Has Shiba Inu (SHIB) gone out of style? The crypto-meme appears to be losing the interest and support of its investors.
The last month of the crypto "dogecoin killer" didn't see big price movements, going against the mood of strong volatility increasingly attributed to the world of cryptocurrencies.
Looking at your chart, in fact, as of July 13, 2021, the price of SHIB appears to have fallen below $ 0.000007 without further modifying it. It can be said that with its minimum pumping and discharge, SHIB continues to have a stable price of $ 0.000006.
However, its market capitalization of $ 2.5 billion places it between top 50 cryptocurrencies by market capitalization, with a dominance in the cryptocurrency market of 0.15%. So what's going on with the Shiba Inu dog cryptocurrency?
The price of Shiba Inu (SHIB) over time
Thinking back to the last few months, May 2021, SHIB was listed on the Kucoin and Binance cryptocurrency exchanges, seeing its historical maximum price or ATH of 0.038 thousandths of dollars, a 1000% surge. A moment that had seen SHIB be among the top 20 positions of the entire cryptocurrency market by market capitalization.
The same in June 2021, immediately after the SHIB listing on Coinbase Pro, the price of the crypto-meme had experienced a 24% increase from $ 0.000007 to $ 0.000009.
While in the last month, the new listing of SHIB on the eToro trading platform that took place exactly on July 29, 2021, seems to give results of "Price stability" at $ 0.000006, without having seen even minimal pumps.
Shiba Inu and NFT memes
And if SHIB doesn't seem to fascinate, the world of crypto-memes doesn't seem to go out of style. In fact, today, Shiba Inu shared on Twitter the market launch dedicated entirely to NFT in memes.
"SHIB multi-bagger by the end of 2021. Come to Shiba Inu (SHIB), a meme token market is coming to Polygon ”.
This is Meme.com, the new NFT meme market to be created on the Polygon blockchain.
Basically, through Meme.com, users can create their Meme Token wallet, sponsor their favorite memes, and earn rewards to support the best performing memes on the market.
Together with Shiba Inu and Dogecoin, they participate in the market Harold, Pepe, Distracted Boyfriend, Grumpy Cat and many others.
About, Johan unger, co-founder of Meme.com, said:
"We want meme fans to be able to have fun with their passion, while also being able to monetize."