Since January 2022, Shiba Inu has lost more than 65% of its market cap. Currently, Shiba Inu is trading at $0.00001173 per token. Thus, it would need to rise by over 85,000% to reach $1.
At the end of 2021, the cryptocurrency markets crashed, resulting in Shiba Inu not providing further returns. Although the token has gained popularity because of its meme coin status, a lack of use cases may prevent it from reaching $1 anytime soon. Furthermore, not many Shiba Inu price predictions are bullish.
Tamadoge (TAMA) is the hottest upcoming meme coin right now
There is no doubt that Tamadoge will be one of the best metaverse games and the hottest new crypto project in 2022. TAMA is the native cryptocurrency and utility token of Tamaverse.
At the Tama store, users can purchase Tamadoge pet NFTs, which are then used to gain points on a monthly leaderboard, where the top performers receive TAMA rewards, increasing the cryptocurrency’s value.
In order to maintain long-term value, the developers have only released 50% of Tamadoge tokens so far. Currently, TAMA has released its beta presale, where users can trade 1,000 TAMA tokens for $0.01 per token. They reserve 20% of the token supply for future centralized and decentralized exchange listings. The remaining 30% will be released over the next ten years through minting operations.
