Another Meme Coin is shooting to the moon by up to 55% within a day during difficult economic situation. However, Saudi people enjoy good economic conditions since oil price pumped up hard too. This opportunity may belong to Saudi Shiba Inu Token to prove itself in crypto world that recessions are nothing for oil backed countries.
Surely, skyrocketing Saudi Shiba Inu is focused on richer population to support token’s market price being built on top of most secured Binance Smart Chain network. It also provides Saudi kind of NFTs representing Shiba Inu.
Safest betting idea on Saudi Shiba Inu would be the obvious assumption of Muslim population with lesser debt compared to Western ones might pump this token in initial stage to enhance effective liquidity. Most important catch here is the unique Tokenomics created by Saudi Shiba Inu developers to ensure less fuss or panic among investors through 2% Buy 2% Sell with automatic staking and 6% Buy 8% Sell with automatic liquidity.
In other words, market price of Saudi Shiba Inu can get stable over time even large whales sell enormous amount due to safe price cushion supported from 6-8% of sales will go to liquidity pool. Verily, it’s current price shot appears to get from strong Muslim fanbase with good income.
Cryptocurrency investing comes at a large risk, beware of scams and rug pulls, this is why do your own research before entrusting others with hard earned money.