- Shiba Inu is gaining traction as Europe’s second most searched cryptocurrency, indicating widespread and growing interest across multiple countries.
- Crypto expert Andrew Griffiths anticipates a new ATH for SHIB, citing recent market movements as a strong foundation for optimism.
Shiba Inu (SHIB) has emerged as a significant crypto asset, notably in the European market. According to a recent Shiba Inu ecosystem analysis published on X, SHIB is now the second most commonly asked about cryptocurrency in Europe, after only Bitcoin (BTC).
With this surge in attention, SHIB ranks ahead of Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE) in search metrics in 21 European countries.
🤯🤯 SHIB is the 2nd most searched crypto in Europe only behind Bitcoin. The #SHIBARMY's unstoppable growth is only just beginning. Check it out for yourselves: 👇 https://t.co/SJe5ln5SSJ https://t.co/JPvJDqjnot pic.twitter.com/byPo0QDUVf
— Shib (@Shibtoken) March 25, 2024
Shiba Inu: A Rising Crypto Rival Accepted in Europe
Searches for SHIB are significantly rising in Pakistan, the Netherlands, Slovenia, Canada, and Nigeria. “Shiba Inu Coin Price,” “Shiba Inu Coin Prediction,” and “Shiba Inu Coin News” are some of the topics that are trending.
SHIB’s search popularity peaked on March 20 with a perfect score of 100, then started to decline somewhat.
In another poll, SHIB led American investors’ preferences over Solana and Cardano in an impressive turn of events that highlighted the meme coin’s growing appeal and diversity, as previously reported by ETHNews. To explore more details about this development, you can watch the following YouTube video:
Highlighted Analyst: Andrew Griffiths on SHIB’s Positive Outlook
On the other hand, crypto analyst Andrew Griffiths has spurred conversations by implying in a tweet that SHIB is poised to hit a new all-time high, with a possible price goal of $0.00005955.
#SHIB Shib chart – this is done using an experiental method #SHIBUSDT pic.twitter.com/ebkBJ4aeTn
— Andrew Griffiths (@AndrewGriUK) March 23, 2024
Notably, Griffiths underscores the importance of the last higher low as a promising indication, implying a firm basis for SHIB’s assessment and demonstrating the community’s adaptability in the face of the coin’s volatility.
Meanwhile, the SHIB token price has climbed 5.99% in the previous 24 hours, to $0.00002938. This marks a 15.78% gain over the previous week.