No not really imho. It has a loyal community and Musk endorsements but really, that's it. They also have an inflationary model and billions re being put into circulation every year. I know this isnpart of their strategy but I'm highly skeptical on this. Shib is deflationary and set multiple crypto records this year and at 1 point was up over 60,000,000% from Jan 1st. Looks like it'll close the year out still up some 40,000,000%. 2022 is going to be an even bigger year. For starters, the biggest burn in eth networks history is planned sometime soon. I have not seen anything from devs to confirm this but at the same time, neither Ryoshi or Shytoshi are denying it. So I expect it in the coming weeks. 2022 will introduce Shibarium, which is the tokens very own l2 blockchain built upon the eth platform. This is the ground from which the entire Shiba ecosystem will grow. As an ERC-20 token, this means it will connect to the entire network and be able to host future dapps on the chain. REVENUE. Also, ShibSwap will be upgraded to version 2.0, which means any coins you trade on there will have minimal to most likely ZERO ether fees. Advantage of an L2 solution. Shibanet and the Incubator will be released on the chain, marketplace for nft's, minting and merchandise. Shi coin will be unleashed and pegged to the usd as the networks stable coin for global currency. Also, Oshiverse. The networks very own play to earn and entry into the metaverse. The top 1,000 ethereum wallets are holding more Shib than any other alt, minus eth itself, for a dollar amount around 2.36 Billion. That number is continuing to grow even now in the .00003's even off the all-time high around 65% or so. So why are the whales buying this price? Because 2022 is going to be the biggest year yet for the Shib ecosystem and you don't want to miss out.
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