Shiba Inu Price Prediction – Can This New Meme Token Overtake SHIB and DOGE?

The Shiba Inu fee prediction is still combined because the coin has shaped a symmetrical triangle pattern, indicating investor indecision. Even though Shiba Inu (SHIB) was one of the worst hit cryptocurrencies during the current market crash, the token has made a respectable comeback over the last week.

According to data from CoinMarketCap, Shiba Inu's fee expanded by 2.15% within the past week, making it one of the top 20 performing cryptocurrencies.

This boom in cost amounted to nearly $250 million, pushing the live marketplace cap to $6.2 billion. When looking at the token assessment, the on-chain metrics that provide a huge picture of the profit made with Shiba Inu show that 26% of SHIB holders are worthwhile at the prevailing fee, at the same time as sixty-nine% are dropping cash, and only 5% are breaking even.

Shiba Inu Shiba Eternity Game Card 

The respectable Shiba Inu Twitter account has been teasing the advent of a collectible card sport that it claims is the hardest ever created. It has been announced that the incredibly awaited online game challenge, titled "Shiba Eternity," may be launched on October 6 all around the world.

Developers introduced the sport's release date on September 23 at a Twitter Spaces event. "Download Day" has been officially postponed from its unique October 1 launch date.

The game was tested in Vietnam and Australia before its release date, quickly becoming popular in both countries. Furthermore, the game's primary creator, Shytoshi Kusama, stated that he has been playing it for quite some time and is excited to see it go public.

Meme currencies have long been chastised for offering customers little more than a countless supply of tokens. Shiba Inu's aim is to solve this. If Shiba Eternity is a fulfillment, the GameFi utility may want to notably impact SHIB/USD, which has already risen considerably.

SHIB is being burned.

The SHIB team is involved in several network-associated projects. Shibarium, so one can be launched soon, and Shiba Eternity, a video game, is one of them.

Shiba Inu burning turned into one of the efforts to create shortages, and the burn initiative seeks to eliminate SHIB from circulation through directing it to inactive wallets.

In a recent tweet on October 4, Shibburn highlighted the three primary methods by which the platform burns SHIB. The Shibburn website is the first method. The 2nd method is Shibburn Radio.

Third, users pay to sign up for Twitter Super through Twitter Super Followers and use the money to assist Twitter Super burn greater SHIB. This burning process will increase demand at the same time as it will increase the SHIB/USD rate.

Shiba Inu Price and Tokenomics 

The modern-day Shiba Inu rate is $0.000011, and the 24-hour trading volume is $278059395. Shiba Inu has been reduced by 0.991% in the last 24 hours.

CoinMarketCap presently ranks 14th, with a market cap of $6,247,761,seven hundred dollars. The circulating supply is 549,063,278,876,302 SHIB cash; the maximum delivery is unknown.

Shiba Inu has located immediate aid at $0.00001119, which is sponsored by the 50-day shifting average. A bearish crossover below the 50 MA will almost certainly send SHIB to $0.00001093, the next level of support.

Increased promoting pressure could push SHIB below the $0.001093 triple backside support level and into the $0.00001051 range.

Given the coolest fundamentals, Shiba Inu has the potential to trade bullish. As a result, the odds of a bullish trend continuation continue to be high above $zero.0000111. The primary resistance level is near $0.001; a ruin above this degree may take SHIB to $0.00001195.

Can This New Meme Token Overtake SHIB and DOGE? 

Tamadoge, the brand new meme token, is still in the spotlight, having gained almost 400% from its all-time low of $0.01683. There aren't any definitive solutions as to how well-known meme cash Dogecoin (DOGE) and Shiba Inu (SHIB) will fare in the upcoming bull run or whether Tamadoge (TAMA) will be able to overtake those two cash.

Tamadoge, alternatively, is honestly a good choice, with large profits and all the attention.

Investors' interest has been piqued by Tamadoge's listing on the LBANK and MEXC exchanges on October five. The Tamadoge crew is not done yet; they've just announced the upcoming list details.

CEX Listing Announcement

TAMA will be listed on October 6th at 1:00 p.m. BST. 

Coinsbit will list TAMA on October 7th at 1:00 p.m. BST.