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Shiba Inu (SHIB) Trades Close to Its Crucial Support

Despite the market capitalization trending close to $5 billion valuations, the token has been a subjective candidate of frequent ups and downs in the crypto realm. While there have been instances where the token took huge gains in a short margin, such gains were quickly lost in equally drastic sell-offs.

Shiba Inu now maintains its position at the 15th spot falling behind the likes of Solana and TRON. The Shiba Inu blockchain currently operates as an ERC-20 token and now presents three different options of token SHIB, Bone, and Leash.

SHIB is the neutral cryptocurrency of the Shiba Inu blockchain meant for trading and exchange. While Leash is another limited variant token that provides staking rewards to users who have pooled their token holdings for the ShibaSwap.

(by Scott Cook)

Shiba Inu SHIB
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