SHIB coin: The Shiba Inu coin could soar again. Are you investing

According to experts at, the Shiba Inu coin could head for one fell swoop by the end of the week FX street.

What are current predictions for Shib coins?

Per FX street, Shiba Inu Coin is said to be valued at $ 0.00001. It will likely hit $ 0.0000093 first after already hitting $ 0.0000085.

• In context, a single Shib coin was worth $ 0.00000664 in mid-June, as I told Deseret News.

Why has the Shib coin soared?

Shib Inu coin market increased by 25% after SpaceX founder Elon Musk tweeted about his dog, said, “My Shiba Inu will be called Floki,” as I wrote for Deseret News.

Should you hold back with Shib coins?

But there might be a reason to hold back with the Shiba Inu coin right now – the cryptocurrency is, according to a report from. overall decline GoBankingRates.com (above Yahoo Finance).

• “Crypto is generally in a slump right now, especially with Ethereum-based tokens like Shiba Inu and Dogecoin,” the report said.

If the trend changes and the cryptocurrency rises again, then “Shiba Inu will be lifted by the tide,” according to the report from report GoBankingRates.com.

• Some experts might say the Shiba Inu coin could see a surge in price. “But it’s just as easy to find experts who predict that the coin of the moment will soon be thrown on the trash heap of crypto history along with the rest of the fallen altcoins,” per GoBankingRates.com.