If you’re looking at buying up crypto in 2022, the end of April has created a perfect opportunity to do so – if you’re quick.
The current dip in the price of Shiba Inu and imminent launches in the EverGrow Coin ecosystem has created a buzz about each cryptocurrency.
A recent study showed that Shiba Inu has overtaken Bitcoin when analysing Google Search data, while EverGrow Coin is appearing as a ‘breakout’ topic popular with the same users.
The high amount of traffic driving towards Shiba Inu and EverGrow Coin coincides with both a dip in the price of Shiba Inu and the imminent rollout of two key applications for EverGrow Coin.
Analysts have pointed out that the current low price of Shiba Inu could have created a great opportunity to buy the dip.
In crypto terms, this means identifying when a cryptocurrency is at a low price and soon due for a rebound.
The price of Shiba Inu is currently $0.000022. This is one of its lowest prices so far this year, after opening 2022 with a price of $0.000034.
The Shiba Inu price very briefly dropped to $0.000019 but that was on February 24 – the day Russia invaded Ukraine – when the whole crypto market experienced a sudden drop in price.
As one of the most popular crypto tokens on the market, Shiba Inu could be soon due for a rebound. This could make right now a great time to buy Shiba Inu – if you’re quick!