Why Should Investors Go for Shiba Inu? And Where to Buy It?
2022-05-11 17:49:20
Where Is Shiba Inu Available For Purchasing And Trading?
One of the most discussed crypto trends is with no doubt, the appearance of the dog-inspired meme coins. It all started in 2020/2021 with Elon Musk claiming to own Dogecoin, the most important meme coin of all. Since then, people began to speculate what would be the next meme coin to pump up in price, putting the spotlight on another emerging meme coin, Shiba Inu. Investors, who have bet on Dogecoin in 2021, had likely opted to buy Shiba Inu coin, as this coin was launched in August 2020 in an attempt to capitalize on the mass appeal that Dogecoin generated. Shiba Inu founder, Ryoshi, has remained anonymous and claims that he has never owned any SHIB tokens.
According to Shiba Inu’s whitepaper, the coin aims to be the ‘Dogecoin killer’, since it should be a more advanced and sustainable version of it. SHIB token is hosted on the Ethereum blockchain and has mainly been used as a payment method. Since then, over 500 merchants accept it as a payment. The Shiba Inu had a great price development after just a few weeks of its existence, as it was listed on several crypto exchanges: it hit its all-time high of $0.00008 and reached a market capitalization of more than $34.29 billion. Shiba Inu took very little time to be listed on almost every crypto exchanges, which is a good starting point.
Another way to get SHIB is by using Shibaswap, a service offered by the development team. Shibaswap allows you to instantly exchange SHIB with other altcoins and stablecoins, such as ETH and USDC. This requires the users to have at least a basic knowledge of the DeFi wallet management, which makes it a bit more advanced method. If you choose this way, you should send the coins to Shibaswap from an exchange.
One of the most discussed crypto trends is with no doubt, the appearance of the dog-inspired meme coins. It all started in 2020/2021 with Elon Musk claiming to own Dogecoin, the most important meme coin of all. Since then, people began to speculate what would be the next meme coin to pump up in price, putting the spotlight on another emerging meme coin, Shiba Inu. Investors, who have bet on Dogecoin in 2021, had likely opted to buy Shiba Inu coin, as this coin was launched in August 2020 in an attempt to capitalize on the mass appeal that Dogecoin generated. Shiba Inu founder, Ryoshi, has remained anonymous and claims that he has never owned any SHIB tokens.
According to Shiba Inu’s whitepaper, the coin aims to be the ‘Dogecoin killer’, since it should be a more advanced and sustainable version of it. SHIB token is hosted on the Ethereum blockchain and has mainly been used as a payment method. Since then, over 500 merchants accept it as a payment. The Shiba Inu had a great price development after just a few weeks of its existence, as it was listed on several crypto exchanges: it hit its all-time high of $0.00008 and reached a market capitalization of more than $34.29 billion. Shiba Inu took very little time to be listed on almost every crypto exchanges, which is a good starting point.
What Is the Easiest Way to Buy Shiba Inu Coin?
The best choice to buy SHIB depends very much on your level of experience, as there are several ways to get the tokens.If you are new to the world of cryptocurrencies and want to operate in complete security, then the advice is to open an account on Gate.io exchange and buy SHIB directly from there. Gate.io allows you to buy Shiba Inu by credit card or using USDT, both in a few simple steps. Always choose an exchange that is well-known in the industry, as those are the most safe,solid, and reliable.Another way to get SHIB is by using Shibaswap, a service offered by the development team. Shibaswap allows you to instantly exchange SHIB with other altcoins and stablecoins, such as ETH and USDC. This requires the users to have at least a basic knowledge of the DeFi wallet management, which makes it a bit more advanced method. If you choose this way, you should send the coins to Shibaswap from an exchange.
The Importance of Relying on Secure Services.
We hear about frauds, hacks, and outright losses of funds almost every week, so it is crucially important to choose carefully which services you want to rely on. Both, exchanges and DeFi platforms, must have a fairly long and solid history that make them trustworthy and thus, prevent unpleasant incidents. The cryptocurrency industry must improve in terms of security if it wants to strive for mass adoption.Popular News
