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Re: WHITTENHALLJR post# 5528

Saturday, 01/01/2022 8:51:31 PM

Saturday, January 01, 2022 8:51:31 PM

Post# of 5824
You are absolutely correct. Where Bitcoin was purposely created to have a low float that will never grow past the finite amount dictated, SHIBA and similar meme coins were created for the opposite purpose. They are too large to ever reach even a penny. Flip them when you can but I would never hold them as a long, especially the newbies.. they are rug-pulls in the making. Doge and SHIBA are the only flippers that I trust to hold for any length of time. At least they have something tangible going on, it’s their float that holds them back. in penny land you would need them to have a RS before they could actually really climb up. Anyway, just my two cents.. Happy New Year and best to you all.

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