Best exchanges to trade Shiba Inu after it remained strong despite Elon Musk’s revelation of not owning it
- Elon Musk openly supports Dogecoin (Doge) which is Shiba Inu’s major competitor.
- Musk’s revelation proves Shiba Inu is more promising and valuable than Dogecoin.
- Here is a quick guide on the best places to buy the SHIB coin.
Shiba Inu (SHIB) token has remained strong despite Elon Musk’s revelation of not owning it; something most investors thought would cause the coin to plummet.
To help investors and traders who are eyeing to buy and hold the SHIB coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to trade SHIB coin
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a dog-pegged meme coin whose popularity has been on the rise since it was unveiled. It is a close competitor of Dogecoin.
It has received a lot of support from the dog-meme community especially those that missed out on Dogecoin’s pump.
Its popularity on social media recently surpassed that of Dogecoin and Bitcoin, which are some of the most trending cryptocurrencies at the moment.
Should I buy the SHIB coin today?
If you are looking for a dog-meme coin that has a promising price, then the SHIB coin is a good choice. It is expected to pump like the dogecoin and probably get above Dogecoin in the future.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Shiba Inu price prediction
Elon Musk’s revelation of not owning any SHIB coin vindicates that the dog coin is self-built and does not depend on the pumping of popular celebrities. Furthermore, the revelation did not have a major effect on the coin and it is expected to continue with its bullish trend.