Shiba Inu Overview: Shiba Inu is an ERC-20 token on the Ethereum blockchain, known as a top meme coin with a Shiba Inu dog mascot. It was created by an anonymous person using the pseudonym Ryoshi.
Key Facts: Shiba Inu is the 13th largest cryptocurrency by market cap, has a strong community called "SHIBArmy," and is sometimes called the "Dogecoin Killer." It has a total supply of 1 quadrillion tokens and features its own decentralized exchange, ShibaSwap.
Price Volatility: Shiba Inu’s price is highly volatile, with significant market cap fluctuations. In October 2021, it surged 240% in a week.
Current Price: As of now, Shiba Inu's price in India is 0.0012 INR, with a market cap of $8.32B and a circulating supply of 589.27T SHIB.
Use Cases: Shiba Inu can be used in various ways, including as a meme and community coin, in DeFi, for NFTs, payments, charity, gaming, staking, and cross-chain bridges.
Buying Shiba Inu: To purchase Shiba Inu in India, sign up on Koinpark, complete KYC, deposit funds, place a buy order, and receive SHIB in your wallet.
Price Prediction for 2030: While some experts believe Shiba Inu could reach 1 INR by 2030, others doubt its likelihood due to its lower utility. The cryptocurrency market's volatility makes future price predictions uncertain.
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