Shiba Inu Crypto: A Useless Coin That Can Still Make You RichHey everyone, welcome back to a new supply and demand crypto analysis. Today, I will analyse one of the most unexpected — but potentially lucrative — investment opportunities in the crypto space right now: Shiba Inu Metaverse crypto.
Yeah, I know what you’re thinking… “Isn’t Shiba Inu just another meme coin?”
And yes, fundamentally, it’s not trying to solve world hunger or revolutionise finance. But guess what? You don’t need a coin to be helpful to make money from it.
All you need is to understand price action and supply and demand. That’s it.
What is Shiba Inu?
So let’s break it down. Shiba Inu started as a meme — a direct competitor to Dogecoin. It’s an ERC-20 token on the Ethereum network with a massive circulating supply and a huge following. Over time, it has evolved and launched its own ecosystem — including Shibarium, SHIB: The Metaverse, and other utilities.
But let’s be real: Shiba Inu is not about real-world utility. It’s about speculation, community hype, and timing the market right based on simple but powerful trading concepts.
Daily Timeframe is Trending UP
Right now, things are shifting in our favour on the daily timeframe. We’ve just entered an uptrend — a key change in market structure — and more importantly, we’ve got a new imbalance forming around $0.00001320. This is the next key level where we’re waiting to re-enter the market.
Why wait? Because smart investors don’t chase candles. They wait for the price to return, where demand will likely kick in again. That level is $0.00001320. Once price returns there and confirms demand, we buy — and we ride the next wave.
