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What is a Shiba Inu?

Shiba Inu is an Ethereum variant of the popular Dogecoin programmed using the Scrypt algorithm. Shiba Inu, officially launched in August 2020 by an anonymous group of programmers called Ryoshi, is an ERC-20 token that aims to dethrone Dogecoin as a comic book coin (meme coin). The digital asset’s name is inspired by the Shiba Inu, a Japanese breed of dog. Shiba and other digital assets inspired by pets are called comic book coins (meme coin).

It is named after the Shiba Inu (柴犬), a Japanese breed of dog
originating in the Chūbu region, the same breed that is depicted in
Dogecoin’s symbol, itself originally a satirical cryptocurrency on the
basis of the Doge meme.

Shiba Inu is credible. The cryptocurrency has proven its credibility in real-life use cases, gradually building a booming ecosystem and becoming part of the fast-growing decentralized finance (DeFi) ecosystem on the ShibaSwap decentralized exchange (DEX) platform.

How to buy SHIBA Inu tokens?

You can buy Shiba Inu on many exchanges. In this post I will show you how to buy Shiba Inu on Binance.

You can easily and quickly buy Shiba Inu by paying with a credit card.

buy Shiba Inu on Binance

If you have some stablecoin (such as USDT or BUSD) you can buy Shiba Inu on Binance with Spot Market.

buy shiba usdt

The minimum amount you can buy a Shiba Inu for is $10.

The shiba inu coin, or SHIB, is an ERC-20 token that fuels the Shiba ecosystem. Comprising three separate tokens – SHIB, BONE and LEASH – that users can stake, swap or deposit into liquidity pools on the ShibaSwap decentralized exchange to earn interest and rewards.

Shiba inu is generally perceived as a meme currency just like other dog-themed cryptocurrencies such as dogecoin and features a similarly viral following greater than 1.2 million people on Twitter. SHIB’s price often makes news headlines, since it routinely notches tremendous gains and endures equally steep losses.

On the following exchanges you can buy or sell Shiba Inu:

1. Binance

2. Coinbase

3. Gate.io

4. Poloniex

5. Bittrex

6. Bybit

7. Probit

8. Cex

 

Current price of Shiba Inu

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