Shiba Inu (SHIB), Dogecoin Killer up more than thousands of percent now available on Binance. Altcoins cycle is on and day after day there are no. of coins that can go 1000% up and down the bare minimum. Some can go more than 1000% as well. After the Dogecoin frenzy which is slightly settling but not for long, SHIB is the talk of the town. SHIB coin got listed yesterday on Binance.
Dogecoin is now the benchmark for random coins and Dogecoin is sitting right below BNB at No.4.
SHIBA Token small summary:
Shiba Inu (SHIB) is an ERC-20 Token and is all about Community that many projects take lead. It aims to remain under a penny and still outpace Dogecoin in a small amount of time (relatively speaking).
As per the website, 50% of the total supply was locked to Uniswap and the keys were thrown away, The remaining 50% was burned to Vitalik Buterin. The other 2 tokens include LEASH and BONE. SHIB is also launching SHIBA Swap soon. There are no more things happening that you can check on SHIBA’s website.
How to Buy?
It was relatively difficult for a new Crypto investor to jump in. Swapping via Uniswap is a little easy though a hassle. There are also high Gas fees due to ETH. The world’s one of the biggest Crypto Exchange Binance has listed the Token and it is a lot easier for anyone to invest in one. At the time of writing, SHIB Token is trading at $0.00003346. You can get more info on SHIB on Coingecko.
A small note to anyone looking to get in, do read more and understand before putting in your hard-earned money. Check out Bitcoin, Ethereum, Cardano, Chainlink, etc. SHIB may take time so HODL.