#shiba⚡ $AAPLB What happened to the Shiba SHIB coin?
Shiba started out as a copy of Doge, except they said, "We're going to be the Doge killer." And for a while, it came close to surpassing it, but it couldn't.
Now Shiba is trying to shed its skin. It's no longer just a joke meme coin; it's trying to become a serious project.
What's new with Shiba?
It launched its own network: Shibarium
It's like a new path it's taking, to make transactions cheaper and faster. That's good, but people still don't use it as much as Solana.
It burns a lot
Every time, it burns some of the coins to reduce the supply. Shiba has a big problem: its supply is astronomical, in the hundreds of trillions. So for the price to rise, a huge amount would have to be burned, not just a little.
It has an army
Shiba's community is really strong; they call themselves the "Shiba Army." This army won't let the coin die. They're always talking about it and always supporting it.
Why is Shiba still alive?
Because it has two things PEPE doesn't:
It has people who love it and have been patient with it for years
It has a team trying to develop it, not just sitting idle
But it has one big problem that keeps it from rising much:
Its supply
Imagine this: Doge has billions, while Shiba has hundreds of trillions. For Shiba to reach 1 dirham, its market cap would have to be something impossible. That's why people who say "Shiba is going to reach $1" are just dreaming and don't understand the math.
How is Shiba moving right now?
Shiba follows Doge. If Doge rises, Shiba follows a little later. If Doge falls, Shiba falls even further.
Right now it's in a dormant phase. It doesn't rise much or fall much. It's waiting for a spark. That spark could be:
Good news about Shibarium
Elon Musk talking about it
Or meme season starting
Shiba in a nutshell:
Shiba is somewhere between Doge and PEPE.
It's better than PEPE because it has a bigger community and a project it's trying to build
It's not as good as Doge because Doge came first, and people trust it more
If you're thinking about Shiba, don't think of it as something that's going to make you rich. Think of it as a long-term patience coin. Buy it, forget about it, and when its season comes, sell it and cash out.
Don't put a lot of money into it, because its huge supply makes it hard for the price to rise.
Now you have 6
coins in total:
Bitcoin, BNB, Solana, Doge, Shiba, PepeShib$SHIB
