Posted 3/12/2024, 12:06:40 PM
Shiba Inu's Meteoritic 2021 Gains Unlikely to Repeat, But Utility Efforts Show Promise
- Shiba Inu token surged exponentially in 2021, sparking speculation it could happen again
- Experts urge caution due to challenges like excessive token supply and speculative trading
- Efforts to enhance utility have had mixed results so far in increasing adoption
- Recent price drop has dampened 2022 performance, but some still remain bullish
- While matching 2021 gains seems unlikely, community projects signify meaningful progress