Three Reasons Against Buying Shiba Inu

Shiba Inu (CRYPTO: SHIB) achieved astounding returns for early investors, with its price soaring over 40,000,000% in 2021, turning a mere $3 investment into over $1 million. Currently, it holds a market cap of $4 billion, making it the second-largest meme coin after Dogecoin. Despite its popularity, the author expresses reservations about investing in Shiba Inu for several significant reasons.

Want More Context? 🔎