So we're clearly in a consolidation phase with this beautiful (often called a Scam Coin) coin.
At the end of the day, it makes ZERO difference if it's a shitcoin or not. What matters is that people want in, and the community around it. And hey, let's be honest, what a community Shib has!
Let's really just focus on volume and trendlines, and the news about how more people are getting on board.
The great thing about this badboy is that so many "holders" won't be selling for a very long time. So the stability is there just on that alone. The manner in which it holds price point is key to evaluating it's risk level. Does it stay stable. Generally.
So let's ride this beauty as it slowly but surely goes in the upward direction.
At the end of the day, it makes ZERO difference if it's a shitcoin or not. What matters is that people want in, and the community around it. And hey, let's be honest, what a community Shib has!
Let's really just focus on volume and trendlines, and the news about how more people are getting on board.
The great thing about this badboy is that so many "holders" won't be selling for a very long time. So the stability is there just on that alone. The manner in which it holds price point is key to evaluating it's risk level. Does it stay stable. Generally.
So let's ride this beauty as it slowly but surely goes in the upward direction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.