Why Is Shiba Inu Rising? Can It Reach $0.01?

Shiba Inu
Will Shiba Inu coin keep going up?

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.

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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.

Shiba Inu Price Chart
Shiba Inu Coinbase

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

The SHIB army also 10X’d their member count on reddit’s r/SHIBArmy to 307k members as of the time of this publication.

The subreddit had about 30k members earlier this summer.

r/SHIBArmy
Reddit SHIB Army – r/SHIBArmy

These massive and growing communities are what are going to continue to drive SHIB’s price.

Not only are they growing exponentially every day, but to think of it’s long-term future is definitely exciting.

When you look at a deflationary cryptocurrency such as Bitcoin or Ethereum, you can’t help but to wish you had gotten in sooner.

Is Shiba Inu coin this opportunity?

I certainly think so.

Shiba Inu Price Predictions

There are a ton of price predictions from financial platforms giving SHIB numbers below it’s current price.

I don’t think they have spent enough time getting involved in these crypto communities.

Most are bears themselves and don’t support the innovation behind cryptocurrencies to begin with.

Based on what I’ve seen from the community sentiment, I’m giving SHIB a $0.00010000 by the end of the year from it’s current $0.00003827.

In other words, it eats another zero by the end of the year.

Can Shiba Inu reach $0.01?

Over time, absolutely.

If the community continues to grow at this incredible rate, we could see SHIB hit $0.01 by early next year.

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 and Kraken don’t sell 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:

  1. Coinbase πŸŽ‰
  2. Binance
  3. eToro
  4. Webull

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?

Is Shiba inu 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?

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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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44 Comments

  1. Nghia t Lu

    I believed this coin (SHIB) will hit 0.01+cent by 2025 or even earlier! πŸ™Œ

  2. John wayne

    I got over million shib and holding

  3. Chris

    I’ll sell half my SHIB at .01. The rest, I’ll hold until it hits Etherium levels. $$$$$$$.

  4. Evil Killer

    Nice post

    • Frank Nez

      Thanks for reading 🀝

  5. Christopher Bartlett

    Bought 300M @ .00000798 and have my rocket seatbelt strapped securely for a massive orbit onto wealth I’ve always planned for…. excited fir all who are smart enough to get aboard the ride πŸš€ πŸš€

  6. Harold Royer

    Got in at 0.00000795. 4.3 million looking at another buy in the next day today was inspiring when I seen 0.00008800

  7. livelearn735

    Holding 1.33B of SHIB, got it in the VERY beginning as I didn’t want to miss out like I did on DOGE.

    The FUNNIEST takeaway is seeing who in the finance media got it RIGHT!

    Almost every DAY there is another “Motley Fool” article about how “bad” SHIB is, what’s ‘better” to buy.. lol!

    Their last article was soooo poorly timed, it was advising trading SHIB in for two other cryptos AT THE SAME TIME SHIB was hitting it’s 2nd alltime high lol!

    We SEE who the FOOLs are here!

  8. Justin L Williams

    Got in at 0.0000076– for 14,657,—.- pieces of the pie. If it hits . 01 sweet, .1 awesome, but $1.. that’d be legendary. πŸŒŠπŸ„ Riding it out

    • Frank Nez

      LEGENDARY! Going long πŸ”₯πŸš€πŸŒ”

  9. Lawrence S Bernstein

    I feel like a cheapskate,I only 8,117,000 coins.i am thinking about an increase.good luck to all of us.

    • Frank Nez

      Not too bad!

  10. ScubaKeith

    Holding 2 Billion SHIB. β€˜Nuff said.

    • Frank Nez

      Ooof πŸ”₯πŸ”₯πŸ”₯πŸš€πŸš€πŸš€

  11. Denis S

    I think you’re correct on the skepticism of reaching .01. It could never reach $1.0 because that would take, literally about all the money in the world. Agree? The crypto market is going to boom and 2.8T already invested will grow. How about losing 2 more zeros? Do you think that’s possible?

    • Frank Nez

      Our government keeps printing more and more money. “All the money in the world” today will eventually just be a number a decade from now. I think that as the community continues to grow, we will begin to eat one zero after another ☝

  12. Hugo Wallace

    That’s awesome, keep buying.

  13. Chris

    I picked up 100m for $678 so I’m pretty happy with it right now. I’m ridding this one to the moon. Also you can get it from crypto.com.

    • Frank Nez

      πŸ’―πŸ’―πŸ’―

  14. STEVEN L KIBLER

    I grabbed 103 million in March this year and I am at the age where retirement is soon. Need Shiba to get to that platu within next 18 months…..0.01 or better would be great.

    • Frank Nez

      πŸš€πŸš€πŸš€πŸŒ”

  15. Thomas Hart

    We’re all gonna be very very wealthy I know it’s gonna hit a dollar I’ve been taking notes for ten years and my friends laughed at me said I was nuts, well I’m laughing now!!! Al the way to the exchange,.

    • Frank Nez

      Haha love it! $1 πŸš€

  16. Thomas Hart

    I’m in for the long run I’ve got twenty one million when there was only three digits now it’s almost at five as of this writing it hit 4971 to the moon!!!

    • Frank Nez

      Going long as well, super bullish πŸ”₯πŸš€

  17. don

    not to mention the fact that half the supply has been burned

  18. Tika

    I have $32 million SHIB! Goal is 1 Trillion! Pissed bc I was trying to buy back in March and didn’t know how missed the first wave but I’m holding on for the long run! Wealth and riches here I come!

    • Frank Nez

      Ambitious πŸ€©πŸš€

  19. Dragan

    I am holding 50M Shiba tokens…
    I started with crypto 6-7 months ago…
    I’m self learning and still have a lot to figure out…
    From 5k I made 20k…
    I am hoping that Shiba will reach 0.1$ that would be like hitting jackpot on lottery ticket…
    If that ever happen I’m going to early retirement…
    Wish you all good luck..

    • Frank Nez

      Hell yeah. $0.01 is going to change lives

  20. David T Raimundo

    Man, .01 that’s like a $3T MC. The entire industry is only at $2.8T good luck!

    • Frank Nez

      A lot can happen in a decade. Bitcoin and Ethereum have proved that ☝ #SHIBARMY

  21. Kelsey

    I have 2 million only but investing more . Gonna ride this out

    • Frank Nez

      I’m going long term too! πŸš€

      • Robert Evans

        I am currently holding 220 million coin buying more for the long-term

  22. Davide Polacci

    Comprati 350 milioni a 0,0000055🀩🀩🀩😜li terrò fino a 1 euro

    • Frank Nez

      πŸš€πŸš€πŸš€

  23. Hi

    As doge 0.27usdt

  24. Rob Staite

    holding 58 million tokens, adding daily , be pretty stoked at .01, pass out at $1.00
    Goal is 150 million by end of year
    Cheers

    • Frank Nez

      $1 will be amazing! πŸš€πŸš€πŸš€

  25. Paolo Ruffini

    i write from Italy. I met Shiba by chance on CoinMarketCap. I bought 100 million Shiba on February 2, 2021 and I will keep until the token touches $ 0.05 …. have a good trip everyone !!!!

    • Frank Nez

      Love it!

  26. Wilker

    I’ve been holding shib for over 6 months, none of my friends took me seriously when I told them to buy, some of them already changed their mind, I’m happy for them, happy for us all!

    • Frank Nez

      And this is before $0.01 and $1…πŸš€

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