While most analysts expect the broader cryptocurrency market to see further bullish trends following Donald Trump’s victory in the US presidential elections, Shiba Inu ($SHIB) is one of the digital assets that benefit from the overall positive feeling.
A steady increase in Shiba Inu price that began days before the election could turn into a rally to a new all-time high (ATH) in the coming months or even weeks.
But let’s be honest: When it comes to meme pieces, there’s always more to the story. Enter the new kid on the block: Galaxy Shiba ($SHIBG), a meme coin combining humor and a strong dose of usefulness that is quickly gaining traction among investors.
Does the Shiba Inu soar?
It turns out that Shiba Inu has ridden a wave of renewed enthusiasm for crypto. Indeed, the returning US president, previously a crypto-skeptic, has repeatedly pledged during his campaign to make America “the country.” crypto capital of the planet. »
In contrast, his opponent, outgoing Vice President Kamala Harris, has remained largely silent on the issue. Therefore, many in the crypto industry took this as a sign that she would not be as kind to them as Trump would be if elected.
So how high can $SHIB go?
It depends. The predictions are as varied as the cryptocurrencies themselves. For example, AI algorithms deployed by crypto analytics platform CoinCodex see Shiba Inu climb in the following weeks beyond $0.00003, before settling in the $0.000019 zone.
At the same time, famous crypto analyst Alan Santana recently shared on his TradingView profile, he expected a price decline for $SHIB in the near future. He based his forecast on exceptionally low trading volumes and the fact that the Oct. 29 peak is lower than the mid-July peak.
With many uncertainties, it’s a good idea to consider alternatives like Shiba Galaxy.
Why $SHIBG is gaining ground
Despite the hype around Shiba Inu, many investors are turning to other meme projects, including the fast-growing project Galaxy Shiba. Here’s why: $SHIBG is more than just a meme token. It is an innovative blockchain with features that push the boundaries of meme coin functionality.
Thanks to its unique layer 2 blockchain called Shiba Galaxy Chain, which seamlessly integrates with the Ethereum (ETH) network and allows for the lowest transaction costs among the competition, $SHIBG has quickly climbed the ranks of the coin world .
And it’s not just hype: $SHIBG is designed to handle massive trading volumes with high-speed processing and instant bridging, making it ideal for both casual and serious investors. As meme coins grow in popularity, SHIBG offers something rare: real utility and long-term growth potential.
Specifically, $SHIBG is a comprehensive ecosystem that includes a block explorer, creation tools, and an exceptionally fast transaction network. For investors, this means a more versatile and utility-rich platform than traditional meme coins.
Although $SHIBG is still new, it is already turning heads with its 12% jump in the last week alone, signaling serious growth potential. Given its current market cap of over $32 million, there is significant upside as it catches up with more established meme coins like Dogecoin ($DOGE) and Shiba Inu.
Currently priced at $0.109 in presale, $SHIBG could soon be THE coin to watch, especially as its momentum continues in the current bull run.
The hype for meme coins is real
Meme coins like Shiba Inu and Shiba Galaxy thrive on community support and cultural relevance, often with the potential for quick wins. While major cryptocurrencies may be cautious about potential regulatory changes, meme coins are generally more nimble, more affordable, and capable of generating massive returns.
With $SHIBG offering real-world utility and $SHIB enjoying a dedicated fan base, the meme coin space remains a dynamic investment frontier. So, if you’re looking to join the “cool kids” of crypto but want to be part of something new and game-changing, Shiba Galaxy should be your ticket.
This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should conduct due diligence before taking any action based on the information presented in this article.