Shiba Inu Powerless Against The Competition! Is The Famous Crypto Meme Coming To An End?
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The Shiba Inu (SHIB), once considered one of the leaders of memecoins, is facing an uncertain future as new cryptos emerge in the market. Since its launch in 2020, SHIB experienced a meteoric rise, reaching an all-time high of $0.00008616 in October 2021. However, the current situation is quite different.
Shiba Inu: an uncertain future in the face of emerging new cryptos
In 2024, the price of SHIB is around $0.0000172, with a market capitalization of $10.13 billion. Despite this impressive valuation, the transaction volume has significantly dropped, falling below 1…