Shiba Inu (SHIB) Price Prediction 2023–2025, update 6th of August
The Shiba Inu (SHIB): What Is It?
The native currency of the Shiba Inu ecosystem, SHIB, runs on the Ethereum blockchain and is infamously known as the “Dogecoin killer.” It has outgrown its original name, gaining popularity and credibility thanks to achievements like being listed on Coinbase, the most popular cryptocurrency exchange.
The coin’s mysterious origins are bolstered by the fact that its “Ryoshi” creator remains a mystery even as his goal of a strong, decentralised society comes to fruition.
This meme currency started out as a joke but has now expanded into a “n” number of useful projects. Members of the Shiba Inu community are a witness to this ambition, waiting with bated breath for developments like the launch of Shibarium, the Shiba Inu blockchain.
Dogecoin, its main competitor, uses a Bitcoin-like technology. These coins are ERC-20s, which makes them more universally compatible.
August 2023 Shiba Inu Coin Price Prediction
The SHIB coin price has dropped by 55% over the last five months, and this decline has been sustained under the impact of a resistance trendline. The meme currency failed to maintain a price over $0.000015, falling to…
