Shiba Inu will enter the NFT craze by launching 10,000 non-fungible "lovable creatures" in the next few weeks.
More than 10,000 digitized tokens will be launched next week. NFTs will be available only on the protocol's DEX – ShibaSwap, where buying and trading will be completely free (except for the gas fee).
The altcoin is serious about becoming the third-largest cryptocurrency in market capitalization.
SHIB whales are actively selling off their assets, as can be seen from the onchain activity of the main market players. Many analysts believe Shiba Inu(SHIB) will dethrone Cardano during this bullish rally.
The token is now ranked 12th by market capitalization. The team behind the Shiba Inu token consistently announces new updates to the ecosystem, keeping up with the latest cryptocurrency trends. T
Shiba Inu(SHIB) is rumoured to appear on the listings of various leading crypto platforms. The launch of 10,000 NFT will accelerate the demand and growth of the asset.
After crypto token exchange platform Coinbase added Shiba Inu(SHIB), the token rose to historic highs and was worth $0.00003473. In the near future, Shiba Inu (SHIB) may once again reach an all-time high and even overtake it.
Project Lead Shytoshi Kusama recently announced on Twitter that a new token-burning policy would soon be introduced to the masses and it would radically affect the development of the Shiba Inu.
The cryptocurrency is rapidly gaining momentum and become a favorite among investors. It has already managed to surpass Avalanche, Litecoin in terms of capitalization.
In the last 7 days, the token has risen more than 240%. Many stock market analysts believe it looks set to continue its bullish rally.
Non-fungible tokens are expected to launch soon and Shiba Inu(SHIB) will be in the top three strongest cryptocurrencies by capitalization by the end of the year.
SHIB's current market capitalization is about $14.5 billion, while Cardano (ADA) market cap is $71 billion. In total, there are about 1 quadrillion cryptocurrencies on the market.
