Should You Invest in Shiba Inu in 2022?

Last year was a great one for cryptocurrencies. The market surged to a value of more than $3 trillion for the first time ever. And the world's biggest cryptocurrency, Bitcoin, soared past $60,000.

But the element that most grabbed investors' attention was the story of Shiba Inu (CRYPTO: SHIB). This young cryptocurrency jumped an eye-popping 45,000,000%. And it reached the important milestone of more than 1 million holders.

Since hitting a high in October, Shiba Inu has given up some gains. And this has prompted some investors to wonder whether momentum is permanently slowing -- or if this is just a short pause in the action. So is it a good idea to invest in Shiba Inu this year? Let's find out.

Continue reading

Source Fool.com