While many investors are trying to get their fits back after a long week of the market downtrend it's now obvious we are left with just one choice which is to try our hands on a couple of new coins that is performing despite the current market conditions. So what are your top choice coins of the moment?
Shiba Inu was leading the list of most hot Alts coins yesterday with price increase of more than 40% in a single day when Crypto market in general started recovering when Bitcoin price reach above 43K. We all know that Shiba Inu is a meme coin with out any strong use case but still it is very speculative coin and listed on all major exchanges including Coinbase and Binance. The Shiba Inu team should take advantage of its popularity and build its use case stronger.
It seems Shiba Inu start racing to chase the better position. I am not sure how high Shiba Inu's price will reach after the drops a few weeks ago. If Shiba can still increase in this unpredictable market, that will be good for the Shiba investors since they are back to make a profit. But as new meme coins, Shiba is already listed on many major exchanges so maybe Shiba really can increase more than now. But do not forget, we already saw Ethereum can back to $3,000 while Binance at $435 so I guess this market is trying to recover the situation.