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What are the risks and challenges that may affect the future growth of Shiba Inu Coin?

Spencer GreggMay 09, 2022 · 3 years ago1 answers

What are some potential risks and challenges that could impact the future growth of Shiba Inu Coin?

1 answers

  • May 09, 2022 · 3 years ago
    At BYDFi, we believe that one of the potential risks for the future growth of Shiba Inu Coin is the lack of utility and real-world use cases. While Shiba Inu Coin has gained popularity as a meme coin, it may struggle to find practical applications beyond speculation and trading. Without a strong use case, the long-term growth potential of Shiba Inu Coin may be limited. However, it's worth noting that the cryptocurrency market is highly unpredictable, and there is always a possibility for unexpected developments and opportunities that could positively impact the future growth of Shiba Inu Coin.