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SHIB Faces Mass Adoption in Turkey, Preps To Hit $.00006 Soon

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14
Mar
  • SHIB accepted in private ambulance company in Turkey.
  • As a result, Shiba Inu faces mass adoption in Turkey.
  • In terms of crypto market rankings, SHIB remains at the top 20.

As the world of crypto assets continues to evolve, many companies in and out of the industry are mass adopting altcoins to provide a wider range of payment options. Shiba Inu (SHIB) is one of the altcoins that attract the attention of the company Vita Private Ambulance. In detail, the private ambulance company is based and operating in Turkey.

This made crypto enthusiast Watcher.Guru react in a tweet post:

In terms of marketing reach, the team behind SHIB in Turkey had the chance to sit with the Turkish Government Minister of Economy. This encounter allowed the SHIB team to showcase the technology of digital assets and its potential benefits. Indeed, this scenario made SHIB one step ahead of its competitors in the country.

Meanwhile, SHIB continues to attract more investors as it expands its brand across the world. Currently, the crypto ranks as one of the top 20 cryptos in the market. Moreover, it has a huge market capitalization of over $12 billion with a 24-hour trading volume of almost $500 million. The huge funds that SHIB accumulated on its network prove that SHIB remains one of the favorite assets in the space. 

Source: TradingView

On the other hand, SHIB maintains its uptrend position. As seen above, the crypto keeps moving above the Arnaud Legoux moving average (ALMA) — a bullish signal. If this trend goes on, SHIB might be able to break its $.000022 resistance level and reach the price of $.000023. 

If it does, the doors towards the skyrocketing price from $.00004 to $.00006 will open, a price level that could drive a frenzy across the SHIB community.  

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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