Thinking About Buying Shiba Inu? Buy Fiverr Instead.
The Shiba Inu (CRYPTO: SHIB) cryptocurrency had investors dreaming of instant riches last year. The digital coin rose tenfold in October, mostly thanks to a series of bullish tweets from Tesla CEO Elon Musk. At the peak of that hype cycle, the sky seemed to be the limit.
But the blaze of publicity has been fading since November. Shiba Inu's price has fallen 88% below October's zenith. Some investors may be thinking about this token as a turnaround story in the making, hoping that coins bought at these ultra-low prices will rise from the ashes to even greater heights, phoenix-like.
Unfortunately, that's not likely to happen. Shiba Inu has had its moment in the spotlight and it's time to look for the next massive multibagger instead. This time, let's pick a name that can grow your investment many times over and looks capable of holding on to those gains in the long run. I would suggest a closer look at freelance services specialist Fiverr International (NYSE: FVRR).
Source Fool.com