SHIB | HTF POV
Fundementals
SHIBA INU is an ERC-20 meme token launched as a
Dogecoin killer. Unlike DOGE, which runs on its own chain,
SHIB is built on Ethereum and has evolved into a multi-token
ecosystem with DeFi, NFTs, and Layer 2 functionality (Shibarium).
SHIB Metaverse, and token burns gain momentum,
it could outperform many meme coins.
SHIB is higher risk than blue chips like ETH, but lower risk than
low-cap meme coins. Best used as a mid-term hype/speculation play in a meme-driven cycle.
Technicals
Price Action holding above the Monthly Liquidity Pool acting as
a local Supply Region,
No need to DCA into position rather let alone play it single handedly while keeping trim regions targets at mentioned levels
May not 100x again, but it could 3x–10x if retail flows return and utility adoption increases.
