Shiba Inu Coin (SHIB) Price Prediction 2025-2030: A 2800x hike on the cards ONLY if…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Everyone loves dogs and memes. Now, put them together and what do you get? Well, memecoins, of course. And no, memecoins are no passing fad either. In fact, it is an asset class now.
Named after the eponymous Japanese dog breed, Shiba Inu (SHIB) is touted to be a “Dogecoin killer.” The second-most popular memecoin, SHIB is also counted among the top-15 cryptocurrencies today.
Shiba Inu was created by an anonymous developer in 2020 and has continued to grow over the last two years. It has even garnered support from industry tycoons such as Elon Musk and Vitalik Buterin. People who missed the Dogecoin party are now being drawn to Shiba Inu.
<p lang=«en» dir=«ltr» xml:lang=«en»>Big thanks to the Shiba Inu community, whose cryptocurrency made these fellowships possible!— vitalik.eth (@VitalikButerin) July 20, 2022
Built on the Ethereum blockchain, SHIB is an ERC-20 token that gives a tough competition to DOGE, the pioneering memecoin itself.
Beginning as a memecoin, the Shiba Inu coin has now become a force to be reckoned with among investors interested in cryptocurrencies. This altcoin has brought in a lot of innovative practices to how management and operations are executed.
Shiba Inu initially began its journey with a supply of one quadrillion. 50% of this supply was locked and the rest of it was burned to Vitalik Buterin, Ethereum’s founder.
Soon, the memecoin will migrate to layer-2 following the Shibarium update.
Shiba Inu has been known to be a disrupter when it comes to management and operations. The enterprise began with a supply of one quadrillion; its
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