Once upon a time, there was a very special Japanese dog breed, shiba inu, which inspired millions of people around the world to invest in tokens bearing its likeness. Admittedly, SHIB has lost some of its spectacular gains.
Does Shiba Inu have a future? Read on to find out.
Top places to buy SHIB now
eToro
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Bitstamp
Bitstamp, established in 2011, is a pioneer in the cryptocurrency exchange world, offering a secure and straightforward platform for trading a variety of digital currencies. It’s known for its user-friendly design, robust security measures, and global reach, making it a preferred choice for crypto traders worldwide.
What is SHIB?
Shiba Inu attempted to be the Ethereum-based counterpart to Dogecoin’s Srypt. Shiba Inu ranks alongside a host of dog-themed coins: Baby Dogecoin, JINDO INU, Alaska Inu, and more. These lesser-valued tokens have attracted investors who missed the Dogecoin pump from $0.0002 to nearly $0.75. SHIB’s price skyrocketed after Coinbase listed it in September 2021.
Should I buy SHIB today?
Shiba Inu seems to be losing as rapidly as it was once appreciating. You absolutely can make money speculating on SHIB-USD, but also lose it.
SHIB price prediction
In line with earlier calls for Dogecoin to hit $1, people on TikTok and YouTube cheered for Shiba Inu to hit $0.01. However, this is not likely because Shiba Inu would have to rise at least 170x. Its structure is sounder than that of Dogecoin, but it might not have much value in the long run.
