How Much Do You Know The Price of Shiba Inu Coin?
2022-02-09 18:01:41
2021 was a harvest year for cryptocurrencies. The market surged to a value of more than $3 trillion for the first time ever. And Bitcoin, the world's biggest cryptocurrency, sky-rocketed over $60,000. It’s worth noting that Shiba Inu Coin (SHIB), the young cryptocurrency, jumped an eye-popping 45,000,000%, which grabbed most investors attention and made headlines for many times. Shiba Inu Coin reached the important milestone of more than 1 million holders in 2021. When it comes to 2022, the price of SHIB Coin rose by more than 300% within one month, which is similar to that of DOGE in early 2021.
What Is Shiba Inu Coin?
Shiba Inu (SHIB) Coin is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. It started out as a fun token based on the famous Japanese dog breed and grabbed increasing attention in 2021 due to its lower threshold: even if the price rises, it is one of the cheapest coins available, which makes it probably seen by many as a relatively simple "quick win" investment. Unlike Bitcoin that was designed to be scarce, SHIB Coin was designed to be abundant with a total of one quadrillion in supply.
What Is Shiba Inu Coin Price?
This is a data of Shiba Inu Coin from Statista, which intuitively reflects the market trend of SHIB Coin price. Let’s discuss together.
As you can see, SHIB coin has experience a stationary phase from Aug 2020 to March 2021. And it took its first step in April 2021, and keeps a stable small rise and drop and then retail stable until Sep 2021. After that, SHIB Coin sufferred great unheavals during four months from Sep 2021 to Jan 2022. For SHIB Coin investors, they notched tremendous gains and endured equally steep losses, too, just like riding a roller coaster. Later, SHIB planned to have a rest, only to find that it jumped to a new year. Like most people who have been toiling away all year round want to have holidays during new year, SHIB also does so during the new-year period. And it seems that SHIB coin has conserved power and strength, it begins to speed up these day from Feb. 7th, For investor who have bought or plan to buy Shiba Inu Coin, it is an optimistic and inspiring trend.
Is Shiba Inu A Good Coin to Buy in 2022?
Though SHIB Inu Coin shows an upward trend at the beginning of Feb, 2022, it suffered perilous fluctuation during 2021. Many investors may worry if Shiba Inu is a good coin to buy in 2022. According to Gate.io, the second largest platform to trade SHIB Coin, there is nearly 60% up in the price of Shiba Inu Coin over the last five days and 20% up in the last 24-hour period. The SHIB Coin Price live is trading at $0.0000312, significantly below its $0.00008 all-time high seen last year.
Some experts forcast that the price of Shiba Inu Coin could reach as high as $0.00012 by the end of 2022, which gives a positive light on this cryptocurrency. However, you must know, like most investments, there is also risk versus reward to investing in Shiba Inu Coin.
What Is Shiba Inu Coin?
Shiba Inu (SHIB) Coin is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. It started out as a fun token based on the famous Japanese dog breed and grabbed increasing attention in 2021 due to its lower threshold: even if the price rises, it is one of the cheapest coins available, which makes it probably seen by many as a relatively simple "quick win" investment. Unlike Bitcoin that was designed to be scarce, SHIB Coin was designed to be abundant with a total of one quadrillion in supply.
What Is Shiba Inu Coin Price?
This is a data of Shiba Inu Coin from Statista, which intuitively reflects the market trend of SHIB Coin price. Let’s discuss together.
As you can see, SHIB coin has experience a stationary phase from Aug 2020 to March 2021. And it took its first step in April 2021, and keeps a stable small rise and drop and then retail stable until Sep 2021. After that, SHIB Coin sufferred great unheavals during four months from Sep 2021 to Jan 2022. For SHIB Coin investors, they notched tremendous gains and endured equally steep losses, too, just like riding a roller coaster. Later, SHIB planned to have a rest, only to find that it jumped to a new year. Like most people who have been toiling away all year round want to have holidays during new year, SHIB also does so during the new-year period. And it seems that SHIB coin has conserved power and strength, it begins to speed up these day from Feb. 7th, For investor who have bought or plan to buy Shiba Inu Coin, it is an optimistic and inspiring trend.
Is Shiba Inu A Good Coin to Buy in 2022?
Though SHIB Inu Coin shows an upward trend at the beginning of Feb, 2022, it suffered perilous fluctuation during 2021. Many investors may worry if Shiba Inu is a good coin to buy in 2022. According to Gate.io, the second largest platform to trade SHIB Coin, there is nearly 60% up in the price of Shiba Inu Coin over the last five days and 20% up in the last 24-hour period. The SHIB Coin Price live is trading at $0.0000312, significantly below its $0.00008 all-time high seen last year.
Some experts forcast that the price of Shiba Inu Coin could reach as high as $0.00012 by the end of 2022, which gives a positive light on this cryptocurrency. However, you must know, like most investments, there is also risk versus reward to investing in Shiba Inu Coin.
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