Anthony Pompliano shared his stance on the Shiba Inu coin and said there are zero reasons to buy this coin.
Anthony Pompliano is a high-level Crypto influencer and popularly known for his YouTube interviews with crypto inclined personalities.
On 28 October, Pompliano talked about Shiba Inu Coin. Pompliano took the reference of an article published by Morning Brew.
Pompliano said no doubt a person converted $8000 Shiba holdings into $5.7 billion in less than 400 days. Pompliano appreciated the individual trade. But he said that there are zero reasons to buy Shiba & described Shiba as Doge Poo
“There is ZERO reasons why somebody should be owning Shiba Inu other than it may go up because other people are going to buy it…There’s no development activity, there’s no value underlying it… this is dog poo!”
Further Pompliano said that no doubt a person made billions but now “can you make billions through investment?“.
Through the statements of Pompliano, we can say that Pompliano knows that it is too late to get into Shiba because it is already up.
Pompliano further described investment in DogeCoin based assets as just like gambling I.e meme coin investment is gambling.
Pompliano said that investment in all red is totally out of trading concepts. And this is not how Investment strategy works.
Shiba Inu getting huge popularity
At present, Shiba inu popularity is at a tremendous level in the crypto space. Also, the whole community of Shiba Inu is trying their best to force all the crypto exchanges to list Shiba Inu, especially Shiba Inu wants to force Robinhood to add Shiba Inu.
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