Home web3.0 Shiba Galaxy ($SHIBG): The New Meme Coin Combining Humor with Hefty Dose of Utility

Shiba Galaxy ($SHIBG): The New Meme Coin Combining Humor with Hefty Dose of Utility

Nov 08, 2024 pm 09:00 PM
Meme Coin Shiba Inu

A steady increase in price that for Shiba Inu began a couple of days before the elections might turn into a rally toward a new all-time high (ATH)

Shiba Galaxy ($SHIBG): The New Meme Coin Combining Humor with Hefty Dose of Utility

Shiba Inu (CRYPTO: SHIB) price recorded a remarkable increase ahead of the presidential elections. However, there is another point to consider in the meme coin field: Shiba Galaxy (CRYPTO: SHIBG).

Is the price of Shiba Inu rising?

Shiba Inu price has experienced a wave of excitement again recently. The re-elected presidential candidate of the United States, while previously skeptical about cryptocurrencies, promised to make the country the "cryptocurrency capital of the world" during the election campaign.

On the other hand, his rival and incumbent Vice President Kamala Harris hasn't talked much about this issue. For this reason, many people in the cryptocurrency industry thought that Harris would treat them less well than Trump if she was elected.

So, how much can the SHIB price rise?

It depends on the question. Predictions are as diverse as the cryptocurrencies themselves. For example, artificial intelligence algorithms used by cryptocurrency analytics platform CoinCodex predict that the Shiba Inu price will stabilize around $0.000019 after rising more than $0.00003 in the coming weeks.

However, famous cryptocurrency analyst Alan Santana said in the predictions he recently shared on his TradingView profile that the SHIB price will be lower in the near future. He based his predictions on extremely low trading volumes and the October 29 peak being lower than the mid-July peak.

Given the uncertainties in the markets, it may be a good idea to consider alternatives such as Shiba Galaxy.

Why is SHIBG price rising?

Despite the Shiba Inu craze, many investors are focusing on other meme coin projects, including the fast-growing Shiba Galaxy. Here's why: SHIBG is more than just a meme token. An innovative blockchain packed with features that push the boundaries of Meme coin functionality.

SHIBG, which provides the lowest transaction costs among its competitors thanks to its Layer 2 blockchain called Shiba Galaxy Chain and seamlessly integrated into the Ethereum (CRYPTO: ETH) network, climbed to the top of the meme coin world in a short time.

Also, this is not just an advertisement. SHIBG is designed to handle large trading volumes with high-speed trading and instant bridging, making it an excellent option for both casual and serious investors. As meme coins gain popularity, SHIBG offers something rare: real use case and long-term growth potential.

SHIBG, in particular, is a comprehensive ecosystem that includes a blockchain explorer, developer tools, and an extremely fast transaction network. For investors, this means a more versatile and richer platform than traditional meme coins.

Although SHIBG is still new, it indicates serious growth potential, with a 12 percent increase in the last week alone, which is remarkable when compared to more established meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu.

Currently trading at $0.109 in presale, SHIBG may be the meme coin to watch soon, especially as its momentum carries over into the current bull run.

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