Shiba Inu Coin, one of the newest community cryptos, has soared a whopping two million percent this year. Which is a meme coin with the name of the Shiba Inu coin, and also known as the Shiba token or SHIB. And in this video, we’re going to explore the potential, whether the Shiba Inu Token is a good buy or a bad buy. And then we are going to see whether Shiba inu Token could beat Dogecoin. After all, in the white paper that they branded as a woof paper, they call themselves, the Dogecoin Killer. And finally we are going to ask the almighty question, how many Shiba Inu tokens do you need to be a millionaire.

Shiba Inu Coin was created back in August 2021, but recently surged to extreme highs after riding a lot of the attention of Dogecoin, with Elon Musk championing the wave for Dogecoin. A lot of investors have been looking again for the next Big Coin. And with a lot of Alt coins and meme coins riding the coattails of the bigger cryptos, it spawned off a lot of copycat style coins. Some of them genuinely have interesting technology, though. So far, Shiba Inu Token, you know, has a community of around 165,000 people and it’s growing every single day. Remember that Dogecoin was built as a bit of a joke. The creators never intended for Dogecoin to get this big. And there’s no future for major plans or exchanges, meaning that in theory, for the meme coin space, there is room. I think, for a token to take the top spot that has a good technology underneath it, which is one of the reasons that I think we’re seeing a lot of Alt coins flood the market. Some of them can be categorised as scams, but there are some really interesting ones with great technology emerging.


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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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Comment (30)

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