Shiba Inu (CRYPTO: SHIB) was one of last year's top meme tokens. Its community, the Shib Army, rallied behind the cryptocurrency. And many investors hopped on the bandwagon and bought Shiba Inu with the hope that gains would multiply. At first, they did. Shiba Inu soared as much as 109,000,000% to a high in October. Today, though, it's down about 60% from that point.
If you bought this hot crypto player, you may be wondering what to do at this point. Of course, there's always the possibility that Shiba Inu's gains will continue. But I'm not too optimistic. In fact, there are three good reasons to sell Shiba Inu right now.
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Source Fool.com