SHıBA INU CRYPTO NEWS

Shıba Inu Crypto News

Shıba Inu Crypto News

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2021 was the year Shiba Inu shined after Dogecoin. Shiba Inu, a dog-inspired token, is still one of the largest communities in the market. Now, while all altcoins, including Bitcoin and Ethereum, have lost 50% of their value from ATH prices, it is a question of whether meme tokens will ever return to the old days. In this article, let's look at the analyzes of a few websites for price predictions, keeping in mind that it lacks certainty.

Mind blown with Shiba Inu 2021 performance

Cryptocurrencies are measured by their total market cap and price. These metrics fluctuate with investors' short-term preferences. The numbers for the Shiba Inu rose steadily through 2021. The metrics showed that in October 2021, the SHIB price peaked at $0.0008, a 1000% increase from the previous 25 days. For a short time, the Shiba Inu had a larger market cap than Dogecoin. Meanwhile, it reached among the top 10 in total market capitalization.


As we reported, the Shiba community put a lot of pressure on the meme token to be listed on Robinhood. The exchange briefly listed the last Shiba. It siteye git is also among the exchanges listing Shiba on Kraken. On these dates, the meme token fluctuated in double digits for hours.

Also, the Shiba Inu has released a series of 10,000 Shiboshis – graphic design – representing the genre that is now famous. These NFTs further increase the popularity of the meme token. But investors expect more from success.

Shiba Inu announces new projects one by one

Now new use cases for SHIB are emerging. For example, Shopping.io supports it. Thus, people can use the meme token to make purchases from Amazon, eBay, and Walmart. Moreover, Newegg started adopting Shiba Inu before the holidays last year. Additionally, SHIB is now used for the new Shiba metaverse, which users can use to mint. We have covered SHIB land sales in detail in this article.

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