Meme coin Shiba Inu (CRYPTO: SHIB) is seeing a rising value, with the cryptocurrency up 12% in the last day and 44% over the last week, thanks to an increased burn rate and a teaser from the coin’s developer.
Here’s a look at how much money people who got in at the start of the Shiba Inu storyline would have made today.
What Happened: Shiba Inu launched as a similarly themed cryptocurrency to Dogecoin (CRYPTO: DOGE) in August 2020. Today, the cryptocurrency is one of the 15 largest coins by market capitalization, and has appeared in the top 10 from time to time.
Shiba Inu leverages the Ethereum (CRYPTO: ETH) network and created a decentralized exchange called ShibaSwap, which includes …
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