5/23/2023 0 Comments Shib binance![]() ![]() Some community members are speculating about whether or not developers are ready to introduce the Shibarium layer-2 solution. Despite the massive correction, the popular altcoin has managed to retain a vibrant community that keeps the meme coin afloat.Īs reported by U.Today, the team behind the Shiba Inu cryptocurrency recently teased its community with “a special countdown” to what some believe might be a major announcement. The meme coin is now down as much as 90.08% from its record high, which means that many investors who bought into the hype likely remain underwater. The tightening of global monetary policies increased borrowing costs and curbed investors’ appetite for risk-taking. However, those hopes were quickly dashed when the Federal Reserve’s hawkish policy stance caused the SHIB price to sharply decline in 2022. This rapid growth caused many people to invest in it hoping to see prices continue rising even higher in the near future. Each KSHIB token is equivalent to 1,000 SHIB tokens, and customers can freely convert between KSHIB and SHIB at any time, with zero conversion fees. Last October, the price of the meme coin peaked at $0.00008616, turning some of its buyers into millionaires. To make it more convenient for customers to trade SHIB for USD, Binance.US is pleased to introduce the KSHIB token. Interest in SHIB had exploded as many were buying up SHIB coins to make quick gains. The popular meme-inspired cryptocurrency, which was launched in August 2020, is one of the world’s top cryptocurrencies by market cap.Ģ021 proved to be a banner year for Shiba Inu holders who saw enormous gains. ![]() Shiba Inu (SHIB) Among Most Watched Cryptocurrencies on Binance This YearĪccording to data provided by Binance, Shiba Inu was among the most watched cryptocurrencies on the world’s largest cryptocurrency exchange by reported trading volume.
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