The price of Shiba Inu Coin Soars and is Ranked 12th Right Now

Rancakmedia.com – Shiba Inu Coin price jumped to 12th place today, proof of today's promising crypto investment?

The Shiba Inu coin price today jumped again and managed to rank 12 cryptocurrency according to statistics from CoinMarketCap.

The Shiba Inu coin price today October 24 2021 is at IDR 0.6054, the Shiba Inu is up 50.34 percent in the previous 24 hours.

The Shiba Inu's current ranking on CoinMarketCap is 12th, with a market capitalization of IDR 232,641,070,737,471. There is an outstanding amount of 394,796,000,000,000 SHIB coins.

The Shiba Inu coin is an anonymously developed coin in August 2020 under the alias “Ryoshi”. Shiba Inu Coin Price Soars

The Shiba Inu meme coin quickly gained speed and value as the investment community was captivated by the coin's captivating allure, along with headlines and Tweets from the likes of Elon Musk and Vitalik Buterin.

Shiba Inu seeks to be an Ethereum based alternative to the Srypt Dogecoin based mining process.

The Shiba Inu token and SHIB are part of a series of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM) (LASM).

This lower value token has attracted investors who missed Dogecoin's boom from 0.0002 to around 0.75 US dollars.

The Shiba Inu are urging millions of people around the world to put money into a token with a dog's photo on it.

According to the SHIBA INU website, SHIB is a Doge Killer and will be listed on its own ShibaSwap, a decentralized exchange.

Currently the main exchanges to trade on SHIBA INU are Binance, OKEx, Mandala Exchange, FTX.

Conclusion Regarding the Soaring Shiba Inu Coin Price:

Shiba Inu Coin quickly gained speed and value as the investment community was captivated by the allure of the coin, along with headlines and Tweets from the likes of Elon Musk and Vitalik Buterin.

The ShIB token is part of a series of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Alaska Inu (LAS) and LASM (Malamute). The main exchanges to trade on SHIB are Binance, OKEx, Mandala Exchange, FTX.

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