The crypto domain started considering Shiba Inu as a worthy investment since the token was accepted for listing in the Binance exchange.
The crypto witnessed its price skyrocketing exponentially last year, within a very short period. However, it did not succeed at keeping its position.
But experts predict that mid-2022 might hold a different story for the SHIB token. Due to the increasing popularity of cryptocurrencies all over the world
SHIB may also catch the attention of investors looking for an affordable investment option.
Although networks such as Ethereum and Solana have cryptocurrencies that are used to transact on their respective blockchains,
And the underlying services provide some level of the fundamental value of the tokens, the dynamics are not quite similar for Shiba Inu.
In fact, its operations are quite simple to understand. Crypto can be used as a currency or an investment asset. Hence, its adoption and market price speculation are the main drivers of the SHIB token
Also, if the Robinhood Markets or any other leading trading platforms make Shiba Inu available to buy and sell, that could accelerate its rate of adoption.
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