Shiba Inu Sets Record, Faster Than Dogecoin

[Imam Nuddin]

The price of the Shiba Inu (SHIB) crypto asset hit a record high of US$0.00000455 per coin on Sunday (24/10). The price of rival cryptocurrency Dogecoin (DOGE) has increased almost 50 percent in the last 24 hours.
Along with the price increase, sales volume also increased to 11.11 billion on the same day. Likewise with the market capitalization value which had penetrated US $ 16.21 billion.

Launching coindesk.com, the previous record price of the Shiba Inu was around US$0.000388 per coin in May 2021. The price then rose slowly over time thanks to the increasing number of purchases by investors.

Read the full CNN Indonesia article "Shiba Inu Prints a Record, Faster Than Dogecoin" here: https://www.cnnindonesia.com/ekonomi/20211025073454-92-711750/shiba-inu-print-rekor-lahan-kencang-dari -dogecoin.

[tbct_mt2]

Shiba Inu is a hype and do you feel safe if you invest in Shiba now?

If you are greedy now because you read news that people got millions of dollar from a few hundreds of dollar they invested in Shiba last year. You are trapped. How many of 2020 investors hold their Shiba till today?

Forget about their story and articles you read. You get profit or loss from your investment and Shiba is very risky at the moment. It can rise more but the risk that it can be dumped is high enough to be careful.

[danherbias07]

Oooh, more rich people are coming in for the quick buck. They don't want other investment anymore that are secured and want to risk it with Shiba.
Sounds crazy but it is.   Elon Musk seems to be doing quite well marketing it with his colleagues or just denying he is for a trend to happen.
Bought $30 worth of this token before at 4M amount and I sold it and made some profits. I am happy with my decision and never once regret it.
It may just be $30+ profit but it's part of another investment now that is growing.
I'd assume you also took your profits already, right TS?

[kryptqnick]

I don't trust either of these two. They are massively overhyped right now, so investing is very risky. But if I had to choose between Shiba and Doge, I'd choose Doge because it's an older and stronger coin that has a community behind it, as well as a gambling use case. But they shouldn't cost as much money, have such a high market capitalization. It's a bubble, and it will burst at some point. Of course, there's a chance to catch the hype train and profit from it, but there's also a high risk of losing lots of money. So perhaps sticking to other altcoins is better.

[Evgenklm]

In general, I am surprised at this, there seem to be many projects that really have a token with a certain value and implementation, but we see that meme tokens today, which inflate like bubbles, just blow up with their hype, I don't understand anything about it...

[Furious 7]

Shiba inu came when there was a trend of high supply tokens but Shiba was developed by famous people so this can allow more trust and even continue to be pumped with the same hype so don't be surprised if the increase is high in the near future, so far it is a record because market capitalism increased more sharply as investors looked at Shiba coins with large profits, this is called a lot of sudden riches.

I don't want to fall a second time maybe it's not the right one to enter when we get the advantage we can just sit back and enjoy but this process won't take long, and I just saw the shiba start to decline a bit.

[Jeger.Kiting]

The movement of Dogecoin is very slow, very different from the Shiba token and it is a trending token this year, which has a very good community and investors for the growth of Shiba Inu, but both these coins have their respective advantages so, let's wait for the surprises that will come.  give from these two coins..

[Sterbens]

There are always corrections that give us room to queue if we want to invest in Memecoin. It's quite hot right now to see a situation where Memecoin fans seem to be happy with the extraordinary increase of shiba Inu. My friend didn't want to be left behind either. Could it be that I'm the only one who's not at all interested in getting into Shiba Inu?

As long as people are complacent and not careful, the impact of massive losses will surely come, always be wary of disposal if you really don't want to miss investing in Shiba.

Sometimes something that used to make a profit, is actually the opposite.

[tyz]

Shiba Inu is a hype and do you feel safe if you invest in Shiba now?

And Doge is not hype?

You can see that many from the Wall Street Bet community have arrived in crypto space. For several months now, meme coins have been created almost daily and are extremely hyped. The best example is all the Floki coins. Flokinomics, Baby Floki Billonaire, FlokiGravity and many more, and now Shiba named coins like Shibavax, Shibance, ShibaSwap etc.

[DU18]

The movement of Dogecoin is very slow, very different from the Shiba token and it is a trending token this year, which has a very good community and investors for the growth of Shiba Inu, but both these coins have their respective advantages so, let's wait for the surprises that will come.  give from these two coins..

In the last 2 days shiba has continued to break its highest price record and even shiba has recorded an increase in the ranking on coinmaketcap and even now they are above dogecoin, now shiba inu has a strong community so it is not surprising if the price continues to increase and today I noticed when the price of shiba went up, but the price of doge went down and vice versa, I don't know what happened to the two coins but it looks like the two meme coins have competition in the market .

[ardydyon]

shiba inu shows a great record
in just a matter of days can rise to create a new ATH. This increase is extraordinary because we never thought
this increase will be carried out in a very short time. At this time the increase is still happening.
shiba in achieving its marketcap can also overtake Dogecoin which is in position 10 in coinmarketcap. this confirms the dominance of shiba over doge
among the existing coin memes.
This increase is inseparable from the increase in ETH which resulted in all coins on the ETH network including Shiba being affected by the increase. However
shiba increased the most among the other kpins.
I think this shiba will continue to be a meme coin that big whales will continue to pump.
maybe more and more people will invest in this coin.

[Coyster]

Quite a lot of investors have been mentioning Shiba Inu in the last couple of months, thus I think it's the hype that has taken its price this high, but mind you that you should not expect it to stay that way for too long, and the right thing to do would be to take profits from it now that it is has pumped, cause sooner or later the price is bound to dump. I really do not understand the reason for the comparison with Dogecoin, but if I actually did have any of both coins I'll treat them the same way, as a pump and dump coin and I wouldn't fail to take ROI whenever I can cause they are basically short term projects.

[rhomelmabini]

More like sell the news later on scenario. I wonder how many will get burned this time considering the FOMO just begun. These are just hyped coins, though it rises on market cap doesn't mean they won't go down, more people should be taking profits in this level now, I may be wrong but 7x from the lows should be enough to get on with it.

[Cling18]

Lucky are those who have been holding it for a long time but I guess it's risky to enter it during this time because, to be honest, it was just influenced by too much hype and since it was doesn't have a long term function, I don't think it would remain its current price for a long period. I would still prefer good coins with good purpose.

[Betaj00]

The price of the Shiba Inu (SHIB) crypto asset hit a record high of US$0.00000455 per coin on Sunday (24/10). The price of rival cryptocurrency Dogecoin (DOGE) has increased almost 50 percent in the last 24 hours.
Along with the price increase, sales volume also increased to 11.11 billion on the same day. Likewise with the market capitalization value which had penetrated US $ 16.21 billion.

Launching coindesk.com, the previous record price of the Shiba Inu was around US$0.000388 per coin in May 2021. The price then rose slowly over time thanks to the increasing number of purchases by investors.

Shiba Inu is very popular memecoin of this time, and Shiba already crossed 0.00008 usd and today It's price gone from 0.00008 to 0.000058 but now It's price Again is 0.0000077+ usdt.  
  

[avikz]

I am sure Shiba Inu will also break the record while disappearing! You need to understand that Shiba Inu is a speculation game. While it's around, trade and make money but don't look back. It simply doesn't have the attributes that is needed to survive in the competitive world. It's just ongoing due to the support from Elon Musk and to certain extent, Vitalik. I don't see any future seriously.

If you are thinking for long term, invest in ETH rather!

[ivankoh]

Honestly, Shiba and Doge ignited an impressive rally with bullish odds today.  It is serving as a timely stimulant for altcoins during a market correction.  Shiba continues to have ATH but I definitely can't participate in this lottery.  Lol
There are no visual moves on the development going on other than the rumors listed on Robinhood except for extreme pump necks.

[marine4u]

Shiba is creating a more lively space during this bullrun.  (Doge in block 1) and Shiba back to that advantage when there is a very strong community mentality under the influence of big whales.  A real meme war is underway, helping to stabilize market sentiment after bitcoin's sharp drop.  A real manipulative force taking over the massive trading volume of both Doge and Shiba, Elon's self-esteem and narcissism?  Lol

[Yaunfitda]

I also hope that they are going to cover when Shiba goes down hard or becoming obsolete overtime because there's no real use case of this coin. At least Doge though has been in the market for many years and it's even an alternative for gamblers to used because it is fast.

Not sure if Shiba will be introduce by some crypto sport bookies. In any case, this is simply a hype project and smart investors knows that. That's why they've invested probably, but gets out when there is the first sign that it will be dump hard.

[izsara]

the hype has become over now.
the increase is big enough and now be careful with your money don't let the events of 2020 happen again
for now it is true that shiba has become one of the hype coins that are quite popular.
regardless of the risk that is quite large, it returns to the thoughts of everyone who is in it. and I think as long as you can take advantage there, why not.
which must have gone up drastically now and I think it's time to make shiba back to where it came from.