Bitcoin has been ruling the choices of investors for a long time. Now call it global fame that makes this digital currency being admired by many. But with time came the emergence of new alternate coins. And so the attention of investors got diverted to many options in the form of altcoins. Now there is one example that will make you come out from the confined choice of Bitcoin. In India, an investment banker at an equity firm in Bengaluru has witnessed Shiba Inu coin climbing quadruple in the last 2 days.
The investment banker had invested in this crypto meme coin two times. When its price was rupees 0.001215, and another time when it was priced at rupees 0.002039. After gushing up in the last 2 days, the trading price of Shiba Inu climbed around rupees 0.005848 on some crypto trading platforms.
On the global front and in India, many investors have also noticed a rise in their risk portfolios by riding on Shiba Inu coin. On Wednesday, this cryptocurrency shot up at 70%, and on Thursday it rose to 40%, according to exchanges. Seeing the current rally, Shiba Inu has been ranked as the 8th largest cryptocurrency in the world according to market capitalization. Indians have continuously purchased Shiba Inu tokens stated by top exchanges.
To know more updates on Shiba Inu price updates, log on to the Cryptoknowmics website. Here you can also search for topics like some ICO whitepaper writing mistakes to avoid.
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