Elon Musk’s Shocking Announcement
Elon Musk’s announcement of Shiba Inu Coin’s (SHIB) listing on Coinbase sent shockwaves through the cryptocurrency community. The news caused an immediate surge in SHIB’s price, with the coin’s value rising by over 100% in a matter of hours. This sudden increase in value has caused many investors to speculate on the coin’s future performance.
Shiba Inu Coin Price Prediction
Coinin Codex.com has released its prediction for Shiba Inu Coin’s performance on Christmas Day 2022. According to their analysis, SHIB is expected to trade at 0.009 on December 25th. This would represent a year-over-year increase of over 100% from the 2021 value of 0.000000 000000000000 133. It is important to note that, unlike last year, the cryptocurrency market is currently in a bearish state. This means that SHIB’s performance on Christmas Day 2022 may not be as strong as it was in 2021.
What Does This Mean For Investors?
The news of Shiba Inu Coin’s listing on Coinbase has caused a surge in the coin’s value, and many investors are now wondering if they should invest in the coin. While the coin’s performance on Christmas Day 2022 may not be as strong as it was in 2021, the coin is still expected to experience a year-over-year increase in value. This means that investors who are willing to take on the risk of investing in SHIB may be rewarded with a significant return on their investment.
Shiba Inu Coin’s Recent Developments
Shiba Inu Coin (SHIB) has been making headlines recently due to a number of high profile incidents and rapidly rising inflation surrounding the token’s operations. For example, the asset has suffered from the collapse of the FTX cryptocurrency market and the terol limit ecosystem. Despite this, the SHIB community on Coin Market Cap is still optimistic about the asset’s future.
Elon Musk’s Involvement
Following Elon Musk’s purchase of Twitter, there was some relief for the meme coin. There have been rumors that Musk, a supporter of SHIB, may integrate the token into the social media platform in the latter part of 2022.
Price Prediction
The price estimate function which the community was using, predicts that SHIB would trade at $0.011 by December 31st, reflecting gains of nearly 19% from the asset’s price. At the time of posting, network operations to identify potential rally triggers have been documented.
Increased Adoption
Adoption of SHIB is also increasing in elements like payments. In this line of addition, SHIB is seeing an increase of holders as well. By 2022, the value is predicted to be $1.249796.
Fidelity Investments
The US-based cryptocurrency trading company Fidelity Investments said that it is thinking of listing the well-known meme crypto token SHIB on its trading platform for digital assets. This followed a key influencer for the SHIB Army at SHIB.BPS’ tweet indicating that the financial services business would explore incorporating SHIB into its trading app. A SHIB fan and an influencer in the SHIB ecosystem requested the news in response.
Shiba Inu Coin (SHIB) to be Listed on Fidelity Investments
The cryptocurrency token, Shiba Inu (SHIB) may soon be listed on Fidelity Investments, a digital asset trading platform, according to the US-based trading company. A SHIB enthusiast and influential figure in the Shiba Inu community made a request and the news was granted. The asset management company also revealed that Fidelity Crypto, one of its services, allows regular investors to purchase and trade Bitcoin and Ethereum on its trading platform.
Fidelity Crypto Offers Zero Commission Trading
Fidelity Crypto offers a service that allows interested investors to deal with zero commission. Additionally, the American cryptocurrency service offers custody services for all supported tokens through its subsidiary Fidelity Digital Assets. A Fidelity representative emphasized to CNBC that the company prioritizes where its clients invest their money.
Fidelity Aims to Give Clients Resources and Assistance
Numerous Fidelity clients have shown interest in cryptocurrencies, and the business aims to give them the resources and assistance they need to make an informed decision. Fidelity will thus keep making sure that its clients gain from its technology, research, education and assistance. Additionally, as a demonstration of its belief in digital assets, Fidelity offers users Bitcoin custody services, as well as other crypto-based financial products.
Fidelity Permits Staff to Invest in Bitcoin
Earlier this year, the banking behemoth permitted its staff members to invest a portion of their 401 retirement funds in Bitcoin. The company said that it currently only sells Bitcoin and Ethereum, but that it intends to include SHIB and other cryptocurrency tokens in the future as it seeks to increase the scope of its cryptocurrency trading operations.
Fidelity Investments and Cryptocurrencies
Fidelity Investments is one of the largest American corporations that actively invests in cryptocurrencies, with over 4.5 trillion worth of assets under management. This makes it one of the most influential players in the financial investment industry and it is no surprise that its selection of digital assets is highly sought after.
Shiba Inu Coin Gaining Popularity
Shiba Inu Coin (SHIB) was once considered the best of all meme coins, but it is quickly losing ground to its competitors. If Fidelity Investments were to list SHIB on its trading platform, it would likely become the token of choice for many retail traders. This is largely due to the vibrant SHIB community and its influential members, who were instrumental in getting the coin listed on other cryptocurrency trading websites.
Online Petition for SHIB Listing
The SHIB community has launched an online petition calling for greater support for the asset, as well as a listing of SHIB on Robinhood’s commission-free trading app. This is a testament to the power of the SHIB community and its determination to see the coin listed on more platforms.
SHIB Price Prediction
Based on historical data, SHIB is currently trading at $0.009188, up 1.3% over the past 24 hours. With the recent news of Elon Musk’s email to staff members requesting that they work long hours at a high level of intensity, the price of SHIB is likely to continue to rise. If Fidelity Investments were to list SHIB, it would likely see a significant surge in its price.
Shiba Inu Coin and Coinbase
The cryptocurrency market has been abuzz with news of Shiba Inu Coin (SHIB) being listed on Coinbase, one of the world’s leading cryptocurrency exchanges. This listing has been seen as a major step forward for the cryptocurrency, and has caused a surge in its price. The listing on Coinbase has also been seen as a sign of legitimacy for SHIB, as Coinbase is known for its strict listing criteria and is seen as a reliable platform for trading digital assets.
The Impact of Coinbase Listing
The listing of SHIB on Coinbase has had a significant impact on its price. Since the announcement of the listing, the price of SHIB has risen significantly, with some analysts predicting that it could reach $1 in the near future. This surge in price has been attributed to the increased demand for SHIB, as more investors are now able to purchase the token on a trusted platform.
Shiba Inu Price Predictions
The listing of SHIB on Coinbase has caused many analysts to revise their price predictions for the token. Many analysts are now predicting that SHIB could reach $1 in the near future, as the demand for the token is expected to continue to increase. Other analysts are predicting that SHIB could reach even higher prices, as the token has seen a significant surge in its price since the Coinbase listing.
The Future of Shiba Inu
The listing of SHIB on Coinbase has been seen as a major step forward for the cryptocurrency, and has caused a surge in its price. The listing on Coinbase has also been seen as a sign of legitimacy for SHIB, as Coinbase is known for its strict listing criteria and is seen as a reliable platform for trading digital assets. As such, many analysts are predicting that SHIB could continue to see significant growth in the near future, as more investors become aware of the token and its potential.
