Why i should Buy crypto Shiba Inu (SHIB) right now! and Where to Buy Shiba !


Why i should  to Buy crypto Shiba Inu (SHIB) right now! and Where to Buy Shiba

                 


! Cryptocurrencies have become mainstream in 2021, as many corporates and brands have started accepting payments in crypto. A lot of celebrities like Elon Musk, Mark Cuban and even Jordan Belford have started to endorse cryptocurrencies. In the beginning, only a very small handful of cryptocurrencies were taken seriously, mainly Bitcoin and Ethereum. However, over the past year or so has seen a resurgence of the Altcoins. What are these Altcoins?

Basically, any coin other than a Bitcoin can be called an Altcoin. Examples of a few Altcoins would be Ripple, VeChain, Dogecoin etc. Over the past year, the prices of Altcoins have risen significantly, even overshadowing the percentage gains of Bitcoin and Ethereum. So, Altcoins have become attractive investments for investors looking for fast profits. A new Altcoin called Shiba Inu Coin has recently been gaining traction online. In this article, we'll take a look at how to buy Shiba Inu Coin in India. 

What is Shiba Inu Coin?

According to their official website, the Shiba Inu Token (SHIB), is an experiment in decentralised spontaneous community building. The creators of this token have created it from inspiration from Dogecoin. However, the creators of Shiba Inu aim to make SHIB more than just a joke. The SHIB Token is an ERC-20 compatible with the Ethereum network. The Shiba Inu has been called 'Dogecoin Killer' by its community. This cryptocurrency has quickly gained worldwide attention, in part because of the rising popularity of Dogecoin. 



How is Shiba Inu different from Dogecoin?

Shiba Inu coin can be seen as a new version of Dogecoin.

Originally launched back in 2013, Dogecoin is arguably outdated, due to the introduction of DeFi, NFTS and greater market liquidity than in 2013.


Shiba Inu attempts to fix this issue in its tokenomics. Half of the supply was given to Buterin as outlined above while the rest will be available for normal traders to buy. They state that this process will reduce the likelihood of concentrated hands holding the coin and impacting its useability for transactions.


Where can I buy Shiba Inu?

Binance

To buy Shiba Inu on Binance, traders will need to register for an account and search for the coin. Based in the Cayman Islands, Binance has established itself as one of the most prominent companies in the crypto space. With its own smart chain, hundreds of listed coins and a plethora of trading products, Binance is one of the go-to options for traders looking to buy cryptocurrencies like Shiba Inu, as well as many others.

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