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Should You Buy Shiba Inu While It's Below One Cent?


Touted as the Dogecoin killer and riding the waves of the meme coin frenzy, Shiba Inu (CRYPTO: SHIB) is up an astounding 600,000% since its inception in 2020. Yet, over the last year, things have been less than ideal.

While the rest of the cryptocurrency market has rebounded from a brutal crypto winter, Shiba Inu finds itself down around 4% year to date (YTD). But does this mean it's an ideal opportunity to grab one of crypto's darling meme coins? Or should it be taken as a warning to avoid?

Image source: Getty Images.

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Source Fool.com

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