3 Reasons to Sell Shiba Inu in 2022

Dog-inspired cryptocurrencies have grown in number and popularity. Dogecoin (CRYPTO: DOGE), launched in 2013, paved the way by becoming the first meme token. And despite its falling price the past three months, it has been a winning investment over the years. 

Created to compete with Dogecoin by adding smart-contract functionality, Shiba Inu (CRYPTO: SHIB) is another meme coin that has drawn investor interest from those who might have missed the boat on DOGE. Even after crashing 76% since reaching an all-time high in late October, Shiba Inu is still a top-20 most valuable cryptocurrency, with a $12 billion market cap. 

But I think it's in your best interest to stay away from this token. Let's take a look at three reasons why you should sell Shiba Inu in 2022. 

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Source Fool.com