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Shiba Inu (SHIB) is a meme token that took the cryptocurrency space by storm. It is called “DOGECOIN KILLER” by its community and other crypto users. It was launched on the Ethereum blockchain as an ERC-20 token.
Shiba Inu investors are bullish on the token since it has had a return on investment (ROI) of over 146000 times in the past 2 years. The recent crypto winter in the first half of 2022 led to a dip in the price of SHIB after it attained a present all-time high (ATH) price of $0.00008845 in October 2021. Hence, Ethereum whales have increased their investment in SHIB in the past few months.
If you are interested in the future of Shiba Inu (SHIB) and would want to know the price analysis and price prediction of SHIB for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.
Shiba Inu (SHIB) was launched in 2020 by an anonymous creator called Ryoshi. Due to the high gas fees associated with the Ethereum blockchain, SHIB developers have migrated to token to other blockchains such as Solana and Binance Smart Chain.
SHIB team has always given made the community know that they are working diligently to ensure that its hodlers are rewarded with good returns. One of such was the launch of its decentralized exchange called Shibaswap and which led to its bullish run in the last quarter of 2021. With the expectations that the effect of Shiberse will be experienced soon after its announcement in January 2022, the SHIB community is bullish on Shiba Inu’s future.
With the impact that the entrance of non-fungible tokens (NFTs) into the cryptocurrency, the launch of the Shiba Inu NFT Incubator on Shibaswap could increase the adoption of more users of the SHIB token.
Many crypto traders are going bullish on SHIB including this female trader on Twitter.
Let’s go 0.000013 $SHIB pic.twitter.com/HuajLM1nDk—
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