2 Reasons to Sell Shiba Inu Before It's Too Late
After a rough start to the year, the cryptocurrency market is beginning to show signs of life, jumping 10% to $2.1 trillion in the last 30 days. But not all cryptos are created equal. Let's explore the why the iconic meme token Shiba Inu (CRYPTO: SHIB) may underperform over the long term.
Shiba Inu's epic rally started in early October 2021, after Tesla's CEO Elon Musk tweeted about his recently adopted Shiba Inu puppy. At its all-time high of $0.00008845, the token had soared more than 100 million percent above its all-time low two years prior. Those are some pretty breathtaking returns. But with no fundamental support, they simply couldn't last.
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Source Fool.com
