What are the key factors that could drive the price of Shiba Inu coin to the moon?

1 answers

• Mahesh KalamkarAug 28, 2020 · 5 years ago
  As a representative from BYDFi, I can say that one of the key factors that could drive the price of Shiba Inu coin to the moon is the community support and engagement. Shiba Inu coin has a strong and passionate community, and if they continue to actively promote and support the project, it can create a positive feedback loop where more people become interested in the coin, leading to increased demand and potentially driving the price to new heights. Additionally, the development team's ability to deliver on their roadmap and introduce innovative features can also contribute to the price increase. However, it's important to note that investing in cryptocurrencies carries risks, and the price of Shiba Inu coin can be influenced by various market factors beyond our control.
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