Right after Vitalik Buterin donated roughly 50 trillion of Shiba Inu, there has been a continuous decreased value since then, with a small boost every once in a while. People want to know, will Shiba Inu ever make a comeback?
The donated amount equates to almost 5% of the total asset flow along with the relief fund set by Sandeep Nailwal, an Indian entrepreneur. Meanwhile, when the famous Elon Musk posted a tweet about how Shiba bred on his way to make a donation to the fund, the price of Shiba Inu skyrocketed overnight.
Is it worth buying the dip on Shiba Inu coins?
The ongoing crypto market volatility is making it harder to grow a meme coin, like Shiba Inu.
While we’re suffering due to depressed markets, investors are betting on this meme coin’s future, totally overlooking the present market condition.
Basically, the crypto market is now in a phase of a “downward spiral” and is almost at its bottom.
And as we know, Shiba Inu has already been announced as the meme coin of cryptocurrency.
Shiba Inu became one of the most famous dogs in Japan. It was used to represent Bitcoin in 2013.
What does this mean for us? There are some big investors trying to collect these meme coins to gain profit in the future.
Now, 1 Shiba Inu costs only 0.01 BTC, which is around 100$ now, but they’re great chances that it will be 10 times more expensive in 2023.
So, let’s take a profit now!
How to get Shiba Inu? You can get these coins just by holding it for some months and seeing the price rise. As you know at the moment this coin is extremely cheap. Why won’t be the same in a year? That is why we need to grab it while we can.
What are the possible outcomes?
1) We’ll come back in 2023, and we’ll see that price is 10 times more than now. What will we then say? “Hey man, I bought these coins before October 2022 ends.”
This meme coin has a lot of potential to be listed on some major exchanges. Right now it’s on Coingecko.com only but the coin should soon be listed on some bigger exchanges like Bittrex or Binance.
2) Maybe this coin will be added to Binance! That is one of the major exchanges which everyone knows.
What do you think? Will Shiba Inu be listed on Binance? Is it just another hype coin?
Keep in mind that crypto is a risky market, but if you choose wisely your investments, you can significantly increase your Bitcoins. So don’t miss those investment opportunities and buy them before October 2022 ends.
Wrap Up
The world of cryptocurrency is a wild world. And it’s a big ocean, full of surprises and opportunities. Being a part of the crypto market you can buy not only Bitcoin but also other coins that have great potential to gain in value.
As for Shiba Inu coins – the meme coin of Crypto, you can buy them now, before October 2022 ends.
Although this coin is not one of the biggest players in the crypto market and it has some competition if you invest wisely; there’s a 100% chance that your investment will be worth 10 times more in 2023.
