The Shiba Inu (SHIB) cryptocurrency was created in August 2020 and is a meme token that is inextricably linked to the Japanese dog breed. This decentralized cryptocurrency was created by a person (or group of people) under the pseudonym Ryoshi. SHIBA, whose price forecast is available below, was issued as an ERC-20 token, with a supply of tokens amounting to 1 quadrillion. The main difference between the development was the fact that most of the tokens were destroyed immediately after release. The creators transferred 50% of the coins to Uniswap DEX, and the rest were provided to Vitaly Buterin, the creator of Ethereum. He paid for 410 trillion tokens, leaving 90 trillion left. The creators explained their decision very simply. They do not want their brainchild to become a development, the tokens of which are regularly thrown onto the market by the creators, thereby manipulating the price. In the future, the coin should become a completely decentralized system in which 100% will be owned by the community.
According to forecasts on the CoinArbitrageBot website, the Shiba Inu rate could be 0.000008099 USD at the end of 2024. It can also be 0.000008909 USD exactly one year from now. In the next 3 years, the maximum rate of Shiba Inu can reach 0.00005239 USD, and the lowest rate can be 0.000004872 USD.
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