Tag: SHIB

While institutional buyers have taken a significant interest in Bitcoin this bull cycle, it would seem retail interest has gone elsewhere. Recent data from CoinMarketCap shows that Shiba Inu was the most frequently viewed cryptocurrency of 2021. This reflects other data highlighting the distinct difference between retail and institutional perspectives on crypto. Shiba In The Spotlight CoinMarketCap – the popular crypto price-tracking website – has revealed key market statistics in a series of year-end tweets. According to their numbers, it…

Shiba Inu (SHIB) is a token born relatively recently, appearing on the market in August 2020. Those who created Shiba did so in the wake of another cryptocurrency having as its symbol that same dog breed: the Dogecoin (DOGE). DOGE was born seven years earlier as a mere joke, but it became a natural phenomenon in 2021. Shiba Inu immediately attracted the attention of investors, triggering decisive price hikes. Its fame has grown so much that, today, one of the…

A surge in popularity and increased volatility have made the SHIB token one of today's most traded cryptocurrencies. According to Coinmarketcap, the Shiba Inu coin is currently fifth by daily trading volume, at $4.7 billion. SHIB now trails only behind the heavyweights of the crypto world - USD Tether, Bitcoin, Ethereum, and Binance USD. Firstly, Tether is the first stablecoin and the most dominant one in crypto trading. It is critical for facilitating cryptocurrency trading and reducing costs to traders. At $63…