SHIB coin continues to make headlines as investors turn their attention to the Dogecoin knockoff cryptocurrency. But is it a worthy investment?
What is SHIB coin?
As I wrote about before for the Deseret News, SHIB coin is another meme-based cryptocurrency that uses the Shiba Inu dog as its mascot, which is exactly what Dogecoin did originally.
The cryptocurrency — which was valued at $0.00003212 earlier this week — was recently listed on Binance, a cryptocurrency trading app.
Binance said the app “is an experiment in decentralized community building and another meme coin similar to Dogecoin.