After the significant rise of Dogecoin, many investors have become millionaires. It looks natural and also waiting for the next hype cryptocurrency before it takes off. For example, just think about that if you have invested more than $100 in Dogecoin in the last year, you could have gained an excess profit on it when Elon Musk appeared on SNL.
While most of the investors are still holding Dogecoin and also hoping that it goes up again, others are started to focus on other cryptocurrencies which give more return on investment.
Major reasons to buy the Shiba Inu coin before it goes to the moon.
The hype
Hype is one of the major factors behind a lot of crypto investments nowadays. SHIB is one of the popular cryptocurrencies and also it creates hype among investors now. A lot of peoples are already started to look into this and fanbase backing it and investing in it. We can't deny that how dogecoin performed well in the last year and all the coins are creating hype based on the meme. Yet, million of peoples still investing billions of money in it. Like Dogecoin, SHIB can make it. Many of them are saying it as "The Dogecoin Killer". Once again, I would say. Meme makes profits.
Unlike Bitcoin, there’s no research or information available about how Doge has a possibility of being stable crypto or the future of money. There is information readily available about how it’s almost impossible for Doge to become anything at all in the future.
Very cheap
At the time of writing this article, the price of SHIBA INU is $0.00000908. For $5, you can buy 551267 no of SHIBA coins with a minimal fee. This is very cheap. There are many possibilities to make lots of profit in the future. At least with SHIBA INU, you can hold the coin as much as you want to sell before. But the price of this coin pushed me to buy more. Even if I paid $5 to buy 551267 amount of coins and also the price falls in the future, it will not consider it a big loss.
Have watched this before
2 year ago, the cost of a Dogecoin was $0.0025. After the price is around $0.312. This is a WOWSOME rise in the price within the 12 months. I am saying that, don't look at the possibility of SHIB like how it's happened to the Dogecoin. Keep your hope on it.
The hype behind the Shiba Inu coin right now is more and wait for the moment to reach its sky-high. Investing money in digital currencies could gain more profits with a few months or a year.
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