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Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". [1] It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin , another cryptocurrency with meme origins.
At the current token price, Shiba Inu has a market capitalization of about $18 billion. Simple math suggests that at a price of $1 per token, its market cap would be $589.3 trillion.
How Much Is Shiba Inu Coin Worth? According to CoinMarketCap, shiba inu crypto is worth $0.000009394 as of Dec. 5. That represents a more than 88% decrease from its high of $0.00008 on Oct. 26, 2021.
Meme-coin mania has led to big gains for Shiba Inu. But are they sustainable heading into next year? ... that leads to a $32 billion market cap for Shiba Inu and an implied price of $0.00005 per ...
China based cryptocurrency, formerly ANT Shares and ANT Coins. The names were changed in 2017 to NEO and GAS. 2014 MazaCoin: MZC BTC Oyate Initiative SHA-256d: C++ [39] PoW: The underlying software is derived from that of another cryptocurrency, ZetaCoin. 2014 Monero: XMR Monero Core Team RandomX C++ [40] PoW
Can this little meme coin replicate its massive gains from the past four years?
Notable examples include Dogecoin and Shiba Inu. [3] In late 2021, advertisements promoting the meme coin Floki Inu in London led to subsequent investigations around promoting the meme coin, considered to be an unregulated financial product by the ASA (The Advertising Standards Authority). [4] Some countries have taken steps to regulate meme coins.
If Shiba Inu actually reaches $0.01, its market cap would nearly hit $5.9 trillion -- compared to a combined market cap of $2.3 trillion for the entire crypto market today. And according to Shiba ...
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