Shiba Inu is Experiencing Increased Buying Activity! Golden Hour to Invest?

Shiba Inu is at its peak moment in 2022 amidst the crypto crash for SHIB investors to drive profit

Shiba Inu is gaining attention from the crypto market for its outstanding performance amidst the crypto market. SHIB investors are excited with its increase in SHIB price to 31% as a meme coin and overtaking some popular cryptocurrencies such as Bitcoin and Ethereum. It is high time for SHIB investors to take this meme coin as a serious cryptocurrency to drive profit efficiently. Shiba Inu has started experiencing increased buying activity for SHIB investors to invest in 2022. The buying activity of Shiba Inu tokens is increasing because the meme coin investors are continuously accumulating the token.

June last week brought out the high trading and buying activity for Shiba Inu in the global fluctuating crypto market. As a meme coin, SHIB has attracted buying activity pressure above 80% twice in 2022 as well as has provided a breakthrough by reaching 89% during the dip for SHIB investors. SHIB investors are increasing the holding time for SHIB tokens for the last five months. It has increased from four months to 150 days in the current crypto market.

At the time of writing, the current price of Shiba Inu is US$0.00001173 with a market cap of US$6.41 billion and a volume of US$1 billion. The buying activity has increased because top Ethereum whales are focused on the meme coin. The Ethereum whales are utilizing the dips as well as have started accumulating the meme coin tokens to their diverse portfolios. Though there are extreme market conditions such as high inflation, looming recession, war, pandemic, and many more, Shiba Inu is standing still and attracting more SHIB investors. This can be possible only for its four upcoming major development projects such as Shibarium, SHI token, SHIBASWAP V2, and its own game.

The SHIB investors have counted all-time high hits as the meme coin has successfully gained full support from crypto influencers such as Elon Musk, and many more. The burn strategy of Shiba Inu has immensely helped in maintaining its status in the crypto market as a meme coin. It continues to burn and remove millions of SHIB tokens out of the market to create a pressure between demand and supply for investors.

Meanwhile, Shiba Inu has hit a milestone by crossing 1.1 million SHIB investors in the global crypto market. There is a craze of this meme coin and that is leading to the increase in buying activity with a bullish move. The rapid developments are creating an impact on SHIB investors to invest in the meme coin in 2022. This may help to drive huge profit in the nearby future. But it is also struggling to reach US$1 and nobody knows the exact time to achieve the milestone. Thus, crypto investors can invest in this golden hour of increase in Shiba Inu buying activity in 2022.