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3 reasons why Shiba Inu won't go away in 2022 either


 

The Shiba Inu Coin was one of the big surprises of 2021. The fun coin experienced massive hype and an extreme rise into the top 10 cryptocurrencies by market capitalization. We name 3 reasons why the Shiba Inu Coin should not go away in 2022 either. 

Shiba Inu 2022 - 1st Dogecoin as a role model

If we ask ourselves whether a meme coin can be successful in the long term, we just have to look at the "big brother" Dogecoin. This meme coin experienced its great ascent in 2017. During the massive bull market at the end of the year, the fun currency gained tremendously in value for the first time. 

Dogecoin lost value again in 2018, but was able to stay in the top 30 crypto currencies. Many observers who believed that Dogecoin should remain a short-term phenomenon have been taught better. The Shiba Inu Coin has a prominent role model here for the year 2022.

2. Bullish months could follow

It's no secret that meme coins gain massively in value, especially in bullish weeks. However, they also lose a lot in bear markets. So far, the Shiba Inu Coin has held up very well in the final weeks of 2021 and early 2022, although the market has been very bearish.

In 2022, however, the market appears to remain largely bullish. Historically, we have not seen the great parabolic slope of the Bitcoin rate and later the Altcoin rate. It is very likely that the 4-year Bitcoin cycle has lengthened. This should benefit Shiba Inu in 2022.

Shiba Inu 2022 - 3. Real benefits

A few years ago, meme coins were considered pure fun currencies with no specific use. This has now changed. Many meme coins have large ecosystems and can fulfill different functions - from a means of payment to the basis of dApps. The Shiba Inu joins this list in 2022.

Shiba Inu has its own ecosystem, which has 3 tokens of its own: Shiba Inu (SHIB), Leash (LEASH), and Bone (BONE). Shiba Inu also supports smart contracts, can be stacked and users can generate income with it passively. The Shiba Inu should therefore also remain relevant in 2022. 

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