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Home Explore Future Of SHIB, Dogecoin Killer? Cryptocurrency Financial Report Speculates

Future Of SHIB, Dogecoin Killer? Cryptocurrency Financial Report Speculates

Published by francis, 2021-11-06 09:04:13

Description: Cryptocurrency news source, Changellymag, projects that the value of SHIB will increase in the remaining weeks of the year. This is due in part to the recent announcement of AMC Theatres that it is considering using the token as payment. Learn more at https://changellymag.com/amc-theaters-accepting-shiba-inu-in-usa-nft-craze-in-india-amitabh-bachchan-unique-autograph

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Future Of SHIB, Dogecoin Killer? Cryptocurrency Financial Report Speculates

Created as an alternative to Dogecoin, SHIB is expected to increase in value in the next few months, according to a recent report by Changellymag. This may be due to Adam Aron, the CEO of AMC Theatres, recently asking his Twitter followers if the company should begin accepting SHIB as payment.

The announcement has helped yield a 1000% return to SHIB users in the last 30 days, offering a market capitalization of more than $35 billion at the end of October 2021.  This has made the cryptocurrency one of the 10 most traded tokens in the world, and has given it the satiric moniker of the “Dogecoin killer”.

Despite both Dogecoin and Shiba Inu being created as parodies to the decentralized market rather than serious digital products, many investors are now using the tokens as legitimate sources of payment.  Nevertheless, SHIB is slowly surpassing Dogecoin in usability and popularity.

We believe that SHIB's massive gains can also be attributed to its popularity in India. Many Bollywood stars have been seen promoting the coin as lucrative investments, and many Indians are considering using the cryptocurrency during the Diwali celebrations.

It’s not just a meme now – SHIBs are taking over the world. Such popularity, much wow.  Disclaimer: This information does not constitute investment advice or any other kind of advice.

Go to the link in the description to learn more.


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