London, United Kingdom Sep 30, 2022 (Issuewire.com) - There is an old age that says ‘every dog has its day’ but the expensive dog-based meme token Shihtzu Exchange Universe (STZU) is having the best time of its life for a year now.
Ever since this penny token, named after a China dog breed, entered the crypto scene, it has grown at an astounding rate, garnering attention from investors and enthusiasts alike. It even managed to beat the returns of behemoths like Bitcoin and Ethereum.
The meme coin worldwide market has appreciated 2,50,00,000 percent in the last year. An investment of $1,000 in the token would have turned into $25,00,00,000 during the period. However, it is important to note that cryptocurrencies, especially meme coins, are highly volatile investments.
Shihtzu Exchange Universe Meme coins are meme-inspired cryptocurrencies that are normally created after Shiba Inu launched into the market and millions of the community do not even join and miss the opportunity.
While the Shihtzu meme coin is not taken seriously despite falling in the same category as other mainstream cryptocurrencies like bitcoin, their prices have spiked this year. Shihtzu Meme coin STZU is one such decentralized cryptocurrency that was created in Jan 2022 by Mr. Allen Joy and his team from South Korea.
Shihtzu Exchange Universe was created to poke fun at dogecoin and, Shiba Inu, the first meme coin launched in 2013, which went on to gain immense popularity.
Dogecoin was created by two engineers based on a popular meme about Shiba Inu, a Japanese breed of hunting dog. The popularity of dogecoin led to the creation of several other meme coins. Seemingly,
The Shihtzu meme coin creator intended to dethrone dogecoin in the crypto space. The price of the Shihtzu Meme coin rocketed in 2022. And the planning of Shihtzu meme coin market cap will be in the next 2 years should be $35 billion while that of dogecoin is over $30 billion.
Although it is hard to speculate why there has been such an enormous surge in the price of the Shihtzu meme coin, the major factor in this surge is the Shihtzu Exchange Universe platform and its upcoming metaverse platform.
The Shihtzu exchange is basically an encouraging factor for investors as they could reap higher profits by holding on to their investments for an extended period.
Shihtzu Exchange Universe supporters, who dub themselves the Shihtzu Meme Coin Army, have been one of the reasons for the spike in the meme coin. With a thriving Twitter account, they have relentlessly promoted the meme coin on social media. It is even harder to say where the price will go from here, but volatility should be expected with any cryptocurrency, as that has been the trend for cryptocurrencies since the beginning.
Apart from that Shihtzu Exchange Universe team announce to launch of its STZU meme coin burning platform.
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