Bull rally in 2021 bitcoin and cryptocurrencies increased its adoption and popularity.
Many investors entered the cryptocurrency industry for the first time and made their first investments.
In the 2021 bull rally BTC and Ethereum (ETH) Apart from that, meme tokens also came to the fore. At the beginning of these meme tokens Dogecoin (DOGE) and Shiba Inu (SHIB) came.
In 2022, with the effect of the bear market, BTC and ETH Like meme tokens, it was among the cryptocurrencies followed by investors, even though it experienced sharp drops.
such that SHIB The world’s largest cryptocurrency exchange in 2022 BinanceIt was among the most followed cryptocurrencies along with Bitcoin and Ethereum.
SHIB official account sharing on Twitter “SHIB became one of the most watched crypto assets on Binance in 2022 alongside Bitcoin and Ethereum.” said.
In this respect Binance also made the following statement:
“We present to you the most watched crypto assets in Binance 2022. Which cryptocurrencies were you watching?
The most watched cryptocurrencies in the 2022 Binance period: Bitcoin, Ethereum and Shiba Inu. “
Woof! SHIB becomes one of the most watched crypto assets in @binance during 2022, next to Bitcoin and Ethereum. https://t.co/88wkeM0Nuv
— Shib (@Shibtoken) December 18, 2022
SHIB’s Performance!
Recording tremendous gains in the 2021 bull shiba inuwhich peaked at $0.00008616 in October 2021, making some of its investors millionaires as well.
The growth in SHIB has led many investors to invest in SHIB in the hope that the uptrend will continue. However, the Fed’s tight monetary policy and bear market SHIB caused its price to drop drastically in 2022.
SHIBalthough it fell by about 90% from its ATH, it managed to maintain its popularity among investors.
*Not investment advice.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!