Shiba Inu is one of the most promising cryptocurrency tokens existing in the space. The token is evergreen in terms of its nature and personality, which compels investors to hold onto the token regardless of the circumstances. SHIB’s allure is unmatched as compared to its other token competitors due to its lasting sentimental appeal. Shiba Inu was one of the few tokens that performed spectacularly well in 2021, delivering major gains to its investors. As investors continue to hope for another bullish run that helps SHIB spike closer to $0.01, odds be damned, here are three major reasons that help Shiba Inu claim its royal status, no matter what.

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Three Major SHIB Forces Keeping SHIB’s Popularity in Place

1. Unmatched Community Support (SHIB Army)

Shiba Inu Army Keeps Burning Despite Price Dip, 374M SHIB Destroyed

One of the most important and noteworthy developments about Shiba Inu is its spectacular community support. The token boasts its own SHIB army, as LucieSHIB mentions, as a dedicated community support group, spanning innumerable loyal fans busy supporting the token no matter what. Major social media platforms, including X, are rife with new support groups and fan pages that continue to deliver 24/7 support to the token. These groups also play an elemental role in conducting major burn processes for the token to stabilize its demand and price narrative.

2. Only Memecoin Working On Launching A Stablecoin

Shiba Inu Massive Transaction Volume Surpasses 1.6 Trillion SHIB
Source: CryptoSlate

Shiba Inu has long been working on launching a stablecoin. This vision was perceived way earlier, before stablecoin narratives became popular across the globe. The token is currently keeping SHI stablecoin developments under wraps, tweaking its ecosystem narrative to launch at the most promising time for maximum engagement. Shiba Inu is the only meme coin that is actively working on launching a stablecoin, at a time when the US government has backed the official domain, offering its full support.

3. Multi-Sector Reach

Shiba Inu ecosystem SHIB Bone Lesh
Source: Pixabay

Shiba Inu is noteworthy in many ways. The token has left no stone unturned to broaden its presence by offering a wider spectrum of services to its community. This includes Shiba Inu’s compelling presence in the space of DeFi (ShibaSwap, Bone, and Leash) and the metaverse (SHIB metaverse). Other than that, the token boasts its own layer 2 blockchain, Shibarium. The token also commands a presence in the NFT domain via Shiboshis. SHIB also offers the Shiba Eternity game to the masses, making its ecosystem holistic in all possible ways.

Also Read: Three Trends That Can Turn Your Shiba Inu Holdings Into Millions

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