Shiba Inu holders have been hoping the coin will be added to Robinhood Markets’ trading platform, spurring increased demand and adoption for the token .
Read moreWhat was the highest market cap for Shiba Inu?
Shiba Inu was recently priced at roughly $0.000034, down more than 50% from its lifetime pricing high of $0.00008841 per token. Climbing back to its lifetime high would bring the token’s market cap back up to roughly $50 billion . From there, it would only need to double once more to hit the $100 billion threshold.
Read moreHow can I buy lovely Inu coin in India?
How to buy Lovely Inu
Read moreWhat is the future for Shiba Inu?
By the end of 2022, Shiba Inu may already grow in the vibrant ecosystem it strives to be . According to their roadmap, 2022 is also when they plan to launch the Shiba Inu Incubator and the Shiba Inu Reward system. According to Wallet Investor, the long-term earning potential is over +115% in one year.
Read moreIs Shiba Inu burning tokens?
has started testing the burn portal developers announced last month. By burning the tokens, the supply is reduced, effectively making Shiba Inu deflationary. According to a website which tracks the burning of Shiba Inu, over 410 trillion tokens have been burned so far .12 Mar 2022
Read moreIs it too late to buy into Shiba?
It’s not or never too late and you can as well make a lot of money. You can not call Shiba Inu token a scam, but overall they serve no real purpose in cryptocurrency world. They are meme coins (Shitokens). These tokens are 100% Premined and are made just to make the developers billionaires.
Read moreShould I still buy Shiba Inu?
While these developments may be promising, it’s important to keep in mind that Shiba Inu is still an extremely risky investment . It does have more real-world utility than in the past, but the crypto space is highly competitive. At the moment, there’s not much that sets Shiba Inu apart from other cryptocurrencies.
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