Three Reasons That Why Shiba Inu Have Zero Chance of Existence in The Future

Key Points

• Lack of practicability is a big problem in Shiba Inu
• The sale of whales by Shiba Inu is collapsing the currency
• Competing currencies like bitgert are a big problem

According to cryptocurrency analysts, Shiba Inu is one of the cryptocurrencies struggling to maintain vitality in the industry. The currency has been performing poorly in the market and has been plunging over the past six months. The bad news is that Shiba Inu has almost no chance of survival in this industry. This is what cryptocurrency experts say.

Shiba Inu is struggling for three reasons, which may eventually lead to his death. They include.

Missing Use Case

The first main reason is that Shiba Inu coins lack utility or real use cases. Since the coin is launched as a memory coin, it is not designed to run any ecosystem. This is because the project has never been built around a solid cryptocurrency project. Shiba is just based on marketing hype, just like all other memo coins. Although the team has been trying to collect problems by building more products for the Shiba Inu ecosystem, the coin has been left behind by companies such as bittert (brise).

Sell Whales

Another big challenge Shiba Inu is dealing with is massive whale sales. This problem is considered to be the biggest reason for the rapid decline in Shiba Inu. Many whales are sold every day, and the number is increasing. As long as whales are on sale, there is no chance for Chaigou to exist in the future.

Competition

Another reason Shiba Inu may not survive in this industry is the fierce competition from companies such as bittert. In fact, many leavers have joined bittert. This is because bittert is a faster growing project than Shiba. Bitgert has been soaring while Shib has been plummeting.

In terms of product delivery, bitgert also lags behind Shiba Inu. Bitgert roadmap V2 is expected to make bitgert’s disruptive products more powerful. Centcex’s partnership also enables bittert’s ecosystem to grow faster. Please note that centcex has promised to add an unlimited number of products to the bittert ecosystem.

This is the three main reasons why Shiba Inu has almost zero opportunities in the future. The team needs to beat companies like bitgert to remain competitive.