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Home Crypto

Why Shiba Inu (SHIB) Prices Can Shoot-Up Anytime?

March 29, 2022
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Self-claimed Dogecoin Killer, Shiba Inu (SHIB) is still the second-largest meme cryptocurrency. In its plan to take over other major crypto coins, SHIB has hinted to its holders that something big is coming ahead. In a Twitter post, Shiba Inu has asked its ShibArmy to stay tuned for March 30th. The token has recorded a massive surge of 232% in its 24-hour trading volume.

SHIB drops hints around Shiberse?

Shiba Inu increased curiosity among the investors when it mentioned that ‘the world is full of things more powerful than us’. However, it also added that ‘if you know how to catch a ride, you can go places.’ Now, every meme-coin enthusiast is waiting for the SHIB to drop some project-related news on Wednesday, March 30th.

SHIB has already announced its much-awaited project to land in the Metaverse sector. However, the official name of it wasn’t announced but still, they temporarily named it the ‘Shiberse’. Interestingly, MILKSHAKE in a social media post dropped a hint for the ShibArmy. Community and growth breed members shared a piece of the digital island. This clue directly links with the SHIB’s recent post. Maybe they are going to drop some announcements around the virtual land.

Recently, the SHIB token got listed on Netcoins, Canada’s crypto trading platform. It launched on the exchange among DOGE, MATIC, FTM, and MANA. Earlier, it also collaborated with fashion designer John Richmond to drop an NFT collection.

SHIB jumps by 18% in last 7 days

These announcements have certainly helped the coin to get upward momentum amid the volatile conditions. SHIB token has managed to surge by 18% in the last 7 days.

Shiba Inu is up by over 5% in the last 24 hours. The coin is trading at an average price of $0.000028, at the press time. SHIB’s 24-hour trading volume of $3,766,481,251 is also up by a whopping 232%. According to CoinMarketCap, the SHIB token is the 15th largest cryptocurrency with a total market cap of over $15 billion,

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]





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