Shiba Inu Expert Outlines 3 Key Steps for SHIB to Reclaim 2021 Glory

TLDR

• Zach Humphries outlines three key strategies for Shiba Inu to regain its 2021 momentum and break out of stagnation.
• Humphries emphasizes the need for realigning the Shiba Inu ecosystem to focus directly on the SHIB token.
• The expert stresses that Shiba Inu thrives when retail participation is high and social virality drives momentum.
• Humphries calls for a simpler roadmap with clear, focused goals tied directly to SHIB’s value and purpose.
• According to Humphries, the Shiba Inu community’s success was built on a unified identity and strong community, not complex utility.

Zach Humphries, an early member of the Shiba Inu community, has shared his insights on how the token can regain the momentum it once had. In a recent video, he outlined three major steps he believes are crucial for SHIB to return to the explosive growth it experienced in 2021. Despite Shiba Inu’s recent performance struggles, Humphries remains optimistic about its future potential.

Realignment of the Shiba Inu Ecosystem

Humphries’ primary concern is the broad expansion of the Shiba Inu ecosystem. He argues that the introduction of multiple projects and tokens has diluted SHIB’s focus.

Since the launch of SHIB in 2020, the team has added various projects such as ShibaSwap, Shibarium, and Shiba: The Metaverse. While these projects are valuable in their own right, Humphries believes they have confused the community rather than providing clarity. He suggests the Shiba Inu team should realign the ecosystem to focus directly on SHIB, its flagship token.

The Shiba Inu community was at its peak during the 2021 rally, driven by a unified and strong brand. Humphries believes that refocusing on SHIB will restore its appeal to both old and new investors.

Capitalizing on Market Psychology

Humphries also points out that Shiba Inu thrives when retail investors are actively participating. Meme coins like SHIB often see their greatest success when ordinary traders are motivated by emotion and social trends. According to Humphries, “SHIB can position itself as a leading meme coin if it attracts retail investors again.”

Retail investors are typically drawn to assets with viral potential and perceived upside. SHIB’s low price and viral nature make it an appealing option for these investors. Humphries believes that by refocusing the ecosystem and simplifying its message, SHIB can once again become a retail magnet.

As retail interest returns to the market, meme coins like Shiba Inu often see a resurgence in price. This potential for growth lies in SHIB’s ability to connect with its audience and reignite the viral momentum that once made it a top crypto asset.

Simplifying the Shiba Inu Roadmap

Humphries also calls for a clearer and more streamlined roadmap for Shiba Inu. He feels that the project’s current direction is overly complex, with multiple tokens and ambitious initiatives.

The Shiba Inu team has focused on developing a wide range of features, including Shibarium, NFTs, and other side tokens. However, Humphries believes this has only led to confusion. He recommends the team create a roadmap that ties all developments directly to SHIB, enhancing its value and purpose.

Humphries urges the team to prioritize revenue distribution models and incentives that directly benefit SHIB holders. He argues that this will provide SHIB with real economic value and purpose within its ecosystem. By doing so, SHIB can regain the focus it needs to succeed.

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