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Give It Time as The Cream Always Rises to The Top

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@cryptoandcoffee
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The one big difference between Shiba and the other MEME coins compared to is they have no use cases. The coins are purely speculative for making a quick buck or losing a quick buck if you are clueless. This goes to show you that even something like SHIB in todays markets holds some value even though it really doesn't. The crypto scene is so new considering other stocks and shares that everything needs time to mature which will reveal their true value.

Anything and everything can be manipulated with the retail trade and this is a prime example. I just can't bring myself to buying into any of these no matter how profitable they could turn out to be.

If you are spending time investing in rubbish then you are taking your eye off the bigger picture and could lose out on the more serious investments that will still be around in 5 years time worth a hell of a lot more. How can this be justified having a market cap ranking of 11 when in practice it has nothing going for it.

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I think the main attraction for SHIBA is it's price as you get bigger bags for less $100 = over 2.5 million coins. The delusional masses think they can retire thinking it can hold a much higher value like $1 at some point. Already up nearly 400% in the last 30 days maybe this will not end well or it may actually reach the top 10 list in market cap. This is one coin you take profit on all the time and have strict stop losses in play as it is prime for a pump and dump. Hive has grown by 400% in the last year whilst this coin has grown 400% in the last 30 days. I know which one I would rather be invested in as one definitely has a future.

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How scary is this having two MEME coins in the top 11 with Dodge in 9th and Shib in 11th. A combined market cap of $52 Billion is telling as they are 17 x bigger than a project like RUNE which makes no sense.

I for one can't wait for the Bull Cycle to get cracking as it will hopefully put an end to this as surely people will sell taking profits moving their investments else where into something with credibility. This tells us how immature crypto really is when we have scenarios like this. How many institutions are going to invest in Shiba and Doge as thy wont.

What is going to be interesting to see is how much of the market cap is going to grow over the next 6 months as $2.2 trillion could easily become $5 trillion or more and then I cannot see these joke coins increasing their share considerably. The likes of Chainlink (14th), Matic (21st), Fantom (31st) and others will seriously climb up the rankings maybe not all to the top 10 but move a lot closer.

I do believe looking at the rankings in market cap can be a telling sign in how undervalued some of the projects really are as RUNE in 61st and our own Hive languishing in 242nd spot is kind of a joke. Price has no bearing on what the true value really is and this is something that overtime will change. Cream always rises to the top and this will be proven over the coming months and years.

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