Shiba Inu: Memes Are the Future of Money
The shiba inu (SHIB) coin has had a really interesting week. Between late October and Nov. 28, the “Dogecoin Killer” meme token lost about half of its value in dollar terms. Then it surged more than 30% as the Kraken exchange announced it would list the token. Then, starting early this morning, it crashed again by about 20%.Volatility has been a notorious feature of most cryptocurrencies, of course – they’re speculative investments so they swing on sentiment, much like Tesla and GameStop and Rivian stock. SHIB is distinct in that it’s explicitly a “meme token”: It declares pretty much up…