Shiba Inu price has done well in the past few days as investors wait for the upcoming Shibarium launch.

Dogecoin is a coin that is similar to Bitcoin while Shiba Inu is an Ethereum token. It was created to be a better alternative to Dogecoin, which was having its best time as its price surged. Shiba Inu is a leading cryptocurrency that was started as a joke in 2021 during the crypto mania. Other top-performing cryptocurrencies are STEEM, LOKA, and HIVE. It has soared by over 57% from the lowest level in December 2022. The SHIB token jumped by more than 20% in the past 24 hours. Shiba Inu (SHIB/USD) price went parabolic as investors reacted to the latest developments on Shibarium launch. The developers wrote about the upcoming Shibarium launch. Shiba Inu price went parabolic on Wednesday as it reached a high of November. On the date of publication, Samuel O’Brient did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. When influencers join them, prices can soar. The rise of pupcoins has taught us about the power of digital communities. As long as people like him keep pushing for bigger plays on it, it’s quite likely that it will. Furthermore, Floki has made it clear it wants to get back in the race.īrandon King thinks that Shiba Inu prices are going to keep going up. Yesterday had some scary moments, but prices for the pack’s two biggest players are already rising. It’s been a tough week for the puppy pack, but that doesn’t mean investors should write it off just yet. We shouldn’t forget that price predictions for these meme tokens have been generally positive lately, with experts forecasting rises for both Dogecoin and Shiba Inu for the coming year. As we know, the puppy pack moves together on both good and bad days. Floki Inu (CCC: FLOKI-USD) is still down across the board, but it has done some climbing today as well. Shiba’s pupcoin predecessor Dogecoin (CCC: DOGE-USD) is also up today, rising 1.39%. This is welcome news for the digital army who stood faithfully by as the token declined, urging each other to buy the dip and not to panic. While it’s still in the red for the week, SHIB is in the green for the day, up almost 8% as of this writing. As it turns out, someone with his type of influence throwing his hat into the game may be exactly what the token needs. 29, he tweeted about Shiba again, urging investors to do exactly that.īoth of King’s tweets on SHIB have received considerable traction and positive reactions, indicating that the SHIB army is happy to have him on its side. This is also a favorite tactic of King’s. King hasn’t disclosed how much SHIB he owns, but it’s clear that he’s employing the popular technique among crypto communities of buying the dip, seizing the opportunity that can come from a crisis that sends prices plunging. Yesterday, as Shiba Inu prices plunged, he tweeted the following: Brandon King first became famous as a linebacker for the New England Patriots, but he’s also become known for his cryptocurrency investments, particularly within digital investment communities. In this case, the term player has a double meaning.

Source: Shutterstock A New King of Shiba?

Will shiba keep going up