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◇What is SHIB Coin?
Shibainu (SHIB) coin is another form of cryptocurrency similar to Dogecoin, which uses the Shibainu dog as a mascot.
According to Benzinga, the recent SHIB was worth about $0.00003212. Binance, which lists cryptocurrencies in its app, rated SHIB as an “experiment for building a decentralized community,” and defined it as a meme coin similar to Dogecoin.
◇SHIB coin prediction opinion
InvestorPlace recently announced about the SHIB coin that “the price prediction is heating up due to the huge rise.”
According to predictions collected by Investorplace, Wallet Investor is not a good long-term investment in SHIB Coin. Wallet Investor predicts that the SHIB coin price will drop from $0.000029 to $0.000016 by 2022.
On the other hand, DigitalCoinPrice predicts that it will surge to $0.000044 by the end of 2021, and Gov Capital predicts that SHIB Coin will drop significantly to $0.000006.
“In any case, the popular theory seems to be a drop in price,” Investerplace said.
Binance said about the SHIB Coin investment, “be sure to do enough risk management, do your own research on the basics of SHIB, and make sure you fully understand the project before trading tokens.”