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3 Reasons to Buy Shiba Inu

TheMotleyFool

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One of the meme tokens that has absolutely taken off lately, Shiba Inu (CRYPTO: SHIB), has seen some biblical growth this year. Indeed, SHIB has more than doubled over the past month and has been a 6-bagger over the past three months.

This sort of outsized interest in a given cryptocurrency is not uncommon. Various parabolic moves in a wide range of cryptocurrencies in recent years have been noted. However, Shiba Inu's rise to prominence in such a short amount of time is among the most impressive.

This token started trading in August of last year, at $0.0000000005 (that's nine zeros). Currently, investors can pick up SHIB tokens for around $0.00005 at the time of writing (only four zeros).

Source Fool.com

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