Shiba Inu gained 35% after being listed on Robinhood, one of the top trading platforms globally. Additionally, the team announced that their metaverse land sale is active. The coin gained another 20% today. Look no further than this short article for all the details about Shiba Inu: what it is, is it worth investing in, and the best places to buy Shiba Inu right now.
Top places to buy Shiba Inu now
As SHIB is such a new asset, it has not yet been listed on major stock exchanges. You can still buy SHIB using a DEX (decentralized exchange), which just means there are a few extra steps. To buy SHIB now, follow these steps:
1. Buy ETH on a regulated exchange or broker such as eToro ›
We suggest eToro because it is one of the world’s leading multi-asset trading platforms, an all-in-one exchange and wallet with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other service out there.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You will need to create your wallet, get your address and send your coins there.
3. Connect your wallet to Uniswap DEX
Head over to Uniswap, and ‘connect’ your wallet to it.
4. Now you can exchange your ETH for SHIB.
Now that you are connected, you can exchange hundreds of currencies, including SHIB.
What is Shiba Inu?
Shiba Inu is an Ethereum-based altcoin that features the Japanese Shiba Inu dog breed. Shiba Inu is widely considered an alternative to Dogecoin. His supporters consider him “the Dogecoin killer”. Like Dogecoin, Shiba Inu is a meme currency. It was created in August 2020 by a pseudonymous individual or group named Ryoshi. According to the white paper (“woof”), Shiba Inu was conceived as a 100% community-run cryptocurrency project. Its founder attributes its origins to a “decentralized spontaneous community building experiment”. According to him, the power of collective decentralization can build something stronger than a centralized team could ever create. The aim of the project was to create something out of nothing. It was not founded from a pre-assembled team or an existing community. The love for Shiba Inu dogs also had a lot to do with it.
Should I buy Shiba Inu today?
Nothing can replace doing your own research. Any investment decision you make should be based on your market experience, your attitude to risk and the characteristics and distribution of your portfolio. Also, consider how you would feel about losing money.
Shiba Inu price prediction
According to Business2Community, the Shiba Inu will reach $0.000030 this year. At the end of 2023, it will trade at $0.000040. Within two years, the Shiba Inu community is expected to grow even more and the SHIB will exceed US$0.0001.
Shiba Inu on social media