Shiba INU Could Skyrocket In The Next Few Hours

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Hello my friends! Thank you for being here with me today. I’m here today because I believe Shiba INU could skyrocket in the next few hours! So make sure to stick around ’till the end. I wanna let you know that I’m not a financial advisor, but I’m just sharing my personal opinion on this topic. Remember to only invest what you can afford to lose.

So as of today June 21, 2021 at 4PM Eastern Time, we see the following numbers. The global crypto market cap is at 1.33 trillion dollars. It’s been down about 8% in the past day. It was only down 2% just a few hours ago, so the numbers have been constantly moving today alone. This means about 80 billion are coming out of the market.

China Bans Bitcoin

This also has something to do with China’s recent decision to ban Bitcoin. But regardless of what happens in China, Bitcoin will have a strong recovery soon. Bitcoin is the leader coin so far, so whatever Bitcoin does will drastically affect the crypto industry. We have Bitcoin at about 8% down as we speak. And it has been down around 18% for the past 7 days. Ethereum is the second one after Bitcoin. It has actually taken a bigger hit coming down at around 12% in the last few hours and over 20% in the past week.

Shiba INU Numbers Not As Bad

Now, if we look at Shiba, is actually up 2% as we speak and has only been down 12% in the past 7 days, so it’s not doing as bad as the other coins. So if we currently look at the charts we see a lot of red for most of the coins. But Shiba INU is showing some green. This means that is trending in the right direction in the middle of all the chaos.

Shiba’s market cap as of now is at almost 3 billion dollars. Here is a chart of how it’s looking is just today alone:

shiba inu 24 hour graph

Shiba INU – The Voyager Endorsement

Also keep in mind that we are getting about 5000 new holders each day. Shiba INU has close to 600K holders as of today. It is growing at a very high pace. But there are some great news happening as well. Shiba is now available to trade in Voyager. One of the main reasons why Shiba is getting so much popularity is because of it’s mission. It’s founder Ryoshi wants it to be a completely community driven Alt coin. It really shows real loyalty to the core values of the DeFi network.

I also wanted to mention that CNBC news had Voyager’s CEO on their network. This is giving a lot of great publicity to Shiba in addition to all the other recent news. This just happened today as we speak.

Here are other great news for Shiba INU as you can see in the picture below. It was rated as the 2nd most trending coin in Canada from June 12 to June 18 just a few days ago. This is incredible for a new Alt coin. It was even doing better than Ethereum which was trending #4:

So I really believe this is going to help Shiba so much in the hours to come. On top of that, their swap is about to come out and they are about to be added to the RobinHood app. So if you want to invest in a new Alt coin, Shiba is the way to go. But remember to only invest what you can afford to lose. Go HERE to check out more news on this topic.

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Category: Investing