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Shiba Inu and Persystic: What Role Does Social Media Play In The Development Of These Cryptocurrencies?

Shiba Inu and Persystic: What Role Does Social Media Play In The Development Of These Cryptocurrencies?

Although there are many new crypto projects joining the market daily, not all of them survive and thrive in the growing crypto industry. Many projects fall through because of the lack of utility and innovation. 

Shiba Inu (SHIB) is among the cryptocurrencies that started as a joke and thus is called a meme coin. However, the project has a strong social media presence and a dedicated community, which are significantly supportive of SHIB’s value and growth potential. 

Persystic (PSYS) is a new addition to the crypto market and is about to impress the crypto community with its innovative offering and an established roadmap. Learning about new promising cryptocurrencies is beneficial to any crypto enthusiast, and here is why this crypto newcomer may have a bright future ahead. 

The Potential Behind SHIB Community

Shiba Inu (SHIB) is a revolutionary meme coin that aims to provide utility to its users and build an incredible metaverse platform backed by a strong community. Shiba Inu is often dubbed “Dogecoin’s Killer”, but many crypto experts now believe that Shiba Inu’s future is incomparable to any other meme coin.

Recently, SHIB became the second largest holding of Ethereum whales - large crypto holders - who now have a significant influence on the value of SHIB. Despite dropping 90% of its value in the most recent crypto crash, SHIB is now expected to follow a path to recovery.

Shiba Inu’s competitive advantage is deemed to rise from its affluent social media presence. SHIB has an astounding following on multiple social media platforms, and its updates often are followed by hype from its fans. 

Shibaverse is the next-generation metaverse project by Shiba Inu’s team. Additionally, SHIB’s team has several developments coming up, including Shiba Inu Games and Shibarium, among others, and some of them could be rolled out by the end of 2022 or 2023.

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