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Oct 5, 2023 · After creating the meme coin less than a year earlier, Ryoshi vanished from social media and left Shiba Inu’s future in the paws of the SHIB Army. At first glance, Ryoshi’s disappearance looked like another classic crypto rug pull. But despite the odds, the Shib Army rallied.
- Blockchain Writer
- Shibarium Launch
- Coin Burning
- What Happened to The Metaverse?
- Should You Buy Shiba Inu?
The primary catalyst that was supposed to catapult this doggy meme coin into orbit this year was the launch of Shibarium, a Layer-2 scaling solution that was supposed to make Shiba Inu faster, cheaper, and easier to use. As a result, developers would be falling all over themselves to build on top of Shiba Inu, right? Wrong.It turns out that Shibari...
The second catalyst that was supposed to boost the price of Shiba Inu was coin burning, the process of sending coins to an unusable blockchain wallet, thus taking them out of circulation. Simply stated, coin burning is all about reducing the circulating supply of a coin. In the case of Shiba Inu, there's a huge circulating coin supply (589.5 trilli...
Finally, there's the matter of the Shiba Inu metaverse project. When it was first announced, it sounded exciting. Shiba Inu seemed to be at the forefront of the metaversetrend. But as things stand now, there's still far too much hype about this project. The game experience does not yet exist -- all you can do is buy virtual land in a metaverse worl...
At the end of the day, I don't think Shiba Inu even has value as a pure short-term momentum play. There are other meme coins right now that are generating more momentum than Shiba Inu, including a new frog-themed meme coin that is up more than 2,100% over the past month. There's an old adage in the financial markets: "Sell in May and go away." That...
Oct 27, 2021 · Ryoshi, in the paper, says that the coin—along with the “Shiba Inu ecosystem” that includes the ShibSwap exchange and a decentralized Shib Army of developers, coin holders, and fans—was an...
Nov 5, 2021 · Shiba Inu ( SHIB -2.00%) has lost significant ground over the last week. The cryptocurrency's price per token was down roughly 16% across the last seven days of trading as of 4:30 p.m. EDT on...
Nov 4, 2021 · Social media was set ablaze last week with the revelation that an unknown person invested $8,000 in Shiba Inu in August 2020, before its massive bull run. This wallet holds an unbelievable 70...
- Jon Quast
What Happened: SHIB, also known as Dogecoin (CRYPTO: DOGE) Killer, dropped nearly 2% in the last 24 hours, even as the rest of the market, including memecoins, recorded significant gains.
1 day ago · Updated at Jun 13, 2024 05:31:08 AM. The live Shiba Inu price today is $0.00002167 USD with a 24-hour trading volume of $758,286,475.89 USD. We update our SHIB to USD price in real-time.
