Lucy Gazmararian, founder and managing partner of Token Bay Capital, said that while many people burst off the “memefication” of money as a fad, the underlying forces at work could be enough to revolutionise finance.

She said: “Today with the rise of cryptocurrencies, we are witnessing groups of anonymous individuals experiment with the democratisation of money itself and the SHIB token embodies this new trend.

“As long as participants within a growing ecosystem are united by a shared purpose and vision and incentivised to continue building out the network, the network will become increasingly valuable and this will be reflected in the price of the Shiba token.”

In terms of what the future holds for SHIB, it seems to be a mixed bag. 



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