Billionaires Predict Shiba Inu Coin Price will hit $0.1 in 2021!!
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Shiba Inu continued dominating the meme currency market throughout the whole week, and it took over Dogecoin to become the 9th most valuable cryptocurrency on the ranking table. A couple of days ago, Shiba Inu hit the all-time high of $0.000089 with a huge market cap of $51 billion; the meme token saw a price retrace of about 50% and dipped up to $0.000057. However, the bullish momentum helped Shiba Inu regain the price and trading at $0.000078 with a market cap of $40, still positioned at number 9 on the ranking table. Its bullish momentum and support from the strong Shiba community made the billionaires predict Shiba Inu Coin will hit $0.1 in 2021.
October remains thrilling for Shiba Inu Coin, and it crossed many milestones of its journey towards $0.1. in October, Shiba Inu recorded a mammoth price gain of 1000% while overcoming many hurdles. However, Elon Musk's stress was the biggest test that Shiba Inu passed without any hesitation. Though it made Shiba Inu a price dip, the Shiba Inu strong community passed this stress test and pulled up Shiba Inu back towards its all-time high.
A major $31.04 billion token dump was another test that could ruin the tremendous gains of Shiba Inu Coin. But Shiba Inu's strong community again stood behind its lovely token, continued the bullish momentum, and overcame this biggest dip.
Earlier this month Shiba Inu community continued its demand for Robinhood to list Shiba Inu Coin for trading. A petition in this regard has been circulating, having more than 400k signatures, but Robinhood didn't bother that petition. However, what Shiba Inu did this month, where its valuation grew greater than Robinhood, the scenario has changed completely. Now it seems the fintech exchange Robinhood needs Shiba Inu listing as its revenue generated by Dogecoin has reduced below half.
The latest financial reports of Robinhood disclosed that Robinhood is facing a decline in crypto activity on its platform. Due to the high price surge of Shiba Inu Coin, thousands of Dogecoin holders on Robinhood liquidated their assets to switch into Shiba Inu. After this liquidation, Robinhood stock plunged to 8%, which was at 32% earlier from the Dogecoin trading. Thus, the listing of Shiba Inu Coin can give Robinhood a push in trading volumes and off course, in publicity.
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