Following Dogecoin (DOGE) and Shiba Inu (SHIB), another meme coin project, Shibnobi (SHINJA), is attracting a lot of attention from investors these days, especially those looking for an outstanding return on their investment in a short period of time. Even during the crypto market crash, SHINJA has risen tremendously. For details cryptocoin.com keep reading.
A new token that makes a fast entry to the meme coin market
This nascent token is gaining support from the SHIB community, which has consistently ignored the general widespread selling in the global crypto market, which continues to push its price higher and hit all-time highs (ATH) every week. Since its launch in November 2021, SHINJA price has shown dazzling 600% gains in December, currently up more than 5367.7% from its earliest known price and 123% in January 2022, when the crypto market fell badly.
Despite this huge circulating supply in the game, on December 17, SHINJA was able to surpass its Market Cap of $1 billion for the first time. This marks history as the token reached this huge billion-dollar market cap in less than 30 days. After this turning point, the meme coin started to attract the attention of investors, which was fueled by buying pressure and eventually pushed its price to new weekly highs.
American actor, screenwriter, stand-up comedian, and television producer James Harvey Kennedy seems to be an unflinching proponent of this new meme coin project in town and believes in SHINJA. He says in a tweet that SHINJA is fast becoming the “Most Wanted Cryptocurrency”.
SHINJA is also the first token listed on four well-known Centralized exchanges in a very short time. It is listed on SHINJA, LBank, Bitmart, Hotbit and ProBit Global. Most traders took an early position in the token as they believed that the token could become the next Dogecoin or Shiba Inu and will make huge profits during the next Bull Run. The SHINJA token is new to the market and the gains are based on hype.
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