Well it's more like just holding some of these penny stocks after they drop was never a good idea. So from my point of view, SHIBA's risk reward isn't that great.

Can it go up and make me money? Yes it can

What are the chances I will make money versus lose money? Very likely to lose money since it isn't backed by fundamentals or solid plans.

So in a way, I can't justify myself jumping into meme coins for those reasons.

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