Shiba Inu SHIB/USD started out as a meme-token; however, over time it evolved into its own ecosystem.
There’s ShibaSwap, an innovative rewards system, the Shiba Incubator, and two other tokens, including LEASH and BONE.
Increased use-cases as a catalyst for growth
Shiba Inu is building up the overall use-cases it has within the cryptocurrency market.
This is due to the fact that it is currently the 13th largest cryptocurrency token in terms of market capitalization, despite the fact that it started off as a meme token.
The Canadian telehealth company, Ask The Doctor added $1.5 million in Shiba Inu to their balance sheet and plans to accept the cryptocurrency as payment.
The movie theater chain AMC Entertainment also said that they would accept payments in SHIB tokens.
There is even speculation surrounding the addition of the Shiba Inu (SHIB) token to Robinhood’s trading platform, where a lot of their customers have been calling for it.
Additionally, according to the creator of the token, Ryoshi, the crypto is forming its own metaverse called the Oshiverse.
We also saw Flexa Network make SHIB available to over 40,000 merchants in the U.S.
Should you invest in Shiba Inu (SHIB)?
On December 13, Shiba Inu (SHIB) had a value of $0.00003434.
To see what this value point means for the token, we will go over it’s all-time high value and make comparisons with its performance last month.
In terms of the all-time high value of the SHIB token, it occurred on October 28, when the token increased its value to $0.00008616. Here, we can see that the SHIB token was
