Can really SHIB INU be the "doge killer"?

in #shib3 years ago (edited)

We saw Dogecoin hit the mark of 0.8$, close to 1$, due to the influence of Elon Musk and also the fact that it is a "meme". Needless to say, after this phenomenon, thousands of other coins were created based on the image of Doge, such as $Elon or $Doggy. But in the middle of this, there is a coin named SHIB INU. Reference to the dog that received the name "doge", SHIB UNI is considered to be the doge killer. It was created on the ETH network and has great potential to move forward, in a short term. Maybe by the end of the year, we will see some massive moves in this token. Important to say, that 50% of the supply will be burned, to the price to go up

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Image from this article: https://decrypt.co/70587/shiba-inu-shib-what-why-price-dogecoin

Can it reach the 0.01$ mark? Or even the 1$ price?

Well... we don't know. If we predict the affluence to this token similar to DogeCoin, we can expect at least the 0.01$, although it is not possible to say it. Everything will depend on the way the market goes on. There is so much speculation right now, that even a "sh#tcoin" like DogeCoin reached almost the 1$ price tag
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Is SHIBA UNI the dogecoin killer?

Again. Everything will depend on the market. Depends if whether or not the people will add to this token to find a way to earn a similar amount of money that received due to the dogecoin. It's super high risky, we have to put in mind that the percentage to lose money in this situation is probably 85%, and I don't recommend anyone to make big investments in these tokens, because they don't have utility in the network, they are just a "meme" and for some people, a way to earn money in the short term.

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