What is Shiba Inu Coin

What is Shiba Inu Coin?

Shiba Inu (SHIB), also known as Shiba Token, is a decentralized cryptocurrency founded in August 2020 by an anonymous person or persons only known as “Ryoshi.” Shiba Inu is a Dogecoin-based ERC-20 currency that bills itself as “the Dogecoin killer” on the Ethereum platform. Shiba Inu is a token that can be transferred but has no smart contract capability or is backed by any assets or rights.

What is the Current Price of Shiba Inu?

While composing this article, The current value of the Shiba Inu coin is $0.00000622. Shiba Inu coin has had a lucky streak recently, according to FX Street, surviving a significant dip that other cryptocurrencies have endured.
The Shiba inu coin, on the other hand, nevertheless confronts some difficulties. Shib coin has attracted little attention on social media or from speculators, according to FX Street. Because cryptocurrencies like Shib and Dogecoin rely on social media excitement to attract investors, the Shiba token may lose even more support if it begins to plummet.

Price Predictions of Shiba Inu

According to Market Realist, Shib coin is anticipated to reach a value of $0.000019 per coin in 2022 and $0.000061 per coin in 2025. That would represent an almost 620 percent rise over the Shib coin’s current value, making this a terrific time to invest.

Can Shiba Inu reach $1?

Shib coin would have to increase by 12,000,000% to reach $1. Since January, the coin has surged by roughly 2,000,000 percent every month. If it continues to grow at this rate, it might reach $1 by the end of 2021, according to Market Realist.

Where to buy Shiba Inu?

Because cryptocurrency exchanges like as coinbase, Blockfi, and others have yet to add Shiba Inu to their marketplace, Binance is now the only reliable way to acquire Shiba Inu. Fortunately for us, if you have an invite link, you will receive 20% back on any Binance trades. You can get your invitation code by clicking here.

Conclusion

Cryptocurrencies are incredibly volatile, and investing in any cryptocurrency is a risk, but I am confident that Shiba Inu will make you a substantial amount of money if you invest now!

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Frans Kruyswijk

Co-Owner of The Billionaire Blog. I have been an affiliate marketer for the last 3 years. It’s all about the small things in life.

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