SHIBACOIN: Small Dog Big Bite
What Is Shibacoin Created in August 2020 by an anonymous person known as Ryoshi, Shiba Inu coin’s price is negligible, which allows investors to hold billions and even trillions of this coin. Shiba Inu and What Is A Meme Coin Shiba Inu is a breed of hunting dog from Japan, and the coin, which carries its name, is nicknamed the “DOGECOIN KILLER". A memecoin is typically a cryptocurrency that is associated with some theme, often as a joke rather than a serious product Memecoins are highly volatile cryptocurrencies that are known to witnesses sharp movements based on news events. Why Invest In SHIBA COIN (SHIB) SHIB was trading at $0.00000900 or 33.5% higher at around 12.15pm IST, as per CoinGecko, a digital currency price and information data platform. The token has a market capitalization of around $4.47 billion. Shiba Inu aspires to be an Ethereum-based alternative to dogecoin (DOGE), the world’s biggest and most popular memecoin with a market cap of over $33 billion. The token was also trading higher by 4% at $0.253684. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a circulating supply of one quadrillion. Today, there are around 500 trillion coins of this meme cryptocurrency in circulation On the other hand, blue-chip crypto, bitcoin, is up around 340% on a yearly basis. Tesla Inc chief Elon Musk recently tweeted a picture of a new Shiba Inu puppy sleeping on the floor. SHIBACOIN: What's the secret SHIBA like all things has FOBLO going for it. It's the reason why people are heavily buying into it. The hype train for it is creating a momentum to make it surpass DOGECOIN. More people are finding out about it and don't want to lose a chance to make money.