Posts

Showing posts with the label shiba inu&#8217

Here's how Shiba Inu added 100K holders this year

Image
Few crypto assets have the potential to become well-known brands. Shiba Inu was one such meme coin that managed to do the impossible. With 43 million more views than Bitcoin in 2021, Shiba Inu was the most well-liked cryptocurrency. Since 2021, this altcoin has arguably made the most noise, rising to the top of the cryptocurrency pack. Shiba Inu’s market cap at one point was at par with Dogecoin [DOGE]. But of late, the cryptocurrency has slipped even further behind DOGE. SHIB, which has a market cap of $5.9 billion, is ranked 13th among all digital currencies, according to tracking from Coingecko. At press time, it was trading at $0.00001034, having lost 4.94 percent of its value over the previous week. Given the current state of affairs, one may assume that investors would steer clear of cryptocurrencies. However, in an unexpected turn of events, Shiba Inu welcomed a sizable number of new holders this year despite the bear market.  This development completely cau...