Former American basketball star Scottie Pippen revealed that Shiba Inu token is now on his watchlist. Soon, the NBA professional who won six championships in 17 years with Chicago Bulls could take a position at SHIB.
Pippen told X that, while Bitcoin was his number one investment, he also considered other tokens, such as Shiba inu, Dogecoin XRP and Cardano ADA.
“Bitcoin is my #1. But I’m building my watch list. What coins are you watching?” He said he would write on X. Then he added that he is closely following tokens for diversification of his portfolio. “I got my picks, ETH, SOL, BNB, XRP, BALL, ADA, DOGE, SHIB, LINK, and CRO.”
Two of his 10 tokens are meme currencies: Dogecoin, and Shiba Inu. Game 5 Ball, which was inspired by Chicago Bulls first championship title, is the only altcoin that stands out. He also asked what tokens his followers are watching closely. “What else you got? Drop your crypto picks,” He has written.
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Will Scottie Pippen Next invest in Shiba Inu?
Pippen will most likely declare that he has taken an investment position in Shiba Inu when he makes a decision to invest. It is not uncommon for meme currencies to run their own world and even defy the logic of markets. They can deliver tenfold returns if they start a rally. If they go south they can lose up to twenty times as much.
Meme currencies, such as Dogecoin or Shiba Inu and many others, are like double-edged knives that cut in two directions. Only those willing to lose money should invest in this. Bitcoin and Ethereum offer the best opportunity to generate income, because they represent the mainstay of cryptocurrency markets.
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Source: watcher.guru
