Shiba Inu Coin (SHIB) Price Prediction 2025-2030: Why a 2800x hike is likely after Shiba Eternity
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. Shiba Inu (SHIB) is a popular memecoin that takes its name from a breed of Japanese dog. The second-most popular memecoin, it is marketed as a “Dogecoin killer.” Today, SHIB is one of the top 15 cryptocurrencies in existence.
Here’s AMBCrypto’s Price Prediction for Shiba Inu [SHIB] for 2023-24
In 2020, an anonymous developer created Shiba Inu [SHIB]. The altcoin has since expanded over the past two years. Even business moguls like Elon Musk and Vitalik Buterin have endorsed it. Shiba Inu is attracting people who missed the Dogecoin craze previously.
<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.
Memecoins weren’t meant to be reckoned with seriously but have caught on when investors begin to take an interest to get in on the joke.
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 founder Ryoshi
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