Shiba Inu Adds A Zero To Its Value

Over the past few years, the cryptocurrency market has successfully overshadowed the dominance of the crypto market.

The adoption of major cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Solana, to name a few, have driven the entire market to new highs.

Among these major cryptocurrencies is Shiba Inu. Shiba Inu has experienced quite little adoption and recognition as compared to other altcoins.

It is mainly because the crypto has been unable to present proof that it is also a worthy long-term investment.

Analysts claim meme coins like Dogecoin and Shiba Inu are only suitable for short-term investments, mainly due to their volatility,

and also because these cryptocurrencies have only emerged from a meme and do not specifically serve a purpose.

As the crypto market was recovering from its prolonged bearish mode, the Shiba Inu price was also expected to rise, but unfortunately,

SHIB successfully added another zero to its price, making its journey to reach US$1 even longer than all speculations and anticipations that its investors had held.

Now that the crypto market has disintegrated again as Bitcoin dived below US$25,000, Shiba Inu investors are currently not expecting a price hike anytime soon.


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