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What is Shiba coin?
Here’s what you need to know about SHIB coin: Its real name is ‘Shiba Inu coin.’ But everyone calls it SHIB coin for short. The name is taken from the dog breed that is the mascot for Dogecoin. How much is SHIB worth? At the time of this writing, one SHIB is worth about $0.00003359. In other words, SHIB is literally worth less than a drop of piss.Is Shiba Inu the 'Dogecoin killer'?
The support propelled the once-obscure cryptocurrency into the mainstream and it had one of the best runs of its lifetime. This rise fuelled interest in another coin that was based on the same Japanese breed dog meme that Dogecoin appropriated earlier. This coin was named Shiba Inu. The creators of Shiba Inu have touted it as the “Dogecoin killer”.What is the next Shiba Inu?
Best Crypto to Invest in 2022 Last year saw a huge increase in the value of the meme coin, Shiba Inu. A $100 investment in Shiba Inu in January 2021 would have returned a huge ROI, and some early investors in since 2020 would’ve became billionaires if they had held.Is Shiba Inu coin launching a decentralized exchange?
In the case of Shiba inu coin, however, there seems to be a legitimate attempt by the development team to provide more value to SHIB holders, including launching a decentralized exchange in July. Notably, the desire to provide more utility to users has seen the self-proclaimed “doge killer” become the second-most popular meme coin in the market.