No one expected it, but now Shiba Inu has changed the landscape of the meme coin niche by following in the footsteps of Dogecoin. The Shiba token manages its bull run in every market situation, whether it is bullish, bearish and neutral sentiment. The volume of the Shiba inu market continues to grow as a result of successful audits and other commercial security protocols. Token officially listed on the top level 1 exchange including Binance, Coinbase, Huobi, FTX and others.
At the time of writing, Shiba is unstoppable as he sets a new historical record with time following positive news. Yesterday, Shiba beat Ethereum in the 24-hour trend volume collectively on DEX and CEX. More than 1500 ATMs around the world now support the Shiba token along with many markets that are also starting to accept the Shiba token as payment. Robinhood’s market reports more than 300k petitions signed for listing and we could see that more independent exchanges will show interest in Shiba’s listing.
Shiba Inu is nothing more than the Japanese breed Dog started as a meme coin and now becomes the largest investment in the crypto world. since 2020 Shiba has increased by 32k x and people who have invested $ 1000 have already reached investments for millions in value. Shiba currently holds the 11th position in the market cap ranking right after Dogecoin, and the difference between Dogecoin and Shiba market cap is around $9 billion dollars. Shiba has already beaten the best utility tokens that include Avalanche, Chainlink, Litecoin, Polygon, and more.
Now back to the topic, since our platform suggested different predictions for Shiba Coin, being one of Shiba’s small investors, most of you wanted to know what the next target is for Shiba in the coming months or years. we saw shiba in the list of the best crypto gainers on the Tracking platform Coingecko and CoinMarketCap. now, the question will continue to highlight that list of top gainers and Shiba will surpass Dogecoin and other cryptocurrencies for the best investment of the year 2021.
Can Shiba Inu reach 1 cent?
We can expect 1 cent probably in the year 2022.
Will Shiba Inu reach $1 USD?
Most likely between the end of 2024 or even the beginning of 2025. $1 means almost 1803651% more than the $0.00005544 USD price.
When will Shiba Token reach $10 USD?
expected after 2030.
The above forecast is based on the average shiba inu performance of the last 6 months.
The Shiba community has surpassed 1 million brands on the social media platform including Twitter, Telegram, Discord, Reddit, and more. The platform has 3 active products that include Shibaswap, leash and Bone tokens. Shiba is currently based on the Ethereum blockchain and currently does not have much utility apart from NFT and the community. This token was completed by the community and team member with a transparent view from the developer.
Shiba’s market cap has exceeded one billion in value and now heads towards fixing half a trillion in value if more investors continue to show the same interest. The response of the investor and the real user is unreal because it gives stiff competition to the dogecoin community in terms of voting. We know that the best market exchanges are also interested in bringing shiba to their platform after seeing a huge spike in the community.
Elon musk is a huge successor to coin memes because of his tweet and support for Doge, Shiba, and other memecoins. Elon Musk recently asked to reveal how much he was holding the Shiba token and did not respond to anything. However, he was working with the dogecoin developer to bring real utility to the dogecoin ecosystem. Shiba slips down 15% after elon musk’s tweet, but once again Shiba recovers and again towards reaching a new record.
Shiba token burn and liquidity blocking program that pushes the price to the moon and that favors the project in terms of bringing new investors and diamond handbags. The protocol of the Shiba token burning program has changed, as the token was initially transferred to the Ethereum founder’s wallet.
The Shiba inu community needs to start working on utility and bring more products to the platform. we know in terms of trading security that it has already passed the Binance and Coinbase exchange criteria. however, Robinhood faces the backlash for memecoin listing and also other exchanges that also face a similar kind of situation. We know that Shiba has fully supported the community-backed currency and more and more people continue to hold their investment while continuing to push the price up.
However, we suggest doing your research before investing because there are more options in the cryptocurrency industry that really have a great utility that remains forever. Elon Musk also mentioned a similar thing differently, as they told people to focus more on the product instead of farming, burning, or other non-utility tokens.