Meme Altcoin Shiba Inu (SHIB) One of the Most Watched Cryptocurrencies This Year on Binance

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Meme token Shiba Inu (SHIB) is among the top three most watched cryptocurrencies in 2022 on the world’s largest crypto exchange. The other two are king crypto Bitcoin (BTC) and leading smart contract protocol Ethereum (ETH), Binance says in a new announcement. Source: Binance/Twitter Although traders are keeping a close watch on Shiba Inu, leading analytics firm IntoTheBlock says that only 3% of SHIB holders are making money on their holdings at time of writing, while 84% are underwater. The Dogecoin (DOGE) rival went from $0.000033 at the start of 2022 to the current price of 0.000008, an over 75% year-to-date devaluation.

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Author: NixCoin

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