Shibaswap Announced Shiba Inu Coin Will Skyrocket To $0.1 After this!!
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The past few weeks have been one hell of a ride for the crypto world, especially for the altcoins in the market. Dog-themed meme coins are the ones enjoying the most activity right now, with a lot of them riding on the recent hype caused by increased market demand brought in by Elon Musk’s recent tweet.
Leading this charge up the hills is none other than the beloved Shiba Inu Coin, which now sits comfortably in the Rank #20 position in the trending coins in CoinMarketCap. Earlier this month, Shiba Inu Coin saw a sudden spike in price and trading volume thanks to a tweet made by Tesla and SpaceX CEO, Elon Musk.
With the pace that the coin is going right now, it’s not a reach to assume that the Shiba Inu Coin will reach its one cent milestone really soon, especially with recent announcements from its own coin exchange, Shibaswap, that it will get that milestone in the bag.
Recent events have served as a considerable gust of wind under the wings of this beloved crypto token. On October 4, Musk posted a picture of his adorable little dog, Floki, a fluffy little shiba inu pup, basking in the sun inside a Tesla. With his following, the tweet notably gaied a lot of traction within a couple alone, and eventually, alongside this tweet, the #SHIB also saw itself rise up Twitter’s top 10 trending topics as more and more people attached the shiba inu puppy with the Shiba Inu Coin.
With this sudden spike in social media mentions, the beloved Shiba Inu Coin once again resurfaced in the crypto market as something investors should keep an eye out for. It’s very important to note just how vital these mentions are, considering how social media presence can be considered as a significant indicator of market feel for crypto tokens. These past few days alone have been a very clear reminder of that.
Currently, the trading volume for Shiba Inu Coin as of October 9 stands at 11.9 billion USD, with 1.2 million people watching the coin’s upward trajectory closely, about five days since the tweet. This is a huge jump to where it was from last week before the tweet and before the fans and investors rode along the hype and boosted the coin’s reputation online, encouraging more and more people to invest and trade the coin in its various listings across the web.

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