Shiba Inu Coin (SHIB) Growth, How to Buy Shiba Inu (SHIB) 2022 for Beginners
Sciencelovers - Shiba Inu (SHIB) is one of the crypto projects that is touted as the Dogecoin killer or Dogecoin killer (DOGE).
The performance of Shiba Inu (SHIB) is quite brilliant and is predicted to beat DOGE's appeal.
Rumor has it that Elon Musk is interested in SHIB and is starting to leave DOGE.
With the increasingly vibrant crypto market, many are asking how to buy Shiba Inu (SHIB), such as on Binance, Tokocrypto, Trust Wallet, Indodax, Zipmex, and so on.
It should be understood first that SHIB is a coin owned by the Shiba Inu.
What is Shiba Inu Coin (SHIB) at a Glance
Shiba Inu Coin (SHIB) is a decentralized meme coin that was created anonymously in August 2020.
As one of the decentralized crypto assets, Shiba Inu (SHIB) has its own decentralized exchange (DEX). With DEX, Shiba Inu allows users to stake assets, trade NFTs, and earn rewards in many other unique ways.
This meme coin, which at first glance is similar to Dogecoin, managed to get high sales figures. In fact, according to the official Shiba Inu website, SHIB is being called the "Dogecoin Killer".
On September 17, 2021, one of the largest US-based crypto exchanges, listed Shiba Inu on their platform. The news suddenly caused the price of SHIB to skyrocket more than 30 percent in the next two days. Since then, Shiba Inu (SHIB) has grown in popularity and has been in the spotlight of many investors in the crypto space.
Shiba Inu Coin (SHIB) Growth
In July 2021, the total locked asset value of SHIB jumped to around US$2 billion, but has since fallen below US$300 million. However, this declining value does not prevent big investors from buying Shiba Inu (SHIB) in large quantities.
Even quoted from Yahoo Finance, in the last week of last September an unknown investor bought about 6.2 trillion US dollars SHIB at a price of 44 million US dollars.
Then in the following month, on October 5, 2021, the SHIB price increased by more than 55 percent from around US$0.00000715 to a daily high of US$0.00001315 after rumors of a decentralized exchange.
Then, on October 27, 2021, the SHIB value reached an all-time intraday high of $0.00008841.
Quoted from The Fool website, since it was first launched until October 2021 the profit generated by Shiba Inu (SHIB) was 17,335,194 percent. This increase is considered to be able to bring great benefits to those who have adopted SHIB since its inception.
Unfortunately, SHIB price growth is not always at the peak. On November 4, 2021, some time after the price had experienced ATH, SHIB declined to an intraday low of 0.00004340 US dollars.
This decrease was recorded to reach almost 51 percent. This significant decrease in SHIB was claimed because there was a whale who sold all of its SHIB assets.
Is it too late to buy Shiba Inu (SHIB) Coins in 2022?
The significant increase experienced by Shiba Inu (SHIB) some time ago might make some of you wonder, is it too late to buy Shiba Inu (SHIB) coins in 2022? The answer, of course not.
Dogecoin seems to no longer be the only meme coin. The reason is, Shiba Inu (SHIB) is a crypto asset that is on the Ethereum network and is currently the fastest growing digital currency.
Quoted from the Fool website, although its value had experienced a decline after experiencing a high spike, Shiba Inu (SHIB) is predicted to still increase by approximately 82 million percent this year.
However, it is important to understand that all investment instruments are speculative in nature, subject to substantial risks and uncertainties. Therefore, every investor is obliged to understand the assets and risks before making any investment.
Based on the CoinMarketCap website, the price of Shiba Inu (SHIB) to IDR when this article was written was IDR 0.4838 with a 24-hour trading volume of IDR 7 trillion.
Currently, Shiba inu (SHIB) is in the 13th position with a direct market capitalization of IDR 265 trillion.
The Right Time to Buy a Shiba Inu (SHIB)
In essence, you can buy and invest Shiba Inu Coins (SHIB) at any time as long as you have searched for information, such as price movements, profits, to the risks that will be faced.
The reason is, just like other crypto assets, SHIB is volatile. One day the value could go up, the next day the value could drop drastically.
But despite the risks, according to the AnalyticsInsight website, If you're planning to buy Shiba Inu (SHIB) at the best price, 2022 is the year to do it.
This is because the value of the SHIB is expected to increase to a value of 1 US dollar.
In fact, as a result of its popularity, today, Shiba Inu has been listed on various leading exchange platforms. You can start investing in Shiba Inu Coins (SHIB) quickly and easily with just an app.
SHIBs can be traded on a crypto market known as a crypto exchange.
Some well-known crypto exchange platforms such as Binance, Coinbase, Indodax, Tokocrypto, and many more. However, there is a much more attractive alternative than simply buying crypto on an exchange, namely buying crypto currency (crypto) via a multi-asset broker. One of them at Capital com.
Why is that? Because in addition to providing many cryptocurrencies, one of which is Shiba Inu (SHIB), Capital com facilitates you to be able to invest and trade in global stocks, commodity sectors, global indices, forex, and CFDs.
This is what a platform that only provides crypto doesn't have. Not so interesting.
Through Capital, you can buy the world's best stocks, such as Amazon (AMZN), Google/Alphabet (GOOGL), Tesla (TSLA), Facebook (FB), Apple (AAPL), and many more.
Then, how to buy Shiba Inu at Capital as well as buy other best investment instruments?
Capital.com – CFD Trading Platform
Capital com can be called a multi-asset broker and is well known for providing the most popular derivative instruments namely CFD (Contract for Difference). Founded in 2016, Capital is currently headquartered in the UK, Cyprus and Belarus. Capital has obtained permits, regulations, or legalities, namely:
• Financial Conduct Authority/FCA based in United Kingdom;
• Cyprus Securities Exchange Commission/CySEC based in Cyprus;
• The National Bank of the Republic of Belarus/NBRB is based in Belarus.
What Capital offers and doesn't have Binance, Indodax, Tokocrypto and other crypto platforms. Through Capital, you can invest or trade various assets, namely:
• Crypto (such as: Shiba Inu, Bitcoin, Ripple, Ethereum, Cardano, Dogecoin, etc);
• Stocks (such as: Facebook, Apple, Google, Tesla, Amazon, etc);
• Commodity Sector (such as: Gold, Crude Oil, Natural Gas, Silver, Copper, Oil Brent, etc);
• Forex (eg: EUR/USD, GBP/USD, USD/CAD, EUR/GBP, etc); and
• Indices (eg: US Tech 100, Germany 30, UK 100, Japan 225, etc).
This indicates that Capital is far superior to Binance, Coinbase, Indodax, or Tokocrypto in providing asset facilities.
Noted, registered users on Capital com more than 800 thousand people around the world. This is certainly not a small amount.
Here, we will provide a guide on how to buy Shiba Inu (SHIB) as a potential crypto asset for long-term investment.
