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Data shows most exchange trading activity came from altcoins ahead of the big-three cryptocurrencies this year. And leading the charge were two Shiba Inu-inspired cryptos. Cryptocom shiba The CEO also pointed to comments by Securities and Exchange Commission chair Gary Gensler, who told Congress Tuesday that he doesn’t plan on banning cryptocurrencies — a possibility that had been a “major overhang” for bitcoin, according to Denier.Crypto com shiba
Yes, Shiba Inu is a very risky, speculative investment. Cryptocurrencies can be extremely volatile, and SHIB's recent gains may make it vulnerable to a significant decline. Shiba Inu also has very limited utility, and its value is based mainly on a social-media-fueled speculative frenzy. So, is Shiba Inu a Good Investment? Shiba Inu was created in August 2020 as an alternative to Dogecoin (DOGE), another meme coin that uses the Shiba Inu dog breed as its mascot. SHIB is built on the Ethereum blockchain and was launched with a total supply of one quadrillion—making it far more prevalent than other cryptocurrencies like Bitcoin.
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Specifically, the AI bot predicts that Shiba Inu could trade at a minimum of $0.0000135786 in early 2024, which would still represent an increase of 65.62% from its price at press time. On the other hand, it said that “the maximum price may reach up to $0.0000161984,” which would be a gain of 97.57%. Crypto.com has removed Dogecoin and Shiba Inu from its Earn program The most recent update on Shibarium came on July 20, 2023, when Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, announced that the mainnet launch of Shibarium is scheduled to take place at the Blockchain Futurist Conference in Toronto, Canada on August 13-17, 2023.Shiba inu crypto com
SHIBArmy has made sure that Ryoshi’s vision for Shiba Inu Coin has come true. Since its humble beginning, the meme coin has gained so much steam that hundreds of prominent companies now accept Shiba Inu as payment. Here's how and where you can pay with SHIB. Start your Shiba Inu journey securely SHIB is not intended to be a currency but rather a community token that can be used to interact with the Shiba Inu ecosystem. The ecosystem includes a decentralized exchange called ShibaSwap, a non-fungible token (NFT) marketplace, and a metaverse called Shibarium.