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Shiba Inu Is a Stronger Rival To ETH Than DOGE – Apology From Renowned Crypto Analyst.

Recently on 25th October, the host of the popular YouTube crypto analysis and trading show “Altcoin Daily” apologized to the Shiba Inu (SHIB) community for dismissing the project as merely another meme-based coin competing for attention with Dogecoin (DOGE).

The popular crypto analyst told the channel’s over one million subscribers in a YouTube video released yesterday, at a time when SHIB was trading around $0.00003980, that he had been wrong to dismiss SHIB as just another meme-based cryptocurrency and explained why he now believes the project has huge potential.

He began by stating that in the last video, he had discussed the following tweets by crypto influencer IncomeSharks. He went on to say that he had been contacted by a number of SHIB enthusiasts who wanted him to conduct some study on the project in order to gain a better understanding of it. After doing this research, he came to the conclusion that he had been “actually dead wrong” with regard to his “shallow analysis” of Shib Inu.

He went on to say the purpose of this new video was to apologize to the SHIB community and share his latest thoughts on SHIB. One SHIB influencer who educated him on what makes SHIB much more interesting than DOGE was “Shib Keeper”, who had tweeted on October 22.

“Shiba is more of a contender with Ethereum than Dogecoin,” the researcher continued. According to coinmarketcap data, SHIB is presently trading around $0.000040143 USD, up 3.16 percent in the last 24 hours. SHIB is now the 12th most valuable cryptocurrency by market capitalization.

Shiba Inu Is a Stronger Rival To ETH Than DOGE - Apology From Renowned Crypto Analyst.

Shiba Inu Price Chart – Source: CoinMarketCap

SHIB has gained 52,571,328 percent against the US dollar this year! Finally, it’s worth mentioning that the mainstream media is paying attention to SHIB’s ascent to new all-time highs.

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