XRP or SOL, or compare them to the memecoins I mentioned. I'm just saying that getting only a small fraction of a BTC shouldn't matter. It's about how much it'll go up or down in %. If BTC had a 100,000x higher supply cap, it'd be worth 1,20$ now, and you'd be able to buy a few hundred BTC. But it wouldn't change anything in terms of how much money you'll make or lose by investing in it. That's why I took PEPE and SHIB as examples, as they have a super low $ value. The line I quoted suggests that the number of tokens you can buy is a determining factor.

civilian411

Now lets do this with SHIB. Daddy needs some new bowling balls.

agent__0059

Don’t put words in my mouth. SOL and XRP are successful and gaining some momentum due to their utility. SHIB and PEPE are just useless meme coins that are at best collector’s items. XRP is up over 500% in the last 12 months, BTC is up 80% by comparison so not a bad investment.

gnufoot

> A few hundred dollars is only going to get her a small fraction of a bitcoin By that logic she should buy PEPE or SHIB. She will instantly be a millionaire or even a billionaire!

Emergency_Egg1281

Does it matter ? If it makes you money, it is what it's all about. It's a "safe " meme, or it would not be on a platform like Coinbase. DOGE and SHIB and PEPE are the same , and they are huge. All I can tell you is if you're lucky enough to hit a coin that goes up 100% in a week , cash out. Hold money till it goes back down, then buy back. I did that with LOKA last week . Bought at almost all-time Low , spiked 135% up in one week. I cashed out with a 95 % gain. Threw it all in XLM. got that at .35 so up 20% as of now.

bbatardo

I have no facts to support this, but I often feel like meme coins ruined alt season and so many got burnt gambling that most settle on Bitcoin and a few of the top cryptocurrencies now. In previous alt seasons people would gamble on alts hitting with a few memes like DOGE, SHIB, etc. Even those holders got burnt.

002_timmy

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A1JX52rentner

You still hold SHIB?

pixeltweaker

You must be all in on SHIB.

NombreCurioso1337

I mean, I own a million SHIB... So that's a *kind* of millionaire, right?

OderWieOderWatJunge

Thinking of selling some BTC for KAS or SHIB what do you think? Maybe there will be an Alt season after all?

Ikki_The_Phoenix

Better ROI? Shítcoins like SOL did 260× in a year. Even shítcoins like ETH pulled 480× in 6 years. Even trash memeshitcoins like DOGE and SHIB printed six figure gains from peanuts. Meanwhile shítcoin BTC gave what a 2× this cycle? And that '‘yield = dilution’' line is a total cope. Apple pays real dividends and buys back stock with cash. REITs hand out 5 to 8% rental yield. High yield bonds pay 6 to 8% in actual dollars. Shítcoin BTC is a zero yield rock. It doesn’t produce income it just waits for new buyers. it needs big players now to push the price up....

Memecoin_Queen

Not a lot of people know the SHIB origin story and it was the first thing that came to mind the past week! This is a new beginning for $HODI and I am freaking excited!

Memecoin_Queen

So excited for the future of $HODI! Ares and the Sprout team are smashing it out of the park already and it hasn't even been a week since they took over! $HODI is following in the footsteps of $SHIB and it's only a matter of time before it's also in the top 20!

darthmaui728

ok i will buy more SHIB. Thanks for the tip

Theaccountant_36

Seems like a solid project, haven't got in a decent one on ETH since $SHIB.

zooka19

Sometimes I wonder my life decisions... I have BTC/ETH/SOL/BNB/XRP in order of largest to smallest positions. With DOGE and SHIB just there because. it's not a huge amount. I coulda BTC/FART/PEPE and be retired.

Medium_Change4574

Mixed up DOGE and SHIB

veegaz

Just like PEPE, its predecessor DOGE and its predecessor SHIB It's the next fun coin to gamble with lol

toshiMoshiSatoshi

It's still baffling to me that SHIB is holding up so good all these years.

iamjide91

You prolly overthinking this. If bitcoin crashes, that's not going to be of value to anyone. But then, every asset has a pattern. If you want to know how the asset will behave over time, you prolly need to see how it's done in the past. Maybe with a few instruments like moving averages, RSI, having an indept knowledge of price action, you can determine this. I've committed my time into studiying BTC, ETH, SOL, AIOZ, and even memes like SHIB, and DOGE a lot of times and I've made a lot of profits with those. Some assets needs more patient than the others. Especially if you are trading XRP or ADA for instance. Don't worry, you'll get used to it. AI agents can also help in a lot of ways.

unknown-one

200 million billion trillion SHIB are ready, with quadrillion quintillion more well on the way

neoikon

Millions of SHIB, as far as the eye can see...

arjum-mandal

For fast sellouts and profits using Unmineable and Coinbase focus on popular high liquidity coins like Shiba Inu SHIB Doge DOGE or Ethereum Classic ETC. These are widely supported have active trading volume and are easy to sell quickly. However profitability depends on mining difficulty your hardware and electricity costs always calculate before mining.

Tall_Run_2814

I'll use something I noticed during the last cycle as an example. When Shiba Inu came onto the scene there were thousands of ppl saying that Shiba is so cheap that when it gets to a $1 they'll be millionaires. I quickly did the math and realized that Shibas supply is approx 590 trillion coins which which means Shib at $1 would place its market cap at around $590 trillion dollars. All the coins in crypto combined have never been worth more than 5 trillion dollars so would it make sense that SHIB would be worth $590 trillion alone? The answer is no. A lot of these coins are released with large supplies so that they can be sold at extremely low prices. Doing so tricks new and uninformed investors into thinking they can buy a million or even a billion coins for little money and potentially be rich someday. Your best bet is to forget about the price and focus on market cap and supply. I often find myself talking about this topic when discussing Bitcoin. People see the 100k price tag and think "owe thats expensive I can't get rich off that". I point out to them that Bitcoins supply is only 21 million if Bitcoin had the same # of coins as Amazon has shares (10.6 billion), Bitcoin would be about $180 a coin. The value of Bitcoin would be the same but psychologically ppl would probably feel more likely to build wealth buying a $180 coin vs 100k coin even though (in this example) both hold the same value. The second part of this is liquidity. Liquidity is not an issue when it comes to Bitcoin or any of the major coins sold on exchanges because theres enough buying and selling going on to ensure that you will be able to sell those coins. That guarantee is not offered when dealing with smaller new projects and coins that have low market caps and low liquidity. For example lets theres a coin out there that has a market cap of 1 million dollars and a supply of 1 million coins meaning the price is $1.00 a coin. But lets say theres $200,000 in liquidity on the exchanges. If a major holder comes in and sells 200k coins and drains all of the liquidity. The remaining 800k coins essentially become worthless as there are no more buyers. This is very rough and simplified explanation but I just wanted to point out that this is why its so reckless for ppl to chase after low cost coins and presales and airdrops, these are extremely risky to hold as the creators of those coins and the largest holders of those projects can singlehandedly crash that coin and leave it worthless at any given moment. If you go and look at the actual liquidity of most (if not all coins) the liquidity (the amount of actual monies) is far less than the market cap. If you're endeavoring into newer riskier projects make sure you check the liquidity and ensure that the # of holders is well spread out without a single holder or small # of ppl controlling most of the coins.

MichaelAischmann

4x on SHIB confirmed.

Expert-Detective-525

IK Doge and SHIB, follow the cash lol

Powerful_Respect_400

It's probably because you're looking at meme tokens. Anyone can create these and are basically gambling. Been in the game since 2017. I feel like it started with ETH, binance-pancake swap, and now it's SOL. I've seen some base tokens as well. It's all useless gambling. Although I did make good money on SHIB. I suggest you look at Pepecoin (PEP), not to be confused with PEPE another token, and HODL until 2029-2030. It's layer 1 memecoin like DOGE. It took DOGE like what 7 years to get to a cent? There's a huge difference between pow and pos. BTC, DOGE, AND PEP are pow. Memecoins are still gambling and depend a lot on the community, which PEP's is strong enough, and demand which we will see in the future.

VendettaKarma

BTC is the safe one. PEPE , SHIB, TRUMP.. you know the deal lol

Master_Grape5931

SHIB is the one true coin!

ComposerTrade

Absolutely, you can automate meme coin plays just like any other strategy. Composer currently supports over 20 crypto assets, including BTC, ETH, SOL, DOGE, SHIB, AVAX, LINK, and more.

theycallmematsu

the actual Trump one is interesting because that guy is an investor (even if shit) - there might be "retained" value beyond the meme. but this is only to say that his token has "more" validity than Cardi Bs lol SOL is a difficult one for me - I feel like its current value came way too quick and stayed way too high.. I love and believe in it, 100% (well, 99%) but it seems an awful buy atm. 2022 was clutch timing tho. And I agree with your meme picks!! I think DOGE has a solid community but 0 actual useful value; SHIB is interesting because they're taking DOGEs meme potential but also putting "actual effort" into making it something fungible: donations, NFTs and other "useful" shit, so more web3 based. PEPE is also on my list to toss some cash at - but to me its the XMR equivalent of meme coins: 4chan gone awry - but less so in terms of heavy anonymity to do illegal shit with, and more so in terms of an "old" meme that was very platform specific.

Emergency_Egg1281

What great moves have PEPE , SHIB , and DOGE made ?? They are the worst you can buy !!

1infinite_half

Worse, SHIB is an overcooked piece of normie dogshit. Even as fads go, there are much better options, but like you say, utilities are the easy play for investors.

Advanced-Summer1572

Not this time. The limited supply for a product that is recognized as a holder of values, is not a hat trick. For elucidation? Look at the silver certificate. It was ultimately used to support small bills. Still it was discontinued when we went off the gold standard. In this case Bitcoin is that equivalent "Gold" standard. Look it up. I believe the real issue here is no longer replacing Fiat currency, but opening coins like SHIB (which is stable in the face of inflation. And plentiful) and satoshis. The Satoshis will be the old silver dollar of the Silver certificate era. There is a huge new business model yet to be conceived and created. Nevermind, lending it through the banks and credit card companies. Hold your Bitcoin.

ConsiderationFine168

Xrp,eth,sol,btc,Pepe,SHIB,pi

ScienceGeek386

SHIB holders are done 😭

HorsedickGoldstein

Please explain why $PEPE is such a great investment? Nothing but a meme coin trying to be the next DOGE, exactly like SHIB. All shit coins with no real utility aside from being used for pump and dumps

KateR_H0l1day

I don’t have a lot of SOL, just been buying fractions lately, but my average price is still under $50. I don’t do memes, have some SHIB from a couple of years ago though, plus some Mery, that’s it.

ElasticNet

https://i.redd.it/fwu7c1l7aq3f1.gif Kendu Army fully locked in. Never seen anything like this before. Not even SHIB.

iamjide91

I think the concept has always been that BTC rallies, alts follow with time. If you have alts, HODL. Most of them are pretty cheap anyway. Got my eyes fixed on MUBI, METIS, & AIOZ for most gains. I won't want to consider news memes at this point, hold some SHIB & DOGE coins, and I think that's perfect. My strategy is to collect gains on 5x returns, then repeat.

TimePieceProdigy9542

He literally got lucky and rode the wave of someone's planned pump and dump .. and then was so grateful and optimistic for the future he thought he stumbled across the next BTC, SOL,ETH,DOGE,SHIB, and ended up pumping the dump back into the Well of Brokeness 😭😭😭😭😂😂😂😂😂💀💀💀💀 yeah id load up a 8ball of fentanyl after that blunder and pump and dump my existence ,,for the second time that month 😂😂😂

GerManic69

Just wrote an article on this. If youre looking for a quick buck from the famed pumps of crypto, now is a possible but very risky time as we just reached a cycle peak and sentiement around5e altseason occuring is skeptical... That said, emotional resilience and long term thinking lead to the best results out of quant/institution grade algo trading. My advice is this, think long term, and research how dollar cost averaging can lead to big gains over years even if you buy in at peak cycles. If you regularly allocate a small portion of your income at regular intervals, buying in now reduces your risk, because even if we see a 40% drop, you keep accumulating at the lower prices, and the average cost of all your coins goes down, meaning you end up in profit the next cycle when the market reaches new ATH levels. For beginners who are learning the market foundations and cant tolerate greater losses, this is by far the best option. BTC is digital gold, with a fixed supply and institutional backing growing, its going in the long run to have high upside and low risk. I personally really believe in the aysemetric potential of utility, infrastructure and DeFi side of things as well, and while pessimistic about the over survivability of many meme coins and shit coins that have no real backing behind their value, some coins like SHIB, DOGE, and PEPE, are kind of like cultural icons and a part so entrenched in the community they are likely to weather the storm of time and holding some small positions in those coins does come again with an overwhelmingly aysemetric risk to reward ratio, so long as you watch the carefully and only allocate a very small portion of your portfolio like 1 to 3% split among them. If youre a visual or auditory learner, spend a few weeks or months learning from youtube videos about general investing and risk management strategies for beginners, as well as the dynamics of crypto markets/cycles so you know what to expect long term. If youre a conversational learner and or perfer learning, utilizing ChatGPT and other LLM platforms as learning tools is incredibly useful, as you can not only get all the information you need you can ask questions and expand your understanding as though you have a personal mentor and teacher.

MotanulScotishFold

You have 2 options here. Either you buy more at lower prices if you're at red or you wait. Apart from SHIB, all other projects you picked are good choices and you have to be patient.

trippyhippydmt

Back during the memecoin hype of the last bull run there was someone on this sub who turned a couple hundred dollars into a couple million on SHIB but they refused to sell because they were convinced it would hit $.01 no matter what everyone told them and then they eventually sold after it crashed back down. They still would have made over 10k if they bought when I think they did but that still has to absolutely suck knowing you had millions of dollars and could have been set but got greedy

Advanced-Summer1572

You just made the argument for SHIB, constructed on Bitcoin Blockchain. SHIB at .01 is possible using your read on BTC.

GreenEagle09

To be fair this cycle was and has been meme coins. Last cycle the only memes of note were DOGE and SHIB. It was primarily about NFT’s and RWA’s. This cycle has been all about Solana memes with the inclusion on PEPE (ETH), and Ai/Ai agents. The altcoin peak was the TRUMP meme coin. Whatever happens between now and October is a sucker rally similar to last cycle.

SAGA_EJ1

Hilarious, in 2021 I didn't know shit and made 7K from $700 off SHIB

GreenEagle09

Would be nice. Mid 2023 it was looking that way but then by end of 2023 and start of 2024 everyone just got sucked into memes. Trying to find the next PEPE and SHIB.

Ok_Trip8302

a fellow SHIB believer. Cheers, mate!

poolsidelounge3

Kendu is on to something really unique with this umbrella brand + community as a service idea. This has the potential to be SHIB 2.0, IMO. Its marketing is infinitely scalable.

Has_Killrnstinx

BTC XRP SOL DOGE ADA Honorable mentions: SHIB LINK BNB If I could give you one coin I would stay away from for long term growth potential it would be ETH. iMO when compared to BNB, cardano, and solana the only thing it has over any of those is that it was there first. I know there’s a lot that has been built on ETH. And I’m not saying ETH won’t be profitable in the future. But I think it’s gonna take more than this fork we just had. Some way to lower fees associated with eth transactions.

Seth2009

I like the project. Have scrolled past a hundred dog coins and anime spam just to find this. Finally something with a vibe, a plan, and a reason to stick around. SOL drops, raids, leaderboard comps, and the memes go hard. This is giving me early SHIB vibes back when it actually took effort to launch a project and when projects had a timeline longer than 1 hour after launch…

RareFriend4110

I got liquidated yesterday because of meme coin . And still holding shibusd . Thought being inexperienced o should play small . It went well for a few days until shit hit thr… is it called SHIBA ? Got solana , SHIB ,ALT and some other coin enough to make me lose sleep .

Elibroftw

Can someone explain the psychological profile of a DOGE and SHIB coin buyer???

Inner-Chef-221

I need a class action lawsuit against wealthsimple for falsifying my account activity using docusign in order for me to affirm fake activity. I was trading SHIB and gambling with quadrillions of tokens before 2021.

Honest-Ad7763

I really like XRP and SUI and Chainlink, along with PEPE and SHIB

UpstateMarine03

SHIB OR PEPE? That’s the question

UpstateMarine03

This is like saying or asking SHIB or Pepe

UpstateMarine03

SHIB or PEPE is the question

Careless_Culture9680

PEPE is the SHIB of this cycle

elysiansaurus

This, like SHIB has a 9.5B mcap at a price of **$0.00001615** To hit 1 cent (as the dreamers like to think would happen), it would need to go up about 600x, be valued almost 3x as much as BTC and have a mcap of about 5.5T

SlickNegotiator

He is not BTC bro. BTC bros don't do this modern version astrology. Go to bitcoin talk or even to r/Bitcoin, no one there is talking about price predictions or TA. OP is just a shitcoin holder and wannabe trader/analyst. But he uses BTC chart because using ETH or SHIB for TA would make it even more funnier... Lol

zooka19

My only bag is SHIB but I don't really care. BTC, ETH, SOL, XRP, BNB, DOGE GREEEEEN and the coins I got for free FET, ACS, NEAR

coinfeeds-bot

tldr; Ethereum (ETH) has surged past $2,500, marking a nearly 9% daily increase and a 40% weekly rise, driven by positive macro developments and the Pectra upgrade. Altcoins are also experiencing significant gains, with DOGE leading the pack with a 16% rise, followed by notable increases in ADA, AVAX, LINK, SHIB, and others. The total crypto market cap has grown by $70 billion, while Bitcoin's dominance has slightly decreased despite a modest daily increase and a weekly jump of nearly 9%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

devCheckingIn

The money seems to rotate between a few memes and then moves on. Like Moodeng and PEPE were going crazy for awhile there, now it's WIF and DOGE, etc. I guess maybe SHIB will be next?

Panchito707

Don't sleep on BONK. The next SHIB. The meme gods have spoken.

Powerful_Respect_400

The way I see it, everything except BTC is a gamble. I came in mid 2017. Throughout the years I've made money on DOGE, SHIB, SAFEMOON, and other memecoins/tokens. I've lost money on "solid" projects like ETH, HBAR, ADA, and some other ones that are basically dead. BTC is the only one that matters. All profits go to BTC. It's all a casino dude. Aim low and you'll never be disappointed. My next gamble and hopefully it pays off in a couple of years is Pepecoin (PEP). It reminds me of DOGE from the early days.

d1c3m4nai

**Long BTC / Short Shitcoins" sounds great in theory, but here’s why it’s messy in practice:** 1️⃣ **Funding Rates Murder You** * Shorting shitcoins via perps means paying *massive* funding fees (altcoin shorts often have negative rates, i.e., YOU pay holders). * Example: Shorting DOGEor*DOGEor*SHIB long-term could bleed 0.1%–1% *daily* in fees. 2️⃣ **Volatility Wrecks Portfolios** * Alts can pump +200% in days during meme seasons (e.g., PEPE2023,*PEPE*2023,BONK 2024). Your BTC gains won’t offset the short squeeze. * **Tail risk is real:** One "worthless" coin 50x’ing = instant margin call. 3️⃣ **Liquidity = Trap** * Low-cap alts are illiquid. Even if you’re right long-term, exchanges can liquidate you on a thin order book. 4️⃣ **Psychological Tax** * Watching your shorts bleed during a random "Vitalik tweets about this coin" pump is *brutal*. Most traders fold. **So why isn’t everyone doing it?** * It’s a **carry trade with negative yield** (funding costs > BTC gains). * Requires surgical timing—better off just DCA’ing BTC and ignoring alts. **TL;DR:** The market *knows* alts bleed to zero, but the path there is a minefield of fees, pumps, and pain.

CommunityCurrencyBot

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Mr_Ander5on

Bitcoin has value because a large enough group of people believe it has value and trust in the system. The proof it has value is you can sell it on an exchange today for $97,500 USD. I sent start9 some bitcoin and they sent me a node. These are examples of it having value, being exchanged for other things of known value. The US dollar is the same. The paper or cotton or whatever a $100 bill is printed on isn’t worth $100. People just trust that they can take that $100 and get $100 worth of stuff later so they accept it as a payment. It’s backed by nothing other than trust in the system. In order to be a currency, something must be a store of value first. Few people would accept something like SHIB or PEPE as payment for something because they might not trust they can use it later. But I for example would accept fiat or bitcoin for my truck. I probably would be less inclined to accept gold because I wouldn’t be able to actually verify it’s gold myself.

RedneckHippy76

IDK anything about this, but I actually got hacked by one of those malicious contracts. They separated my wallet from my seed phrase ( I only have it written down ) my seed phrase opens an empty wallet with a different address. I just quit that wallet. The ruse was to update my screen name. I knew better, but it kinda made sense in my multi tasking sleep deprived mind Yeah it was 18 mil SHIB and about 8 or nine others. It was 1100$ at the time It sat on the ERC20 chain for over a year but it's moved and I'm not smart enough to know how to interpret the scam results. It was CB wallet, which Coinbase offers but they don't support. They said they never had a record of my "custom" screen named wallet. Only the new corrupted one. They said it was impossible to switch seed phrase from the wallet it's attached to. This was August 8th 2023 , I have read reports that this is actually a "thing" but just not as widespread, yet. I did it to myself by hitting the accept button when in my head I knew I should have backed out. Anyway it sucks. Forensics should catch up so as long as you reported it you may get a call in 20 years "hey Dude, we found your stash". So , what's up with them using a KYC for cashing out, how is that going to stop them. You do a blanket notification to all exchanges that you suspect an address as the thief's How does the exchange freeze the account on your behalf?