Can Shiba Inu Reach US$0.5 in 2022?

Shiba Inu will eventually dominate the meme coin market in the near future.

Shiba Inu became one of the most popular coins. The self-proclaimed ‘Dogecoin-killer’ has proven itself to be of much more importance, despite harsh criticism and negative investor analysis.

The Shiba Inu coin produced massive profits in 2021 and astonished the crypto market with skyrocketing profits.

The most obvious reason SHIB was unstoppable in 2021, was due to its increased visibility.

As the token rose the ranks in popularity and market capitalization, so did its market liquidity and investor community.

Shiba Inu celebrated its growing community in 2021 as it crossed 1 million. In fact, it became the most-searched cryptocurrency in 2021, overtaking Bitcoin and some other major cryptocurrencies.

The launch of decentralized exchange ShibaSwap in July also helped its cause. But since the great crypto market meltdown in late 2021,

Major cryptocurrencies including Shiba Inu fell into deep trenches, making investors quite worried about its future prospects and opting for other affordable means of investment.

But Shiba Inu has been working hard to improve its visibility and market relevance.

Recently, its acceptance in the Robinhood crypto platform was sort of a dream come true for the SHIB investors and is actually a huge deal for the crypto. But will it help the crypto to reach US$0.5.


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