Well, Shiba Inu has been one of the best performing cryptocurrencies of 2021. It is still one of the top #15 largest cryptocurrencies by marketcap. But when compared to a Bitgert, it has been beaten as the best crypto investment in so many ways .
Read moreWhy is crypto going down?
Some of the drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to China’s recent crackdown on crypto services .
Read moreIs Shiba Inu burning coins?
has started testing the burn portal developers announced last month. By burning the tokens, the supply is reduced, effectively making Shiba Inu deflationary. According to a website which tracks the burning of Shiba Inu, over 410 trillion tokens have been burned so far .
Read moreWhy is Shiba Inu coin dropping?
Shiba Inu is dropping because the whole cryptocurrency market is in the bear run , said Nitish Sharma, Global CEO, TP Global FX. “Cryptocurrency is just like any other trading market where you will have a bear and a bull run.”
Read moreWhat is Shiba RSI?
The RSI is a line graph that moves between two extremes and has a reading from 0 to 100 . Traditional usage of the RSI is that: RSI values of 70 or above indicate that an asset is becoming overbought and prime for a trend reversal or experience correction in the asset – Shiba Inu (SHIB) – USD price.
Read moreIs Shiba Inu going up?
Shiba Inu ( SHIB 1.19% ) is one of the fastest-growing cryptocurrencies of all time, soaring more than 41,016,168% since late 2020. While its price has taken a hit in recent weeks (falling more than 73% from its peak), some investors still believe in its potential .
Read moreWill Shiba Inu come back up?
Shiba Inu will likely come to more exchanges in 2022 . Robinhood ( HOOD -2.00% ), which has more than 20 million active accounts on its platform, has thus far resisted calls to make the meme token available.
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