Shiba Inu (SHIB) token has remained strong despite Elon Musk’s revelation of not owning it; something most investors thought would cause the coin to plummet.
To help investors and traders who are eyeing to buy and hold the SHIB coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to trade SHIB coin
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a dog-pegged meme coin whose popularity has been on the rise since it was unveiled. It is a close competitor of Dogecoin.
It has received a lot of support from the dog-meme community especially those that missed out on Dogecoin’s pump.
Its popularity on social media recently surpassed that of Dogecoin and Bitcoin, which are some of the most trending cryptocurrencies at the moment.
Should I buy the SHIB coin today?
If you are looking for a dog-meme coin that has a promising price, then the SHIB coin is a good choice. It is expected to pump like the dogecoin and probably get above Dogecoin in the future.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Shiba Inu price prediction
Elon Musk’s revelation of not owning any SHIB coin vindicates that the dog coin is self-built and does not depend on the pumping of popular celebrities. Furthermore, the revelation did not have a major effect on the coin and it is expected to continue with its bullish trend.
Shiba Inu social media coverage
We don’t need Elon for $shib. Case and point: we ate that dip fast. See you at 0.001 with burning and robinhood listing 😎
— MAJESTIC: (@MajesticDrama) October 24, 2021
— CoinGecko (@coingecko) October 24, 2021
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