Shiba Inu Rival (SHIBR) is a newly launched cryptocurrency token, a project of FaceX Technologies, that has been rapidly gaining traction in the past few weeks. Although SHIBR is still relatively new, many experts believe that it could rival SHIB and eventually reach similar trading volumes.
Similar to SHIB, SHIBR is also a deflationary cryptocurrency, meaning that a portion of every transaction is burned in order to reduce the total supply. This scarcity, along with the FaceX Technology team’s commitment to creating a vibrant community, could help propel SHIBR’s growth.
In addition, SHIBR is supported and accepted by some of the largest exchanges in the world, including Binance, Uniswap, and others. These platforms have seen immense growth in recent months and will help give SHIBR additional liquidity which is likely to attract more investors and drive more trading volume.
Finally, due to its low entry barrier and tier-based rewards, SHIBR is becoming increasingly attractive to newbies in the crypto space as well as seasoned traders looking to diversify their portfolios. Combined with its strong team, tech, and partnerships, this could help push SHIBR’s daily trading volume to similar levels as SHIB.