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What is Shiba Inu and the Shib token?

Shiba Inu aimed to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin ( BabyDoge ), Dogecoin ( DOGE ), JINDO INU ( JIND ), Alaska Inu ( LAS ), and Alaskan Malamute Token ( LASM ).

What are Dogecoin and Shiba Inu?

Becoming arguably the most discussed and popular cryptocurrency, for the time being, Dogecoin inspired many to create tokens bearing similar characteristics – the common trait they share is that they are all named after a dog breed, most of which take after Shiba Inu.

What will the Shiba Inu coin price be in 2029?

According to technical analysis, the SHIB price will trade between $0.00020573 to $0.00024440 in the year 2029. However, the average traded price, around which the maximum trades will occur, will be $0.00021284. Crypto experts predicted that the expected average trading price of the Shiba Inu coin in 2030 would be $0.00030921.

Is Shiba Inu in the S&P 500?

Were SHIBA an American company and not a cryptocurrency, it would feature in the S&P 500. May 10: Binance lists Shiba Inu in the innovation zone, with two trading pairs: SHIB/BUSD and SHIB/USDT. Two other prominent exchanges — BitForex and KuCoin — list the SHIB token.

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