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Shiba Inu (SHIB) has become one of the most prominent meme-inspired cryptocurrencies since its launch in August 2020. The developers behind the decentralized token have worked to build an ecosystem of projects for the SHIB community. However, the recent launch of the layer-2 solution Shibarium failed to significantly boost prices amid the ongoing crypto bear market. With Thanksgiving approaching, here is our Shiba Inu price prediction for Thanksgiving 2023. What is Shiba Inu? A Brief History Shiba Inu is a decentralized cryptocurrency that spawned from a meme-inspired online community. The token’s mascot is a Shiba Inu dog, which led to the name. In mid-2020, an anonymous individual or group known as Ryoshi started working on Shiba Inu as an experimental decentralized community project. Ryoshi intended to take the meme coin concept behind Dogecoin and build an ecosystem around it. Also read: Ben Armstrong Sues Ex-Colleagues Over Alleged Stolen Lamborghini After l...

Shiba Inu (SHIB) fans and investors have long pursued their $0.01 goal. Although the project saw a meteoric rise in 2021, it is down by a whopping 91% from its all-time high. SHIB would have to rally by over 1000% to reach its ATH once again, and the journey is anything but simple. Given that the road to its ATH is a task on its own, reaching $0.01, is even more difficult. To reach its “one cent” goal, Shiba Inu (SHIB) would need to rally by 131,826.12 %. Although this seems incredibly large, it is not something that SHIB has not achieved before. Since November 2020, SHIB is up by an eye-watering 13,447,047.02%. This is mostly due to Vitalik Buterin burning 410 trillion SHIB tokens that he received upon the project’s launch. Going by the same idea, another burn of such a magnitude could possibly take SHIB to its goal of $0.01. However, the question now evolves, “How can we do so?” Also Read: Shiba Inu: Here’s When SHIB Could Delete 2 ‘Zeroes’ ...

The Shiba Inu (SHIB) price could see a massive surge as the Shibarium mainnet launch is expected to take place in June. Moreover, the content marketing specialist at Shiba Inu, LucieSHIB, has stated that the launch could arrive between Q2 and Q3 of this year.  This release date is not set in stone, as there is still a lot of work to be done on the protocol. However, if there are no delays to its progression, a positive impact is expected. But just how many zeros could Shiba Inu eliminate with the arrival of Shibarium ?  Source: @Shibtoken Shibarium Expected to Arrive Soon? Yesterday, a discord message was shared detailing when the Shibarium mainnet could arrive. Specifically, Lucie noted that the protocol was expected to be launched between Q2 and Q3 of this year. Subsequently, Shiba Inu (SHIB) could see a price surge with the potential Shibarium launch arriving in June. Lucie noted that no launch date is “set in stone” for the protocol. However, the current trajecto...

Pepecoin is a new meme-inspired cryptocurrency that's growing faster than Shiba Inu in its early days thanks to some big-name exchange listings. The market valuation of Pepecoin (PEPE) has dropped by 65% as of May 12, a week after its record high of $1.54 billion. Profit-taking appears to be the primary reason behind the extreme price correction, after it rallied from almost nothing to as high as $0.00000372 after its launch on April 14, while emerging as the fastest-growing ERC-20 token in the crypto market's history. PEPE market cap performance since launch. Source: CoinGecko What is PEPE? Pepecoin captures people's attention by mimicking Features of memecoins , based on popular internet memes. The most well-known is Dogecoin (DOGE), which uses the famous Shiba Inu dog meme as its logo.  Pepecoin is based on the "Pepe The Frog" meme, created by Matt Furie in his 2005 cartoon “Boys Club.” The humanoid frog went on to become a mainstream meme in the mid-2010s, w...

Shiba Inu is a digital asset that has gained prominence as a meme coin . It has also attained a place among the top 20 cryptocurrencies by market capitalization. The SHIB team has been consistent in its development efforts and has undertaken several projects. The SHIB network has gained recognition for achieving notable benchmarks and milestones in the SHIB coin.  Let’s look at the history of the second-largest meme coin , and how it’s grown over the years. Also read: How to Stake XRP? Shiba Inu in a Nutshell Shiba Inu coin is a cryptocurrency that emerged in 2020 as an offshoot of the popular meme cryptocurrency Dogecoin. It takes its name from the Shiba Inu dog breed, which gained fame through the Doge meme. Shiba Inu coin quickly gained attention and became one of the most talked-about cryptocurrencies. This has also prompted many to buy Shiba Inu. The coin gained popularity primarily due to its appeal to retail investors, who were drawn to its low price and the pot...

Shiba Inu (SHIB) is a notable dog-themed meme coin with a strong and supportive community. The SHIB development team has shown dedication to enhancing the meme coin through several initiatives, developments, collaborations, and listings. The meme coin realm has been on an uphill surge in the last week, with billions in trading volume. However, the surge in trading volume seems to have failed to keep the price stable. According to CoinMarketCap data, the price of Shiba Inu (SHIB) has plummeted by 1.76% in the last 24 hours. The price of SHIB stands at $0.000008893 at the moment. The data also reveals that SHIB is down by 10.2% in the last 7 days and by 18.17% in the last 30 days. Shiba Inu has added a zero to its price and is trading almost in the same range as it was during the collapse of FTX in November 2022. Even though Shiba Inu touched a high of $0.00001789 in the last few months, the gains have all been erased. Good News? Shiba Inu Buying Activity Rising...

Shiba Inu (SHIB) has turned many amateur investors into millionaires. The project has several examples of people who got in early and grew small investments into significant profits. If one would have purchased $1000 worth of SHIB tokens in 2020, the investment would have been worth almost $20 million today. However, many believe that they missed the SHIB bus, as such “rags to riches” examples are only from investors who got in early. Nonetheless, that has not stopped people from getting into the project, even if they are a little late. SHIB/USDT Chart on Trading View Let’s say you got into Shiba Inu (SHIB) just this quarter. How much gains would you have made? At the beginning of Q2 2023, SHIB was worth $0.00001086. A $1000 investment would get you around 92081031 SHIB tokens. Fast forward to today, SHIB has fallen in value and is worth around $0.00000885. The same SHIB tokens would be worth roughly $814. The decrease represented a fall of roughly 18%. However, if you had purchase...

Watcher Guru reached out exclusively to NOWNodes, the firm that’s building access to the Shibarium full nodes to integrate the on-chain data into the upcoming layer-2 network. NOWNodes confirmed that more than 300 business enterprises and corporate developers have shown interest in Shiba Inu’s Shibarium services. The enterprises and corporates are mostly trading platforms and payment solutions that want to build on Shibarium . “More than 300 enterprises and corporate developers have shown interest in Shibarium services on our side,” said NOWNodes exclusively to Watcher Guru. Also Read: If You Invest $1,000 & Shiba Inu Deletes a Zero, How Much Money Could You Make? When pressed about more details on the enterprises and corporates, the spokesperson for NOWNodes said, “These projects are mostly trading platforms and payment solutions”. However, the spokesperson refused to give out the names of the corporate firms as the developments are still under work. If you s...