Since the inception of cryptocurrencies, their popularity goes on increasing. It is not going away, or be limited as it has fast transactions, digital, secure, and worldwide, which maintains the records without risk of data being pirated. in the beginning, only Bitcoin and Ethereum were in the discussions of many. But slowly other coins came into the picture and have seen popularity. In this article, we’ll take a look at the latest crypto Shiba Inu coin, which has been grabbing the interest of many, and how to buy Shiba Inu Coin in India.
In addition to this, we are seeing a rise in the celebrities, companies, and brands’ interest in Altcoins. In 2021, many companies and brands have started accepting payments in crypto, and celebrities like Mark Cuban, Elon Musk, and even Jordan Belford are endorsing cryptocurrencies.
What is the Shiba Inu coin?
In the crypto market, Shiba Inu (SHIB) is the latest Altcoin (any coin except Bitcoin called an Altcoin). As per the Shibatoken, the official website of SHIB this coin is an experiment in decentralized spontaneous community building.
Recently invented Dogecoin(DOGE), which was created by two engineers as a bitcoin parody reached epic new proportions. But now Shiba Inu (SHIB) cryptocurrency is stealing the show. Shiba Inu is also self-proclaiming ‘Dogecoin Killer’ and so far attracted interest from many investors.
However, dogecoin is the fourth most valuable cryptocurrency as per the CoinMarketCap, and worth roughly $67 billion. But, SHIB Token is an ERC-20 that is compatible with the broader Ethereum network, which allows the creation of a variety of applications, including tokens, that don’t require intermediary services to operate. Also Shiba Inu Token has quickly gained worldwide attention.
Despite its popularity, it is suggested that people should invest cautiously in these coins because of their sudden rise and fall statistics.
How To Buy Shiba Inu Coin In India?
Competition with the latest Dogecoin has been increased with Shiba Inu because of its popularity and even Elon Musk shows his interest in buying Shiba Inu puppy.
In India also, people are actively engaging with cryptocurrency than ever before. Despite rising threats by the government and the sudden rise and fall of Altcoins, India is still trading in Cryptocurrencies. Investors can use the platforms like CoinDCX, Binance, and Coinbase to purchase the Shiba Inu coin.
Shiba Inu isn’t available on major Indian crypto trading platforms like WazirX, Coinswitch Kuber, and CoinDCX GO.
Further Reading:
- 5 Best Platforms To Buy Cryptocurrency In India
- How to Buy and Sell Bitcoin in India
- 3 ways to earn Money from BLOCKCHAIN technology
- Blockchain technology will change your life – world without middlemen
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