News

Shiba Inu (SHIB) Reaches New ATH. $0.1 Soon?

  • Shiba Inu token reached a new all-time high (ATH) at $0.004316.
  • SHIB now has the 11th highest market capitalization of all cryptocurrencies.
  • Robinhood rival Public listed Shiba Inu on its trading platform a couple of days ago.

Internet sensation Shiba Inu (SHIB) token recently surpassed its all-time high (ATH). According to CoinGecko, SHIB price ATH is $0.004316 at the time of writing.

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Shiba Inu’s strong market performance enabled it to surpass other cryptocurrencies in terms of market capitalization. In fact, SHIB now holds the #11th position on CoinGecko and #13 on CoinMarketCap.

While the cryptocurrency has received the love of many people, it is still not immune from the ire of other crypto personalities.

Their criticism of Shiba Inu is not unfounded, especially that the token started as a purely meme token that follows in the step of Dogecoin. However, the token has welcomed a significant number of followers to form the so-called “Shib Army”. These are composed of crypto traders and holders as well as full-fledged developers. According to the group, Shiba Inu will launch its own decentralized exchange (DEX).

A couple of days ago, Robinhood rival Public listed Shiba Inu on its trading platform. The recent development followed the listing of major cryptocurrencies on its platform earlier in October 2021.

CryptoNewsLand Editor

CryptoNewsLand (CNL) is a one-stop online crypto news website that offers the latest happenings in the crypto world.

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