MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

Is Shiba Inu (SHIB) about to experience another Bull Run?

December 1, 2021
in Crypto News
Reading Time: 2 mins read
A A
Is Shiba Inu (SHIB) about to experience another Bull Run?
ShareShareShareShareShare
  • Shiba Inu is preparing for another breakout. 

  • Shiba Inu is currently ranked in 11th place on CoinMarketCap. 

  • Shiba Inu has an anonymous creation team named Ryoshi.

Shiba Inu, like Bitcoin, has an anonymous creator who goes by the alias Ryoshi. It is a dog-themed cryptocurrency named after Shiba dogs. Shiba Inu are Japanese breeds of hunting dogs. It was established in August 2020 and quickly rose to stardom. Fans of the Shiba coin are generally referred to as ‘The Shibarmy’. 

Recently, Shiba Inu ranges in price between $0.00003852 and $0.00005056. It ranks in 11th place on CoinMarketCap. About 590 trillion Shiba Inu coins exist, and about 550 trillion are in circulation already. Shiba Inu has a daily trading volume of about $6.5 billion and a market cap of about $26.5 billion. 

The rise of Shiba Inu was phenomenal. Its all-time low occurred on November 28, 2020, with a value at $0.000000000056. It hit an all-time high almost a year after at $0.00008616 on October 28, 2021. This amounted to a growth of about 84,596,216.7%, pushing it into the top 15 cryptocurrencies in the world. 

SHIB / TetherUS daily candlestick chart (source: TradingView)

 From the chart, it seems like Shiba Inu is about to experience another upward break. 

Obviously, the future holds something interesting for this meme coin. The publicity it got after Vitalik Buterin sold some of his holdings and gave it to an India COVID-19 relief fund will definitely speak in the coming days.

Summary 

Shiba grew by 84596216.7% in only about a year, which is phenomenal, to say the very least. Giant movers, solid developers, and an energetic community (The Shibarmy) are the main reasons for the big pump in the price of Shiba Inu.

Credit: Source link

ShareSendTweetPinShare
Previous Post

NFTs top list as ‘crypto-art’ beats the real thing

Next Post

A look at the journey of cryptocurrencies in India

Next Post
A look at the journey of cryptocurrencies in India

A look at the journey of cryptocurrencies in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

CME Group to Launch Euro-Denominated Bitcoin, Ether Futures on August 29

CME Group to Launch Euro-Denominated Bitcoin, Ether Futures on August 29

August 5, 2022
South African Web3 Firm Fractionalizes Rare ZAR Proof Coins into NFTs

South African Web3 Firm Fractionalizes Rare ZAR Proof Coins into NFTs

August 9, 2022
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Coinbase Partners With World’s Largest Asset Manager Blackrock to convey Aladdin Client Access to Cryptocurrencies

August 5, 2022
BBVA Switzerland Expands Crypto Services with the Addition of Ethereum

Dormant Ethereum Supply Reaches All-Time High

August 8, 2022
Feds Aim to Lift Crypto Anonymity With Sanctions

Feds Aim to Lift Crypto Anonymity With Sanctions

August 9, 2022
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • Bank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation – Metaverse Bitcoin News
  • Crypto Broker Genesis Says Lending Business Declined in Q2
  • Australian crypto ownership warrants consumer protection, says regulator

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 24,493.00 6.41%
  • ethereumEthereum (ETH) $ 1,885.73 11.35%
  • tetherTether (USDT) $ 1.00 0.1%
  • usd-coinUSD Coin (USDC) $ 1.00 0.22%
  • bnbBNB (BNB) $ 330.24 3.04%
  • xrpXRP (XRP) $ 0.382065 4.77%
  • cardanoCardano (ADA) $ 0.538768 5.34%
  • binance-usdBinance USD (BUSD) $ 1.00 0.21%
  • solanaSolana (SOL) $ 44.47 11.65%
  • polkadotPolkadot (DOT) $ 9.40 7.95%
  • dogecoinDogecoin (DOGE) $ 0.071635 4.6%
  • avalanche-2Avalanche (AVAX) $ 29.58 7.55%
  • staked-etherLido Staked Ether (STETH) $ 1,822.52 11.85%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 3.4%
  • daiDai (DAI) $ 1.00 0.03%
  • matic-networkPolygon (MATIC) $ 0.938488 5.73%
  • tronTRON (TRX) $ 0.070909 3.27%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 24,474.00 6.27%
  • ethereum-classicEthereum Classic (ETC) $ 38.65 4.09%
  • okbOKB (OKB) $ 19.15 6.74%
  • leo-tokenLEO Token (LEO) $ 4.74 0.61%
  • litecoinLitecoin (LTC) $ 61.92 5.51%
  • nearNEAR Protocol (NEAR) $ 5.80 6.18%
  • ftx-tokenFTX (FTT) $ 32.06 8.7%
  • chainlinkChainlink (LINK) $ 9.00 7.14%
  • uniswapUniswap (UNI) $ 9.19 9.05%
  • crypto-com-chainCronos (CRO) $ 0.153713 6.08%
  • cosmosCosmos Hub (ATOM) $ 12.16 11.97%
  • stellarStellar (XLM) $ 0.126094 4.05%
  • flowFlow (FLOW) $ 3.03 6.23%
  • moneroMonero (XMR) $ 166.44 4.8%
  • bitcoin-cashBitcoin Cash (BCH) $ 143.30 6.97%
  • algorandAlgorand (ALGO) $ 0.366274 6.98%
  • vechainVeChain (VET) $ 0.032795 10.09%
  • filecoinFilecoin (FIL) $ 8.72 8.34%
  • apecoinApeCoin (APE) $ 7.15 6.18%
  • internet-computerInternet Computer (ICP) $ 8.46 9.27%
  • decentralandDecentraland (MANA) $ 1.08 5.79%
  • chain-2Chain (XCN) $ 0.087705 2.24%
  • hedera-hashgraphHedera (HBAR) $ 0.079782 6.54%
  • tezosTezos (XTZ) $ 1.93 8.51%
  • quant-networkQuant (QNT) $ 128.63 5.2%
  • the-sandboxThe Sandbox (SAND) $ 1.34 4.83%
  • axie-infinityAxie Infinity (AXS) $ 18.79 6.07%
  • theta-tokenTheta Network (THETA) $ 1.61 5.75%
  • elrond-erd-2Elrond (EGLD) $ 68.20 10.38%
  • aaveAave (AAVE) $ 110.52 12.44%
  • lido-daoLido DAO (LDO) $ 2.76 21.97%
  • fraxFrax (FRAX) $ 1.00 1.75%
  • eosEOS (EOS) $ 1.30 9.61%