HomePrice of Shiba Inu is surging, gained 12% in 24 hours: best places to buy SHIB

Price of Shiba Inu is surging, gained 12% in 24 hours: best places to buy SHIB

January 13, 2022 By Daniela Kirova

Shiba Inu is up 12.18% in the last 24 hours on news of a Robinhood listing. This isn't the first time such rumors have surfaced. Shiba Inu's October 2021 peak may have been due to the same rumors. This article has everything you need to know about how and where to buy SHIB.

Top places to buy SHIB now

Failed to load data.

What is SHIB?

Shiba Inu (SHIB) is a decentralized meme token created in August 2020. It has always been compared to Dogecoin, but the fact that they are both dog-themed meme coins is all they have in common.

Developers released SHIB on Ethereum as an ERC-20 token with a total supply of one quadrillion coins. Prior to the launch, half of the digital coins were transferred to the Uniswap DEX and the keys were destroyed. 

Developers transferred the other half to Vitalik Buterin, the founder of Ethereum. He destroyed 90% of the tokens by sending them to a non-existent address.

Should I buy SHIB today?

SHIB is doing well now, but it’s trading well below its all-time high of $0.000087 per coin towards the end of October. It’s currently changing hands at $0.000032, according to data from CoinMarketCap. Invest at your own risk.

SHIB price prediction

Digital Coin Price predicts that in 2025, the price of Shiba Inu (SHIB) might be $0.000535, and according to some analysts, the bull run might lead to $0.000727.

SHIB on social media