After SHIB’s Price Surge, Twitter Calls For a $1 Hike Intensifies -Breaking
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After SHIB’s Price Surge, Twitter Calls For a $1 Hike Intensifies- SHIB is gaining momentum to achieve its bullish April.
- Many Twitter (NYSE) users responded to the 1 percent increase in price.
- Insiders tweeted that they believe SHIB won’t reach $1.
The only cryptocurrency that saw a surge in popularity despite the fall of the crypto markets worldwide was memecoin. The price of the coin has increased by 22% over the last 24 hours. The coin has yet to reach its $1 target but the community is agitated about it.
Not to be forgotten, David Gokhshtein (founder of the blockchain company Gokhshtein Media) recently stated that the Shiba Inu Coin would never reach $1. However, some speculated it could touch $0.001.
In response to Gokhshtein’s post, an insider tweeted “How could it not reach .01 or 1 dollar – when we’re burning, there’s more & more holders & utility coming?”. The insiders suggested that SHIB could be listed on Robinhood’s (NASDAQ:) stock exchange to allow for $1 increase.
How could it not reach .01 or 1 dollar – when we’re burning, there’s more & more holders & utility coming?
You are wrong & I’ll be reminding you later. We just got Robinhood, again some thought it’d never happen.
— KalAlden.X (@KalAldenX) April 13, 2022
To add, another user commented that ten years ago many people did not believe that BTC would hit $100, but the very next year, “the price exceeded $100 and even surpassed $1,000.” The insider also added that even if it takes time, SHIB will hit $1, due to its continuous adoption and innovative progress.
10 years ago many people said that they don’t believe #BTC will hit $100 but the very next year, the price exceeded $100 and even surpassed $1,000. While it may be difficult, $SHIB should reach $1. Especially with it’s continuous adoption and innovative progress.
— Cris Kimura SHIBARMY (@Cristell_Kim) April 13, 2022
These comments are from the last two days. SHIB is reported to be in its bullish period in April 2022. The coin currently trades at $0.00002651 on average, and has seen a nearly 0.7% increase in price over the last hour. The coin’s market cap stands at $14 Million.
1 week chart of SHIB/USDT (source TradingView).
SHIB reached its all time high in October 2021. It saw an average price rise of $0.000088, and it soared to 75% of the cryptocurrency market’s value. Coinmarketcap shows that the price of some cryptocurrency has risen to different degrees over the past 24 hours. These include BTC (2.56%), ETH (1.72%)), (2.61%), ADA (1.47%) and LUNA (2.48%).
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