For long-term investment, SHIBA is one of the most valuable currencies

It will take 1-2 years and then it will be at $1 now which is at 0.000002002.

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Its popularity and success is mainly due to the large cryptocurrency community that includes SHIB supporters, the so-called ShibArmy, and online influencers who help drive prices up. For example, the official cryptocurrency Twitter account is followed by 2.2 million people, more than other major cryptocurrencies such as Solana (1 million followers), Cardano (1.1 million followers), or even Ethereum (1.9 million followers). Overall, the price of SHIB increased by more than 27,000,000% from January to October 2021.

For a long time, the SHIB token was considered a cryptocurrency pump and dump, mainly because it was difficult for real-world users to understand its utility. However, its website states that the Shiba token is a “decentralized meme token that has evolved into a vibrant ecosystem” and reached the heart of its people because the popularity of the dog breed resonated with the cryptocurrency community.

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