Shiba Inu Coin Beat The Whole Crypto Market Coins
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đź”´Youtube Recommended Videos================================
1. Shiba Inu Coin Price Prediction: https://youtu.be/iN9fDy8SA2U
2. Shiba Inu Burn Plan: https://youtu.be/A69jGmOgr1Y
3. Robert Kiyosaki on Shiba Inu: https://youtu.be/cAWjiJxaP9o
Shiba Inu has been soaring and outperforming its top competitors and the coming burn event on Valentine’s Day is a major reason why. SHIB is the 13th largest crypto and it’s market value is sitting around $18 billion.
Following right behind is its rival Dogecoin that is worth nearly $20 million. Even though SHIB has outperformed DOGE in 2022 thus far we’ve seen a rise with both coins. February in particular saw a quick recovery for the two and they have risen over 38%.
This resulted in SHIB gaining over 50% against United States Dollars over Dogecoins 11% as we have seen in recent charts. Majority of the gains SHIB received this year were on the 6th and 7th of February.
The price of SHIB rose by nearly 41% which led to optimistic updates in the Shiba market as opposed to DOGE’s 12.5% gain.
As for Ethereum it could not surprise their investors with a growth of 50% but it has still been active enough in the trading week with a 20% increase. The 20% increase followed after the 30% they took mid January.
Alternative coins have mimicked BTC’s performance to an extent as of lately. Most have corrected, but turned green today. Ethereum went below $3,100 but with a 3.5% increase it drove it back up to $3,200. Binance coin, terra, MATIC, solana, and Dogecoin are a few who have shown more modest increases.
Shiba and CryptoCom’s tokens are among the most significant gainers now. The two are up around 5% and SHIB stands at $0.000033 and CRO is trading over $0.5.
As far as Shiba Inu traders of the token recovered all of their losses within the last 30 days. The token is trading at the same levels it did on January 3rd at $0.000032. The token’s profit has increased from 30% to around 50%.
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