What is Shiba Coin?

What is Shiba Coin?

Shiba Coin, called Doge Killer, is a cryptocurrency released after Dogecoin.

in August 2020, an anonymous company in the form of “Ryoshi” created Shiba Coin. in May 2021, its market capitalization increased to over $ 6 billion. Shiba Coin, which is notable for its low price, allows its users to make millions of purchases. On average, 400 trillion Shiba Tokens are in circulation. Shiba Coin carries out its work to reduce transfer fees through the Shibarium network. The name of the Shiba Coin comes from the dog “Shiba Inu” in its logo. “Shiba” is a Chinese word and is also used in Japanese. Inspired by Dogecoin, Shiba was created. This crypto currency, which is in the center of people’s attention with the slogan ”Doge Killer”, that is, the Doge Killer, was originally developed for the purpose of surpassing Dogecoin.

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