Shiba Inu outperform other coin
Shiba Inu, created in August 2020, has already made many millionaires. No other coin has had such a good impact on people’s lives. In this article, we will discuss why Shiba Inu MUST outperform other coins. There are many reasons; however, we will discuss three strong reasons.
In this section:
- What is Shiba Inu?
- Shiba Inu analysis for the past year.
- Why Shiba Inue outperform other coins–An analysis
- Where to buy Shiba Inu
- Price Prediction of Shiba Inu during 2022, 2023, 2024, 2025
1. What is Shiba Inu (SHIB)?
SHIBA INU, created anonymously in August 2020, is the DOGECOIN KILLER (according to the SHIBA INU website) because of its enormous popularity in a very short period of time (within one year). The SHIB is listed in the ShibaSwap, which is a DEX. While Bitcoin (BTC), DOGECOIN (DOGE), and other coins took more than 8 years to gain confidence and become popular, SHIB took only 1 year to surpass the popularity of predecessors.
SHIB is the Ethereum-based meme coin and is a strong rival of DOGE, which is based on Srypt-based algorithm. While Coinbase, the largest US crypto exchange, listed SHIB on their platform on September 2021, Robinhood did son on April, 2022, after huge demand from investors. In the USA, other popular platforms that listed SHIB are Bitmart, Binance, eToro, and Crypto.com.
SHIB has also attracted exchanges from other countries such Bitso from Mexico, Giottus from India, Bitstamp from Europe, and Korbit from South Korea. Some other countries are also coming forward to list SHIB in their crypto exchanges.
2. How to buy Shiba Inu?
Investors can buy Shiba Inu from different exchanges including Coinbase, Robinhood, Bitmart, Binance, eToro, Crypto.com among others. Buying SHIB is more easy on Robinhood and Coinbase. Investors can buy SHIB with cash from Robinhood and Coinbase.
Steps to buy from Coinbase:
Step 1: Open an Account with Coinbase.
Step 2: Verify your account
Step 3: Add Bank Account
Step 4: After adding Bank account with Coinbase, you can instantly buy SHIB with cash. Coinbase will add your purchase as soon as you click on “BUY” and will pull money from your bank later.
Buying from Robinhood: Buying SHIB from Robinhood is also easy; however, investors have to transfer fund to RObinhood first, then they can buy SHIB with the available balance.
Buying SHIB from Bitmart:
To me the most difficult part in buying SHIB is to buy USD first, then transfer USD to Bitmart. Here the major concerns from investors’ point are:
- You have to pay commission while buying USD
- You have to pay fee while transferring the USD from one platform to another one
- You have to pay fee while buying SHIB with the USD.
Bottom line: Considering all theses concerns, buying SHIB from Robinhood or from Coinbase seems more easily and saves money.
3.
1. What is Shiba Inu?
1. What is Shiba Inu?