Is Shiba Inu coin a good investment?

While these developments may be promising, it’s important to keep in mind that Shiba Inu is still an extremely risky investment . It does have more real-world utility than in the past, but the crypto space is highly competitive. At the moment, there’s not much that sets Shiba Inu apart from other cryptocurrencies.

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Will Shiba Inu reach 1 dollar?

What makes us think Shiba Inu will reach the $1 cap? The current value of Shiba Inu is $0.000021, so increasing to a dollar would represent an increase of 4,700,000% , although some specialists believe that the growth that the currency has had in the last year makes a new giant leap viable.24 Şub 2022

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Does Shiba Inu coin have potential?

Volatile penny cryptocurrency Even exchanges that list meme coins list them with a hint of caution. This brings to the fact that despite the useful use cases, the near-550 trillion total supply, and a market cap well above $19 billion, Shiba Inu remains a speculative crypto asset, though with a deflationary lineage .10 Oca 2022

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