where was shiba inu first listed

Shiba Inu emerged from obscurity as a meme token in 2013, fueled by the success of Dogecoin in 2020 and gained widespread recognition after Elon Musk's endorsement in 2021.

Oct 19, 2024 at 11:48 pm

Shiba Inu: The Journey of a Shiba from Obscurity to Recognition1. Conception and Creation (2013)

Shiba Inu, a decentralized meme token, was created by an anonymous developer known as "Ryoshi" in August 2013.
The token was designed as a satire of Dogecoin, another popular meme currency based on the Shiba Inu dog.

2. Early Years of Obscurity (2013-2020)

For several years, Shiba Inu remained a relatively obscure token with little market capitalization.
Its price fluctuated within a few decimal places, and trading volume was minimal.

3. Dogecoin's Success Inspires Shiba Inu (2020)

In 2020, Dogecoin experienced a surge in popularity, sparking интерес in other meme tokens.
Shiba Inu benefited from this attention, and its price began to climb.

4. Listing on ShibaSwap Decentralized Exchange (2020)

In July 2020, Shiba Inu was listed on ShibaSwap, a decentralized exchange created by the token's community.
This listing provided increased exposure and trading opportunities for Shiba Inu.

5. Debut on Centralized Exchanges (2020-2021)

In late 2020 and throughout 2021, Shiba Inu gained listings on several major centralized exchanges, including Binance, Coinbase, and FTX.
These listings significantly increased the token's liquidity and accessibility.

6. Elon Musk's Endorsement (2021)

In May 2021, Tesla CEO Elon Musk tweeted about Shiba Inu, referring to it as his "fav coin."
This endorsement sent Shiba Inu's price skyrocketing, pushing it into the top 10 cryptocurrencies by market cap.

7. Media Attention and Public Interest (2021)

Shiba Inu's meteoric rise garnered significant media attention and public interest.
Various financial news outlets and social media platforms discussed the token and its potential.

8. Maturation and Ecosystem Development (2022-Present)

In 2022, Shiba Inu began to mature as a project.
The community has developed a roadmap for its ecosystem, including decentralized finance (DeFi) services, non-fungible tokens (NFTs), and a Layer-2 scaling solution called Shibarium.

9. Ongoing Trading and Market Value

As of February 2023, Shiba Inu continues to be actively traded on both decentralized and centralized exchanges worldwide.
Its market cap fluctuates, but it remains one of the most popular and well-known meme tokens in the cryptocurrency space.

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