As we slowly emerge from the crypto winter, people have started to turn their attention to memecoins. And a lesser-known Doge-themed token is also picking up steam, as memecoins have started to gain interest again, with Dogecoin’s trading volume reaching 35% of his.
But are they worth the investment? In this article, we explore what ShibaNova is and why it’s pumping. We then make a potential ShibaNova price prediction based on some facts available about this token.
What is Shibanova?
ShibaNova is a decentralized exchange. A DEX and AMM automated marketplace maker built on the Binance Smart Chain. This project aims to solve one of the biggest problems of decentralized finance, pumping the value of tokens for a certain period of time and later decreasing the price to zero.
To solve that problem, ShibaNova aims to turn token holders into investors. This means that anyone who holds tokens is entitled to receive up to 75% of transaction fees. Liquidity Holders can also contribute to ShibaNova’s liquidity pool and earn passive income. Combined, these features make DeFi 2.0, as ShibaNova says. Underpinning these features is NOVA, the platform’s native crypto.
ShibaNova claims to use this “revolutionary” idea to make cryptocurrencies worthwhile for both whales and small investors.
In addition to NOVA tokens, the ShibaNova firm also distributes staked NOVA or sNOVA to liquidity-providing holders. Holding sNOVA means that the holder also owns liquid shares.
To become an investor in the ShibaNova project, one does not have to. bet the token However, you just need to keep sNOVA in your crypto wallet. In return, the protocol offers 75% of swap fees paid in her BNB or BUSD.
Needless to say, this project has some very big ideas and is sure to attract the cryptocurrency crowd. Only use the current value of the token in CoinMarketCap.
At the time of writing, ShibaNova is up 57.89% and is trading at $0.012. For many, the token’s success is a sign of hope. However, since this token is one of the lesser known cryptos on the market, we recommend doing a little more research before considering it a smart investment.
Why is my ShibaNova pumping?
One thing that is clear is that there is no clear website for this crypto.It was only by visiting the ShibaNova Crypto Twitter channel that I was able to find the website, but even that is not easy to find. was. Concerned as the token has made many waves since August 5thth2022.
After comparative experience No price action Starting in July 2022, NOVA started making repeated bullish patterns on the price chart.and on August 16ththuntil 19 August 2022thIn 2022, the NOVA price graph formed a straight line before pumping again.
From the graph below, we can see that they do not form a standard pattern. There have been many spikes that make it difficult to make discernible ShibaNova price predictions.
However, the only redeeming factor for this token is the bullish development of P2E gaming. NOVADEX, the official name of ShibaNova’s decentralized exchange, speaks to the legend of Novalia. An MMO space shooter where you can play by replacing BNB with NOVA.
So far, the game’s official video has received over 21,000 views since January. The game hasn’t launched yet but if it does you’ll see an uptrend forming.But the last comment on this video was his 6 months ago and a lot of people could be seen as a red flag for
That said, there are some issues with this cryptocurrency that you might want to look into before investing.
Difficult to find website
The website is not easily searchable. I have ShibaNova.io, but I just recently parked it.
marketing is low
With over 15,000 followers on Twitter, ShibaNova isn’t getting much engagement right now. Also, there is no traceability on Reddit, GitHub profile or trading view.
Little talk about the Play2Earn ecosystem of tokens
We already mentioned that the last comment on the official Legends of Novalia video was 6 months ago. And the development team behind this token has not provided any further updates regarding the play2earn game.
Based on these, I think Shiba Nova has potential. However, there is very little background information on this crypto, so I cannot recommend this cryptocurrency to most people yet. Perhaps more information about this crypto in mainstream news outlets might give us some confidence. But that day is not today.
What we can recommend instead is one of the best cryptocurrencies with far better use cases and amazing aesthetics. This is one of the best meme coins to launch this year and you can find all information about this crypto on its official website. This crypto is a nightmare.
Tamadoge: Reliable Memecoin
Memecoins often sound like a joke. But because of that, even the most avid crypto watchers don’t recommend it. However, Gyokudomo is a different breed. Hidden under the guise of memecoin is a utility crypto that powers a great P2E ecosystem with many rewards and utilities.
Below are the reasons why we consider Madoge to be a safer and better alternative to Shibanova.
A clearly defined roadmap
Tamadoge has a clear roadmap. The developer plans to create a Tamaverse in which 3D versions of the Tamagoge Pets, NFTs in the Tamagoe Ecosystem, can live.
Improved play-to-earn mechanism
ShibaNova’s play-to-earn mechanism is not clear and has been cut. But for Tadpoles, the rules are simple. Buy, feed, breed, and raise a Tadpole pet as a puppy. As they grow, they can fight in the PvE ecosystem and earn Doge Points based on their skills. The player with the most Doge Points by the end of the month will earn his TAMA Tokens as a reward.
I couldn’t find anything about the developer behind ShibaNova. Tamadoge, on the other hand, is transparent about most developers that are important to the ecosystem.
Tamadoge is based on the Ethereum blockchain
Tamadoge is based on the Ethereum blockchain, a proven and trusted chain for building play2earn applications. Binance Smart Chain isn’t far behind, but it still has a lot to prove to people.
CEX launch coming soon
With the speed of TAMA’s presale, we believe we will be able to reach our presale goal by the end of this year. And at that time, LBank will be the first of his CEX to list it.
One of the biggest reasons we prefer Tamadoge over ShibaNova is that the cryptocurrency cloud sees Tamadoge. Major publications like us and others have covered Tamadoge. Be more organic. Real cryptocurrency enthusiasts are backing and talking about this token.
Tadpole is the best Memecoin to invest in right now
Memecoins have a bad reputation for lack of utility and Tamadoge is here to change that. ShibaNova is looking to do the same, but its progress is slow and we don’t know when the major players will talk about it. The 6th TAMA pre-sale is being held. It’s better to get it before the TAMA price hike.
Tadpole – Play to Earn Meme Coins
- Earn TAMA from fighting a Doge’s pet
- 2 billion capped supply, token burn
- NFT-based metaverse game
- Presale live – tamadoge.io
What is ShibaNova and why is it pumping? ShibaNova Price Prediction
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