Shiba Inu Coin was first created mid-August 2020 to make fun of the situation!! It eventually reached a value around 0.0000001USD. The coin reached its maximum value of 0.00009493 dollars by May that year. It has been steadily declining in value but it is still one of the most sought-after coins 🪙 ️ 💵 1️⃣ !
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What is Shiba Inu Coin?
Shiba Inu Coin is a decentralized peer-to-peer digital asset!! It is built on the Ethereum network and is used as a decentralized governance system and crypto-currency. The project’s goal is to make a lasting impact in the crypto-economy, with the coin being used to create new projects and develop innovative products.
The coin was initially launched as a joke, with much of the project’s initial price tag rooted in speculation and media hype. Over time however people began to realize that the coin could be used to build out new projects and the coin’s value soared 🪙 🆕.
How to Buy Shiba Inu Coin?
Shiba Inu Coin is available on a variety of crypto-exchanges. The easiest way to buy SHIB is through a major crypto exchange like Binance or Huobi Global.
Before you can purchase SHIB you’ll need to create a secure wallet ️. You can create a wallet online, or you can purchase a hardware wallet. We recommend you use a hardware wallet as it provides an additional level of security.
Once you have created a wallet you can transfer your funds from your bank account or other payment method to your wallet.
Once your funds are transferred you can then purchase Shiba Inu Coin on an exchange. Most major exchanges allow you to buy SHIB directly with your local currency. Alternatively you can purchase Bitcoin or Ethereum and then exchange it for SHIB.
As the coin’s value is highly volatile, it’s important to be aware of the risks before investing. Ensure you’ve done your research and understand the project before committing your funds .
Storing Shiba Inu Coin
Once you’ve purchased Shiba Inu Coin you’ll need to store it securely. A software wallet is the easiest option but you should also consider a hardware wallet as it provides an additional level of security ️.
Whatever type of wallet you choose, be sure to enable two-factor authentication (2FA) and use a powerful password. This provides an additional layer of security and helps protect your funds from malicious third-parties.
Shiba Inu Coin is also supported by many other wallets and services covering things like Coinbase and MetaMask. You can find a full list of accepted wallets and services on the project’s official website.
Shiba Inu Coin’s Future
Shiba Inu Coin has experienced wild estimate fluctuations since its launch in mid-2020. The coin’s value dropped significantly in late 2020 and early 2021 but it has since recovered and is currently trading at around 0. 00000597 USD 💵.
It’s impossible to predict how SHIB will perform in the future . Many believe that the project has huge potential but there is still tons of uncertainty surrounding the project .
Shiba Inu Coin is a joke-coin created in mid-2020. Despite its initial low rate, the coin has since seen large rate increases, with its value peaking at around 0. 00009493 USD in mid-May 2021 💵. To buy SHIB you’ll need to create a secure wallet and then purchase it on a crypto exchange 🔛 ️. Storing SHIB securely is essential so be sure to use a software or hardware wallet with two-factor authentication (2FA) and a powerful password. The future of the coin is uncertain and can’t be predicted so be sure to do your research and understand the risks before investing 🪙. ! .
💵 1️⃣ 🌎 🆕 🪙 ️ 🔛 🏦