Shiba Inu just recently jumped about 8% after a rough market day. It is now currently worth $0.00000813. That is not a lot even for a memecoin, which is why I think it will jump a lot in the near future. Shiba Inu is currently #1 favorite coin on Webull.com. That is pretty high for a coin that has been trying to compete with Dogecoin by their community naming it the Dogecoin killer. Shiba Inu is also making big headlines, CoinMarketCap even posted a tweet asking "Do you think #SHIB will ever flip #DOGE?" Which is a pretty tough assumption to make considering dogecoin is worth a quarter.
There was a $820-million dollar transaction made for Shiba Inu on Coinbase, which is why it saw such a larger pump the day it was listed on Coinbase. I feel like once Shiba Inu becomes more widely accepted by large investors, we will see the price escalate at a large rate. The Shiba Inu twitter space claims Shiba Inu is getting something done behind the scenes, which could make sense with their affiliation with coinbase now. Vitalik Buterin has also shown that he's a big supporter of Shiba Inu as well. The only question is whether people would be able to use it anywhere soon. Right now dogecoin just got shamed by AMC by them accepting three cryptos; Litecoin, Bitcoin, and Ethereum, pretty much saying those are the three best coins. The ones that have been on Robinhood the longest, but by not considering Dogecoin to be one of the main cryptocurrencies, it could leave people wondering if business will start to take Dogecoin more serious than a meme. While I don't think Shiba Inu needs to be at that stage right now, it would definitely create faster growth than larger ones like Bitcoin that are less effected by news like Walmart or AMC. These recent events may have created serious fud in the market, but luckily coins like Shiba Inu are not affected as much. Shiba Inu might even be considered to be listed on Robinhood. After Coinbase and Binance, being listed on Robinhood for sale would be insanely beneficial. If Shiba Inu is posted on Robinhood I can see it being $.0001.