Altcoin season is upon us again, though most are selling off due to high gas fees on the Ethereum network. One unsuspecting front-runner continues to set new records “miniSHIB”, which is following in the footsteps of its parent token SHIB. He was listed on popular asset tracking sites such as CoinMarketCap and CoinGecko in record time following its launch (<36 hours), owing to its popularity amongst existing SHIB investors.
The ever-rising miniSHIB (ERC20) token launched on the 23rd October, 2021 on the UniSwap exchange with a billion (1,000,000,000) circulating supply. Owing to the rising popularity of SHIB, it is widely speculated that he will follow in the same footsteps of its parent token SHIB.
The tokenomics for the miniSHIB coin is rudimentary with a 1% return given to holders as passive reflections on every buy transaction, and 7% of every buy transaction is also reserved for marketing and project development. The coin has been built, by a strong team of experienced developers that aim to build a sustainable token bringing innovative ideas into the crypto space.
For most crypto investors the market cap of SHIB is so high that it is difficult to make significant gains (~$40 billion). This is where he wants to turn the tables, by offering crypto investors who missed out on the meteoric rise of SHIBA, a second chance owing primarily due to the low market cap of miniSHIB which currently sits below 10 million. The total supply of tokens is 1 billion tokens, with approximately 4.81% of the total supply burned at launch. The liquidity has been locked for one year, making this token a SAFU investment for speculative crypto investors and day traders alike. The daily trading volume for the token has been averaging at approximately 1 million dollars per day, which has ensured adequate revenue from buy taxes for project marketing and utility development.
Popular crypto influencer, SHIBA millionaire and enthusiast “Crypto Messiah” has also backed the miniSHIB coin with a recent tweet stating, “#miniSHIB hit a 5x from my last call and it’s looking strong”. It is also widely purported that Crypto Messiah has invested into the project just as he did with his infamous $1k investment in SHIBA, which increased to a value of $60 million when the market cap of the SHIB token reached $15billion dollars.
Although the name is similar, miniSHIB is neither affiliated nor associated with SHIB (Shiba Inu) token in anyways
The project developers behind him expect the coin to follow in the same footsteps of its predecessor parent coin SHIB, and it is widely anticipated that he will reach a market cap in the $100’s of millions before the end of 2021. The current market cap of miniSHIB which is currently under $10 million offers huge upside potential for crypto investors – even the speculative kind.
It is also widely speculated that there are plans to list his coin on the ShibaSwap platform, a decentralized exchange for crypto assets. Although this rumour has not yet been confirmed by ShibaSwap, an announcement with regards to the planned utility for miniSHIB is expected to be released shortly by the development team, alongside specifics of the planned utility to support the continued growth of his project going forward into the future.
miniSHIB is currently up 1015% in 7 days – clearly worth anybody’s attention. Currently, he is ranked #3366 on the global crypto market according to CoinMarketCap. On October 27th, the coin is priced at approx. $0.005298 per miniSHIB coin. It is widely estimated that he could potentially be as high as $1.0 per miniSHIB coin, by early April, 2022.
Is miniSHIB the next SHIB? Well, Elon Musk has yet to decide on the coin even though his fans have been sending shout outs to him on his Twitter page repeatedly for replies. Elon as unpredictable as he is, could send this token on a rally with a single like or reply to miniSHIB investors – of course, it’s always wise to do proper research and to analyze all risks, before taking any important steps.
With “Crypto Messiah” already on board with the project, the token’s success is considered by some as being “on the horizon”. It is also widely speculated in popular crypto investment circles and groups such as “Satoshi Street Bets” that miniSHIB could follow in the footsteps of its predecessor father token SHIBA, with crypto utility plans expected to be revealed shortly by the development team behind the project.
Crypto analysts believe that miniSHIB could potentially be one of the most exciting projects in the crypto space this year. The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency).
Contact information
Contact Name: James Russo, Crypto Analyst
Address: New York, USA
Company: miniSHIB
Website: https://minishibtoken.info/
Twitter: https://twitter.com/miniSHIBtoken
Telegram: https://t.me/minishiberc20
Contact: support@minishibtoken.info
