You Must Know These Important Things about Shiba Inu Crypto

10 Things You Must Know about Shiba Inu Crypto

Shiba Inu (SHIB) is a decentralized cryptocurrency that was created in August 2020

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The token was created as a joke based on the popular internet meme of the Shiba Inu dog breed

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The cryptocurrency is built on the Ethereum blockchain, which makes it an ERC-20 token.

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The SHIB token has a total supply of one quadrillion tokens, which makes it highly divisible.

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Shiba Inu's price surged in May 2021 after it was listed on several popular cryptocurrency exchanges, including Binance and Coinbase.

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SHIB token is highly volatile, and its price can fluctuate significantly within a short period.

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The ShibaSwap decentralized exchange (DEX) was launched in July 2021, providing users with the ability to trade SHIB with other cryptocurrencies.

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The Shiba Inu community has donated a significant amount of SHIB tokens to various causes, including COVID-19 relief efforts in India and animal welfare organizations.

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Shiba Inu has gained popularity in part due to its association with Dogecoin, another meme-based cryptocurrency that has gained widespread attention.

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It's important to note that investing in any cryptocurrency carries a significant risk, and it's important to do your research and invest only what you can afford to lose.

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