Bitcoin of America now supports Shiba Inu, should you get SHIB?

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shiba inu

Shiba Inu SHIB/USD is a cryptocurrency that was initially created as a meme token; however, over time evolved and introduced the ShibaSwap, the LEASH, and BONE tokens, as well as the Shiba Inu Metaverse.

Bitcoin ATM support for SHIB as a catalyst for growth

On March 30, 2022, Shiba Inu made an official Twitter announcement where they introduced SHIB: The Metaverse.

This was huge news for the overall ecosystem, as it would lead to a heightened level of utility for ShibaSwap, alongside the LEASH and BONE tokens, all of which would play a major role in the metaverse that’s being developed. 

However, on April 4, 2022, Bitcoin of America announced that Shiba Inu (SHIB) became available across all of Bitcoin of America BTMS.

Bitcoin Of America (BTM) is a major Bitcoin BTC/USD ATM operator in the United States. 

Prior to the official announcement, the company tweeted a countdown to serve the role of a teaser for their followers, but when the announcement was eventually made, the official Shiba Inu Twitter page shared it.

Should you buy Shiba Inu (SHIB)?

On April 5, 2022, Shiba Inu (SHIB) had a value of $0.00002666.

shibusd 2022 04 05 09 55 51

In order for us to get a better perspective as to what kind of value point this is for the SHIB cryptocurrency token, we will be going over the token’s all-time high point of value, alongside the performance it showcased throughout the previous month. 

The all-time high of the Shiba Inu (SHIB) cryptocurrency token occurred on March 28, 2021, when it reached a value of $0.00008616. This means that at its ATH, the token was $​​0.0000595 higher in value, or by 223%.

When we go over the performance of the token throughout the previous month, Shiba Inu (SHIB) had its lowest point of value on March 15, when it decreased to $0.0000214. 

However, the token’s highest point of value was on March 28, when it increased in value to $0.00002904.

This gives us an indication that the token had increased in value by $0.00000764 or by 35%. WIth this in mind, we can expect SHIB to reach $0.000035 by the end of April.

The post Bitcoin of America now supports Shiba Inu, should you get SHIB? appeared first on Invezz.

from Market Analysis – Invezz

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