“Should You Buy Shiba Inu While It’s Still Below One Cent?”

“Even though the Shiba Inu (CRYPTO: SHIB) token is down roughly 88% from its all-time high, the cryptocurrency is still up massively. The popular meme coin gained 18,600,000% from its low shortly after its launch in 2020.

With Shiba Inu currently trading at roughly $0.00001 per token, the coin could reach a price of $0.01 per token if it were to rise 99,000%. If the cryptocurrency were to deliver that kind of performance, investors who purchased $1,000 worth of the token would see their position grow to be worth more than $990,000. But could Shiba Inu really hit a price of $0.01 per token?…”

https://finance.yahoo.com/news/buy-shiba-inu-while-still-111500151.html

I’m invested in Shiba Inu. What I think should happen is the coin needs to be used more for business transactions. If a company like Amazon for example were to accept it as a form of payment that would greatly boost the value of the coin. The Shiba Inu community focuses a lot on burning coins but I think burning coins should be secondary. In my opinion they should focus more on convincing businesses to accept Shiba Inu as a form of payment.