Major crypto investor and analyst reveals Shiba Inu's destiny


Shiba Inu has evolved into one of the largest meme currencies in a crowded sector. Shiba Inu's OG status doesn't stop skeptics from believing the cryptocurrency might lose most of its value in the future years.


Critics ignore SHIB's potential, but Crypto King, a crypto investor, sees it. On social networking site X, Crypto King denied Shiba Inu's decline and said “OG memes like $SHIB are destined to make it.”


Major Investor Denies SHIB Value Loss Claims
Crypto King replied to a meme coin critic on X. According to the critic, most meme coins will lose value in the next few years, leaving just two or three in the top 50 cryptocurrencies. Strangely, the critic thinks Shiba Inu, the second biggest meme token and 11th in market cap, would lose most of its $13 billion worth.



The SHIB market valuation is $6.8 billion. TradingView.com chart

Crypto King said that this school of thinking is for market novices. Many global centralized crypto exchanges offer SHIB, allowing retail traders ample exposure to the cryptocurrency. The investor thinks SHIB is more established than skeptics realize. He also compared SHIB's meme currency status to gold against a cheap recently found crystal.


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The Shiba Inu Will Grow

Shiba Inu has a thriving community. Team members are always providing real-world benefit to go beyond meme coin status. The development team has created real-world use cases on this basis. SHIB helps ShibaSwap and Shibarium.


SHIB is presently trading at $0.00002317, down 2.84% and 6.19% in 24 hours and 7 days. IntoTheBlock's Global In/Out Of The Money Metric shows SHIB between a 12.7 trillion opposition wall and a 37.4 trillion support wall. The cryptocurrency might go either way this week, but a crypto specialist says SHIB is usually in demand around $0.000023.#altcoins #SHIB $SHIB