The capitalization of SHIB is growing more and more and could exceed that of DOGE in the coming months.
Shiba Inu (SHIB) course: what is the current price?
Here is the live course of the Shiba Inu. On the same subject : Crypto Ethereum (ETH): Should You Buy ETH at the Current Price? Analysis, prediction & weekly news.
Shiba Inu’s news of the day as of 05/10/2022:
The intensive token burning of Shiba Inu tokens by the community continues. On Friday, May 6, users “burned” 405 million SHIBs by sending them to addresses without holders, which therefore amounts to removing them from circulation.
While this activity aims to reduce the supply of SHIB in order to drive up memecoin prices, its effect is not yet noticeable, despite the 25 billion SHIB already taken out of circulation by the burn portal. shibaswap in two weeks.
The movement should nevertheless experience a boost since rewards will be distributed from May 17 for burners of SHIB. A way to motivate the troops and drive prices up faster?
Mid-term ETH price prediction: With projects looming soon, one cannot imagine that Shiba Inu will once again experience the October 2021 record.
Long-term ETH price prediction: Despite a drop of almost 60% of his ATH, Shiba Inu saw the arrival of the whales. Experts predict a price of $0.000248 by 2023.
Our overall opinion on crypto (SHIB) for 2022
68% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.
- Opinion on the Shiba Inu project: The Shiba Inu can go far by integrating DeFi. The project would therefore combine business with pleasure; or rather the useful as a joke!
- Price Volatility Notice: The price of SHIB is still very volatile compared to Dogecoin.
Conclusion – should you invest in Shiba Inu crypto? Where and how to buy it?
There’s more to the Shiba Inu than just the meme and that’s a good thing. This may interest you: Will the price of the crypto Cardano (ADA) explode soon? Opinion and prediction. His prominent projects make cryptocurrency remain promising.
HASbuy the Shiba Inu (SHIBA) to trade
To trade this cryptocurrency, the eToro broker is the most suitable. In addition to buying the tokens, this platform allows you to trade short-term crypto CFDs without having to hold the tokens.
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Step 1 : use the search bar of the eToro platform to find the cryptocurrency.
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2nd step : then click on “Invest” to give the amount of cryptocurrency to buy and validate the transaction.
Read This article to find out how to buy cryptocurrency on eToro.
68% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.
Buy the Shiba Inu to invest
To invest in this cryptocurrency by holding them in a wallet, go to the Binance platform.
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Step 1 : go to the “Buy cryptos” tab then choose the payment method of your choice.
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2nd step : select the crypto to buy and proceed to secure payment. Then, the cryptocurrencies will be credited to the dedicated wallet.
Read This article to find out how to buy cryptocurrency on Binance.
Useful resources for investing in the Shiba Inu (SHIBA)
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68% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money. eToro users in France cannot open positions to buy real crypto assets, all orders are opened as CFDs.
Alm Maye has been a trader and analyst since 2013. He is an expert in equity markets, Forex and cryptocurrencies. He is the creator of Almvest.com and Imveste.com, two sites dedicated to personal finance. He participates in the development of feature articles on specialized sites such as Actions-boursieres.fr, as well as the international network of Finixio.com.