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Shiba Inu

Shiba Inu is a cryptocurrency created in 2020 by an anonymous person known as Ryoshi. The coin is based on the Shiba Inu dogs, a hunting dog breed found in Japan. It is widely regarded as the dogecoin killer.
Shiba Inu was built and hosted on the Ethereum platform and is an ERC-20 token; hence, it does not have its blockchain platform.

Shiba Inu trades at $0.0000594, which is way below a dollar, and had an initial supply of 1 quadrillion. The crypto’s creator Ryoshi sent half of Shiba Inu’s tokens to Ethereum’s founder Vitlik Buterin hoping that he would keep the coins.

However, Buterin did not keep the Shiba Inu tokens. Instead, he chose to burn a significant percentage of the tokens taking them out of circulation while donating the rest to India’s Covid Relief Fund and other charitable organizations.

While most investors are excited about Shiba Inu, given that it recently rallied over 700% in 30 days, they should remember the vast number of Shiba Inu tokens in circulation. As a result, it may take a long time before the altcoin can trade at 1 cent.
However, investors have recently flocked to Shiba Inu, driving its price and valuation higher, making the “meme token” the 11th most valuable cryptocurrency on the platform, right behind dogecoin, which is number 10.

Shiba Inu latest news

Cryptocurrencies
·Jul 04, 2022, 14:15 BST

Shiba Inu Coin Price Prediction: Why Shib is Poised to Grow

Shiba Inu Coin price growth has been stunted for the past few weeks, with prices trading within the support and...
Read More
Cryptocurrencies
·Jun 27, 2022, 15:50 BST

Shiba Inu Coin Price Prediction: Why a Bull Run is Almost Inevitable

Despite the recent downturn in the cryptocurrency market, Shiba Inu coin investors have something to smile about, including the recent...
Read More
Cryptocurrencies
·Jun 21, 2022, 14:39 BST

Shiba Inu Coin Price Prediction: SHIB Gives Bullish Reversal Signal

Our Shiba Inu coin price prediction is on its way to flipping bullish after bouncing off its key support. However,...
Read More
Cryptocurrencies
·Jun 13, 2022, 11:39 BST

More Bearish Shiba Inu Coin Price Predictions to Come

As predicted in the last piece I wrote about Shiba Inu, there has been a downward continuation of the trend...
Read More
Cryptocurrencies
·Jun 07, 2022, 20:38 BST

Shiba Inu Coin Price Prediction: A Further Drop Looks Likely

After an initial slump by as much as 5% on the day, bearish Shiba Inu coin price predictions are being...
Read More
Cryptocurrencies
·May 30, 2022, 15:56 BST

Shiba Inu Coin Price Prediction: Is a Drop to 2021 Lows Imminent?

The slight uptick seen in the SHIB/USDT pair appears to have bolstered the Shiba Inu Coin price predictions, but the...
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Cryptocurrencies
·May 23, 2022, 09:22 BST

Shiba Inu Price Prediction: SHIB is Crawling Back. Is it a Buy?

Cryptocurrency prices have moved in sync in the past few days. After dropping sharply on May 12th, they have all...
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Cryptocurrencies
·May 16, 2022, 09:23 BST

Shiba Inu Price Prediction: Is the Recovery Still Intact?

The Shiba Inu price recovery has stalled, signalling that the recent rebound may have been a dead cat bounce. The...
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Cryptocurrencies
·May 09, 2022, 11:31 BST

Shiba Inu Price Prediction: Hard to Be Optimistic About SHIB

The Shiba Inu price crossed an important support level as demand for digital currencies evaporated. The SHIB token is trading...
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Cryptocurrencies
·May 03, 2022, 09:58 BST

Shiba Inu Price Prediction for May 2022

Shiba Inu, like other cryptocurrencies, did not have a good performance in April as worries about the hawkish Federal Reserve...
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