Top 5 Reasons to Invest In Shiba Inu Today

Meme coins like Dogecoin and Shiba Inu have been supported by many celebrities, tech leaders, and big-name investors. There are all sorts of reasons for which you might want to invest in shiba inu and we present you the top 5 of them.

Shibarium Could be a Big Boost

Shiba Inu already is blessed with a good ecosystem. Shibarium is simply the icing on the cake. According to this meme piece's creator, shibarium will add even more benefits to the ecosystem. This is a layer 2 solution that will allow to extend the shib characteristics.

He's got potential, you know.

At present, there are over 20,000 cryptocurrencies in circulation and at least 50-100 tokens are getting launched every day. However, they do not all qualify as good investment options. March in the same way as dogecoin, shiba inu has managed to outperform the first meme piece in the industry. It can happen again in the future.

Shiba Inu is an ERC-20 chipset.

A lot of people still wonder why investors choose Shiba Inu rather than Dogecoin, which was indeed a precursor in the first place. One of the key differentiators between the two is SHIB’s status as an

Acts as Penny Token

When cryptocurrencies like Bitcoin and Ethereum are priced at US$22k and US$1.6k respectively, buying a single token might be a big task for a commoner. On the other hand, shib is below $1 with lots of promising possibilities for higher prices.

Metaverse plays a Crucial Role

Because of the Metaverse platform, the SHIB price is expected to create a new high in 2023. Currently, shiba Inu trades at $0.00001212 with a 24-hour exchange volume of $390.155.033. If we take on the words of many SHIB enthusiasts then this meme coin does have tremendous potential when it combines effective market strategies with positive market sentiment.