Shiba inu$SHIB *Shiba Inu Coin History*
Shiba Inu (SHIB) is a decentralized cryptocurrency that was created in August 2020 by an anonymous individual or group known as "Ryoshi." Initially, SHIB was introduced as a meme coin, inspired by the popularity of Dogecoin (DOGE) and the Shiba Inu dog breed. The coin was launched on the Ethereum blockchain as an ERC-20 token, with a total supply of 1 quadrillion (1,000,000,000,000,000) SHIB. In its early days, SHIB gained a significant following on social media platforms, which helped to drive up its price. By October 2021, SHIB had surged to an all-time high of $0.000088, with a market capitalization of over $13 billion.
*Prediction and Pulse Indicator Values*
As for predictions, some analysts believe that SHIB has the potential to reach $0.0001 or higher in the future, driven by increasing adoption and community support. However, it's essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
#BinanceMEOpening #BuyTheDipOrWait In terms of pulse indicator values, here are some current metrics for SHIB:
- *Relative Strength Index (RSI):* 50-60 (neutral)
- *Moving Average Convergence Divergence (MACD):* bearish crossover
- *Bollinger Bands:* SHIB is currently trading near the lower band
- *Trading Volume:* moderate to high
Please keep in mind that these metrics are subject to change and should not be considered as investment advice. It's essential to conduct thorough research and consult with financial experts before making any investment decisions.