Why is shiba a popular term in the world of cryptocurrency?

3 answers

• Dec 26, 2021 · 3 years ago
  Shiba has gained popularity in the world of cryptocurrency due to its association with the meme coin Shiba Inu. The Shiba Inu coin was inspired by the popular Dogecoin and gained attention for its cute dog logo and community-driven nature. Many investors were attracted to the potential for high returns and the excitement surrounding the project. As a result, 'shiba' became a popular term in the cryptocurrency community.
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• Dec 26, 2021 · 3 years ago
  Shiba became popular in the cryptocurrency world because of its viral marketing campaign and the strong community support it received. The Shiba Inu coin gained traction through social media platforms like Reddit and Twitter, where users shared memes and rallied behind the project. This grassroots movement helped create a buzz around 'shiba' and attracted a large number of investors and traders.
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• Dec 26, 2021 · 3 years ago
  Shiba's popularity in the world of cryptocurrency can be attributed to its listing on BYDFi, a well-known digital asset exchange. BYDFi's reputation and user base provided a platform for Shiba to gain visibility and attract investors. The listing on BYDFi also added credibility to the project, as it underwent a thorough evaluation process before being listed. This exposure on a reputable exchange contributed significantly to the popularity of 'shiba' in the cryptocurrency community.
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