SHIBA INU Defeats Bitcoin , Ethereum to Rank as Most Popular Coin of 2021

SHIBA INU  Most Popular Coin of 2021 

 

SHIBA INU Defeats Bitcoin & Ethereum to Rank as Most Popular Coin of 2021

 

We are almost at the end of 2021. The Brand new 2022 is already Knocking our door .All of us are eagerly waiting to welcome The Brand New Year 2022 . 2021 was very eventful for whole world ; from the covid pandemic to the Taliban takeover of Afghanistan. We witnessed hundreds of supporters of Donald Trump storm the Capitol, the seat of American democracy, on January 6,2021 attempting to block the confirmation of Joe Biden's presidential election Victory .

Year 2021 was quite eventful for Meme Based Coin Shiba Inu also.Just ahead of the Christmas and New Year Festival, Shiba Inu has been listed as a buying, selling, and trading option on Australian Crypto Exchange CoinJar. CoinJar is one of Australia's longest running Crypto Exchange, It was founded in the year 2013. This Australian Crypto Exchange , CoinJar offers a very interesting option for it's users, that is CoinJar Card.With this CoinJar Card you can even use SHIB to do some last moment Christmas Shopping. CoinJar Card is like a Crypto Debit Card which allows users to make purchases at any outlet which accepts Google Pay or Apple Pay.

The Meme coin, which was originally created as a joke rival to Dogecoin , now become the 11th Largest Cryptocurrency by market value. 

US based movie theatre chain AMC Theatres is also accepting Shiba Inu Tokens as payment option.

Beating Bitcoin and other Alt coins, The SHIB Token also emerged as The Most Popular Cryptocurrency on Twitter.

Karken and Bitpay are other international Exchanges to have listed SHIBA token on their platforms for trading.

SHIBA Inu was the most viewed Cryptocurrency in The Year 2021. According to CoinMarketCap The Shiba Inu Token spin-off recorded more than 188 million views in the year 2021, while Bitcoin came in second with 145 million views.

SHIB's rise is speculated to be fuelled after Billionaire Elon Musk, tweeted a photograph of the Shiba Inu meme going to Moon on October 18,2021. His tweet pushed the coin to nearly 50% to reach a high of $0.000044.

SHIBA Will now be Accepted at GameStop

GameStop will now accepts payments in the Shiba Token via the Flexa App SPEDN. GameStop is the largest video game retailer in the world. The company hold nearly 5,000 offices ,spread worldwide, and a whopping over 3,000 outlets in the United States alone.

The SHIBA Inu Token has also revealed plans of its own for the budding Metaverse Sector.

The SHIBA Token developers are looking to the future of Blockchain Technology. The Shiba Inu Token Community is looking for a solution to integrate Shiba Inu into The Metaverse and Non Fungible Tokens (NFTs). SHIBA Games is the reaction, a gaming firm has created by the Shiba developers with the goal of developing a portfolio of products centered on the community's favourite dog breed.

This is just the beginning of the SHIB Token's journey toward a SHIB Metaverse.

It has been revealed the William Volk has been hired as the lead designer for the first Shiba Game.As a mobile developer, Volk is well suited to making a play-to-earn NFT game.

 

An Eventful Month for Shiba Inu Coin

Shiba Inu had an eventful month so far .

 The beginning of October rally of $SHIBA started with a simple Tweet from Elon Musk. However, things changed upside down towards tthe end when $SHIBA recorded a whopping 800% growth. Although it did not last long. But SHIBA made a significant place in it's Investor's hearts that is dwelling them to look for ways to make The $SHIBA : Doge Coin Killer, popular yet again. 

WILL SHIBA INU REACH ANOTHER ATH IN DECEMBER ?

CAN SHIBA INU EAT UP A ZERO FROM ITS PRICE BEFORE 2022 ?

Shiba Inu Coin Hits 1,000,000 Holder Milestone . 

Shiba Inu reached the 1,000,000 holder mark recently . In the time between these two milestones ,Shiba has reached several all time highs (the latest of which was $0.00008616) . There is another good news for Shiba Inu Holder. NewEgg Commerce,Inc a leading tech focused E-Retailer, has announced that they will accept Shiba Inu (SHIB) cryptocurrency as a form of payment on it's platform. The Company made the news official on a grand scale with a massive digital out-of-home (DOOH) campaign displayed on The Reef, North America's largest DOOH billboard. Situated at the intersection of the busy I-10 & I-110 in downtown Los An Angeles. The Reef is a Larger-than-life  platform for Newegg to drop its latest crypto news.

According to a dedicated Blog Post by SHIBA INU'S lead developer , Shytoshi Kusama SHIBA TOKEN will step forward to the Future Of Gaming . Apart from launching a AAA game studio, The SHIBA INU Team has also joint hand tha veteran game designer William David Volk, a former VP of Technology at Activision. SHIBA INU GAMES an new division in Shiba Inu Ecosystem Project, is focused on creating a video game primarily geared toward mobile platforms Android and iOS as well.

 The revenue from SHIBA INU Games' in-app purchase will be used to burn SHIB and LESH

 coins. This step has phenomenal repercussions for a sustainable increase in SHIBA COIN's price.

INDIA : THE LARGEST CRYPTO MARKET IN FUTURE

 India will be The Largest Crypto-Market in near future.

It’s amazing how much things have changed in a year. 

In March 2020, The Supreme Court had abolish the RBI circular  that stopped banks from providing services to cryptocurrency exchanges. India has changed it's mind set very dramatically.

Now, Young investors in tier 2 and 3 cities, who don’t understand much about the stock market, have taken  to virtual currencies such as Bitcoin, Ethereum, Cardano and $Shiba. According to Industry estimates there are 15 million to 20 million crypto investors in India, with total crypto holdings ofaround 400 billion rupees ($5.33 billion). For CoinSwitch Kuber, which recently became a unicorn, the average age of over 11 million users is 25 years. And 55% of its users are based in large cities like Delhi and Mumbai. For CoinDCX, the other crypto unicorn, 75% of its investors are aged between 20 and 34 years.Now a days, you switch on any Television Channel  and you see ads showing Bitcoin as a great investment instrument. Top Bollywood actors, Ranveer Singh to Ayushmann Khurrana, are seen promoting CoinSwitch Kuber and CoinDCX respectively. Bollywood actors are launching their non-fungible tokens or NFTs, 

which are bought and sold using cryptocurrencies. As per a report, over 10 million crypto investors were added by India in 2021. 

Lot's of Global Player in Crypto are waiting to enter into this largest Market. One Singapore-based largest virtual currency exchange Coinstore has begun operations in India in India at a time when the government is preparing legislation to effectively bar most private cryptocurrencies. In an interview Mr.Charles Tan, head of marketing at Coinstore told ," With nearly a quarter of our total active users coming from India, it made sense for us to expand into the market," Mr. Tan also said, "Coinstore plans to recruit about 100 employees in India and spend $20 million for marketing, hiring and development of crypto-related products and services for the Indian market. Coinstore is the second global exchange to enter India in  recent months, following in the footsteps of CrossTower which launched its local unit in  September this year.

What is CRYPTOCURRENCY ?

Cryptocurrency

Cryptocurrency is a digital payment maintained by a network of computers that uses cryptography to authenticate transactions. 

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

The word “cryptocurrency” is derived from the encryption techniques which are used to secure the network.

Blockchains, which are organizational methods for ensuring the integrity of transactional data, are an essential component of many cryptocurrencies.

Popular CRYPTOCURRENCY 

Cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.

Cryptocurrencies are systems that allow for secure payments online which are denominated in terms of virtual "tokens," which are represented by ledger entries internal to the system. "Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions.