Nearly 1 Million #SHIB Holders and it is compounding.. Well, it might be the best time to coin a new term in crypto like community token or social token to express that a token is created and used by people who see themselves as a part of digital community. Although SHIBA had a huge potential like FLOKI, many people thought that one meme coin would serve enough for the growing crypto ecosystem though it needs some competitors to have a valid narrative 😉 We are sure about the fact that these coins have no utility but for the hype they are fed with. Thus, any community token that can "catch up with" the crypto trends may go beyond being called as a meme token. Although it sounds reasonable, the perspective over these coins is always limited to enjoy and take profit before it collapses... That's why, the number of the hodlers may not be near to today's level in a mini bearish trend 😏 #Cryptocurrency
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No matter what hype is created in market and crypto space I won't invest in these meme coins like where we're heading seeing new meme coins on daily basis I'll prefer sticking with one good project for rest of my life instead of investing in these coins. Well these holder's aren't loyal when they'll have enough profit they will not think twice to sell.