The Next Shiba Inu? Facebook Meta Sends The Price Of This Minor Bitcoin Rival Soaring … – Forbes

The shiba inu price has surged almost 1,000% this last month alone, far outpacing bitcoin’s mere 50% rally.

Decentraland, launched in 2019 after raising $25 million in its 2017 initial coin offering and described as a metaverse built on the blockchain, has this week seen traders pile into its mana token due to interest surrounding Facebook’s rebrand.

I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself.

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