If I invest 100 in Shiba Inu
It is common knowledge that over the long run, the S&P 500 grows by about 10% year on average. Early investment and consistent savings growth can contribute to long-term wealth creation. On the other side, cryptocurrencies have made billionaires quite quickly. The two most well-known and advanced cryptocurrencies are Bitcoin and Ethereum, but there are other lesser-known ones that have produced extraordinary gains.
How long do shiba inu live
The name and logo of Shiba Inu refer to the Shiba Inu dog that appears on the DOGE logo. The coin runs on the Ethereum blockchain, with a total of 1 quadrillion SHIB tokens issued by the developers. One of the priorities of the creators of the coin was not to spend a single dollar on the project.
How to mine Shiba Inu
SHIB is a meme token. It was launched by a team of developers, trying to make money on pampa. The creators of Shiba Inu have already nicknamed their cryptocurrency the Dogecoin killer. Initially, this token was not taken seriously by the community, but the situation changed after the dynamic growth of the market capitalization and temporary hit in the top 10 of Coinmarketcap rating. Not surprisingly, many investors were interested in Shiba Inu mining.
What is Shiba Inu?
Shiba Inu appeared in 2020 as another meme cryptocurrency and owed its popularity primarily to retail investors who were looking for low-cost tokens. The pseudonymous founder of the project positioned it as a "Dogecoin killer. And while Dogecoin grew by 3,100% in 2021, the token under the SHIB ticker grew by 49,000,000%.