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Could Shiba Inu Be a Multibagger in 2023?

TheMotleyFool

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Could Shiba Inu Be a Multibagger in 2023?: https://g.foolcdn.com/editorial/images/715308/gettyimages-491665081.jpg

Shiba Inu (CRYPTO: SHIB) wowed investors when it soared 45,000,000% in 2021. The popular meme token represented a cryptocurrency success story -- at least from the perspective of market gains.

But last year wasn't nearly as bright for Shiba Inu. In fact, it was actually pretty glum. The crypto known for its cute dog mascot finished the year down more than 75%.

Still, many investors think back to Shiba Inu's one great year. And they're wondering if enormous gains could happen again. After all, Shiba Inu does have a catalyst ahead: It's preparing to launch a scaling solution known as Shibarium.

Source Fool.com

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