SHIB Price Prediction & Analysis: Can Shibu-Inu Token Reach $1.00, $0.10, or $0.01 ?

SHIB Price Analysis & Prediction

Disclaimer: This article is for entertainment and educational purposes only. It is not intended as financial advice. I am not a financial adviser so, be sure to research with due diligence before making any investments.

In this article, I will try my best to analyze the current and future price of SHIB.

What Is Shiba Inu ?

Shiba Inu (SHIB) is an Ethereum-based ERC-20 token created by an anonymous user or users called Ryoshi, although many people would mistaken it as a coin. According to Ledger.com, coins refer to any cryptocurrency that has a standalone, independent blockchain — like Bitcoin, while tokens are a unique outlay of broader smart contract platforms like Ethereum that enable users to create, issue, and manage tokens that are derivatives of the primary blockchain.

Shiba Inu’s website is https://shibatoken.com/, where you can find the woofpaper (the white paper) and other information regarding the token. The lead developer is Shytoshi Kusama. The community has deemed itself a decentralized meme token that evolved into a vibrant ecosystem.

“A Decentralized Meme Token that Evolved into a Vibrant…