Bitcoin
Shiba Inu (SHIB) Struggles at $0.000014, While Analysts Project a 13,200% ROI for Ruvi AI (RUVI) by Year-End
While in the past, Shiba Inu was famous as a meme coin, this was because of its elevated status, together with a thorough community backing system, including celebrity promotion. However, this storyline is now losing steam, with the market shifting its focus to projects with actual use cases.
Holding severely at $0.000014, Shiba Inu is not able to show any substantial upward movement, many attributing the token’s stagnation to it being so commercially hyped without the necessary technological breakthrough or pertinent partnership to support its value proposition.
As such, many investors are turning to new projects that have real-world application and potential for long-term growth.