Is Shiba Inu (Shib) a resurgence?

It's been a bit of a resurgence this year, as the cryptocurrency market cap is up about 51% in 2023 (as of April 5). And some of the most popular digital assets, like Shiba Inu (SHIB), have seen their prices skyrocket through the first three months of 2023.

What is the Shiba Inu ecosystem?

The Shiba Inu ecosystem consists of the following three tokens: Shiba Inu (SHIB): This is the project's foundational currency. Starting with a supply of 1 quadrillion (equal to 1,000 trillion), Ryoshi locked 50% in Uniswap (for liquidity purposes) and then sent the other 50% to Ethereum co-founder Vitalik Buterin for safekeeping.

How much Shiba Inu burned in August?

Shiba Inu burned 3.7 Billion SHIB in August as the price recovers Planet Crypto 10:55 1-Sep-22 Shiba Inu Records 3.6 Billion SHIB Burned in August with Only 59% of Initial Supply Left U.Today 09:38 1-Sep-22 BudBlockz looks to build a worldwide community like Dogecoin (DOGE) and Shiba Inu (SHIB) CryptoDaily 09:24 1-Sep-22

Is it time to sell Shiba Inu?

And some of the most popular digital assets, like Shiba Inu (CRYPTO: SHIB), have seen their prices skyrocket through the first three months of 2023. As we've seen in the past, this meme token can quickly shoot up in a very short period of time. Even with this renewed sense of optimism, it might be time to book your gains and sell Shiba Inu.