What is Shiba Inu, crypto trading more than Bitcoin in India?

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After the recent phenomenal jump in SHIB prices, its investor base is expected to increase, experts say. With higher Bitcoin and Ethereum prices, SHIB still offers a low-cost entry into the lucrative crypto market, says Shivam Thakral, CEO of BuyUcoin – a local cryptocurrency exchange – and the best part is that it is. available in large quantities in domestic markets. “SHIB is already listed on some of the most important exchanges around the world and it is only a matter of time that every exchange in the world will offer SHIB to its users. As the investor base for SHIB grows , we will see a further increase in its value in the days to come. “

Without a doubt, SHIB is making a place for itself among the best cryptocurrencies. But Ranga of ZebPay adds that the increase in volumes the token has witnessed can also be attributed to the Fear of Missing (FOMO) that typically arises – as interest peaks and traders rush to join the rally to save. benefits. Currently, memecoin ranks eighth in terms of market capitalization. It has a total market capitalization of $ 42.28 billion.

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