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Shiba Inu: Buy the Dip?

TheMotleyFool

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As Shiba Inu (CRYPTO: SHIB) soared 45,000,000% back in 2021, it -- unsurprisingly -- grabbed investors' attention. And the gain made many wonder if this popular meme token could deliver a repeat performance.

Last year, Shiba Inu didn't. The cryptocurrency followed the rest of the market lower amid general economic worries.

Now, after showing a bit of momentum earlier in the year, Shiba Inu is on the decline again. And it's falling just as it's reached a major milestone -- the beta test launch of Shibarium, its Layer 2 solution. Is this dip a buying opportunity? Let's find out.

Source Fool.com

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