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Shiba Inu (SHIB): Let's Understand with the 5W1H Method
What is it?
Shiba Inu is a meme coin inspired by Dogecoin and created with a similar humorous dog theme. Like Dogecoin, Shiba Inu is an ERC-20 token based on the Ethereum blockchain rather than its own blockchain. It is traded under the symbol SHIB.
Why
Shiba Inu was created inspired by the success of Dogecoin. After Dogecoin's price rose significantly in 2021, investors turned to other meme coins that could experience a similarly rapid rise in value. Shiba Inu gained popularity thanks to this interest.
Shiba Inu is a meme coin inspired by Dogecoin and created with a similar humorous dog theme. Like Dogecoin, Shiba Inu is an ERC-20 token based on the Ethereum blockchain rather than its own blockchain. It is traded under the symbol SHIB.
Why
Shiba Inu was created inspired by the success of Dogecoin. After Dogecoin's price rose significantly in 2021, investors turned to other meme coins that could experience a similarly rapid rise in value. Shiba Inu gained popularity thanks to this interest.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SHIB
0.00002753
-0.72%
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