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2 Reasons Shiba Inu Could Crash

TheMotleyFool

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If you put $100 in Shiba Inu (CRYPTO: SHIB) when it launched in August 2020, you are likely a millionaire now. And if you bet $10,000, you are now one of the wealthiest people on earth (assuming you could cash out without tanking the price). Up roughly 60,000,000% since inception, Shiba Inu's rally defies imagination, and it is sure to trigger regret and fear of missing out (FOMO) in those who missed the bull run.

But investors shouldn't let emotions cloud their judgment by rushing into a high-risk investment. Shiba Inu has all the hallmarks of a speculative bubble, which means it could fall as quickly as it rose. Let's explore the reasons why this meme crypto token could crash.

Image source: Getty Images.

Source Fool.com

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