This is the power of buy and hold at work. The dips last no more than a few minutes and then its right back to climbing the parabola. Its insane but this is what happens when average joe takes charge with almost a million of his friends (over 800k now!). Multiply that number by a couple $100-1000 each and we are essentially a mega fund whale. Heck yeah boys, tell your momma you made it
Unlike GME and stocks, with crypto there’s little to no downward pressure because big institutions can’t directly short it. Everyone who buys it wants to see it go up, which isn’t true of the options market with stocks where hedges will create artificial downward pressure by whatever dirty tactic is necessary.
Also the shibarium team didn’t just set it up and forget it. They’re active, they’re working on all sorts of use, and I think they’ll capitalize on the spotlight that their token is currently enjoying to draw in even MORE investors. Our future is bright.
So proud of you all. Just keep buying and holding.