Shiba Inu (SHIB) has been making waves in the cryptocurrency space recently and is the latest so-called ‘meme coin’ to establish a firm following.

As the cryptocurrency market continues to evolve, with the emergence of the NFT trend and the growing dominance of DeFi, perhaps one of the more unexpected developments is the unlikely success of meme coins – particularly Shiba Inu and, of course, its predecessor Dogecoin.

These tokens may have started as something of a joke, intended to satirize the hysteria surrounding cryptocurrency investment, but their strong performance in 2021 – particularly DOGE’s Reddit-fuelled frenzy back in January/February – has established these tokens as genuinely viable projects.

But whereas Dogecoin is something of a one-trick pony, the Shiba project is expanding to include its own decentralized exchange and additional tokens as part of a complete blockchain ecosystem.

So what sort of trajectory is SHIB likely to be on over the next few years? In the following Shiba price prediction for 2025 and 2030, we’ll take a look at the token’s potential as a mid to long term investment and hear what other analysts are predicting for its future.

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Shiba – The Doge Killer?

Shiba Inu came into being following the release of a whitepaper by the pseudonymous Ryoshi, who made no secret of the fact that the new token would be a “Doge killer”. Of course, the Shiba Inu dog is the symbol of Doge so there is little hiding the fact that SHIB was going to be a rival to the original meme-coin.

Whilst Shiba will probably always be compared to Dogecoin, it has actually surpassed its predecessor in many ways. The Shiba web presence itself looks great and features branding that will almost definitely strike a chord with younger crypto enthusiasts. But in addition to this, the developers behind the project have already demonstrated their willingness to innovate.

Being an ERC-20 token built on the Ethereum blockchain, making it a far more versatile token than DOGE and much easier to incorporate into many of the leading DeFi projects.

Whereas Dogecoin is limited to being a simple means of value exchange, Shiba has quickly expanded to offer a great deal more. As such, the project has much more long-term viability and can compete in areas in which Dogecoin simply cannot hope to tread.

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The Evolution of the Shiba Project

SHIB was the first token in what was to become a three-coin ecosystem, as outlined in the project’s white paper. It was intended to emulate Dogecoin in appealing to a particular demographic and establish a strong community around it.

After SHIB, the Shiba project launched LEASH – the Doge Killer token – which was originally a rebase coin, pegged to Doge which was intended to be used to incentivise those providing liquidity on Shiba’s proprietary DEX, ShibaSwap.

ShibaSwap is a quirky, if unremarkable, exchange that allows users to DIG (provide liquidity), BURY (stake), and SWAP tokens to gain WOOF Returns, which are effectively an income reward system. The full workings of the DEX require a little investigation, which is beyond the scope of this article, but it certainly is an interesting project.

More recently, BONE was launched as the Shiba governance token.

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Looking at Shiba’s Recent Price Performance

Shiba Inu is a relatively new token, having been created in August 2020, so it doesn’t have much price history to look back on. One of the things that’s worth noting about the token is that it is intentionally low-priced and available in abundance, to ensure it remains a viable payment method as opposed to simply a long-term investment.

And when we say low, we mean low. The token started life trading as low as $0.00000000939 and hasn’t made it as high as a whole unit of the US currency at any point in its existence. However, when dealing with such small numbers it’s easy to miss just how well SHIB has performed at certain times.

For example, when the token reached a high of $0.0000379 in May 2021, this actually represented an increase of 140,000 times on its price just 8 months earlier. Then 5 months later Shiba Inu reached its all-time high of $0.000088. And it is the increase that matters to investors, after all.

The Importance of Reddit

In early 2021, investors were made aware of just how powerful discussion forums like Reddit can be when it comes to driving up the price of an asset. First, there was the infamous Gamestop saga, which saw a community of investors assemble in the infamous r/wallstreetbets subreddit and kicked off a buying frenzy that made headlines across the world.

When it comes to cryptocurrency, the very same subReddit was the birthplace of a campaign to drive the price of Dogecoin up by some 800% in just 24 hours, ignited by a timely comment from Tesla mogul, Elon Musk.

Given that Shiba is pegging its hopes on building a Doge-esque community, those considering investing in the token might want to keep an eye on Reddit. At the time of writing, the official r/SHIBArmy subReddit has 275k members. There’s also r/Shibainucoin, with 84.6k members and r/shib with 42.8k.

Reddit isn’t just a place to monitor the size of the SHIB community either – it is also a great place to find out about any unofficial cryptocurrency market news as well as information on upcoming developments from Shiba Inu.

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What’s Next: Shiba (SHIB) Price Predictions for 2025

The cryptocurrency industry and investors may still be a little uncertain as to the future of meme coins at this stage, but it certainly appears as though Shiba is taking steps to establish itself as a credible project. So what do analysts make of its chances?

DigitalCoinPrice is expecting steady growth for Shiba prices over the next few years. It is expected to reach a price of $0.000107 by the end of 2022. Growth is then expected to remain steady across 2023 and 2024, before Shiba gets to a high of $0.00018 by the end of 2025.

Elsewhere, TradingBeasts, often more reserved in its forecasts, is predicting that SHIB price will fluctuate between 0.000088 and 0.00013 in the next 3 years.

Finally, WalletInvestor also sees SHIB making some solid gains in the next few years. According to its technical analysis, the Shiba token will hit $0.000098 by the end of 2022. By the end of 2024, SHIB is expected to average around $0.000143 and 0.000166 in 2025.

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How Much Will Shiba (SHIB) Be Worth In Five Years?

Based on Shiba projections from DigitalCoinPrice, the SHIB coin price is expected to cross the $0.0002 mark in 2027.

According to the Shiba price prediction offered by Wallet Investor, Shiba is set to rise to $0.000185 by the end of 2027.

Looking Further Ahead: Shiba (SHIB) Price Predictions for 2030

Despite SHIB having only traded for around a year, there are some long-term price predictions for the coin. Of course, these should be taken with a pinch of salt, given how quickly things change in the cryptocurrency industry, but they are a good indication of how seriously analysts are taking meme coins.

DigitalCoinPrice, for example, expects SHIB to continue its upward trajectory after 2025. According to its forecast, the Shiba coin will reach $0.00027 in 7 years, representing a growth of 380%.

Meanwhile, Coin Price Forecast has put out the most optimistic Shiba price prediction yet. According to the platform, SHIB will continue climbing year on year. For 2030, Shiba could be trading at a potential year-end high of $0.002736 – almost 4,650% higher than today’s price.

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Shiba (SHIB) Price Predictions 2025-2030

The price of Shiba (SHIB), according to Coin Price Forecast, is expected to rise from $0.00124938 at the beginning of 2025 to $0.00273634 at the end of 2030.

Year	Mid-Year	Year-End
2025	$0.00124938	$0.00154090
2026	$0.00140936	$0.00146986
2027	$0.00173234	$0.00211879
2028	$0.00251798	$0.00263243
2029	$0.00288836	$0.00245624
2030	$0.00253612	$0.00273634

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Conclusion: Should You Invest In Shiba (SHIB)?

The reality is whether or not Shiba will be a good investment remains to be seen. As mentioned above, the SHIB token has numerous advantages over Dogecoin, which is something of a one-trick pony and is only really held up by notoriety. But whether its additional features are enough to rival the more ‘serious’ projects is another matter.

Shiba certainly has potential. It has the branding and pop-culture appeal that has worked for other tokens in the past. It also appears that the developers behind the project are committed to expanding into the world of DeFi, which is certainly an interesting concept.

All things considered, Shiba is certainly a worthy addition to any cryptocurrency investment portfolio and presents an alternative to the major tokens such as Bitcoin and Ethereum in that it is effectively competing in a different space.

If you are yet to invest in any crypto payment projects then Shiba is certainly worthy of consideration. Of course, you should research all of your options before committing, but we think that it will continue to be one of the most important projects in the space and the price of SHIB looks set to grow in the coming years.

There’s no getting around it, however, that SHIBA should certainly be considered a riskier addition to your portfolio than, say, Cardano or Binance Coin. Any potential investors should only acquire a SHIB holding as part of a diversified portfolio.

Of course, given SHIB’s ultra-low token price, it’s easier to acquire a reasonable amount of the coin with minimal outlay.

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Where To Invest In Shiba (SHIB)

Shiba has been a popular buy this year so it will come of little surprise that numerous exchanges have started listing the token. However, if you are new to the cryptocurrency market, then it’s important to choose a trusted provider.

We recommend eToro for most investors, as it is an established name in the world of retail trading and features a highly approachable trading platform. There are also numerous articles published on the website that can help investors keep up to date with what’s happening in the world of blockchain.

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FAQs

Is Shiba a good investment for the future?

Shiba is a breed of cryptocurrency known as a meme coin. However, whereas tokens like Dogecoin are often dismissed as little more than a joke, Shiba appears to be expanding into a complete DEX project. Whilst the token is still a high-risk investment, there is every chance it will grow over the coming years.

What are Shiba price predictions like for 2025?

Despite some uncertainty surrounding so-called meme coins, many cryptocurrency analysts believe that SHIB can continue to grow over the next three to four years. As per SHIB price prediction 2025, the Shiba token will be priced at 0.0001 or even higher in 2025.

Does Shiba have a future?

Whilst many people were prepared to dismiss Shiba when it first launched, the project seems to have gathered a following throughout 2021. Now that the ShibSwap is live and BONE and LEASH have been launched, it’s quite possible that Shiba will establish itself as the industry’s first ‘meme-dex’.

Where can I buy Shiba?

If you’re looking to buy Shiba then you are unlikely to find a better exchange than eToro. It has an award-winning trading platform and plenty of information and support to help you get started on your cryptocurrency investment journey.

Is Shiba Inu better than Dogecoin?

There’s no denying that Shiba very much followed in Dogecoin’s footsteps. However, underneath the surface, the two projects are very, very different. Shiba is built on the Ethereum blockchain, for one thing, which gives it a great deal more versatility. It also has its own proprietary DEX, which is simply not feasible on the Dogecoin blockchain.

Can Shiba double my money?

Nothing is guaranteed in the world of cryptocurrency and we all know the old adage that you should never invest what you can’t afford to lose. That being said, SHIB is expected to grow in the coming years and some analysts have predicted that it could have doubled in value by 2025.

What are Shiba price predictions like for 2030?

As per Shiba price prediction 2030, the coin might be able to touch the $0.0027 price mark or even higher.

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Why invest in Shiba? What are Shiba Inc Coin investment pros and challenges? Here is everything you need to know about SHIB investing.

With the bullish pricing action of Dogecoin in 2021, there has been a rising interest in other meme coins such as Shiba Inu. Dubbed the ‘Dogecoin Killer‘ by its creators, Shiba Inu is one of many Doge-themed tokens in the crypto market.

Based on its relationship with Dogecoin and the growing community behind it, Shiba Inu has been able to gain substantial market capitalization.

The creators of Shiba Inu expect the coin to perform better than other similar projects. As such, the protocol continues to work on strategies that can contribute towards the token’s price increase in the future.

Therefore, if you find this project intriguing, this guide will show you how to invest in Shibu Inu in five simple steps. You’ll also learn about the best strategies to make a profit from Shiba Inu and the right broker to use when investing in this popular token.

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How To Invest In Shiba Inu (SHIB) In 5 Easy Steps

When learning how to invest in Shiba Inu, you will need to understand the steps involved in getting started with a broker.

To simplify the process, we have come up with this quickfire walkthrough to teach you how to invest in Shiba Inu as a beginner.

• Step 1: You should start by choosing a reliable exchange to buy Shiba Inu.
• Step 2: Sign up on the exchange’s website and open your investment account.
• Step 3: Look through the list of assets supported and choose Shiba Inu from the options.
• Step 4: Place a Shiba Inu order by simply inputting the amount you want to invest in the SHIB coin.
• Step 5: Confirm your order to complete your Shiba Inu investment.

Once you’re done with these five simple steps, you’d have successfully invested in Shiba Inu. Additionally, you’ll need to understand how to keep your tokens secure so they don’t get compromised. But this will be discussed later in this How to Invest in Shiba Inu Guide.

With that said, let’s proceed with helping you grasp the fundamentals of how to invest in Shiba Inu to make a profit.

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How Does Investing In Shiba Inu (SHIB) Process Work?

When you’re investing in Shiba Inu, your aim is to buy the token at a low market price and sell the coin after the value increases. This is how to make a profit on your Shiba Inu investment. But the market won’t always move in your favor, meaning when it doesn’t, you’ll have to bear the loss.

This makes it important to understand the factors that could affect Shiba Inu’s price movement. The market value of Shiba Inu is subject to numerous factors such as the technology behind the asset, cryptocurrency regulations, the number of those who’ve adopted the token, competition, and more.

Consequently, the token’s demand and supply will continue to fluctuate as investors buy more Shiba Inu coins or similarly – sell off their digital assets.

For instance, when investors are of the opinion that the coin will soon drop in market price, they’ll be looking to sell off their tokens, which will invariably affect the asset’s value. Therefore, when making Shiba Inu speculations, you should always do thorough research to ensure you make informed decisions.

Here is an example of a Shiba Inu investment set in real market conditions:

• On 23 April 2021, Shiba Inu’s price was $0.0000012.
• You did your market research and concluded that the token’s value will soon increase.
• Consequently, you decided to invest $200 in Shiba Inu.
• By 06 September 2021, Shiba Inu’s price had risen to $0.0000074.
• Here, you have an increase of over 510%.
• To secure your profit on this Shiba Inu investment, you decide to cash out. This will leave you with a return of $1,020 on your $200 investment.

The example above represents an investment held for just over four months and you were able to make a considerable profit.

Now, imagine you had given into short-term price fluctuations and sold your tokens along the line. In that case, you would likely have incurred a loss – especially if you disposed of the asset when the price was lower than your entry point.

This is why you should never invest in a token blindly. When you’re contemplating investing in Shiba Inu, research the coin to determine if it’s fit for your portfolio. This can be done by evaluating the token’s trajectory and historical data.

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Why Invest In Shiba Inu (SHIB)?

When contemplating how to invest in Shiba Inu, some of the factors to consider include your investment goals, financial standing, and risk appetite. But more importantly, you should have a tangible reason for investing in Shiba Inu.

In this regard, thorough market research is necessary to gain insight into the future projections of the coin. To guide you through this phase, we have considered some important factors that will help your research.

Shiba Inu Has Projects That Could Impact The Token’s Value

When you’re investing in Shiba Inu, your goal is to make a profit. A common factor many people consider when investing in a token is whether the protocol has projects that could add to the coin’s long-term value.

This is where Shiba Inu distinguishes itself among other meme coins. The team behind the token has announced the project’s decentralized exchange (DEX) called ShibaSwap.

If the DEX meets its expectations, it could draw more attention to Shiba Inu, improving the token’s value over time. Although launching a DEX is not novel in the cryptocurrency space, it’s an avenue to improve Shiba Inu’s credibility, making investors see it as more than just a meme token.

Therefore, if you believe Shiba Inu is currently undervalued and might witness a price increase soon, you might want to invest in the token so that you can make a profit when the market eventually reacts to this.

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Shiba Inu Allows You to Earn Passively

With ShibaSwap, investors can make passive returns by providing liquidity to the DEX. This is made possible through a feature called ‘Dig.’ Therefore, when you provide liquidity to the DEX, you get BONES in return.

• Furthermore, there are numerous liquidity pools available for you to stake your token on the DEX.
• When you stake any of SHIB, LEASH, and BONE in these pools, you stand to gain impressive returns, although 66% of it will remain locked for six months to prevent users from selling off a large portion of their assets.
• Therefore, since ShibaSwap brings about new ways to utilize the token, this could cause a positive market movement.

Additionally, although Dogecoin still has a larger market capitalization, Shiba Inu is gradually establishing dominance by extending its functionality.

For instance, while Dogecoin is not compatible with smart contracts, this is not the case with Shiba Inu. This is because the latter leverages smart contracts on the Ethereum network, which adds to the coin’s appeal in the market.

Shiba Inu Has Technical and Corporate Backup

The anonymous founder of Shiba Inu launched the token on the Ethereum blockchain. This brought the token within the category of growing ERC-20 tokens, adding another layer of credibility to the coin.

More importantly, ever since its launch, the team behind the token has worked on different projects such as the aforementioned DEX. The team continues to expand the token’s use cases so that it can be viewed in the market as more than just a meme coin.

• Additionally, Shiba Inu also enjoys impressive corporate support.
• Many big names in the cryptocurrency market have lent their support to the token, increasing its popularity far more than was expected.
• Before being listed by notable exchanges such as eToro, Binance, and Coinbase, the most significant publicity Shiba Inu got was from Vitalik Buterin’s donation of 20% of his holdings to charity.

Consequently, technical and corporate support of this nature impacts the market value and appeal of the token. This might be a meaningful factor to consider when you want to invest in Shiba Inu.

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How To Invest In Shiba Inu (SHIB) – Various Options Available

When learning how to invest in Shiba Inu, you need to understand that you can buy the token through different platforms. But all these platforms essentially fall under two categories: brokers or exchanges.

You have to exercise some care when deciding on which option to use, as your choice will impact your investment experience.

Therefore, when you want to decide on whether to choose a broker or exchange, you’ll need to consider certain factors. These include regulation, cost-effectiveness, user interface, and more.

Before delving into the best place to invest in Shiba Inu crypto, let’s discuss both Shiba Inu brokers and exchanges in detail.

Shiba Inu Exchanges

Cryptocurrency exchanges are platforms to buy, sell, and trade digital assets such as Shiba Inu. To invest in Shiba Inu on these platforms, you’ll likely have to swap another asset for the token.

However, a primary problem with several exchanges is that while they may offer attractive features, many of these platforms are not user-friendly. This makes it challenging for a beginner to invest in Shiba Inu.

Furthermore, when using these exchanges to invest in Shiba Inu, you’ll have to buy the asset from another trader. Above all, most of these exchanges are not regulated, meaning they can’t offer you peace of mind on your funds.

Therefore, since these exchanges are not authorized by leading financial bodies, if any compromise should happen with the platform you choose, your funds are at risk.

As such, while experienced investors might find a way to maximize these exchanges, the same cannot be said for beginners.

Shiba Inu Brokers

Unlike cryptocurrency exchanges, the key benefit of using regulated brokers is the security they provide. When you invest in Shiba Inu using a broker like eToro, you gain access to a simple user interface that makes the process seamless for you, especially as a beginner.

• Furthermore, the broker is regulated by leading bodies including the FCA and SEC.
• These bodies regularly audit the broker to ensure the platform is acting within its established scope of operations.
• Moreover, regulated brokers are expected to operate with a fair system and complete transparency, meaning there are no hidden fees when you invest in Shiba Inu.

On brokers such as eToro, you can also invest in Shiba Inu by buying the token directly with fiat money through US dollars, euros, and more. In addition to the multiple payment methods supported, you can also invest in Shiba Inu 100% commission-free.

More precisely, if you’re looking to invest in Shiba Inu through a regulated broker, here are some of the advantages you get:

• You’re in the regulator’s safety net when you invest in Shiba Inu using a broker.
• The broker is audited regularly to ensure its operations are fair and transparent.
• Regulated brokers like eToro are cost-effective and will allow you to invest in Shiba Inu without paying commissions.
• When you invest in Shiba Inu using eToro, you can store your tokens in the in-built wallet on the platform.

From the above, it’s clear that regulated brokers offer you more advantages than cryptocurrency exchanges. An important advantage is that you get security on your funds.

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How To Choose A Platform To Invest In Shiba Inu (SHIB)

So far in our discourse on how to invest in Shiba Inu, you must now understand the importance of regulated brokers. Your next task is knowing which broker to choose. However, there are several brokers in the market, making it challenging to select the right one.

Therefore, here, we analyze the key factors to look out for when choosing a broker to invest in Shiba Inu.

Regulatory Compliance

As earlier stated in our How to Invest in Shiba Inu Guide, a regulated broker offers you numerous advantages. The most important perk is the protection you get on your Shiba Inu investments.

Regulators will provide each broker with certain guidelines they are expected to follow. This is how financial bodies ensure that the interests of investors are not compromised, and their money is kept safe.

Some of the significant things to note about regulated Shiba Inu brokers include:

• Segregated Accounts: When you choose a regulated broker, your money is stored in an account that’s separate from where the platform stores its funds. This means that you always have access to your funds whenever you intend to process a withdrawal.
• KYC Process: A regulated broker like eToro will mandate you to verify your identity before you use the platform to invest in Shiba Inu. That way, anonymous trades cannot be carried out, reducing the chances of nefarious activities taking place on the platform.

From the above, you can understand why the regulation and reputation of a broker matters when deciding on the platform to invest in Shiba Inu.

Fee Policy

When researching how to invest in Shiba Inu on a broker, it’s essential to consider the fee structure of the platform you’re choosing. Brokers charge different fees for various transactions performed on their platforms.

The reason for evaluating the fee structure is to ensure you choose a broker that allows you to invest in Shiba Inu in a cost-effective manner.

Here are some of the fees a broker might charge.

• Account Creation: For most brokers, you’ll likely be able to open an investment account for free. However, you should still check to be sure.
• Deposits and withdrawals: After opening your account, you have to add funds to it before you can invest in Shiba Inu. Some brokers might charge you a fee for making a deposit and processing withdrawals. In most cases, the fee will be calculated based on the transaction amount and payment method.
• Commission: Your broker essentially opens your Shiba Inu trade on your behalf. For doing this, most brokers will require you to pay a commission both when investing in Shiba Inu and when you intend to cash out. However, with a broker like eToro, you don’t pay a dime in commission for investing in Shiba Inu.
• Token Transfer: Sometimes, you might have to move your coins from an external wallet after completing the investment with a broker. In such cases, you may have to pay a fee. But you can avoid fees like this when you use eToro for investing in Shiba Inu, as the platform offers you an in-built wallet to store your tokens.

To further help you understand, let’s contextualize all we’ve discussed.

• Let’s assume you decide to invest in Shiba Inu, so you make a deposit of $1,000 into your account.
• Your broker charges 5% on debit card transactions, so the deposit you just made cost you $50.
• For buying the token, your broker charges a 2.5% commission, so you pay $25 to purchase Shiba Inu.
• When your investment reaches $5,000, you decide to cash out. In that case, you have to pay the 2.5% commission again, which amounts to $125.

The total fee you’ve paid on this investment is $200. The above example helps you to understand our earlier discussion on the different fees you might have to pay when investing in Shiba Inu.

However, not all brokers will charge you these fees. When you use a broker like eToro, you incur no fee for adding funds to your account in US dollars. Additionally, all your Shiba Inu trades can be executed without paying commissions.

Essentially, when it comes to investing in Shiba Inu, eToro allows you to save significant money.

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User Friendliness

A simple user interface makes it convenient to invest in Shiba Inu, especially if you’re a beginner. You don’t want a broker where you find it challenging to navigate the platform or where mistakes can be easily made.

Imagine a broker that doesn’t offer you prompts to move across different steps. This will only make your investment experience frustrating.

Minimum Shiba Inu Investment and Payment Methods

You should also consider whether your broker has a minimum investment policy. For a broker with such a policy, you cannot invest in Shiba Inu below the set minimum amount.

While some brokers set the minimum requirement at a high level, others make it low. For instance, eToro allows you to start investing in Shiba Inu for as little as $25.

After that, you should also check the supported payment methods on the broker you’ve chosen. You should select a broker that allows you to invest in Shiba Inu through debit/credit cards, as these are the fastest options to add funds to your account.

Also, consider whether the broker supports e-wallets and even wire transfers. But if you intend to invest in Shiba Inu without delay, wire transfers are not your best option.

Storing Your Shiba Inu Tokens

Don’t choose a broker until you decide on where you’ll store your Shiba Inu tokens. This is because the safety of your tokens is as important as choosing the right broker.

A common option is to buy your tokens on a broker and transfer them to an external wallet for storage. However, this means you’d be moving your tokens outside the broker, a process that might compromise the coins.

Therefore, a broker like eToro that offers you an in-built wallet is a better option. That way, you can use one platform to invest in Shiba Inu, store your tokens, and sell them when the time is right.

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How To Invest In Shiba Inu (SHIB) Today – Step-by-Step Walkthrough

In this How to Invest in Shiba Inu Guide, you have learned how to choose the right broker. The next thing is to understand the process of setting up your investment. This can be done in under 5 minutes once you know what to do.

Therefore, we provide you with a breakdown of how to complete your Shiba Inu investment

Step 1: Create an Account

You can do this by simply visiting the website of the broker you’ve chosen. On eToro, you can set up your account by providing basic details such as your full name, home address, and date of birth.

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Step 2: Validate Your Identity

After entering your basic details, you need to validate your identity by uploading a government-issued ID. This can be a passport or driver’s license. This step is referred to as the KYC process – which you must complete when you use a regulated broker like eToro.

You’ll also need to upload a document such as your bank statement or a utility bill to validate your address. Once you complete this process, your account will be verified, and then you can proceed to add funds to it.

Step 3: Add Funds to Your Account

Now that you have an account with a broker of your choice, you should deposit some funds into it. You can do this by using any of the options we mentioned earlier. These options include credit or debit cards, wire transfers, and e-wallets.

Step 4: Search for Shiba Inu

Next is to search for the token. You can do this by inputting ‘SHIB’ into the search box to find the coin. If you are using eToro, you can also go to ‘Trade Markets’ and select ‘Cryptocurrencies.’ From there, pick Shiba Inu from the tokens listed and move on to the next step.

Step 5: Complete Shiba Inu Investment

To complete your Shiba Inu investment, you need to decide on your stake and confirm the order. If you’re using eToro, you’ll have to invest at least $25 in Shiba Inu, as that’s the broker’s minimum requirement.

Once you complete the investment, the Shiba Inu tokens can be found in your eToro portfolio.

Step 6: Cash Out Your Shiba Inu Investment

Once you’re ready to cash out your investment, you can sell the tokens directly on the eToro platform. However, if you choose a broker that doesn’t have an in-built wallet, then you’d have to transfer your tokens over from an external storage option.

Once you sell your tokens, you’ll be able to withdraw your funds using the same payment method by which you bought Shiba Inu.

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How To Invest In Shiba Inu (SHIB) – The Bottom Line

Knowing how to invest in Shiba Inu requires you to understand the best broker for the purpose and relevant considerations to determine if the token is worth purchasing. Importantly, you should know that investing in Shiba Inu comes with its risk.

Therefore, you might want to invest small amounts at regular intervals to hedge against falling prices.

To that end, a regulated broker like eToro offers you numerous advantages when investing in Shiba Inu. With this broker, you can invest in a cost-effective manner and keep the tokens on the platform until you’re willing to sell them. Plus, the minimum SHIB investment is just $25.

 

FAQs

Is Shiba Inu a good investment in 2022?

Shiba Inu seeks to be a valuable token that stands out among other meme coins. As such, the team continues to develop projects that could impact the token’s value and expand its use cases. However, whether this coin is a good investment will depend on your long-term goal for buying the token. Therefore, it’s important to always research adequately before going ahead with your Shiba Inu investment.

What is the highest price of Shiba Inu?

Shiba Inu achieved an all-time high on 28 October 2021, when the coin reached $0.000088.

How much can I invest in Shiba Inu?

Ultimately, you can invest as much as you desire into Shiba Inu. Once the amount is in line with your investment goals and financial standing, you’re good to go. Notably, however, some brokers have minimum investment policies. For instance, if you’re using eToro, your Shiba Inu investment cannot go below $25.

How can I store Shiba Inu?

You must prioritize the safety of your tokens when investing in Shiba Inu. In that case, you’d need a secure Shiba Inu wallet. However, you can always use a broker like eToro that offers you an in-built wallet to store your tokens. That saves you the trouble of searching for a private wallet.

How to invest in Shiba Inu?

There are different ways to invest in Shiba Inu, but it’s safer and more cost-effective to use a regulated platform such as eToro. There, you’ll get all the features you need to invest in Shiba Inu seamlessly. Some of those features include a simple user interface and a low-fee structure.

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If you invest $10 in Shiba Inu today, you will essentially be diversifying a portfolio by branching into cryptocurrency and creating an extra income stream. The highly versatile nature of crypto exchanges and brokerages makes it possible for you to buy Shiba Inu tokens worth less than $10.

Additionally, if you buy Shiba Inu tokens with $10 today and their value increases by 1,166.73% in the next five years as predicted by the Wallet Investor, you will likely grow this investment to $130 by this time in 2027.

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What Is The Right Amount To Invest In Shiba Inu (SHIB)?

There is never a ‘right amount’ or a standard minimum investment when it comes to cryptocurrencies like Shiba Inu. You can buy Shiba Inu altcoin with as little as allowed by your preferred crypto exchange or brokerage and as much as your trading experience, disposable income, risk tolerance, and investment strategy allow.

Most crypto experts nevertheless advise that you divest a minimum of 5% and a maximum of 40% to cryptocurrencies. How low or high up you go with this recommendation should be largely influenced by your risk tolerance.

Some cryptic analysts have even argued that everyone, regardless of their feelings towards the crypto industry, should allocate at least 1% of the investment portfolio towards these fast-growing digital assets.

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How Much Could You Be Worth If You Invested In Shiba Inu (SHIB) In 2020?

If you had invested in Shiba Inu (SHIB) in August 2020, you would have nearly made over 4,293,000% return on your capital. A $1,000 investment in 2020 would be worth around $24,250,000 today.

Can I Buy Shiba Inu (SHIB) With $1?

Yes, you can buy Shiba Inu tokens worth $1 today. Some of the crypto exchanges like Binance maintain a relatively low trading limit and will, therefore, let you buy SHIB tokens worth as little as $1.

However, note that most of these exchanges do not maintain an equally low minimum deposit. In the case of Binance, for instance, you will be required to deposit a minimum of $15 before you can buy Shiba Inu tokens worth $1.

Can I Buy Shiba Inu (SHIB) Worth $100?

Yes, you can buy Shiba Inu tokens for $100. And the purchase process is relatively easy and straightforward regardless of whether you were buying from an exchange or brokerage.

It starts with identifying the best crypto exchange or broker and registering a crypto trading account with them. You then need to deposit enough funds to cover the $100 purchase and the trading fees charged by the platform. Proceed to buy Shiba Inu tokens and move them to your crypto wallet.

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Can You Lose Money On Shiba Inu (SHIB)?

Yes, there are different ways in which superhero investors have lost the investment capital trading profit or both. Some of the most common ways through which crypto investors have lost money with Shiba Inu in the past include the hacking of their exchange accounts or wallets, crypto scams, especially Ponzi and pyramid schemes, and reckless trading. You can also lose money on Shiba Inu if you forget the password and recovery seed for the wallet that stores your coins.

Will Shiba Inu (SHIB) Make Me Rich?

There is an overwhelming conviction within the cryptocurrency community that the Shiba Inu token price will continue rising in the foreseeable future. Therefore, it is highly likely that the meme currency will continue making its investors rich and helping them climb the social ladder.

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How Much Would I Have If I Invested $1000 In Shiba Inu (SHIB)?

How much you would be worth today if you invested in Shiba Inu is largely dependent on the price at which you invested in the meme currency. If you, for instance, purchased SHIB tokens worth $1,000 on the day it launched, that investment would have grown to reach $24 million today.

However, if you invested $1,000 in Shiba Inu at its peak price on 10th May 2021, the value of that investment would have dropped by 26% to reach $740 today.

What Will Shiba Inu (SHIB) Be Worth In 2025?

Given the volatile nature of Shiba Inu prices and the unpredictability of the crypto market, it is not possible to predict with utmost accuracy what ship tokens will be worth in the next four years. The general feeling within the crypto market, however, is that SHIB token prices will continue rising in the foreseeable future.

Technical analysis of the future of the altcoin by the CoinPriceForecast website, for instance, indicates that a Shiba Inu will likely grow by 3,681%+ to reach $0.00078270 by December 2025.

What Was The Highest Value For 1 Shiba Inu (SHIB)?

According to CoinMarketCap, the Shiba Inu cryptocurrency hit its peak price on 28th October 2021 when one token sold for $0.000088.

Is It Smart To Invest In Shiba Inu (SHIB)?

A majority of crypto experts do not believe Shiba Inu is a smart investment because they feel that without intrinsic value, a clear roadmap, or the ability to solve a real-world problem, the meme currency future is rather meek.

Some analysts have also taken issue with the fact the coin only draws its value from social media buzz and celebrity endorsements which are bound to fade when a new and more interesting coin comes along.

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Can I Buy $500 Worth Of Shiba Inu (SHIB)?

Yes, you can buy Shiba Inu for $500. If you are looking to buy the tokens and own their private keys, especially if you are a long-term investor, you will need to buy them from an exchange or a peer-to-peer trading platform. If you want to trade Shiba Inu derivatives like SHIB CFDs, you will need to create an account with such crypto brokerages as eToro.

How Many Dollars Is 200 Shiba Inu (SHIB)?

At the time of writing, one SHIB token is selling for $0.00002, which gives 200 Shiba Inu’s a $0.004 valuation.

Is One Shiba Inu (SHIB) Enough To Own?

No, primarily because of its relatively low price and its limited future growth. By 2030, for instance, CryptocurrencyPricePrediction, which has one of the most optimistic forecasts for the meme currency, estimates that one SHIB token would be selling for $0.0032843, which makes it a poor investment.

How Do I Convert Shiba Inu (SHIB) To Dollars?

You will need to start by creating an account with a crypto exchange or peer-to-peer trading platform. Deposit the Shiba Inu tokens you wish to sell here and open a sell order. The platform will link you with a buyer and let you transfer the cash to your bank account or your preferred payment wallet once the tokens are sold.

Who Owns Most Shiba Inu (SHIB)?

When Shiba Inu first launched, 50% of the coin supply amounting to 500 Trillion SHIB tokens were donated to Ethereum founder Vitalik Buterin. He has since made public his intention to donate 10% of this supply to charity and of burning the remaining tokens into a dead wallet.

Once burned, it will mean that a mysterious entity that holds close to 7% of Shiba Inu’s total token supply of 70 Trillion currently worth $4.9 billion will own most altcoins.

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Shiba Inu gained popularity in early 2021 after growing its price by more than 5 million percent. In the course of that year, Shiba Inu also made it to the list of top 10 most valuable cryptocurrencies, flipped Dogecoin (albeit momentarily), welcomed an unprecedented community of supporters, and expanded its ecosystem.

While this accumulation momentum may have died down in early 2022, Shiba Inu still is one of the most popular and one of the most sought-after meme coins.

But how can you buy Shiba Inu today? Importantly, is it worth buying Shiba Inu today?

We will be answering both these questions in this Shiba Inu investing guide. We will also tell you the 3 best places to buy Shiba Inu and everything else you need to know before buying Shiba Inu.

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Read on.

How To Buy Shiba Inu (SHIB) – Quick Guide

Want to jump straight to buying the second most valuable meme coin? Follow this three-step guide that teaches you how to buy Shiba Inu via eToro with as little as $10.

• Step 1: Open an eToro Account – Open the official eToro website and create a crypto trader account here. The account creation process is smooth and its approval relatively fast.
• Step 2: Deposit Funds – Deposit cash into the eToro trading account. You need a minimum of $10 to start buying Shiba Inu via eToro. The supported payment methods include PayPal, credit cards, debit cards, bank wire transfers, and eWallets (Skrill, Neteller).
• Step 3: Search for Shiba Inu – go to the search bar on the eToro dashboard and type in SHIB or Shiba Inu from the dropdown menu.
• Step 4: Buy Shiba Inu (SHIB) – Finally, indicate the number of SHIB tokens you wish to purchase and hit the “Open Trade” button.

That’s it! By following these easy steps, you can invest in Shiba Inu in less than 5 minutes.

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Where To Buy Shiba Inu (SHIB)

Shiba Inu is one of the most popular meme coins. Throughout 2021 and for the better part of 2022 it has continued attracting massive investor interest and growing its community of followers. All these have helped draw recognition to the coin and ensured that it is listed with all the most popular exchanges.

To help you get started with buying Shiba Inu, we will be introducing you to the three best places to buy Shiba Inu today:

1. eToro  – Overall Best Place to buy Shiba Inu (SHIB)

eToro ranks highly on our list of top exchanges to buy Shiba Inu because of its innovative and resource-rich trading platform. It also makes it here because of its affordable deposit and trading minimums as well as low and transparent trading fees. We also feature it among the best crypto trading platforms because of its appeal to both beginner and expert investors.

It all starts with a straightforward client onboarding process and a relatively fast account approval process. It then extends to affordable deposit and trade minimums of $10, which can be deposited via such popular payment methods as PayPal, credit cards, debit cards, bank wire transfers, and eWallets.

eToro’s trading platform is also highly intuitive and beginner-friendly. But it also integrates a host of trading, research, and risk management tools that appeal to expert investors. Further, eToro is a relatively liquid exchange and maintains some of the fastest order execution speeds.

You even have the option of trading Shiba Inu CFDs or buying actual Shiba Inu tokens (depending on your country of residence) and all these make eToro appealing to Shiba Inu day traders.

Deposits into eToro are free. Plus, when buying Shiba Inu on the platform, you will only have to part with the fixed 1% transaction fee.

Other factors that convince us why eToro is one of the top exchanges to buy Shiba Inu are its added perks. The crypto exchange, for instance, lets you interact with its social and copy trading platforms that let both expert and novice Shiba Inu investors earn passively. Further, eToro provides crypto investors with a free custodial vault that stores 90% of its holdings offline as well as a non-custodial mobile wallet app.

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2. Crypto.com – Best Place to buy Shiba Inu (SHIB) For High Instant Deposit Limits

Crypto.com is a relatively new but massively popular crypto exchange. It is also deeply liquid as it often processes crypto trades worth more than $2 Billion daily. But this isn’t the primary reason why we featured it on our list of top exchanges to buy Shiba Inu.

We include it here because of its support for instantaneous and relatively higher deposit minimums. For instance, while you can deposit a maximum of $40,000 daily on eToro via cards, Carypto.com lets you deposit up to $50,000 daily, instantly.

Crypto.com also makes it to our list of best exchanges to buy Shiba Inu because of its beginner friendliness. This is evidenced by its easily navigable user interface, a straightforward client onboarding process, and the fact that the exchange maintains affordable deposit and trade minimums – of $20.

The supported payment methods on the fast-growing crypto exchange are credit card, debit card, bank transfer, SEPA, Transfer Wise, and even PayPal. Most of these deposit methods are instantaneous and crypto.com doesn’t charge deposit processing fees. You only have to pay the transaction fee charged by your payment service provider.

The only other fees you get to interact with when buying Shiba Inu on Crypto.com are the competitive and heavily discounted trading fees. Here, you pay a fixed maker/taker fee of between 0.4% and 0.10%. And if you stake 5000 CRO (Cronos) tokens on the platform, you get to enjoy a 10% discount on the transaction fees, bringing this cost of trading down to between 0.36% and 0.09%.

In addition to being beginner-friendly, the Crypto.com trading platform also appeals to expert crypto investors. It achieves this by maintaining some of the fastest order execution speeds. It also integrates a diverse range of premium trading, analysis, and risk management tools. And they all, plus its deep liquidity, make Crypto.com one of the best trading platforms for active traders.

Other reasons why we feature Crypto.com among the top exchanges to buy Shiba Inu include its innovativeness. It, for instance, recently launched the crypto staking and lending programs that let Shiba Inu investors earn passive incomes on staked SHIB tokens. They also get to borrow funds against up to 50% of their staked/saved tokens at highly competitive interest rates and flexible repayment periods – up to 12 months.

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3. Binance – Best Place to Invest Shiba Inu (SHIB) For Low Trading Fees

Binance is one of the most liquid crypto exchanges in the world – processing crypto trades worth more than $40 Billion daily. It also maintains some of the lowest crypto trading fees. For instance, when buying Shiba Inu on the Binance exchange, you will only pay a maker/taker fee of between 0.1% and 0.04% – based on your 30-day trading volume.

Moreover, if you pay the transaction fee with BNB coins, you get to enjoy a 25% discount on the fees, bringing them further down to between 0.075% and 0.03%.

These explain why Binance features prominently on our list of the best places to buy Shiba Inu in 2022.

But low fees and deep liquidity aren’t the only reason why Binance ranks this high on the list of top exchanges to buy Shiba Inu. Others include the fact that it supports a wide range of crypto assets, which increases the number of Shiba Inu crypto pairs available for trading on the platform.

Additionally, Binance maintains an easily navigable user interface. This platform then integrates the widest range of premium trading, analysis, and risk management tools. It also maintains some of the fastest crypto order execution speeds. Not forgetting that you can start trading Shiba Inu with as little as $1 on Binance.

The low trading minimums, intuitive interface, and low trading fees make it one of the most beginner-friendly crypto exchanges. The fast order execution speeds, a wide range of Shiba Inu trading pairs, low fees, and advanced trading tools make it appealing to active traders, especially scalpers.

Like all other best places to buy Shiba Inu, Binance maintains a smooth and straightforward client onboarding process. It also provides its platform users with free crypto custody services by promising to hold their Shiba Inu tokens in offline vaults on their behalf. And if you are looking for non-custodial crypto wallet services, Binance provides you with a free mobile wallet app – the Trust Wallet.

Binance also stands out with its outsized crypto-insurance scheme. It has established a $1 Billion private insurance fund, referred to as SAFU (Secure Asset Fund for Users), to compensate crypto investors on its platform in case of breaches that lead to loss of investment.

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What Is Shiba Inu (SHIB)?

Shiba Inu is a meme coin that launched in August 2020, named after the all-popular internet meme of a Shiba Inu dog. It even features the head of the dog breed as its symbol.

The dog-themed joke currency was created by an anonymous entity referred to pseudonymously as “Ryoshi.” It was inspired by the success of the dog-themed meme coin – Dogecoin.

Shiba Inu is even referred to as the “Dogecoin killer” because when it started, its website indicated that the meme coin’s primary goal was dethroning DOGE as the lead meme coin. It achieved this – momentarily – at the height of the early 2021 crypto market rally.

After the mid-2021 crypto market crash, its goals changed. It shifted its focus from dethroning Dogecoin to enriching the Shiba Inu ecosystem. To this end, its development team launched a clear roadmap that indicates the different fundamental adjustments they intend to add to the Shiba network.

Key among them is the launch of the ShibaSwap decentralized exchange. They also intend to launch a launchpad for tokens, which will accelerate the burn rate for Shiba Inu tokens. They have also hinted at creating Shibarium – a layer-2 scaling solution for Ethereum that Ryoshi argues will be more decentralized than Polygon or Binance Smart Chain.

All these factors have helped convince most crypto investors of Shiba Inu’s sustainability. They have also played a crucial role in fueling investor interest in the joke currency.

Is Shiba Inu (SHIB) A Good Investment?

Shiba Inu is a massively popular cryptocurrency that has posted incredible value gain in the past, enough to convince any crypto trader of its viability as an investment. But the fact that it is a meme coin casts a wide shadow of doubt over its sustainability.

To better understand whether it is worth buying Shiba Inu today, we need to look at both the reasons for buying the joke coin today and the risks associated with SHIB investing at the moment.

Reasons To Buying Shiba Inu (SHIB) Today

• Potential for massive value gain: Increased burn rate for Shiba Inu tokens as well as an expanded ecosystem that increases the token’s use cases are expected to fuel value gain for the meme coin. These plus a recovering crypto market will undoubtedly catapult a SHIB investor’s portfolio to new heights.
• The hype around the coin is growing: The hype around Shiba Inu has been on the rise, fueled by endorsements from celebrities, association with the likes of Vitalik Buterin, and a massively vibrant online community of followers.
• Accessible and highly liquid: Shiba Inu is listed with virtually all the most popular exchanges and its daily trade volumes have been on a perpetual rise. This makes the liquidation of even the largest SHIB portfolio relatively easy and fast.
• Incredible past price action: You may also consider buying Shiba Inu today because it posted massive value gain in the past. Experts do not expect this wave of unprecedented value gains to die any time soon because all the factors that helped catapult SHIB to an all-time high in 2021 are still actively fueling its current recovery.
• It is resilient: You may also want to buy SHIB tokens because they have proven their resilience. Despite the backlash meme coins have been subjected to by the mainstream media and the volatile market crashes in mid-2021, SHIB has sustained its uptrend and its position among the 20 most valuable crypto projects.

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Risks Of Buying Shiba Inu (SHIB)

• It is massively volatile: Shiba Inu is a massively volatile crypto asset and its price crashes often. The dog-themed coin is, for instance, currently selling close to 90% below its all-time high, and there is no telling if it will ever recover.
• High risk of collapse: Meme coins have the highest risk of collapse. They form the greatest pile in the pit of dead coins and Shiba Inu is not immune to the factors that caused the stall and eventual death of its peers.
• Large circulating supply: Shiba Inu’s expansive supply of 500+ trillion tokens places a subtle limit on how high the token prices and the ecosystem’s market cap can reach in the foreseeable future. This then places a cap on just how high your crypto portfolio grows.

Shiba Inu (SHIB) Price Prediction

Despite the value loss, the majority of analysts are confident that Siba Inu will recover and reach new heights over the next few years. Some of the factors that they believe will help revive Shiba Inu include a recovering crypto market and support from SHIB’s growing community.

They also expect growing investor interest in the meme coin and a revived meme coin craze to play a crucial role in getting Shiba Inu back to its all-time high prices.

Overall, the majority of crypto analysts and investors are convinced that Shiba Inu has everything it needs to force a rebound and a price run towards, and possibly above, the current all-time high.

The most optimistic, like technical analysts at Gov Capital, are convinced that Shiba Inu can recover and grow its worth by more than 31000% to reach $0.00093 by the end of 2022.

The crypto industry players are also massively bullish about Shiba Inu’s medium-to-long-term price direction. They are confident that an expanding ecosystem, the increased burn rate for Shin Tokens, and sustained investor confidence in the meme coin will help sustain its uptrend.

Over the next 5 years, for instance, technical analysts at the reputed Wallet Investor expect Shiba Inu to have reached $0.00013. By the turn of the decade, analysts at Telegoan expect Shiba Inu token prices to rise by close to 9000% and reach $0.00112.

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Ways To Buy Shiba Inu (SHIB)

While discussing the top exchanges to buy Shiba Inu, we pointed out the diverse payment methods.

In this section, we will be expounding on the three most popular ways of buying Shiba Inu today.

How to Buy Shiba Inu With Credit Card and Debit Card

Credit cards and debit cards are arguably one of the most accessible payment methods. A large number of crypto exchanges, including the three we have discussed hereinabove all let you buy Shiba Inu with credit and debit cards.

The upside to buying Shiba Inu with credit cards can be attributed to the fact that card payment processing is almost instantaneous. Additionally, most of the exchanges that we have listed above do not maintain deposit processing fees for card payments.

How to Buy Shiba Inu With PayPal

A growing number of crypto traders prefer buying Shiba Inu with PayPal because of its efficiency. The payment method is easy to use and transaction processing instantaneous. Additionally, most crypto exchanges that support PayPal do not maintain a deposit-processing fee.

The only downside to buying Shiba Inu with PayPal is that only a handful of crypto exchanges – like eToro – support PayPal deposits.

How to Buy Shiba Inu Bank Account

Banks are the most accessible payment methods. This explains the reason virtually all the crypto exchanges, including the top trading platforms we have featured in this Shiba Inu investing guide, welcome bank deposits.

The upside to buying Shiba Inu with bank deposits is that most exchanges do not have a maximum deposit limit for bank transfers. The downside, on the other hand, is that bank transfers take relatively long before they can be processed. At eToro, for instance, it takes between 3 and 8 days for a bank deposit to reflect in your trader account.

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Best Shiba Inu (SHIB) Wallet

There are two primary types of wallets that you can use to hold your Shiba Inu investment. The first and most accessible option is the free online wallets provided by crypto exchanges or such third-party crypto custody service providers as MetaMask and Exodus.

The only downside to holding your SHIB tokens in an online wallet is that it exposes you to hacking threats.

For this reason, we advise our readers to get their private keys off exchanges and online wallets and move them to reliable hardware wallets. These store your keys offline – away from the many threats facing hot wallets.

How To Buy Shiba Inu (SHIB) – Tutorial

Throughout this post, we have told you everything you need to know about buying Shiba Inu. From what it is to its past price action, the top exchanges to buy Shiba Inu, and even the different ways to buy the meme coin.

Next, we provide you with a step-by-step guide on how to buy Shiba Inu on the all-popular eToro trading platform.

Step 1: Create a trader account

Open the official eToro website and hit the “Join Now” icon to begin the account creation process. Complete the registration form that pops up. It asks for such personal information as your name, address, and phone number. It will also ask about your trading history and source of income.

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Step 2: Verify your identity

To complete the registration process, the multi-regulated crypto exchange will require you to verify your identity. You achieve this by emailing a copy of a government-issued document to the eToro support team.

Step 3: Deposit funds into the account

Log in to your approved crypto trader account and on the user dashboard, tap on the “Deposit” icon. A funding window will pop with a list of the payment options available to you based on your country of residence. Choose one and follow the prompts to complete the deposit. Note that the minimum you can deposit into eToro is $10.

Step 4: Search for Shiba Inu

On the user dashboard, click on the “Discover” tab, and from the list of available asset classes, choose “Crypto.” Use the search option to find Shiba Inu or simply locate it from the list of crypto assets supported on the platform.

Step 5: Buy Shiba Inu

Click on the “Buy” option. A trading window will pop up and you can customize the investment here by indicating the amount of cash you wish to spend on buying SHIB tokens or the number of Shiba Inu tokens you wish to purchase. Complete the trade by hitting the “Open Trade” button.

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How To Sell Shiba Inu (SHIB)

It is simple. Start by logging in to eToro or the exchange where you purchased your Shiba Inu tokens. Deposit the SHIB tokens to the exchange (assuming you had taken your meme coins off the exchange and onto an offline wallet).

Open a sell order. If you wish to sell the coins immediately and at the prevailing market rate, open a market order. If you wish to set the selling price for your coins, open a limit order and set your selling price.

Conclusion – How To Buy Shiba Inu (SHIB)?

Buying Shiba Inu doesn’t have to be complicated. There are now a growing number of tier-one crypto exchanges that list the meme coin and they all have oversimplified the process of buying SHIB on their platforms.

To help you start investing in the meme coin, we have discussed the best exchanges to buy Shiba Inu. We have also provided you with a step-by-step guide on how to buy Shiba Inu at eToro.

We have even described the different ways through which you can buy Shiba Inu. We have taught you how to buy SHIB with PayPal, credit cards and debit cards, and even banks. And you only need $10 to start buying Shiba Inu on eToro.

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FAQs About Buying Shiba Inu

What will Shiba Inu be worth in 2022?

The crypto market is wildly volatile and unpredictable at the moment. Therefore, no one can tell with utmost accuracy what Shiba Inu will be worth by the end of the year. The majority of analysts and investors are nevertheless confident that Shiba Inu token price will rebound and be worth much more in December than its current price.

Is Shiba Inu worth buying today?

Yes, Shiba Inu is worth buying today because it has proved its resilience. There also is a lot of developer activity on the Shiba Inu network, the meme coin is growing its community of followers and there is increased investor interest in Shiba Inu – all of which are expected to continue fueling SHIB’s value gain.

Will Shiba Inu ever reach $1?

It is not impossible for SHIB to eventually reach $1. To get here, however, it will need to burn a significant portion of the SHIB tokens in circulation.

Which is the best exchange to buy Shiba Inu?

In this post, we have discussed what we consider to be the three best exchanges to buy Shiba Inu. They all are great trading platforms but we would recommend that you create a trader account with eToro. The crypto exchange isn’t just beginner-friendly but also maintains affordable deposit minimums and competitive trading fees.

Can I buy Shiba Inu with PayPal?

Yes, you can buy Shiba Inu with PayPal. This, however, can only be done through a crypto exchange that supports PayPal deposits, such as eToro.

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Will Shiba Inu (SHIB) reach $1? The truth is, no one can tell with certainty whether it will reach $1 or not. Someone may argue that at Shiba Inu’s current token supply, this is an impossibility. Another may argue that Shiba Inu’s price history defies all logic and that $1 per SHIB token is possible between now and 2025.

We believe SHIB Inu can reach $1, but the earliest this can be achieved is in 2030 or thereabout.

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Anything earlier than that is possible but is a bit of a stretch. The reason for a 2030 prediction is to allow for the overall crypto market cap to accommodate such a market cap logically.

If Shiba Inu were to trade at $1 today, that would give it a market capitalization of $549.55 billion. That is slightly larger than the market cap of Ethereum today. Essentially, it would mean that the majority of the investable capital getting into crypto would be going to Shiba Inu, and that’s pretty unrealistic.

Alternatively, it would mean that the overall cryptocurrency market would have to expand exponentially within a very short time. For context, it would necessitate a situation where Bitcoin has a market capitalization in the 10s, if not 100s, of trillions of dollars. It would also mean that Ethereum would also be trading in the trillions of dollars in market capitalization.

For such a situation to become true, there would be an above-average devaluation of fiat currencies and massive adoption of cryptocurrencies in a very short time. So far, nothing of the sort seems to be happening. If anything, governments are taking measures to curb the risk of inflation.

After the stimulus packages of 2020, Central Banks are taking measures to help slow down the risk of hyperinflation. They include but are not limited to raising interest rates, and going slow on bond-buying, as is the case in the EU.

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In terms of adoption, the use of cryptocurrencies is on the rise globally. However, cryptocurrencies still constitute a very small portion of everyday transactions. In fact, they constitute less than 10% of transactions. In a world where many educated people still have no idea how cryptocurrencies work, it is unlikely that mass adoption will happen in a very few years, say between now and 2025.

However, going into the 2030s and beyond, there is a pretty good chance that Shiba Inu could hit $1. For starters, by 2030, the crypto market will have expanded quite significantly to a point where it can accommodate an extremely high market cap for altcoins like Shiba Inu.

For context, there is a good chance that by 2030, Bitcoin could be trading at $1 million. Since it is the primary driver to the crypto market, if Bitcoin hits such a price, the rest of the market would move to reflect the same. While $1 million per BTC may seem high, consider the fact that its block rewards are shrinking over time. For instance, in the upcoming block halving of 2024, Bitcoin block rewards will shrink to just 3.125 BTC. With the growing institutional interest in BTC, this shrinking supply could put significant upside pressure on BTC and the entire market.

Besides that, Shiba Inu fundamentals will be much better than they are now going into the 2030s. This is evident in the kind of progress that Shiba Inu has made in the 1.4 years it has existed.

Shiba Inu started as an average meme coin with nothing to offer but ride on Dogecoin’s coat. However, since then, it has proven itself to be worthwhile crypto. The supply has shrunk considerably, it has a DEX, and adoption is happening. Since these factors will only get better with time, it is safe to predict SHIB at $1 by 2030.

That said, not many people can hold on to a cryptocurrency that long. Considering how volatile the market is, you need diamond hands to hold a meme coin and ride the waves for 10-years. So, in the short term, is Shiba Inu a good investment for 5-years?

2021 is pretty much over, so a 5-year plan means holding SHIB until 2026. For all the good things that are happening to Shiba Inu, it is a good investment for the next 5-years.

For starters, the total supply of Shiba Inu is set to shrink significantly within the next 5-years. Thanks to Shiba Inu’s deflationary nature, and Vitalik Buterin’s burn, Shiba Inu token supply is now less than 50% of what it was at launch.

As more people transact in SHIB and more tokens are burned, the supply will drop even further. Going by simple demand and supply economics, this shrinking supply will help drive up the value of SHIB in the next 5-years.

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Then there is the aspect of adoption. While it started as a worthless token with no use case, Shiba Inu has already been used for everyday transactions. A few months ago, Shiba Inu was added to Shopping.io and is now one of the cryptocurrencies that can be used for making payments on major e-commerce sites like Amazon. More recently, a French restaurant started accepting Shiba Inu for payments.

As its price goes up and more people become aware of SHIB, there is a good chance that major corporations will start accepting it for payments. Dogecoin sets a positive precedent on this front.

Before the pump that started in 2020, Dogecoin was a joke coin. Today, it is accepted by more than 15 major corporations and many small companies. Shiba Inu has a good chance of following a similar pattern, and that’s good for its intrinsic value.

Simply put, you are unlikely to go wrong with Shiba Inu regardless of whether you are investing with the next 5-years or 10-years in mind. With the exponential rate at which the cryptocurrency market is growing, Shiba Inu will reach $1 at some point and give investors exponential returns in the next 5-years.

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