Is that worth the risk, or is that just like throwing your money away?

Are you referring to Dogecoin ?

Shiba Inu is a real dog.

I know very little about the Shiba Inu Coin. The cryptocurrencies only have value because people value them.

Keith

I believe this is based on dogecoin. So a fake currency based on a fake currency….

Well, there goes that idea !! Just read that 5 Million Accounts on Robinhood got hacked

No it's based off Ethereum.

I would t bother with it unless you did the staking thing.

Buy gold-Its nice and shiny,heavy and you can play with it and wallow in it.

I threw $50 at it for giggles.

It's not on Robinhood yet. It's still in the coin trading places like Coinbase right now.

It's trading at $0.00005680/coin right now.

$50 gets you around 850,000 coins/shares/whatever you want to call it.

I put 200 in it just for a chance.

I threw 50 at it last week at .000057, then it went up to .00008x, now it's back down. I'm going to just hold it a while and see. "Don't invest money you can't afford to lose."

My son has made almost 25,000 playing with crypto this year. Me I am up a 1,000 but like they say don't invest if you can't lose it.

The issue with Shiba Inu is it has such a MASSIVE supply of coins the price can't really get very high with having a market cap in the thundered of trillions. Not saying money can't be made but buying in now and hoping it goes way up like Ethereum or Bitcoin is entirely unrealistic.

Here's a crypto idea I've been using. (Just starting and don't know a lot about it) I use kucoin exchanges lending feature. You can lend different cryptos at different rates. I'm currently using USDT(a coin linked to the us dollar so every coin is worth $1) you can set your limits on daily interest rate (mine is set at 0.075% daily for around 27% APY) and length people can borrow your money for 7, 14, or 28 days. It's basically a saving account that I've put $800 in and is currently worth close to $1000 and growing as the money is lent out as we speak.i know the first concern will be defaults but if the user who borrowed your cryptos account drops close to the value of the loan there account will be liquidated to pay you back.

These are all just my opinions and I wouldn't put much faith in them as I just started playing with crypto about 8 months ago and don't fully grasp everything yet.

Guys, there are 549 trillion Shiba coins in circulation. This crypto isn't an investment it's an outright gamble.