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Shiba Inu

Shiba Inu

A person who is genuinely interested in his own finances is not only an intelligent person, but is also a bold person capable of seeing money possibilities where other people may not see it. This becomes a highly appreciated skill in different media, but where it should be appreciated the most is in your own portfolio.

Likewise, we are not talking about bold and capable people in the world of finance, we are talking about people who are capable of making investments in an intelligent way in order to later obtain a substantial sum of money. In turn, this can be a bit difficult to do, since not all investments are as apparent or as obvious as others, as is the case with cryptocurrencies.

At the beginning, coins were not seen beyond something new and interesting to talk about, but today the cryptocurrency landscape is a very different one, since currently cryptocurrencies can be worth thousands of dollars.

And, this same boom has caused other cryptocurrencies to develop throughout the financial landscape, and although obviously some may be more viable than others, it is always worth being able to be aware of the ones that are obtaining the most movements daily, and one of they are the Shiba Inu.

What is Shiba Inu?

Shiba Inu, also known as Shiba Token, is a fully decentralized cryptocurrency that had its origin in 2020 at the hands of a totally anonymous person, who is only known in the middle under the pseudonym Ryoshi.

It is also worth noting that it has been modeled after the famous Dogecoin, a cryptocurrency that many take as a joke. But, this is not the case with Shiba Inu, since despite being extremely young, it has come to have a very interesting impact on the market, perhaps due to the way it works, or perhaps for the same price of the tokens. , which can be worth a small amount. In fact, this allows users to have billions, or even trillions, of Shiba Inu in their wallets without any problem. This has led to trillions of tokens in circulation.

The dog that is getting attention

If you are aware of the latest news in the cryptocurrency medium, you may know of the existence of Dogecoin, and Shiba Inu, it is not far from it. Since its creation, it has had a really low price, and even its highest peak, which occurred on May 10, 2021, was only $ 0.0000388. However, users should not get carried away by this price, it is that by 2021 it reached a market capitalization of more than 13 billion, making it the fourteenth coin with the most market capitalization. This tells us in detail about the volume of tokens in the current market, as well as the liquidity of the cryptocurrency, which should not be taken lightly.

In fact, little by little it has come to take more and more attention in the middle, proof of this being a donation that was made to a fund in India to help the country’s situation with COVID-19.

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