On-chain metrics
Shiba Inu (SHIB) was launched in August 2020 by Ryoshi, an anonymous individual or group. The project was named after the popular Japanese dog breed Shiba Inu, similar to the original dog-inspired meme coin, Dogecoin (DOGE). Shiba Inu aimed to create a community-driven ecosystem to enable users to exchange value and support social causes. Keep in mind that this is a token without any smart contract utilities and isn't backed by any asset; it is simply a token that can be transferred. Shiba currency Just like with any other asset, the price action of Shiba Inu is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of SHIB. The market capitalization of Shiba Inu can change significantly in a short period of time.
Shib crypto currency
(0%) Shiba Inu News: Shibarium Puppynet Reaches 16 Million Wallet Addresses, 15M Transactions and Counting Shiba Inu (SHIB) investors have been hit hard by the recent industry-wide crypto correction, with the token’s price momentum turning bearish. As the value of many cryptocurrencies took a dive, Shiba Inu followed suit, causing many to wonder what the next few weeks hold for this meme coin.
Short position overnight fee
SHIBA INU and DOGECOIN: The two cryptocurrencies that have taken the biggest chunk of the social media conversations amongst crypto enthusiasts. Due to the low price, Shiba Inu has been the biggest attraction for early investors. So, how high can Shiba Inu go? Will SHIB reach $1? Will it make investors happy? Will SHIB make the investors millionaire or not? Latest News The key to Shiba Inu’s future success lies in speculation and market capitalization, and Shiba has the potential of becoming the next Dogecoin. Shiba Inu is currently in the top 50 cryptocurrencies today, with a market capitalization of $2,762,340,296.49. This is a healthy number, especially when you take into account that Shiba Inu is a relatively new token in the world of cryptocurrency.