A steady increase in price that for Shiba Inu began a couple of days before the elections might turn into a rally toward a new all-time high (ATH) in the coming months, perhaps even weeks.
But letâs be honest: when it comes to meme coins, thereâs always more to the story. Enter the new kid on the block: Shiba Galaxy ($SHIBG), a meme coin combining humor with a hefty dose of utility that is rapidly gaining traction among investors.
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Shiba Inu Price Prediction â Will A New Meme Coin Take the Lead?
Shiba Inu Price Prediction â Will A New Meme Coin Take the Lead?
Sponsored Article
9 Nov 2024
As most analysts expect the broader cryptocurrency market to see further bullish trends following the victory of Donald Trump in the US presidential elections, Shiba Inu ($SHIB) is one of the digital assets profiting from the overall positive sentiment.
A steady increase in price that for Shiba Inu began a couple of days before the elections might turn into a rally toward a new all-time high (ATH) in the coming months, perhaps even weeks.
But letâs be honest: when it comes to meme coins, thereâs always more to the story. Enter the new kid on the block: Shiba Galaxy ($SHIBG), a meme coin combining humor with a hefty dose of utility that is rapidly gaining traction among investors.
Is Shiba Inu skyrocketing?
As it happens, Shiba Inu has been riding a wave of renewed crypto excitement. This is because the returning president of the United States, previously a crypto skeptic, repeatedly pledged during his campaign to make America âthe crypto capital of the planet.â
On the other hand, his opponent, the incumbent Vice President Kamala Harris, was largely silent on the matter. Hence, many in the crypto industry took this as a sign that she would not be as benevolent to them as Trump would be if elected.
So how high can $SHIB go?
It depends. Predictions are as varied as the cryptocurrencies themselves. For instance, AI algorithms deployed by the crypto analytics platform CoinCodex see Shiba Inu climbing in the following weeks to beyond $0.00003, before settling in the $0.000019 area.
At the same time, renowned crypto analyst Alan Santana recently shared on his TradingView profile that he expected lower prices for $SHIB in the near future. He based his predictions on the exceptionally low trading volumes and the fact that the October 29 peak is lower than the mid-July top.
With the uncertainties abounding, it is a good idea to consider alternatives like Shiba Galaxy.
Why $SHIBG is gaining ground
Despite the hype around Shiba Inu, many investors are turning their focus to other meme projects, including the fast-growing Shiba Galaxy. Hereâs why: $SHIBG is more than just another meme token. Itâs an innovative blockchain with features that push the boundaries of meme coin functionality.
Thanks to its unique Layer 2 blockchain called Shiba Galaxy Chain, which seamlessly integrates with the Ethereum (ETH) network and facilitates the lowest transaction costs among the competition, $SHIBG has been rapidly climbing the ranks of the meme coin world.
And itâs not just hype â $SHIBG is designed to handle massive transaction volumes with high-speed processing and instant bridging, making it a perfect fit for both casual and serious investors. As meme coins grow in popularity, SHIBG offers something rare: real utility and long-term growth potential.
Specifically, $SHIBG is a comprehensive ecosystem that includes a block explorer, builder tools, and an exceptionally fast transaction network. For investors, this means a more versatile, utility-rich platform than traditional meme coins.
While $SHIBG is still new, itâs already turning heads with its 12% jump in the last week alone, signaling serious growth potential. Given its current market capitalization of over $32 million, thereâs a significant upside as it catches up with more established meme coins like Dogecoin ($DOGE) and Shiba Inu.
Currently priced at $0.109 in presale, $SHIBG could soon be the meme coin to watch, especially as its momentum carries over into the current bull run.
The hype for meme coins is real
Meme coins like Shiba Inu and Shiba Galaxy thrive on community support and cultural relevance, often with the potential for rapid gains. While major cryptos may be cautious in the face of possible regulatory changes, meme coins are usually more nimble, affordable, and capable of massive returns.
With $SHIBG offering real-world utility and $SHIB benefitting from a dedicated fanbase, the meme coin space remains a dynamic investment frontier. So, if youâre looking to join the âcool kidsâ of crypto but want to be part of something new and game-changing, Shiba Galaxy should be your ticket.
