Shibas are cute, cuddly and loyal. Now you can get one for your cryptocurrency portfolio with the new Shiba Inu coin (SHIB). The furry little shibes are currently trading at $0.0099 per token but experts predict they will reach $1 in 2018.
The will shiba inu coin reach $1 is a question that has been asked by many. The price of the Shiba Inu (SHIB) has reached an all-time high and it looks like the predictions are coming true.
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Many predictions have been made about the Shiba Inu, the SHIB coin, which has sparked speculation. The price of Shiba Inu currency is expected to achieve a goal value of 1 USD.
SHIB with DJ JY
Despite the fact that SHIB has lately fallen by approximately 5%, it has not lost its allure. It has already caught the attention of DJ JY, a well-known UK rapper who is clearly fascinated by SHIB, prompting him to tweet about it.
It’s clear from his tweet that he’s been keeping a watch on SHIB. Shiba Inu (SHIB) was launched only last August and quickly followed in the footsteps of Dogecoin. Last month, investors saw a possible return on SHIB until it dropped back to 5% down around two weeks ago. DJ JY’s attention to SHIB will cause his 43,000+ Twitter followers to search for information about SHIB. Investors will undoubtedly flock in since the stock is valued at a fraction of a cent. SHIB has undoubtedly grown in popularity as a result of DJ JY’s tweet about it.
When the Shiba Inu currency was first released in August of last year, it was just a copy of Dogecoin. The Shiba Inu Japanese breed of dog is the name for SHIB, despite the fact that it is the mascot of Dogecoin. Despite these inconsistencies, Shiba Inu declared itself the “Dogecoin Killer,” declaring Dogecoin to be its only competitor. Despite the fact that SHIB has not yet been able to match the Dogecoin, which is heavily backed by Elon Musk, it still has a substantial market share. SHIB has quickly risen to the top 20 cryptocurrencies after a period of steady growth. Its popularity may be shown by the fact that it has been added to Binance, the world’s biggest cryptocurrency exchange.
Despite the fact that SHIB costs less than a penny, it has amassed a market capitalization of more than 3.4 billion dollars since its inception. This is a crucial indication that SHIB’s foundation is solid and stable. It tasked SHIB with achieving a single goal of USD 1 million. Apart from investors’ optimism and pragmatism, experts have predicted that the price of SHIB would more than treble in the near future.
Shiba Inu currency is said to be working on its own decentralized exchange, according to market reports. The majority of these decentralized trading platforms are currently thriving in the decentralized finance DeFi industry. If Shiba Inu’s decentralized exchange achieves even a fraction of the success that other trading platforms like Uniswap have, it will catapult SHIB to the USD 1 goal.
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The shiba inu coin news today is a cryptocurrency that has been predicted to reach $1.
Frequently Asked Questions
Can Shiba Inu coin reach $1?
Shiba Inu coins are currently valued at $0.01, meaning they cannot reach a value of $1.
What price will Shiba Inu reach?
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