Shiba inu had a big 2021, will it continue in 2022 too?

Shiba inu had a big 2021, will it continue in 2022 too?

Shiba inu had a big 2021

Shiba inu is a decentralized cryptocurrency, developed by an unidentified individual named "Ryoshi" in August 2020, and was created to mock dogecoin. However, this meme-based cryptocurrency has become the most popular currency as bitcoin, ethereum and dogecoin this year.

Indeed, 2021 was a big year for Shiba Inu. In April, it began growth that peaked from $ 0.000002 to $ 0.00008 in just a few months. It was a significant rally. It now has a market capitalization of $ 22.7 billion, just below dogecoin's of $ 24 billion. Elon Musk supports dogecoin, so the rally of these “internet jokes” are also attributed to him. Both of these coins are backed by a large community.

The growth of these coins depends on the hype of the market, so it is difficult to predict the price accurately. It generated hype in 2021; will the hype continue in 2022? Market experts think the bull run will continue for the next two years. It will also reach its all-time high in the first quarter of 2022 and continue its journey from there.

if (jQuery ("# ​​crm_srl-th_altra_d_mh2_1"). Is (": visible")) {console.log ("Edinet ADV adding zone: tag crm_srl-th_altra_d_mh2_1 slot id: th_altra_d_mh2"); } It is difficult to suggest short and long term forecasts for this currency. Indeed, investors expect this coin to be included in the top 10 of cryptocurrencies. If you like meme coins like dogecoin and shiba inu then you can invest for the long term, but keep in mind that prices are very volatile and will therefore need to be monitored closely.