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If these two meme coins swap places, then Shiba Inu could theoretically lose 50% of its value. Should you be investing in meme coins? It is easy to understand the allure of investing in meme coins.
How Much Is Shiba Inu Coin Worth? According to CoinMarketCap, shiba inu crypto is worth $0.000009394 as of Dec. 5. That represents a more than 88% decrease from its high of $0.00008 on Oct. 26, 2021.
There is one way Shiba Inu can reach $1, ... The total value of all coins and tokens in circulation fell to $821 billion, down from a record high of $3 trillion. ... more regulated way to invest ...
If Shiba Inu remains popular over the long term, it could eventually shed the meme-coin stigma and become more accepted as an investment vehicle despite its lack of real-world utility.
Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". [1] It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin , another cryptocurrency with meme origins.
Shiba Inu staged an incredible run in 2021 when it delivered a return that could have grown a mere $3 investment into over $1 million. Shiba Inu reached an all-time high of $0.000086 in 2021, and ...
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