Another Memecoin SHIBAI Surges 2000%, Will It Spike High in 2023?

• SHIBA AI (SHIBAI) is trading at $0.000000002475.
• SHIBAI has increased by 2217.70% as per CMC.

Recent volatility on the cryptocurrency market has been fairly high. A meme coin named SHIBA AI (SHIBAI) is growing in popularity among cryptocurrency investors and enthusiasts in the middle of this. SHIBA AI is a decentralised cryptocurrency token that trades through Pancakeswap and runs on the Binance Smart Chain.

At the time of writing, SHIBAI is trading at $0.000000002475 with a 24-hour trading volume of $29,360. In the last 24 hours, SHIBAI has increased by 2217.70% as per CMC. Impact of social media is a major factor. To boost interest and adoption, memecoins mainly rely on internet communities.

The promotion of these tokens and the enticement of people to invest has been greatly aided by websites like Reddit and Twitter. Investors are uniting to raise the price of their preferred meme coins as a result, which has sparked a sense of urgency and communal excitement. 

Additionally Memes and internet culture have grown more  prevalent. These tokens offer investors with a unique opportunity to participate in and contribute to this cultural phenomenon. Investors can feel like they are part of a community that values humour, irreverence. And also inventiveness by purchasing and keeping memecoins.