The Shiba Inu live price today is $0.000032 with a 24-hour trading volume of $1.75 billion. Shiba Inu is up 12.18% in the past 24 hours. If you are drawn to unique characteristics and want to know how and where to buy a Shiba Inu, this guide is for you.
Best Places to Buy Shiba Inu Now
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What is the Shiba Inu?
Shiba Inu (SHIB) is a token inside the Shiba Inu ecosystem. This decentralized meme token was created in August 2020 by Ryoshi – an anonymous person or group of people.
Ever since the Shiba Inu coin hit the cryptocurrency market, it has been compared to the DOGE coin, but in reality, they have nothing in common other than being meme coins and an occasional endorsement from Elon Musk.
The project even parodies Dogecoin with its use of the Shiba Inu dog, but the developers of SHIB aim to address serious and real issues.
SHIB was released on the Ethereum blockchain as an ERC-20 token with a total supply of one quadrillion coins. Before the launch, the developers transferred half of the digital coins to Uniswap DEX and destroyed the keys.
The other half of the coins were transferred to Ethereum founder Vitalik Buterin. He burned 90% of the SHIB tokens by sending them to a non-existent address.
Should I buy Shiba Inu today?
Given how difficult it is to make an accurate cryptocurrency prediction, you should never make decisions affecting your finances before thorough market analysis. Don’t invest more than you can afford to lose.
Shiba Inu Price Prediction
Gov Capital is very optimistic and foresees a positive trend throughout the year. According to them, Shiba Inu could make a huge bull run to $0.000173 – $0.000223 by the middle of this year and an impressive $0.00041 by the end of 2023.
Shiba Inu on social media
— Keyur Rohit (@KeyurRohit) January 12, 2022