{"id":413414,"date":"2023-06-29T19:01:41","date_gmt":"2023-06-29T19:01:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=413414"},"modified":"2023-06-30T01:32:45","modified_gmt":"2023-06-30T01:32:45","slug":"is-shiba-inu-going-to-zero-price-dead-new-crypto-shib-2-0-pumps-are-these-2-meme-tokens-next","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-shiba-inu-going-to-zero-price-dead-new-crypto-shib-2-0-pumps-are-these-2-meme-tokens-next","title":{"rendered":"Is Shiba Inu Going to Zero? Price Dead, New Crypto SHIB 2.0 Pumps – Are These 2 Meme Tokens Next"},"content":{"rendered":"

With the Shiba Inu price making new lows, the new Uniswap coin SHIB 2.0 is pumping alongside Pepe 2.0 and Doge 2.0. Have traders moved on from $SHIB? The memecoin community have already started looking at these new projects as better alternatives, given the reemerging popularity of bizarre but community-driven meme tokens.<\/p>\n

Shiba Inu Dumps While SHIB 2.0 Pumps<\/h2>\n

Shiba Inu is arguably one of the most popular meme tokens in the industry, given the size of its community and the traction it gains on social media platforms. In the past, investing in the project has proven to be highly lucrative, with substantial gains reported by many investors.<\/p>\n

However, the recent months have witnessed a shift in market dynamics. While Shiba Inu<\/a> enjoyed significant success in 2021, it has faced challenges in maintaining the same level of attention and traction in 2023. Conversely, other newly introduced meme tokens have experienced notable growth and success in the current bullish market conditions.<\/p>\n

As of the latest update, Shiba Inu currently holds a market capitalization of approximately $4.3 billion, with its trading price hovering around $0.0000073. The token experienced a notable decline in value starting from October 2021, after reaching its peak of around $0.000079.<\/p>\n

\"SHIB<\/p>\n

Since then, the price of SHIB has witnessed a substantial downward trend, occasionally displaying minor fluctuations but without any significant reversals. There are several within the meme token community who believe that SHIB may in fact dump further, and eventually fizzle out losing all value.<\/p>\n

In contrast, SHIB 2.0, a recently introduced project, has quickly gained significant attention and experienced a remarkable surge in price. According to Coinmarketcap<\/a>, the token’s data has been monitored starting from a price of approximately $0.00058. Since its launch, SHIB 2.0 has witnessed an impressive increase of over 100% within a span of just one day, currently trading at around $0.003 and boasting a market capitalization exceeding $3 million.<\/p>\n

For investors, the sudden rise of a token like Shiba Inu may have been quite unexpected. However, following the bullish market trend of 2021, it became apparent that the cryptocurrency industry was becoming more open to embracing meme-based coins.<\/p>\n

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Shib 2.0 – $shib2.0
2.0 meta gamble
Don’t know the team
Eth<\/p>\n

Aped fat here at 50k and watched from vip together with the lads.<\/p>\n

This gonna be a runner. 2\/2 tax. Lp Burned. And big narrative. Couple big names in the chat. Already 300k and my fingers can’t type fast enough. 6x for… pic.twitter.com\/ECr88X80th<\/a><\/p>\n

— Sagat Calls (@SagatCalls) June 29, 2023<\/a><\/p><\/blockquote>\n