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Wall Street Analyst Says Happy to Invest in Shiba Inu as SHIB Outperforms Bitcoin

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Wall Street Analyst Says Happy to Invest in Shiba Inu as SHIB Outperforms Bitcoin

Wall Street Financial Analyst Linda Jones has delightedly disclosed Shiba Inu among tokens in her diversified crypto portfolio amid the asset’s recent shocking price performance.

Shiba Inu Shocking Performance

Data from market tracking resources shows Shiba Inu has recorded an additional 22% gain in the last 24 hours to trade at $0.00002636. Shiba Inu had commenced an explosive rally three days ago, engineering over 70% within a 24-hour window.

Just a week ago, SHIB was trading within the $0.0000094 range. However, SHIB has cracked a multi-year high with a 177% rally to sell above the $0.000026 threshold. This shocking performance has sparked celebrations from community members, especially as Shiba Inu is now on the verge of entering the top ten.

In particular, Shiba Inu now wields a market valuation of $14.5 billion, defeating Polkadot (DOT), Tron (TRX), Chainlink (LINK), Polygon (MATIC), Toncoin (TON), and Bitcoin Cash (BCH). Now, Shiba Inu is on track to knock out Avalanche (AVAX) to become one of the top ten most prominent cryptocurrencies.

Wall Street Expert Joyous about Shiba Inu

Overall, Shiba Inu’s trajectory puts it among the top trendy coins in the digital asset space. As a result, Wall Street expert Linda Jones, renowned for her pro-XRP stance, took to X to express delight about investing in Shiba Inu.

Jones noted that while remaining a staunch proponent of XRP, being an intelligent investor is embracing diversification.

On this premise, she noted that three of her crypto investments, which included Shiba Inu, now rank among the best performers on a year-to-day (YTD) scale.

Moreover, Jones added, “And it gives me great joy that so far, all of them are outperforming Bitcoin.”

Yes, I am a huge fan of #XRP, but in the Be Wealthy & Smart VIP Experience we also invest in other cryptos. Three of our investments are in the Top 10 Performers year-to-date. And it gives me great joy that so far all of them are outperforming Bitcoin. 🙂

— Linda P. Jones (@LindaPJones) March 4, 2024

The chart accompanying her tweet suggests SHIB has grown by 98.68% since January. Notably, this percentage applies as SHIB traded at $0.00002082 when Jones took the screenshot.

Emphatically, more updated data shows Shiba Inu is up 144% year-to-day, with its price above $0.000026.

On the other hand, Bitcoin is up only by 50.33% year-to-day, considering its price at $63,546 at press time.