What is Shiba Coin? Can Shiba Coin Hit $1?

Shiba Inu (code: SHIB) is also known as Shiba Token, a non-central crypto currency created by an anonymous person known as "Ryoshi" in August 2020. The crypto money, called "DOGE Killer", was released after Dogecoin. As of may 2021, it has a market value of over 6 billion dollars. The price is very low, allowing users to buy "billions, even trillions". At the moment, about 400 trillion Shiba Token are circulating. We are working on the Shibarium network to reduce transfer charges.

Can shiba coin hit $1 ?

The dog name in its logo comes from Shiba Inu and is a Chinese word for "shiba" in Japanese. Inspired by Dogecoin, it was developed, but continued with the slogan "DOGE Killer" in line with its goal of becoming more successful than Dogecoin.

Shiba Inu was created in August 2020 by an anonymous founder known as "Ryoshi", inspired by another crypto currency, Dogecoin. The token price at the time was insignificant until it reached US$0,000002 on April 20, 2021. On may 9, 2021, the price peaked above US$0,000009 and peaked at US$0,0000388 on may 10, 2021. He's currently on the crypto money market at 14. According to the highest market value, CoinMarketCap, it had a market value of over 13 billion.

Can shiba coin reach 1 cent?

In early 2021, Vitalik Buterin donated more than 50 trillion Shiba Jetons to the India COVID-Crypto Relief Fund, where his founder was Sandeep Nailwal. To comply with India's Foreign Contribution Law, Nailwal said the fund gradually converted tokens into dollars and then rupees, and nearly 80% so far have been completed. By 13 may 2021, the price dropped by 40% to $0.000018.

Are shiba coins being mined

Shiba Token; Kucoin, CoinBene, Probit Global, CoinDCX, WazirX is listed on the Binance, Crypto.com, Huobi, gate.io and OKEx stock markets.

Are shiba coins being burned?

The exchange price of the crypto currency increased significantly in early October 2021. After speculation that a non-central stock exchange was launched, it initially increased by more than 55%, with a 240% increase over the week.