New Delhi: Self-hailed as Dogecoin killer, Shiba Inu is 8% down after a big 27% pump. The coin has already gathered huge attention and has emerged as one of the favored choices of investors.
The price of the ethereum-based meme token could double imminently as the cryptocurrency market recovers from the recent crash, as per FXStreet
“Despite almost two weeks of consolidation, SHIB has overcome indecision, working in favour of the bulls after gaining over 55 percent in market value from its bottom,” FXStreet reported.
What is the current price?
The value of Shiba Inu (17 June 2021) has fluctuated between a 24 hour low of Rs. 0.000523 and a high of Rs 0.000725, at the time of writing.
Shiba Inu saw sudden gain after a huge dump as it is being reported that Coinbase pro, a cryptocurrency exchange platform, is going to list the coin on its platform.
Starting immediately, we will begin accepting inbound transfers of CHZ, KEEP, and SHIB to Coinbase Pro. Trading will begin on or after 9 am Pacific Time (PT) Thursday, June 17, if liquidity conditions are met, says the Coinbase Blog.
The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.
How to buy Shiba Inu coin in India?
While there is a looming threat of a ban from the government, Indians are actively trading cryptocurrencies.
In India, Shiba Inu cryto coin is traded at an Indian exchange named WazirX.
Shiba Inu tokens are also listed on other platforms like Uniswap and CoinDCX’s web version.
On Uniswap, users can buy and sell cryto currencies in exchange for ETH & Ethereum-based tokens.
Uniswap is an Ethereum-based decentralized exchange.
How to Buy Shiba Inu
If you are looking to buy Dogecoin or Shiba Inu coin, you can use these apps:
WazirX
Download the WazirX app and sign up for the account. Before you start investing in Dogecoin, you need to do eKYC and enable the 2 Factor authentication. You also need to add your bank details to add and withdraw money.
Once you have added your bank account and perform KYC, you can check the available list of coins for trading. Tap on the Buy button in front of Dogecoin and then enter the amount you want to invest in the Dogecoin. You can make payments directly through bank deposit, credit card, debit Carr or UPI.
