Cryptocurrency Shiba Inu has made 100,000,000% recovery in the last year – Cryptomagazine

The value of Shiba Inu has increased, source: shutterstock.com/Author: Morgan Ph

The Shiba Inu cryptomenic world phenomenon has rewritten the history of the most profitable assets in the world. And it’s not even a scam. Of course, we can discuss the goals of this project for hours, in any case, the ninth most famous cryptocurrency has made a 100,000,000% evaluation in the last year.

At first glance, this may seem like a troll or another scam that only entices people to invest. Neither is true. From a technical point of view, the Shib Inu cryptocurrency is practically the same cryptocurrency as Bitcoin or Ethreum. It has its own blockchain, network, user base, it can be traded on big exchanges and the community of this coin is growing. However, as in the case of BTC, the founder is unknown. Shiba Inu was originally supposed to be an alternative to Dogecoin, which was beginning to be greatly robbed by billionaire Elon Musk through his tweets. The community gradually switched to an alternative Shiba Inu currency.

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Shiba Inu can continue to grow!

Through a petition created by the community, the token may also be listed on the Robinhood Exchange. It’s hard to say if this will really happen. In any case, it is already on big exchanges like Coinbase or Binance. Mainly due to listing on these exchanges, the dog cryptocurrency has been growing in recent months.

Shib Inu chart
Shib Inu chart, source: tradingview.com

Also read: The number of Shiba Inu watchers has exceeded 800,000 – are you one of them?

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Disclaimer: This article is for information purposes only and should not be construed as investment advice. Markets are unpredictable and without sufficient knowledge, trading is a gamble. We are not responsible for any losses. Market movements are difficult to predict, so we recommend considering the risk of trading on the stock exchange.

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