Seeking Alpha
2021-11-08 23:46:48

Shiba Inu Coin Price Prediction: Learning To Stop Worrying And Love Speculative Bubbles Instead

Shiba Inu coin skyrocketed after Coinbase added it to their platform and Elon Musk made some crypto tweets with dog emojis and rockets.Echoing earlier calls for Dogecoin to hit $1, the prophets of TikTok and YouTube are calling for Shiba Inu to hit $0.01.Their predictions seem unlikely–as of my writing this, Shiba Inu would have to appreciate 169x to hit $0.01.No one is credibly arguing that Shiba Inu has any technological improvements over existing cryptocurrencies, but SHIB-USD is sure to briefly skyrocket if Robinhood allows trading in the coin.You shouldn't worry about missing out on speculative bubbles as a long-term investor–mispricing creates investing opportunities for long-term investors in ignored areas of the market.

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