Digital currency has gone to the canines officially. The contemporary trading fury over the online token Shiba Inu (commonly referred to as joke or meme coin) has vaulted the leading valuable cryptocurrency. The canine-themed crypto is smacking the market as a valuable asset and even surpassed its apparent inspiration and cousin, the Dogecoin.
Becoming the uptrend
Shiba Inu news of ruling the roost as the most-traded crypto is driving the internet crazy. Over the past six months, Dogecoin, Ethereum, Bitcoin, Internet Computer, and Polygon’s MATICthe contributed the overall vast trading volume, respectively. However, with a sudden change of events, the crypto borne out of a meme became an uptrend and is even surpassing the extensively used cryptocurrencies. People have started to acknowledge and accept the real-world use of the Shiba Inu coin, adding to its popularity.
Who isn’t a fan of dogs! Well, that’s rare. The trading frenzy over SHIB can be seen as a result of the growing popularity of dogs and the meme coupled with the amusing trend.
Is it a good investment option?
Ethereum and bitcoin are widely popular. Ethereum has been leading innovation for a vast array of applications such as non-fungible tokens and decentralized finance, making it an excellent investment. Furthermore, bitcoin witnessed increased investment from investors due to its most trusted and biggest crypto asset. Summing up, the technological superiority of Ethereum and Bitcoin have been the vital driving force in their ever-increasing popularity.
A person can realize the impact of a community-driven project by witnessing the growth of Shiba Inu. SHIB is rallying in the increased number of exchanges, which in turn, increases access and liquidity to the token. Even though SHIB has been listed in the extensively used coins, it has touched a contemporary all-time high price.
Get your hands on the growing crypto SHIB in a matter of seconds. You can buy virtual currency with a bank transfer, credit, or debit card. If credit or debit card purchases are not your style, then you can go for other alternate options such as Neteller or Skrill.
