Shiba Inu is a token that runs on the Ethereum network. The term “Shiba Inu” originates in Japan and refers to a certain dog breed.

SHIB was founded in August 2020 under the pseudonym “Ryoshi.”

There were 1 quadrillion tokens released during the ICO, with 500 trillion tokens going to Ethereum co-founder Vitalik Buterin.

Buterin gave 50 trillion tokens to the Covid-19 reliefButerin gave 50 trillion tokens to the Covid-19 relief fund in India and burnt the remaining 450 trillion tokens in a dead wallet.

The term “burned” refers to tokens that are still on the blockchain but have been locked away and will never be used in commerce.

The remaining 500 trillion tokens were stored in Uniswap, with the private keys thrown away by the founders.

SHIB was created to create a fair and trustworthy cryptocurrency that anybody may use for transactions and value sharing.

For a more in-depth study of how and why the founders created SHIB coin, I recommend reading the Shiba Inu whitepaper.Shiba Inu whitepaper.

Since January 2021, the Shiba Inu Token has increased by 27,000,000%.

SHIB has increased by an amazing 27,000,000% since January 2021, and many Shiba Inu whales have become billionaires as a result of the famous meme coin.

Meme coins, like SHIB, rely on a lot of social media and celebrity pumping, which causes investors to FOMO into high-risk cryptocurrencies. After posting a photo of his Shiba Inu dog Floki on Twitter in October 2021, Elon Musk caused the price of SHIB token to skyrocket.



How To Invest In Shiba Inu Coin
Like every wise investor, your goal should be to buy Shiba Inu in the most cost-effective way possible. So you must carefully select a suitable broker from which to purchase the token. We’ve identified the finest sites to invest in SHIB to make this procedure as simple as possible. They include:

Coinbase
eToro
Binance
Trust Wallet
Uniswap
Robinhood
Webull


Read more here >> https://jeanbudget.com/cryptocurrency/invest-in-shiba-inu-coin/