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Your email address will not be published.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

What Federal Charges Against Bitzlato Mean for Cybercrime

What Federal Charges Against Bitzlato Mean for Cybercrime

January 24, 2023
Majority Of Retail Investors Not Concerned With Crypto Winter

Majority Of Retail Investors Not Concerned With Crypto Winter

January 23, 2023
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says – Regulation Bitcoin News

Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says – Regulation Bitcoin News

January 24, 2023
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack

Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack

January 27, 2023
ECB To Put Digital Euro Decisions In The Hands Of Lawmakers

ECB To Put Digital Euro Decisions In The Hands Of Lawmakers

January 24, 2023
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!

  • U.S. President Joe Biden’s administration released a statement on Jan 27
  • Will Jim Cramer’s Bitcoin Price Prediction Be Wrong Again?
  • Enjin Coin (ENJ) And Huobi Token (HT) Holders Begin Migration To Orbeon Protocol (ORBN)

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) $ 23,410.00 1.96%
  • ethereumEthereum (ETH) $ 1,608.27 1.54%
  • tetherTether (USDT) $ 1.00 0.05%
  • usd-coinUSD Coin (USDC) $ 1.00 0.03%
  • bnbBNB (BNB) $ 316.89 3.34%
  • xrpXRP (XRP) $ 0.413446 0.39%
  • binance-usdBinance USD (BUSD) $ 1.00 0.02%
  • cardanoCardano (ADA) $ 0.390693 1.38%
  • dogecoinDogecoin (DOGE) $ 0.089796 0.81%
  • matic-networkPolygon (MATIC) $ 1.17 4.95%
  • okbOKB (OKB) $ 39.54 2.52%
  • solanaSolana (SOL) $ 24.29 0.34%
  • staked-etherLido Staked Ether (STETH) $ 1,605.46 1.49%
  • polkadotPolkadot (DOT) $ 6.58 1.8%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 1.55%
  • litecoinLitecoin (LTC) $ 94.88 7.76%
  • avalanche-2Avalanche (AVAX) $ 20.60 0.35%
  • tronTRON (TRX) $ 0.063633 1.38%
  • uniswapUniswap (UNI) $ 6.88 2.26%
  • daiDai (DAI) $ 0.999894 0.03%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,333.00 1.76%
  • cosmosCosmos Hub (ATOM) $ 13.52 1.6%
  • the-open-networkToncoin (TON) $ 2.49 1.64%
  • chainlinkChainlink (LINK) $ 7.36 1.37%
  • leo-tokenLEO Token (LEO) $ 3.66 1.84%
  • moneroMonero (XMR) $ 183.14 1.61%
  • ethereum-classicEthereum Classic (ETC) $ 22.29 2.45%
  • aptosAptos (APT) $ 18.03 4.86%
  • bitcoin-cashBitcoin Cash (BCH) $ 136.20 2.42%
  • stellarStellar (XLM) $ 0.093584 0.77%
  • apecoinApeCoin (APE) $ 6.10 2.06%
  • quant-networkQuant (QNT) $ 150.91 0.81%
  • nearNEAR Protocol (NEAR) $ 2.53 1.11%
  • crypto-com-chainCronos (CRO) $ 0.082012 0.94%
  • filecoinFilecoin (FIL) $ 5.36 1.04%
  • lido-daoLido DAO (LDO) $ 2.27 0.25%
  • algorandAlgorand (ALGO) $ 0.260745 2.23%
  • vechainVeChain (VET) $ 0.024643 2.17%
  • internet-computerInternet Computer (ICP) $ 6.09 3.87%
  • hedera-hashgraphHedera (HBAR) $ 0.068642 0.79%
  • decentralandDecentraland (MANA) $ 0.761696 9.59%
  • axie-infinityAxie Infinity (AXS) $ 11.74 1.66%
  • aaveAave (AAVE) $ 86.87 0.65%
  • the-sandboxThe Sandbox (SAND) $ 0.774997 5.39%
  • fantomFantom (FTM) $ 0.474354 3.29%
  • eosEOS (EOS) $ 1.10 0.8%
  • flowFlow (FLOW) $ 1.09 1.02%
  • elrond-erd-2MultiversX (EGLD) $ 44.96 1.44%
  • theta-tokenTheta Network (THETA) $ 1.10 1.86%
  • tezosTezos (XTZ) $ 1.16 4.85%