People think that the Shiba Inu price will be close to $1 by 2025. Is it true? Everything we know in this blog.
Shiba Inu Price: Within the last two months, it has given a profit of about 300 percent to its investors. This meme is based on the Ethereum coin, it is so trending that people want to invest more and more in it. People are thinking like this because of this coin. We may become millionaires in the future but wait, what you are thinking is a fantasy. Even if Shiba Inu reaches close to $0.1, its market cap will still be around Rs 100 trillion, which is not that much money in the entire crypto market. At present there is only about Rs 99 trillion money in the entire crypto market.
You can become a millionaire by investing money. If you want to invest more amount than this then it is possible but it is a big loss/gift of coins. Till now this coin is performing very well not only in the eyes of the people but also on the coin.
Meme coins cannot be trusted in any way. The all-time high in 2021 reached nearly $0.00008854, but when the market crashed, its price dropped to nearly $0.004, causing huge losses to investors who were new to the market. People who were experienced knew very well how coins move and they invested their money wisely.
Because there can be no assurance of when the meme coin will go up or down if you invest in Shiba Inu. You should invest only that amount which you are not afraid of losing.
Do not invest more than $100 in such coins. If you are not able to understand this market then in the beginning if you completely know how crypto works and how meme coins work you can invest more money because you can do good business. , but who does not know that such a coin can cause huge losses, that is why new investors invest money in this coin only then. When they will have complete information about this coin.
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Shiba Inu price
At the time of writing, the price of Shiba Inu is $0.00003078 within the last 24 hours. Its price has fallen by about 58 percent from its all-time high. At this time, after touching the all-time high of Bitcoin, due to a slight correction in the market, Bitcoin has also fallen by 2%. If we talk about the last week, Shiba Inu has shown a growth of 221% in the week so far, so this coin has given a growth of 300% to investors in about a month.
its trading volume is seeing an increase of about 136% but currently, its market cap is seeing a decline of 7%. It currently has a market capitalization of $18,012,289,363 and is currently ranked 10th in the market by market capitalization
If we talk about the meme coin of this time, there is a huge decline in the price of this meme coin in the market. At present, the biggest decline is being seen in Floki Inu. At present, a decline of 30 percent is being seen in the Floki Inu coin within about 24 hours. And after that, a decline of about 28 percent is seen in the price of Bunk Coin. All these coins are continuously falling and due to the correction of Bitcoin, all these coins seem to be going downwards. At present, a decline of about 4 percent has been seen in Bitcoin.
At this time the meme coin has dimmed and turned into a red candle. This time is also considered a good time to buy meme coins, but sometimes due to high collection in the market, you fear loss. But this is also considered a better time. If Bitcoin crosses $70000 in the bull season then if we buy the coin in the fall it is profitable for us but it is unnecessary to invest as much of your capital in the coin as you have. Invest only 5% of it
Meme coin down trade with Shiba Inu
Since a week ago, all the meme coins were so trending that around 400 to 800% profit was being seen in their prices. People made a profit of about 800% from Pepe in Meme Coin and about 600% profit from Fluky Inu. And if we talk about the bonk coin, then investors got almost 400% profit from that coin in just one week, and at this time, as soon as the correction of Bitcoin took place, all the coins started falling downwards and meme coins were falling the most.
Did you know that meme coins are dependent on Bitcoin? As the price of Bitcoin increases, meme coins start showing their trend. After giving so much profit to people, as soon as the price of Bitcoin started falling, all the coins started falling downwards and at this time Meme Coin has fallen by more than 20%, so you should invest only that much money.
You should invest only 5% of your money in meme coins. One should not invest the entire money in meme coins. Due to this, there is fear of financial loss. You can lose your money due to such coins as there is no predicting when such coins will go down, so trade carefully.
This week’s most profitable meme coin be
The most profitable meme coin of this week was Pepe Coin, which gave investors many times more profit than Shiba Inu. Even though its price is currently lower than Shiba Inu, its gain shows that it was traded more than Shiba Inu this week. Its price in the market is around $0.000006517 but if we talk about the last 24 hours, its price has fallen by 10%.
If we talk weekly, it has given a special profit of 172% to its investors in one week. All coins have performed well this week. If we look at the monthly chart, this coin has given a profit of about 700 percent to its investors, so this week has been the most special currently the market cap of Pep Coin is about 2.75 billion dollars and its market cap declined by about 12%. Is.
How to buy Meme Coin
If you want to buy a Meme coin, then first of all you will need an exchange which you will have to download from the Play Store, only after that you can buy any Meme coin. Let’s talk about all these processes. How do you create your account?
1. Choose a Crypto Exchange Platform
If you want to buy a coin with a meme, then first of all you should know about the coin with a meme. There is a lot of risk in this. There is a high risk of losing your money on this coin. Sometimes it also proves to be a turning point for people. But you should also get correct information about the coin, only then you will invest money in it.
Let us now tell you about the exchange, how you will download the exchange, and which exchange will be right for you. Well, let’s say there are two types of exchanges, one decentralized and one centralized. In a centralized exchange, you follow all the policies according to your country.
Centralization will be considered better for you and decentralized exchange has all the features but it will not be that much better for you. If you are a new user then you should choose centralized exchange only. So that you will soon become familiar with its interface and you will soon know how to operate it.If you create an account on Binance Exchange, Coinbase Exchange, Ku Coin Exchange, etc.
3. Create an Account
Before creating an account, you have to go to the Play Store and download Exchange. After downloading you will have to enter your Gmail ID and mobile number. Now after some time, you will receive an OTP, which will have to be entered, the mobile number will be verified, now you can get acquainted and understand its interface.
4. Verify Identity
Now you have to verify KYC to deposit money, with that you can deposit money, to verify KYC, you must have an Aadhar Card, PAN Card, and Self Identification, after your account, completely It will be done, you can invest the money.
5. Deposit Money And Buy
If you have verified KYC then you can now deposit money. You have to choose a medium to deposit money you can directly deposit money through a bank or credit card, debit card, or P2P, then into your account. After some time you will get the money and enter the amount of coin you want to buy, after that, that amount of coin will be credited to your account.
Disclaimer
Whatever we have discussed above about Meme Coin, we have collected information from many websites and shared it with you. If you invest in any coin and you suffer any loss in it, then this website will not be responsible because if you are investing in any coin, then do thorough research on it and only then invest your money, otherwise the money will not be worth it.