1.8 million people have now added SHIB to their watchlist on CoinMarketCap beating Dogecoing (DOGE) by more than 200,000.
SHIB is currently trending on Twitter as SHIB news was released that developers had launched an updated version of their ecosystem website today.
The Shiba Inu community has now grown to an astonishing 3.6 million on Twitter.
The community had achieved its first million milestone in October of 2021 when SHIB reached its second all-time high.
Some of the biggest SHIB news leading to the new year included the cryptocurrency getting listed on Kraken and eventually trading on Robinhood.
Today, the SHIB community is waiting for the next major gainer during the next bull run.
Here’s what’s happening with SHIB.
SHIB Army Expansion
The SHIB army continues to expand, sharing its uniqueness with other likeminded communities.
PlaySide Studios has partnered with Shiba Inu Games in such an early phase of the cryptocurrency and gaming development.
PlaySide said it continues to collaborate with strategic partners to develop games using the latest trends that are shaping the future of the gaming industry.
“With booming global trends such as the metaverse and the growing popularity of new technologies including cryptocurrencies, nonfungible tokens (NFTs), and blockchain gaming; new opportunities in games continue to emerge.”
Gaming seems to be a big niche where blockchain technology is headed to grow the industry.
Companies such as GameStop have now begun to dive into this process through their NFT Marketplace.
SHIB Price Changes in the Last 24hrs
SHIB price chart today.
Shiba Inu coin is currently up 3.20%.
Its market cap is up 3.25%, with trading volume at 109 million.
The ‘meme token’ currently ranks at #15 on CoinMarketCap and #12 on Coinbase.
Are you holding SHIB?
If so, how many millions?
What are you most excited for the community in 2023?
Leave a comment down below.
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Shiba Inu Coin is up more than 57 million percent this year.
The cryptocurrency has become one of the most popular cryptos since its rise to 9300.
It’s made the top 10 list of most popular cryptocurrencies and continues to gain mass attention from the crypto community.
However, SHIB has been falling for two months straight since its runup.
Should you buy Shiba Inu coin now or wait for more dip?
Welcome to Franknez.com – today I want to touch topic on a beloved cryptocurrency that continues to stand out and innovate.
Let’s get started!
Shiba Inu Innovation
One of the biggest reasons you’d invest in a cryptocurrency is whether the crypto is innovating or not.
While Shiba Inu Coin might have started as a meme, it has many plans for the future that make it an attractive long-term investment for current SHIB holders.
Let’s start with some of the most recent SHIBA news.
Shiba Inu Games
Shiba Inu News – Shiba Inu Games
SHIB has announced that they are finalizing paperwork with a triple A studio (AAA Studio) to create both mobile gaming and metaverse gaming, via. Shytoshi Kusama.
And although they can’t say much, they mention that this AAA Studio has worked with the likes of Disney and Warner Bros., so you know this is going to be quality work.
In fact, the studio just launched its Twitter account this month of December.
PlaySide Studios will be the AAA Studio working on this project.
Joining the Shiba Inu team is game industry veteran, William Volk.
William Volk was the former Vice President of Tech for Activision.
“I am honored to be working with an amazing team on what will become one of the most significant games of all time”, says William.
The first game the SHIB team will be developing is called Shiboshi and will be primarily for mobile.
And with Shiba Inu Coin now trading on Kraken, it’s only a matter of time before larger trading platforms such as Robinhood begin trading the cryptocurrency.
SHIB has gone mainstream and is no longer considered to be a meme token by some.
The value this crypto is providing in projects to several communities is astonishing.
Shiboshis (Shiba Inu NFTs)
Shiba Inu NFTs – Shiboshi – should you buy Shiba Inu coin?
Shiboshis are another one of Shiba Inu Coin’s innovative projects in the NFT realm.
The NFT community is changing the way we transact value, product, and services.
In order for SHIB to reach $1 per token its market cap would need to be in the trillions.
Having this come to fruition would be quite difficult.
However, because this cryptocurrency is still relatively new, investors have a chance at becoming profitable in the long-term as the market cap increases and new traders buy in.
Many of my readers were able to profit from the run back in October when I sent out a newsletter advising the token was looking very bullish.
If you’re on my Patreon, you saw I purchased the cryptocurrency a few days before it skyrocketed.
SHIB has been consolidating extremely well in the 20s which mean it’s found a new foundation.
If you missed the first and second run, this could prove to be a great entry point.
We’ve also seen that SHIB’s typical holding time has drastically increased to 112 days meaning investors are holding this cryptocurrency.
Shiba Inu crypto is rising and the Shiba army just reached 1 million on Twitter.
We’re starting to see SHIB cool down now which is quite normal after a significant runup.
Let’s dive into Shiba Inu news, community, and SHIB price predictions.
Welcome to Franknez.com – the blog that keeps you informed on rising stocks and rising crypto. Today we’re diving straight into Shiba Inu. (Video bonus at end of article)
Let’s get started!
Looking at Shiba Inu’s one year chart and you’ll find that the cryptocurrency is up more than 37,000,000%.
How in the world did anyone sleep on this?
But don’t beat yourself up because SHIB has an active and growing community both on Twitter and Reddit, and they’re going long on this crypto.
SHIB is becoming more popular, being deemed the ‘DOGE killer’.
DOGE has quite a massive community too. Is SHIB the DOGE killer? I like to see them as two very separate entities and wouldn’t necessarily pin them against each other.
SHIB’s price is still less than a penny.
Now let me ask you, if you could go back in time and buy Bitcoin or Ethereum when it was less than a penny, would you?
The trading activity in SHIBA has also upgraded from 75% buy and 25% sell to 84% buy and 16% sell.
Long term buying and holding with a combination of burning could move this crypto beyond precedented means.
Is Shiba Inu Deflationary?
Shiba Inu coin is deflationary. There are currently 394.8T SHIB circulating the market.
As more SHIB are ‘burned’, or eliminated from the market, we can expect the price of SHIB to rise.
Another cryptocurrency that is deflationary is Bitcoin.
Unlike inflationary coins, deflationary coins will tend to hold their value significantly longer.
Dogecoin is an inflationary cryptocurrency, where several coins are being made per minute!
SHIB on the other hand is limited, like Bitcoin.
Supply and demand has a massive effect on deflationary cryptocurrencies like Bitcoin and SHIB.
Another coin that’s deflationary is Ethereum, ETH.
SHIB’s All-Time High Is Making A Statement
In the last 24 hours, the Shiba Inu price has rallied 43% to 0.00004127 while trading volume has soared more than 950% to $12 billion, via FX Empire.
Crypto communities are growing and they’re here to stay.
Not being involved in one could cost you massive opportunities.
Both the Twitter and Reddit communities are filled with positive long-term holders cheering on their favorite crypto.
These communities are the strength of this cryptocurrency and future of its growth.
The SHIB Community Hits 1 Million Followers on Twitter
Thank you, #ShibArmy, for helping us reach yet another milestone in our history. Today, we reached 1,000,000 Followers on Twitter.
We can see from its price history that it has been setting both higher highs and higher lows.
SHIB has already been eating zeros and I believe it will continue to do so until it reaches $0.01, $0.05, $0.10, until eventually reaching it’s way up to a dollar.
How soon? I believe we will see SHIB hit $1 this decade as the community continues to grow.
The Demand For Shiba Inu Is Increasing Rapidly
Platforms such as Robinhood don’t trade SHIB yet.
There’s been talks about SHIB joining Robinhood but as of right now it doesn’t seem like CEO Vlad Tenev has any plans to include this crypto.
Retail investors have even taken it to create a petition on change.org for Robinhood to include SHIB.
People are rushing to buy this cryptocurrency by opening accounts with other firms.
Where Can I Buy SHIB?
These are the platforms where you can buy Shiba Inu coin:
I expect that as more retail investors demand it from their exchanges and brokers, SHIB will be offered by more platforms.
This demand will cause the cryptocurrency to skyrocket again in the short term.
However, SHIB should not be traded for short term gains. The possibilities are too high to make a quick buck from this crypto.
Delayed gratification is what has made early Bitcoin and Ethereum holders extremely successful and profitable.
The best way to invest in this cryptocurrency is by setting a budge aside every month for it.
In a world where inflation continues to go up and banks don’t pay interest, vehicles such stocks and crypto are becoming more popular than ever before.
Is Shiba Inu Coin A Buy?
I’m giving Shiba Inu coin a strong buy.
The community has a strong conviction and is very united. The crypto is so affordable that $100 will earn you more than 2 million SHIB.
When this cryptocurrency reaches $0.01 those $100 will be worth about $26.6k.
Investing $1,000 today will earn you approximately $266.3k when it reaches $0.01.
I look at what deflationary coins such as Bitcoin and Ethereum have managed to accomplish and I don’t see why SHIB doesn’t have those same possibilities.
Granted, massive runups took time. Lots of it.
Delayed gratification has made successful investors multi-millionaires.
Go back in time today, and secure your future.
Are You Holding SHIB?
Leave a comment below. Are you holding SHIB? What are you price predictions? At what price will you be a SHIB millionaire?
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