In this blog post, we’re going to cover a variety of interesting and useful information for anyone interested in Shiba Inu coins.
The most common Shiba Inu coin is the 1 yen coin that was released by the Japan Mint on March 3rd, 2010. The obverse side features three small shiba with different facial expressions and ears up, down, and folded over respectively. On the reverse side you can find an image of Mount Fuji with Japanese text reading “1 Yen” at the top center followed by English text reading “Japan Mint”.
There are also other types of Shiba Inu coins such as 10 yen coins which were released on July 17th, 2011 featuring two shibas sitting next to each other.
What is Shiba?
A Shiba Inu is a small, agile dog that was originally bred for hunting in Japan. They are often called “little foxes” because of their size and coat color pattern. The Japanese call the Shiba Inu シベ犬 (Shi-be Inu). It’s one of the few natural breeds to originate in Japan and it has been designated as a national treasure there since 1934.
We are living in a world where the cryptocurrency market is booming. People all over the world are looking for new ways to invest their money and take advantage of the many opportunities that this type of investment has to offer. Some people have made a lot of money from investing in Bitcoin, but what if you’re not ready to invest your whole life savings? What if you just want an alternative way to make some extra cash on the side? There are so many options out there these days! You could buy stocks, or even open up a shop online and sell something–but how about Shiba Inu coins?
Should you Invest in Shiba Coin?
The dogecoin has been growing at a solid speed. Elon Musk endorsed the cryptocurrency in December 2017, and with that it achieved an all-time high of $0.0065 on January 7th, 2018 according to Coinmarketcap data. Shiba Inu coin price prediction states that its dream of defeating dogecoin seems like a lost cause as Doge still holds over 10% more market cap than Shiba.
It’s very likely that the Shiba Inu Coin price will grow steady and solid, but it won’t be able to reach $1 soon.
The Shiba inu coin has grown steadily due to Elon Musk promoting it on Twitter last month. Dogecoin is trying hard for a comeback as well – chasing their own dream of defeating dogecoin seems hopeless at this point though because they haven’t yet reached 0.6$ even after 24 hours have passed since Bitcoin peaked its recent all-time high back in December 2017.
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