GamingShiba (GAMINGSHIBA) looked like it could have some legs for a while, but its incredible run has come to a halt for now. This crypto may still have some gas left in its tank, but at the moment, the price change is a drop of 0.55% over the last 24 hours.

That’s a long way from where GamingShiba was just a few days ago. This digital token was seeing an incredible gain day over day, even increasing by more than 80% in a single 24-hour period. Now, it looks to have stalled before reaching anywhere close to $1.

As a very new cryptocurrency, GamingShiba probably has a lot more life left in it. The crypto could break out again and see a price hike soon, especially at this point where the price change from one day to the next is so negligible. That could mean that it is preparing to move quickly and powerfully again.

Trade volume for GamingShiba is down 34.40% for the day, so interest is waning at the moment, but that could give some investors an opportunity to buy it up at a low price before the rates start shooting upward again.

Recent Spikes for GamingShiba

Just yesterday, this crypto skyrocketed, starting at $0.000000000138 (GAMINGSHIBA/USD) and moving up to $0.000000000335, practically doubling its value over the course of a few minutes. Then, the price dropped dramatically a few minutes later, leaving behind a massive spike on the charts and memories of lost opportunity.

Because this spike happened only yesterday, there is reason to believe we may see something like that again for this crypto. GamingShiba has had a few spikes like that recently, so it’s definitely a token to pay close attention to if traders are going to take advantage of price increases. The higher rates could be only temporary and could disappear quickly.

There was a similar spike earlier in the same day (Thursday), and we may still yet see similar activity this week. GamingShiba has made some waves recently with its massive rate increases, so investors are starting to pay some attention to it, despite its very low ranking. It is moving more than a lot of the major cryptos are, making it a good short term investment opportunity.

Because this crypto is still relatively new, we don’t know how well it will fare in the long run. It could flame out soon or prove it has long legs in the coming months. For now, we advise getting ready to pounce on the crypto if the rate shoots up, taking advantage of the increase to sell quickly before it falls again. We could be in for a lot more spikes like what we have seen recently. Buying it as a long-term investment, however, is not advisable at this time.