I like to talk about all aspects of cryptocurrency and work on developing my own project. Before investing in any cryptocurrency, do your own research first. Never invest more than you can spend on your favorite hobby or maybe a pair of beach sandals if you don't have the money for it. You'll probably enjoy it more than watching the crypto markets sway in the waves of speculation and volatility.

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So now let's talk about the Shiba Inu. As you may or may not know, the Shiba Inu meme token is trending on the internet and even mentioned in some mainstream media sources. This is very interesting because the lifespan of meme coins is historically quite short.

Meme tokens usually don't have enough power in their projects and can't withstand the pressure of government regulation, so they fail. The Shiba Inu seems to continue to defy the odds against its failure by making its way into the hearts and minds of the general public.

Coin Shiba dog has recently been gaining ground and trading like the Big Boys like bitcoin and ethereum. Looking at the charts, it seems that Shiba is not only trailing Bitcoin and Ethereum, but even leading at times.

Did I invest in a Shiba Inu? Hell yeah! . I first invested in the Shiba meme token because I like the idea of ​​investing in underdogs. At the beginning I thought Shiba Inu didn't have much chance to do anything substantial in the crypto space, but as time went on the project looked more promising.

But I will say this... When I first discovered the Shiba Inu project, I was confused as hell with all the different offerings they were coming up with. I kept wondering what the project whitepaper was even talking about with terms like DIG, Woof, Bury, Fetch and Bone. Of course, all of these terms are associated with the domesticated dog, but give me a break. I thought this project was all over the map. But deep down there was some substance to the information I was reading. Shiba actually had a somewhat solid foundation.

For many tokens

Project Shiba had a lot of tokens in its overall supply to ever become something that could be used in the real world. The Shiba Inu project had a total token supply of an unrealistic amount of more numbers and dashes than I wanted to put into this article.

I thought the Shiba project could never burn enough chips to be useful in the real world. I don't think so today because the Shiba project is looking for ways to burn tokens at a very reasonable rate. Defying the odds again, in my opinion. This crazy little Japanese dog token continues to win me over even as my team and I get closer to launching my own token project.

One of the big takeaways for me about the Shiba project was the sense of strong community. The SHIB army stood by their little dog tag meme through and through and continue to do so to this day. I can only hope to have an army like the SHIB army behind my crypto token project to succeed.

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Today, the Shiba Inu not only has the support of the SHIB Army, but it looks like some big investors are getting in on the action. When big names like BlackRock are thrown into the Shiba investment conversation, everyone should start paying attention.

Personally, I'm not a fan of the monstrous BlackRock for two reasons worth mentioning, but they're in the Shiba conversation, and that's saying something. Whales like BlackRock, with trillions of assets under management, can elevate a nothing project to high visibility and status in an instant. Heck, mere rumors of such a thing can increase market values ​​incredibly in 24 hours, which is what happened recently when Shiba Inu rose over 30% in 24 hours.

Is the Shiba Inu another wealth transfer opportunity?

To answer that question... It is very possible that the Shiba Inu is in the perfect place to be a vehicle for the savvy and even not so savvy investor to improve their lives through Shiba Inu investing.

Some may say it's too early to know if the Shiba Inu will be the next big thing in the crypto space, but I say it already is. Today, the Shiba Token is comfortably hovering around a market cap of $0.0000132. Shib will reach a penny market value in what is likely to be a few years, but isn't that what Wealth Transfer, The Long Game is all about? Of course it is... If you are thinking of investing in a Shiba Inu as a long-term investment, the opportunity is definitely promising.

The token is slowly but surely moving from its meme status to some real world use cases and has market value for virtually anyone to make a small investment.

Today's Shiba Inu market value would allow just a few dollars to become thousands or even millions if the token reaches $0.01. Barring token government intervention, which is always a possibility, I think the Shiba Inu will make the cut.

I think Shiba is a good opportunity for anyone looking to break into the crypto investment space without the huge investment concerns that come with it. The Shiba Inu even comes with its own credit card that burns tokens with every purchase.

If you don't understand the importance of chip burning, here's a quick lesson. By burning crypto tokens, the total supply is reduced, which intern increases the value of the currency due to scarcity. The fewer tokens in circulation, the more the value of the token increases. This is why bitcoin is likely to be in the $1,000,000 range in the future. From now on, Bitcoin has a set total supply that can never change and never grows, meaning it's locked in forever.

Photo by Kanchanara on Unsplash

Back to the Shiba Inu as a potentially solid investment. I don't have any skin in the game when it comes to the Shiba Inu project. I'm just an investor in the Shiba Inu crypto project like anyone else. However, I love seeing people break out of poverty into what looks more like wealth to them.

Shiba Inu, in my opinion, has good potential for a person who can be patient and has developed a solid mindset in crypto investing. I like where the Shiba Inu is today, and I really like what I see for the future of the former meme token. As the Shiba Inu moves forward to discover better uses for people's daily lives, the market value of the token will increase. Who knows, maybe one day the Shiba Inu will be worth a whole dollar and people will call him a cryptocurrency giant. Maybe one day Shiba Inu tokens will be used by people for everyday shopping. Maybe I'm looking a little far into the future and speculating a little high, but it's still fun to think about the Shiba Inu project this way.