SHIB Fans Ignore Advice From Analysts And Continue To HODL
By Lewis - Cryptocurrency Enthusiast - 04-11-2021
Shiba Inu (SHIB) has seen its ups and downs over the last year. The dubbed Dogecoin (DOGE) killer has been taking a dive as the price to buy SHIB begins to drop. Due to the decline in prices, the terror starts to sink in as some Shiba Inu holders wonder if they should hodl or sell. However, one crypto analyst is urging SHIB investors to sell their stash immediately. Despite the typical fear pouring in due to price falls, the SHIB Army stays strong and instead doubles down on the dip.
The crypto market investment has attracted a lot of attention over the last year due to its exponential growth and fan base. Memecoins, like Dogecoin and Shiba Inu, were popular assets earlier in the year. Buying crypto memes was the trend but in present times, memecoins continue to fall in price progressively. Due to the declining trends of SHIB and DOGE, experts continue to warn everyone to sell their holdings.
According to the experts, SHIB will further fall and it's unlikely that it would recover its value. That being said, the SHIB community is trying to push for a rally by buying promotions and hoping that more of the community will purchase SHIB. Some investors that don't invest in SHIB believe that the token is nothing more than a symbol and a meme that is getting old. Despite the price drop, the coin had still managed to create such a dramatic impact in the crypto community and has come a long way.
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