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
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.
The Launch of SHI Stablecoin
The next launch for Shiba Inu is SHI, a stablecoin expected to launch after the Shibarium project has gone live.
Shibarium is a layer 2 solution that essentially speeds up transaction processing and reduces gas fees, making it a better more updated platform.
According to Ryoshi, SHI is meant to be a global stable currency that is used both as a store of value and method of payment.
There is currently no set date for the release of this project, however, we know that the stablecoin will start at $0.01.
Shiba Inu Coin Now Accepted as Payment
Shiba Inu Coin is now being accepted in more places than ever before.
SHIB has now been accepted as a form of payment via BitPay which is going to allow a ton of merchants to accept the crypto.
This type of attention draws more investors towards buying the cryptocurrency.
We’ve also seen AMC Entertainment recently announce their acceptance of Shiba Inu Coin too.
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)
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.
If you don’t know how massive NFTs are becoming or how they’re changing today’s world, you have to bookmark this article here.
While NFTs may be highly profitable investments, they’re more about community.
And it’s this community that exposes the world to SHIB and will continue to increase its value as a cryptocurrency.
Should You Buy Shiba Inu Coin?
SHIB is too affordable for anyone to not put something into it.
You don’t have to make an incredibly large contribution.
But if you’re betting on innovation and a growing community like I am, then it is certainly a buy.
Some of my readers got in on SHIB before the runup when I sent out the email via my newsletter and made a lot of money trading it.
Many continue to hold it for its long-term potential.
This cryptocurrency doesn’t have to move up very much to make investors a lot of money.
Look at it this way – many people will become millionaires when SHIB hits one penny.
Yeah, it’s that affordable right now.
Regardless of investor opinion, you cannot deny SHIB knows how to provide value to a number of growing and innovating communities.
Are You Invested in Shiba Inu Coin?
If you’re holding Shiba Inu Coin in your portfolio, leave a comment below.
I’m curious, how many of you are holding more than 1 million SHIB?
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