![]() ![]() Yes, you’ve read that right - 7 MILLION PERCENT. To put things into perspective, you can think about it this way - comparing the launch of the coin in August of 2020 with the highest price point up to early November of 2021, the price of Shiba rose by over 7,000,000%. This is where people REALLY started looking at where to buy Shiba coin in US, and various other parts of the world. Whether it’s due to the fact that the token is similar to the well-known DOGE, or some other reason, the hype did die down pretty soon. Looking through the various Shiba coin charts, it’s evident that the crypto * did* experience some success at the very beginning. Both of the aforementioned missions are being promoted and executed in a variety of different ways. Shiba has two major missions - to bring artists together for the sake of creating Shiba-related artwork ( in the form of Ethereum-based NFTs), and to save as many real-world Shiba Inu dogs as possible. It was, evidently, inspired by Dogecoin, and the meme culture surrounding it. While gaining widespread popularity in the latter half of 2021, the Shiba coin was actually created in August of 2020. It has all of the benefits associated with ERC tokens ( easy NFT integration, ease of purchase, storage options), as well as some of the negatives, as well ( read: ETH gas fees).įor the sake of simplicity, though, and in order to avoid confusion, for the rest of this “ Shiba Inu coin price, where to buy?” guide, we’ll be referring to the token as a “ coin”. Shiba, however, is located on the Ethereum blockchain - it’s an ERC-20 token, just like many others. To that, I answer - everyone who’s looking at where to buy Shiba coins SHOULD care!Ĭrypto coins are assets that have their own blockchains. If you’re a cynic, you might say - “ who cares about the semantics!”. Thus, whether you’re looking for Shiba coin RobinHood, Coinbase, or else, you should take that into consideration.Īnother important factor to note is that Shiba coin, unlike Dogecoin, isn’t even actually a coin, either - it’s a token. This is mostly due to the fact that, in both cases, the mascots ( and names, honestly) for the coins are dogs - the Japanese Shiba Inu dogs, to be exact.Īpart from sharing the name and mascot likeness, however, the Shiba coin has nothing to do with Dogecoin. Truth be told, it’s best to look at it from the other side of the spectrum, and discuss what it ISN’T - Shiba coin isn’t Dogecoin.īelieve it or not, but many people do confuse the two crypto assets in question.
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