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What is Shiba Inu?

investing08 - 2024-03-16 08:03:45

*Shiba Inu is a decentralized community driven currency, it is launched in August 2020.


*Shiba Inu is a Ethereum based altcoin and its token name is Shiba Inu and it is considered as a alternative of Dogecoin also known as a (Doge Killer) by Shiba Army called by its supporter.


*Shiba Inu is a meme coin and is now accepted for payments in many countries, you can pay directly or through third party payments.


Founder of Shiba Inu


*Shiba Inu is created in August 2020 by its founder called Ryoshi and Shytoshi Kusama the project lead developer.


*Ryoshi has said he would get out of crypto and Shytoshi Kusama will lead this project.


*It is a dog themed cryptocurrency.


Circulation of Shiba Inu


*Shiba Inu has a total supply of 589,534,086,491,242 SHIB tokens.


*As per now there are 589,289,410,812,691 SHIB token circulating in market.


*Shiba Inu has ranked 10th in market cap among other cryptocurrencies.


Where you can Buy Shiba Inu


*If any one want to invest in Shiba Inu they can just invest in many exchanges like- Binance, Bybit, Coinbase, OKX, Gate.io, KuCoin and HTX.


Technical and Future analysis of Shiba Inu?


*As I have shown below in my chart about Shiba inu liquidity levels.


*So when Shiba inu went up in September 2021 he left the liquidity at level of 0.00000550$ levels.


*Shiba inu took this liquidity level in June 2023 and went up in January 2024, and made an order block and liquidity level at 0.00000827$.


*So there is a high chance of Shiba inu to come to this level and full it's order block and take its liquidity before making its all time high again.


*So any one who wants to invest in Shiba inu just wait for its entry at order block and liquidity level to get filled and you can earn good return from your investment.
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