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Will SHIBA INU COIN Ever Reach 1 Dollar? (EXPLAINED)

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Will SHIBA INU COIN Ever Reach 1 Dollar? (EXPLAINED)

In this video I explore 3 things about Shiba Inu Token. What is it all about? What's happened so far? And finally will Shiba Inu Token reach $1?

Shiba Inu Coin or Shiba Inu Token is one of the most popular meme currencies to hit the market. It has been listed on Binance, and now of course in the almighty Shibaswap. Among those interested in crypto everybody wants to know just how far the price will go up. With the launch of the Shibaswap, it hopes to be one of the biggest crypto currencies on the market today. The price of the Shiba Inu token has seen massive gains in the short term and the long term, which has prompted many cryptocurrency investors to start paying attention to the coin. In the binance listing the Shiba Inu Token was described as an experiment in decentralized community building and another meme coin. It also warned buyers that the top three wallets holding shib contained , 7% and 3% of the tokens total supply. Therefore should any of these opt to sell, the price of Shiba Inu Coin would almost certainly crash. The CEO of binance himself tweeted “some have voiced concerns about the shib listing, we follow users. There is a large number of users demanding it to the point where we ran out of ethereum deposit addresses due to the shib demand, this has never happened before for any other ERC 20 coin.



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Disclaimer: I am not a financial advisor. Before making any investment decisions make sure to do your own due diligence and consult with your own financial advisor. This is solely for entertainment purposes. Please invest wisely!

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