#SHIB Is valuable long-term investment is based on the anticipation that its value will rise from its current price of 0.0000040 to $1 within 1 to 2 years.
đ This projection is fueled by the support of the large SHIB community, known as the ShibArmy, and the influence of online personalities driving up the price.
đNotably, SHIB's Twitter account boasts 2.2 million followers, surpassing other top cryptocurrencies like Solana, Cardano, and Ethereum.
đDespite its immense price surge of over 27,000,000% from January to October 2021, SHIB has been historically viewed as a pump and dump coin due to the perceived lack of real-world utility.
đThe official website, however, describes SHIB as a "Decentralized Meme Token that Evolved into a Vibrant Ecosystem," emphasizing its connection to the crypto community through the popularity of the Shiba Inu dog breed.
đInvestors should be cautious, considering both the speculative nature of meme tokens and the need for the coin to demonstrate tangible utility for sustained long-term growth.
