Shiba Inu Coin To Burn 100 Trillion SHIB Tokens And Price will hit $0.1 Soon!!
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Shiba Inu Coin, introduced as a juke coin just a year ago, has surprised the crypto seasoned pros with its rising prices and market capitalization. Unlike other meme tokens, Shiba Inu Coin has been in the mainstream media since its launch. From the day when the lead Shiba Inu developers shifted 500 trillion in Vitalik Buterin wallet till today when this meme token has cemented its rank on 11th position among the world’s most valuable cryptocurrencies. And with the recent gains, Shiba Inu Coin is continuously breaking its all-time highs every day. Currently, it made its new all-time high at $0.000059, which is 50 million percent higher than the year beginning price.
Shiba Inu has been showing its impeccable performance from the beginning of this October. It is raising its price and market capitalization each day, putting every crypto analytics in surprise. Shiba Inu is moving beyond the technical analysis of crypto experts. With a gain of more than 25% overnight, Shiba Inu is currently trading at $0.0000575 with a historical market capitalization of $ billion, very close to entering in top ten most precious cryptocurrencies.
Since Shiba Inu is by nature a meme token so, like other tokens, it was supposed to get the price variation with celebrities’ tweets. And it has been with Shiba Inu for a long time when Elon Musk, the Tesla CEO, used to change the crypto prices with his tweets. But this time, Shiba Inu didn’t get much from Musk’s tweet as well. The latest tweet of Musk about not having a single SHIB in his portfolio could be a trend-changing for Shiba Inu, as per crypto experts. But surprisingly, Shiba Inu got a fluctuation only and again continued its upward flight.
This surprising behavior of Shiba Inu Coin was unexpected even for Elon Musk. Besides him, no one could imagine the tremendous upward flight of Shiba Inu Coin. After Musk’s tweet, Shiba Inu gained more than 25%, showing its credibility due to its strong community and investors’ trust.
Gokhshein. the former politician and current crypto influencer, said that Elon had tweeted this about his Dogecoin, which has already collapsed. Still, surprisingly nothing of the kind happened with Shiba Inu. However, Shiba Inu did lose 14% after Musk’s tweet and reverted to 13th position on the rank table. But very soon, Shiba Inu not only got the stability but regained its position at number 11th among the world’s most precious cryptocurrencies.
Later on Monday, Gokhshein, tweeted that he had agreed to buy a bag of SHIBs since the label of "second largest meme cryptocurrency" had been removed from Shiba Inu, and now it’s the world largest meme cryptocurrency and most talked about crypto asset after Bitcoin and Ethereum.
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