Which Altcoin is worth buying? Shiba Inu (SHIB) presented by this Bitcoin fan
TL; DR
Shiba Inu prices rose 12 percent last week, but are below 2021 highs. Early Bitcoin adopter DaVinci Jeremy endorsed SHIB on Twitter, prompting a positive response in the crypto community. Jeremy had earlier correctly predicted Bitcoin's growth potential, with BTC recently surpassing $35,000.
Pointing at SHIB
Ever since they entered the crypto's ecosystem, memecoins have attracted the attention of many investors and traders due to their improved volatility and potential for quick and high profits. One of the assets of that state is the self-proclaimed Dogecoin – Shiba Inu (SHIB).
The price is up more than 12% in the last seven days following the bullish sentiment in the market. Despite its recent gains, SHIB is far from the ATH level recorded by the end of 2021. Keep in mind that the hype surrounding the coin was much greater at the time than it is now.
However, Davinci Jeremie, an early adopter of Bitcoin, using the X (Twitter) handle, believes that investors should still focus on the Shiba Inu, sparking curiosity in the community that in the future SHIB may head north. His post came in response to Slavik asking which altcoin to buy right now.
Um $SHIB
— Davinci Jeremi (@Davincij15) January 26, 2023
One person DaVinci Jeremy appreciated for his support of the Shiba Inu was Shibarium's marketing strategist – LUCIE. Other X users said they jumped on the SHIB bandwagon shortly after the post.
He was right about BTC (as of the time).
DaVinci Jeremy is famous throughout the cryptocurrency community for announcing his support for Bitcoin a decade ago and urging people to invest just $1 in the original cryptocurrency.
“It's only a dollar, get some bitcoins. Remove it, it goes to nothing; Who cares, right? They only spent one dollar. You get one million satoshis per dollar, and as I see it, if BTC gets to where it can, that's going to be worth a million dollars.
The value of the leading digital asset has risen astronomically since his advice, surpassing $35,000 for the first time in over a year and a half. You can watch our latest video below to find out what caused this huge increase.
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