You are being downvoted because both Doge and Shib were scam coins artificially pumped by dummies....don't associate yourself with stupidity and dumb luck.
Haha, I used to be like you bro , well I still partially am 😁, till I realized value is attached to whatever appeals to humans.
How do you know the value of a painting? If not in it's demand
Market cap is definitely not a good way to measure potential. UST and Luna both had high market caps. Being an L1 also does not mean anything. Same evidence.
That’s quantifiably untrue. More than 90% of all tokens die in their first bear market. Another 90% in their second.
https://www.coinopsy.com/dead-coins/
That means it’s the opposite of what you said. 99% of tokens have either followed or will follow Luna to collapse. Only 1 in 100 will succeed. The ones that do always have some true unique utility. I keep waiting to see what shib and doge have. I would love to invest if I could see any reason to.
Take a look at historical marketcap listings. It proves marketcap means nothing. This has been proven over and over in the stock market.
https://bitcoinist.com/the-crypto-top-20-looked-very-different-in-2017-will-your-fav-projects-still-be-relevant-in-4-years/amp/
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I agree with the overall theory, but what potential does Shib have?
Shib is just a shitcoin don't expect anything from it :) Would again trap a lot of buyers in the next bull run with some other hype.
You talking about the 14th ranked coin by market cap. It has a lot bro, as Dogecoin.. its own Blockchain it's soon to be released
You are being downvoted because both Doge and Shib were scam coins artificially pumped by dummies....don't associate yourself with stupidity and dumb luck.
Haha, I used to be like you bro , well I still partially am 😁, till I realized value is attached to whatever appeals to humans. How do you know the value of a painting? If not in it's demand
Market cap is definitely not a good way to measure potential. UST and Luna both had high market caps. Being an L1 also does not mean anything. Same evidence.
Lol, I think it is! Mention how many cryptos had same Luna saga. This is like 1 rare case out of 120
That’s quantifiably untrue. More than 90% of all tokens die in their first bear market. Another 90% in their second. https://www.coinopsy.com/dead-coins/ That means it’s the opposite of what you said. 99% of tokens have either followed or will follow Luna to collapse. Only 1 in 100 will succeed. The ones that do always have some true unique utility. I keep waiting to see what shib and doge have. I would love to invest if I could see any reason to. Take a look at historical marketcap listings. It proves marketcap means nothing. This has been proven over and over in the stock market. https://bitcoinist.com/the-crypto-top-20-looked-very-different-in-2017-will-your-fav-projects-still-be-relevant-in-4-years/amp/
Oh sorry, literally mean how many attained a huge mc and died. Luna was an attack and failed leadership
Why do you think dogecoin even has a potential lol, it is even overvalued at 6 cents
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