Cryptocurrency

Vitalik Buterin Announced Shiba Inu Coin Price will hit $0.1 soon!!





Vitalik Buterin Announced Shiba Inu Coin Price will hit $0.1 soon!!
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Most meme coins have been trading higher than their usual value. These kinds of coins have usually subjected themselves to abrupt and unforeseen pumps and dumps. Even though volume and sentiment for meme assets are seeing better days, market participants need to be aware of this before trading them.

With a market cap of more than $2.8 billion, SHIB has been trading at the range of $0.000007-0.000008 for the past few months. The cumulative token balance on exchanges has been on the drop lately. It is at a level at its 3-month low, noting the increasing demand and the movement of tokens into private wallets. This, again, is a bullish sign.

The fates of Shiba Inu appear to be at crossroads that could drive itself to greater prices after Binance, and Coinbase listing as millions of users now have direct access to get the coin with comfortably clicking of a button.

Coinbase, which recently got SHIB aboard, saw record-breaking volumes after new investors tossed in their money on the coin. A quick search on Coinbase’s resources confirms that Shiba Inu’s buying pressure is on the rise, and its sell orders are declining significantly.

Shiba Inu’s trading movement notes that a faltering 90.2% of investors have set the coin on ‘buy’ while just 9.8% of investors have put it on ‘sell’.  

Surprisingly, Shiba Inu has remained sincere to its tagline ‘Dogecoin killer’ as it seems to have elbowed Doge in the watchlist section. While 1,116,959 investors have added SHIB to their watchlist, Doge has 1,126,802. SHIB is only 9,843 watchlists away from its rival.

Shiba Inu has gained all its achievements with no celebrity backing and without any aids. It rushed ahead in the crypto market by launching Shiba Swap, being listed on all major exchanges. And it has now turned into the third most talked about cryptocurrency in the world, only behind Bitcoin and Ethereum, according to an analysis published by ICO Analytics.

Whales have also started taking positions in Shiba Inu, and Etherscan.io shows several investors buying billions of coins and pumping in millions of dollars in the token.

Several investors would end up being millionaires the day Shiba Inu arrives at 1 Cent, or even if it drops one zero, early investors could have earned generational wealth.

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