The alt-coins season has brought forth several meme-currencies and one among the top and growing contender is YooShi Token. The coin made its debut in the indices on May 18, 2021 at the price of $0.000000247398. YooShi successfully knocked out a zero from its trade and is at present trading with only five ‘zeroes’.
The coin rose +1,331% in the last three months and delivered good returns in the last 30-days, as it shot up +1,070%. Investors who took early entry position have reaped the rewards of a phenomenal growth. The coin reached an all time high (ATH) of $0.00000419 on October 30, 2021 and is -27.6% from its ATH.
Good Time To Buy YooShi Token?
YooShi is still considered a novice player in the market and is yet to be discovered by the investors’ community. The token has managed to grab the attention of 341,492 holders and is marching towards reaching 400,000 holders. It also reached a circulation market value of $1.2 billion.
Surprisingly, YooShi has reached the shores of India and many Indian investors are jumping on the bandwagon. The token is available at less than a Cent and is a low hanging fruit. Investors who believe they missed the bus on Dogecoin and Shiba Inu’s rise are buying YooShi Token in the hopes of making it big.
Mayank Kharayat, a top crypto influencer from India said in his latest YouTube video that he’s bullish on YooShi. He did a video titled ‘Yooshi – Is it going to be the next Shiba INU’ and called it a ”threat to other meme tokens”.
”Out of nowhere it has reached the top 100. The chart shows it traded flat from May to October and only in October people jumped on YooShi and purchased it,” Mayank is heard saying the video. Nonetheless, he advised investors to do more research before jumping on the coin.
YooShi’s community is growing by the day and if the token keeps up with the same vibe in the long run, its price could do wonders. Community involvement plays a crucial role in the growth of meme-currencies and could break or make the coin.
The positive aspects of community involvement has done wonders to Dogecoin and Shiba Inu. Nonetheless, maintaining the same involvement in the long run is a challenge to YooShi.
At the time of publishing, YooShi Token was trading at $0.00000306 and is down -9.2% in the 24-hours day trade.