Shiba Inu Token (SHIBUSD)

[Remember Tomorrow]

I saw an article this morning from the Motley fool that listed Shiba Inu as a crypto investment to stay away from. They listed 3 reasons it's something to avoid and I'm glad to say that I feel none of them are accurate.

1) They say it's just built on Etherium with not enough uses and will suffer the same high gas prices as Etherium. Well Shiba is something like 16 months old and is building uses still and has She Bury Him (Shibarium) coming which is supposed to drastically reduce gas fees.

2) They say not enough businesses are accepting Shiba Inu as payment. Well again, it's still young and is adding retailers all the time. Reputable ones at that. They probably need to get the value of the coin up a bit before it gains more acceptance, but that could happen easily with a massive burn which is still likely in our future. This point actually illustrates why the value of Shiba will likely go up not down.

3) They say it is likely Shiba will have a rough year because of it's historic rise in 2021. Crypto's with gains like that always fall back they say. Well I say that Shiba in the 5 weeks since I've been watching has shown remarkable strength. It should have fallen back much farther than it has based on Motley's theory. Instead it has held very strong at the level we are currently at. On top of that, they act like Shiba has no value and the run up was simply hype. I say that Shiba has value and is on a path to have much more value than it currently has which is why just expecting it to go down because it had a good year is wrong. It's still "way undervalued" which is why it won't crash.

Add on to everything that they haven't factored in at all the possibility of a massive burn and I say the author of the article is likely entirely wrong. JMHO.

Please make your own decisions when considering Shiba Inu as an investment.

Remember Tomorrow