This Shiba Inu is again in the spotlight. Many are still talking about his price which goes up and down like a roller coaster. Some say that next year the price can go up quite high, but there are also pessimists.
Why is this Shiba Inu attracting attention?
In the beginning, Shiba Inu was just considered a meme-memean coin, just funny. But now, they have created many cool projects, like ShibaSwap to exchange coins and Shibarium to make transactions faster.
Then, what makes Shiba Inu prices go up?
* Many people are interested: The more people who know and are interested in Shiba Inu, the higher the demand.
* New projects: With ShibaSwap and Shibarium, Shiba Inu has a wider range of uses.
* Big investors: There are some big investors who still collect a lot of Shiba Inu. This could be a sign that they see great potential in this coin.
But, don't be happy just yet!
* The crypto market is still unstable: The price of all crypto coins, including Shiba Inu, can fluctuate quickly.
* Lots of competitors: There are lots of new coins appearing every day, so Shiba Inu has to keep innovating to keep up.
So, what is the conclusion?
Shiba Inu has the potential to increase in price, but we cannot predict with certainty. Everything depends on many factors, such as the development of the crypto market as a whole, the innovations made by the Shiba Inu team, and the interest from investors.
If you are still thinking about whether to invest in Shiba Inu or not, my advice is, learn more about this coin first. Don't just follow the trend. And most importantly, don't invest the money you need in the short term.
