Shiba Inu (SHIB) was the first ever meme coin to claim gains of 72,586x within one year. But 2022 made sure most of those gains went downhill. Today, we'll be looking at the 30-day recovery of the project and how it will perform in upcoming years.
Apart from it, there's a new meme coin that will follow the trend SHIB set in 2021. Love Hate Inu (INU), a blockchain-based Vote-to-Earn (V2E) platform where you can openly share your opinion on any topic.
But first, let's take a quick look at SHIB before moving on to its price analysis.
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What Is Shiba Inu (SHIB)?
Shiba Inu, launched in 2020, was a meme parody of Dogecoin, which was made to counter the hype the latter achieved throughout the years. It is built on the Ethereum network and uses its resources to offer utility.
SHIB has now turned into an ecosystem with multiple projects and tokens under its belt. BONE and LEASH tokens are two examples. Also, Shibswap and the upcoming NFT launch by SHIB will add to its value.
It has moved towards a more web3-oriented approach by introducing Shibarium, a layer-2 network for efficient transactions and better user experience. SHIB has all the potential to skyrocket, but maybe it's time for Love Hate Inu to shine.
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Shiba Inu Monthly Price Analysis
Here we’ve got a Three-month chart for Shiba Inu that shows how well the crypto has recovered in the past month. After dropping to as low as 0.00000772 USDT, SHIB is now consolidating above 0.0000100 USDT, a great recovery in the past weeks.
According to the indicators, SHIB has reached a Price index of 30, which we also refer to as a bottom. After this, SHIB is expected to rise steeply in value and break the resistance of 0.0000152.
Also, because of the launch of the upcoming Shibarium, a layer-2 improved network of SHIB, the price is expected to rise as the demand for the coin increases and due to the coins burned in transaction fees.
Expert Opinion on SHIB
According to CoinCodex’s Tech growth indicator, the price of SHIB in 2024 would be between 0.00001972 and 0.00005921, approximately a 488% growth from its current value. And by 2025, it would be around 0.00002524 and 0.000131, over 1000% growth from today.
In contrast, Walletinvestor has predicted a rough year for SHIB. They say it could fall in value, reaching 0.0000012 by February 2024. Most of the indicators on the site show a bearish trend, which does not favor SHIB.
Best Coin To Buy In 2023 - Love Hate Inu (LHINU)
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A Vote-to-Earn (V2E) platform with no barriers to opinions, and you can vote on whatever you deem fit. Love Hate Inu is a polling token where you’ll be given a chance to vote Love or Hate..
It's the same in this ecosystem. Initially, the team will decide on the polls, but once all the tokens are sold, you and all other community members will vote on which poll they want to see first and even share their suggestions.
These polls can further be used as meme templates that the audience on social media platforms loves to scroll through. To make the voting mechanism safe and scam-free, the team has made it compulsory for the users to stake their $LHINU tokens on the website for at least a month.
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The major difference between SHIB and LHINU is that the former didn't have a particular utility when it exploded, but LHINU has it all, making it far more inclined to skyrocket in the future. So why are you still wandering here, go and fill your portfolio with $LHINU tokens before it's too late.
Reasons To Buy Love Hate Inu (LHINU)
There are multiple reasons to buy $LHINU tokens but to make it easier for you to decide, we have only mentioned the most important ones. These points will surely make you buy Love Hate Inu tokens.
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First Vote-To-Earn (V2E) Platform
The blockchain network has never seen a project where users could vote on matters by deciding whether they love or hate the trend or a particular personality. There’s no restriction to opinion on this platform.
The polls will consist of two options, and you can choose Love or Hate to show your support or resistance towards it. Either you love or hate Andrew Tate because there’s no in-between here. This makes it all the more interesting.
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Raised $200,000 In A Couple Of Days
The crypto market hasn’t seen a token grow so quickly in a while now. Love Hate Inu broke the $200,000 milestone couple of days into the presale. With the way this token is growing, experts are optimistic that it will grow even higher than SHIB did.
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So follow the expert opinion and buy $LHINU tokens now. They are currently selling at 0.000085 USDT, and within the next seven days, the price will be increased to 0.000090. So hurry up, so don’t miss the opportunity to buy this token at its lowest-ever price.
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90% Token Owned By The Community
To make the project anti-rug and free from manipulation, the founders deem it fit to sell 90% of the tokens to the community. Only 10% of tokens from the total supply are held back for marketing purposes and CEX listing fees.
As a community member, you will have complete control over the ecosystem, which polls to vote on next and other developments.
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Conclusion
Love Hate Inu has been on a roll since its presale has begun. Raising hundreds of thousands of dollars within a few days is itself an accomplishment. According to experts and social media hype, $LHINU is expected to increase in value by multiple folds, so secure your tokens now.
