Shiba Inu Mentioned on Fox Turkey TV Network (Ekonomi-Arasi) as SHIB Goes Viral

Shiba Inu is Mentioned on Fox Turkey as SHIB Goes Viral.

Shiba Inu has become a popular cryptocurrency in the last 48 hours, mainly on social media and crypto news websites. Shib fame has gone beyond what was thought initially as the meme token was mentioned on FOX Turkey, one of the leading free-to-air TV networks broadcasting in Turkey.

This is the second big news coming from Turkey, after the country’s Minister of Economy, Mustafa Elitaş discussed the coin with Shiba Inu Türkiye, a Shiba Inu supporter from Turkey. 

Image Source: https://www.fox.com.tr/Ekonomi-Arasi/bolum/108 (Shiba Inu is discussed after 4:10 Seconds onwards)

Turks and crypto 

The relationship between Turkish citizens and cryptocurrencies is an old one, considering the fact that the Turkish Lira has been on a free fall for years. Many of them have decided to acquire Bitcoin as a hedge against the inflation that is eating up their currency. Since they have been buying Bitcoin, it may be easy for them to consider buying tokens such as Shiba Inu.

This is primarily because it is cheap and according to meme coin bull David Gokshtein, SHIB has the potential to go much higher from here because it serves as a gateway into crypto for new investors. The recent appearance of SHIB on TV in Turkey and the discussion held by the Minister of the economy both point to the fact that SHIB may be about to find a place among Turks.

Meanwhile, the token is already in the green as the crypto market has bounced back. The new widespread popularity of the token is likely to attract more buyers which could further push the price up. 

Shiba Inu achieved much

Shiba Inu is the second-largest meme token in the crypto market after Dogecoin. Recently, the team behind the token has been working to make it better and increase its value. Such efforts include the token burn to reduce circulating supply, the launch of an NFT collection, a Metaverse, and the recent listing on Robinhood.

These could be the factors that have led to the current popularity and if this continues, then the token may indeed reach the predicted $0.001 price level even if it doesn’t get to the $1 mark.