Why do crypto investors stand to make massive gains this cycle? They are operating on the frontiers of finance, and pioneers- those brave enough to play- deserve these early adopter rewards. The Shiba Inu ($SHIB) rebrand was mocked by CoffeeZilla, who broadly discourages memecoin investing. Why? He already has a million YouTube subscribers, so he doesn’t need to compete in the memecoin trenches.
Anybody with a portfolio of three/ four figures should forget about the top ten cryptocurrencies this cycle and focus on small caps. Hitting a 100X can make all the difference. But what crypto to buy? Investors are interested in the Galaxy Fox ($GFOX) presale, and its recent surge in price hints it could become one of this cycle’s top plays.
Shiba Inu ($SHIB): Serious Rebrand Mocked by CoffeeZilla
Shiba Inu has been trying to distance itself from its memecoin origins and show itself as a genuine crypto player. Shibarium, Shiba Inu’s native layer two, has been at the center of these efforts, and its core metrics are impressive. Active accounts are on the rise, crossing one million wallets, and the network often executes more than $2 million in volume a day. Shiba Inu wants to be taken seriously as a settlement layer, and CoffeeZilla had plenty to say. Even quoted, ‘That also kills me when they try to call themselves societies. You are just a cult of a bunch of bag holders, you’re exit liquidity. You ain’t no society.’
Is there some truth to CoffeeZilla’s words? In the case of Shiba Inu. Probably. But this critique is missing all the nuances. Memecoins are undergoing a metamorphosis, and instead of wildly speculative vehicles, they are now core pieces of on-chain culture.
Looking at markets all the action is taking place with new
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