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Can ‘newfound respect’ for Shiba Inu help it cross $1
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ambcrypto.comOctober has been a good boy where the Shiba Inu [SHIB] token is concerned. With a meteoric price rally, the meme coin seems close to hounding its highs from earlier this year.
Recently, crypto researcher and reviewer Max Maher tried to analyze Shiba Inu’s popularity but instead found himself drawing a very unexpected conclusion.
After retracing the journey of the much loved and hated dog token, Maher’s takeaway was a simple one. He said,
“It’s a marvel to see a meme coin that is transitioning into utility.”
How did this happen? Founded in August 2020 by one ‘Ryoshi,’ SHIB did not see much price action until earlier this year. For his part, Maher suggested that Shiba Inu’s mysterious co-founder might be Vitalik Buterin himself. As previously
Read more on ambcrypto.comAbout this in other media
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Shiba Inu outpaces Dogecoin: See what is fuelling its rise moneycontrol.com /3 years ago
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