In this article, We will share information regarding the Shiba Inu coin. We also share the facts that is Shiba Inu really a Dogecoin killer or just fiction and we will also share Why Shiba Inu is best for investment. We will give you detailed information on Shiba Inu so that you can make a decision on Shiba Inu investment. We are going to share some updates regarding the Shiba Inu future in the cryptocurrency world.
What is Shiba Inu?
Shiba Inu is based on the Ethereum blockchain the Shiba Inu team launched this token with the title of dogecoin killer. Nowadays Shiba Inu has a more than $6 Billion market cap. Shiba Inu is a dog theme-based cryptocurrency that why people compared it with Dogecoin because the theme of both coins is dog based.
History of Shiba Inu
Shiba Inu coin started its journey in August 2020 as a meme coin and with its capability and developers’ road map nowadays Shiba Inu coin decentralized ecosystem day by day Shiba Inu gained the trust of investors with their road map developers’ efforts. At the time of launch 50% supply of Shiba coin was in Vitalik Buterin’s Ethereum wallet. There is a magical moment in Shiba Inu history when people get to know about Shiba Inc when Vitalik Buterin donate 10% of Shiba Inu coins to India’s Covid-19 relief fund.
Shiba Inu Ecosystem
Shiba Inu is partitioned into different tokens that assist the whole digital money environment with working:
* SHIB – This is the essential Shiba Inu cash that can be exchanged and utilized as a mode of trade.
* Chain – This token is restricted to 107,646 units, making it the most restricted of the Shiba Inu-related coins. It awards those who approve digital currency exchanges with marking incentives.
* BONE – This token has 250 million units, and it’s utilized to permit those operating Shiba Inu to decide on different recommendations.
Shiba Inu features a variety of local components, such as ShibaSwap, its own decentralized platform for transferring money.
The Advantages of Buying Shiba Inu Coin
- Shiba Inu Coin is Very Cheap.
- SHIB Has Impressive Exchange Listings.
- Shiba Inu Coin is a medium-cap asset.
- SHIB Can Communicate With DeFi Projects on Ethereum.
- It offers more security in its non-custodial exchange.
- It is highly advertised.
- It has a high liquidity ratio.
- It is a lower-risk investment compared to other coins.
How to Invest in Shiba Inu?
Nowadays, There is lots of option to invest(Buy) Shiba Inu here are some popular exchanges popular crypto exchanges apps such as Coinbase, WazirX, and Binance or you can buy it with help of brokers but we will suggest you buy cryptocurrency through crypto exchange apps because it is a more convenient way.
Note: Please do some research on the cryptocurrencies you going to buy don’t trust anybody blindly.