Today, we are going to provide details about a new coin which is deemed to be a new Dogecoin, yes the coin is named after a Japanese dog breed name Shiba Inu. Shiba is all set to be listed on the Huobi exchange. This coin is being backed by the Asian market and they claim to be the DOGEkiller on their official website.
SHIB ecosystem allows you to hold millions or even trillions of them since it is their first token. It is an experiment in decentralized spontaneous community building.
How much are Shiba Inu tokens worth?
The value of Shiba Inu is currently sitting at $0.00001499 with a 142% growth as we speak, compared to a lower $0.0000006 in May, according to CoinMarketCap.
Shiba Inu hit its peak of $0.00004 on April 20 but has since dropped to its current level.
In comparison, Dogecoin is currently worth $0.60 – up from $0.005 at the beginning of the year.
The value of Dogecoin has surged thanks to celebrity backing, while a bunch of Reddit threads also called for it to hit a value of $1 per coin.
Where to buy Shiba Inu?
Right now these coins are available via Trustwallet, Uniswap applications. Soon, they are going to be released on Huobi exchange which is going to be huge in the development of the price of the coin. So, if you wish to wish to buy the coin you can register on Huobi and buy the coin soon.
Huobi: https://www.huobi.com/en-us/register/
For details check their official website: https://www.shibatoken.com/
Final Thoughts.
The coin growth as we speak is good and if you have some spare investable amount you can invest in this coin for now and wait for at least a few months for good profits. Let’s all wait and see if this coin can reach the heights of Dogecoin.
