The Analysis of Several Factors for the Upcoming Price Rise of Shiba Inu Coins
2022-04-22 16:34:55
Is the Shiba Inu coin a good investment when the price is not going up significantly?
The price of the Shiba Inu coin, which has recently opened its Metaverse, should reasonably have risen sharply, but it has not. The SHIB price has seen a 5.60% drop in price in the last seven days. Not only that, just on April 19 the Shiba Inu coin team released an official statement saying that a user was found to have drawn a million characters in the Metaverse land, which is also considered a hate symbol, and that the official has blacklisted this user's wallet address and it will no longer be able to continue to participate in all areas of Shiba Inu coin activity.
As seen on the international cryptocurrency exchange Gate.io the price of the Shiba Inu coin is currently hovering around $0.000025 with a low of $0.00002406. On one hand, the stability of the currency has improved, but on the other hand, it means that the opening and running of the Metaverse does not bring greater opportunities for upside.
Nonetheless, in addition to the current Metaverse project, perhaps these aspects of the Shiba Inu coin are favorable to its price increase.
Fidinam is one of the leaders in this field and as it expands and conducts its business, perhaps Shiba Inu Coin will become more accepted and recognized. This is also a good time to attract potential investors to buy Shiba Inu coin.
As early as last year, Porsche dealers announced that they would begin accepting cryptocurrencies BTC in partnership with BitPay. In March of last year, BitPay processed 76,583 payment transactions. Bitcoin payment transactions accounted for more than half of Porsche's transactions as of January of this year.
Not only the above reasons, but the recent price trend of Shiba Inu coins is also slowly increasing. As more and more physical dealers and online stores recognize and accept Shiba Inu coins as a payment method, it is slowly influencing the direction of the real financial market.
Will virtual currencies invade the details of people's daily lives? Future car refueling? The purchase of dress pants? A packet of chips at the supermarket? If this is the case, who will benefit the most? The investors themselves? The answer is worth pondering.
The price of the Shiba Inu coin, which has recently opened its Metaverse, should reasonably have risen sharply, but it has not. The SHIB price has seen a 5.60% drop in price in the last seven days. Not only that, just on April 19 the Shiba Inu coin team released an official statement saying that a user was found to have drawn a million characters in the Metaverse land, which is also considered a hate symbol, and that the official has blacklisted this user's wallet address and it will no longer be able to continue to participate in all areas of Shiba Inu coin activity.
As seen on the international cryptocurrency exchange Gate.io the price of the Shiba Inu coin is currently hovering around $0.000025 with a low of $0.00002406. On one hand, the stability of the currency has improved, but on the other hand, it means that the opening and running of the Metaverse does not bring greater opportunities for upside.
Nonetheless, in addition to the current Metaverse project, perhaps these aspects of the Shiba Inu coin are favorable to its price increase.
Swiss Fidinam Agrees to Shiba Inu Coin Payments
Fidinam company was founded in 1960 and based in Switzerland and operates in many regions and countries in Europe, Asia, Africa, and Australia. On April 20, the company announced on Twitter that they will accept the virtual currency Shiba Inu Coin as a payment method.Fidinam is one of the leaders in this field and as it expands and conducts its business, perhaps Shiba Inu Coin will become more accepted and recognized. This is also a good time to attract potential investors to buy Shiba Inu coin.
Porsche Dealership Accepts Shiba Inu Coins
Porsche Towson, a Baltimore-based Porsche dealership, officially announced on April 19 that it is accepting Shiba Inu coins as a payment currency.As early as last year, Porsche dealers announced that they would begin accepting cryptocurrencies BTC in partnership with BitPay. In March of last year, BitPay processed 76,583 payment transactions. Bitcoin payment transactions accounted for more than half of Porsche's transactions as of January of this year.
Parex Exchange Lists Shiba Inu Coin
Cryptocurrency exchange Parex announced on its official Twitter account on April 17 that the exchange will officially list the Shiba Inu coin. The exchange currently supports only six popular cryptocurrencies, and one of the most recent additions is the Shiba Inu coin. This means that the Shiba Inu Coin has gone from being a MEME token to a mainstream cryptocurrency recognized by most exchanges today.Not only the above reasons, but the recent price trend of Shiba Inu coins is also slowly increasing. As more and more physical dealers and online stores recognize and accept Shiba Inu coins as a payment method, it is slowly influencing the direction of the real financial market.
Will virtual currencies invade the details of people's daily lives? Future car refueling? The purchase of dress pants? A packet of chips at the supermarket? If this is the case, who will benefit the most? The investors themselves? The answer is worth pondering.
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