Shiba Inu, just yesterday, was listed on Coinbase. And recently before that, Elon Musk adopted a Shiba Inu and the price of the coin rose significantly. Shiba Inu has increased about 9,500,000% over the year. It was coined the dogecoin killer because of expectations of beating dogecoin. With the recent price correction over the entire crypto market, with regards to El Salvador's legal tender change, the bull market run has seen a pause. While some altcoins have seen massive gains, Shiba Inu also recently hit a new high yesterday. Now being on COINBASE the fate of Shiba Inu is quite certain, being the cheapest coin on Coinbase, I think Shiba Inu will definitely reach some small value in a year or so.
Dogecoin will most likely reach triple digits before Shiba Inu is close to where Dogecoin is at right now. Only because the price is so minute right now, that owning millions of Shiba Inu sounds good and all unless it becomes worth nothing one day. It is already not even worth close to a penny, which is in fact how dogecoin started, so being worth this little could sound appealing now that it has become more legitimate. Shiba Inu's community is growing alongside Elon Musk's fanbase, so it should continue to follow the path of dogecoin, and maybe even create a new one for itself. Although it has been trading slowly today, it has moved a very large amount in the year, which could make it the right or wrong time to put money in.
