Shiba Inu could be the next ‘Crypto Gold’! Goodbye Bitcoin – Analytics Insight

The most prestigious status of ‘crypto gold’ can be snatched away by Shiba Inu from Bitcoin.

Although Bitcoin and Ethereum account for a sizable portion of this nominal increase in crypto market value over the past two years, its highfliers like Shiba Inu ( SHIB 0.12% ) have really drawn retail interest into the digital currency arena. This brings in the question of whether Shiba Inu can be the next ‘Crypto Gold’.

The Rise of Shiba Inu

In a typical year, the top-performing publicly listed stock that isn’t a microcap is probably going to gain 2,000%, or perhaps a bit more. Last year, Shiba Inu delivered what may go down as the single greatest one-year gain we’ll ever see from an investable asset. The self-proclaimed ‘Dogecoin-killer’ has proven itself to be of much more importance, despite harsh criticism and negative investor analysis. The Shiba Inu coin produced massive profits in 2021 and astonished the crypto market with skyrocketing profits. The most obvious reason SHIB was…

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