Buy Shiba Inu (SHIB), it’s easy!

Follow the value of Shiba Inu, much more than a meme coinIf you want to buy Shiba Inu (SHIB), you're in the right place. It's much more than just a meme coin.

Shiba Inuis not supported by Young Platform.

Shiba Inu (SHIB): Trend & Price

Why Buy Shiba Inu (SHIB)?

You could buy Shiba Inu, the second most famous meme coin in the crypto world, right after DOGE. Originating from an ambitious experiment to replicate Dogecoin and mainstream another dog-inspired crypto, it has evolved to be much more over time.

The Shiba Inu ecosystem has three tokens. There’s SHIB, the primary cryptocurrency listed on major international exchanges. Then there’s LEASH, also known as “Doge Killer,” used only within the Shiba protocol. Finally, there’s BONE (Bone ShibaSwap), which started as a governance token and later became the primary token of the Layer 2 Shibarium.

A reason to consider buying Shiba Inu (SHIB) could be its roadmap, as ambitious as it is entertaining. After creating a DAO (“Doggy”), a Layer 2 on Ethereum (“Shibarium”), an NFT collection (“The Shiboshis”), a game (“Shiba Eternity”), and a Metaverse, the team is working on an algorithmic stablecoin. The ultimate goal, which the team is almost achieving, is to be a comprehensive financial system, complete with all the functionalities offered by DeFi.

What is Shiba Inu (SHIB) and How Did It Start?

In addition to focusing on the value of Shiba Inu to decide whether to buy it, you should also know that it is a cryptocurrency built on Ethereum using the ERC-20 standard. An authentic meme coin, born in the wake of the success of other “canine” coins. Media momentum came from endorsements by figures connected to the crypto world (Elon Musk, Vitalik Buterin).

Thus, Shiba Inu evolved from a viral experiment to a cryptocurrency listed on significant exchanges within a few months. Credit also goes to its robust and fierce community, the Shibarmy, which launched fun but impactful initiatives across forums.

Finally, if you’re considering buying Shiba Inu, you’ll want to know its history. This crypto was created in August 2020 by a user who signed the whitepaper (the “Woofpaper”) with the pseudonym Ryoshi. The anonymous creator of Shiba Inu expressed his ideas mainly through the blog “Ryoshi Research” and, from the first post, defined his coin as a “decentralisation experiment”. The Shiba Inu tokenomics consists of a quadrillion SHIB, half of which was deposited into Vitalik Buterin’s wallet.

Stay up to date with the price of Shiba Inu

Price 24H
Change 24H
Daily High
Circulating Supply
Market Cap

Unlimited access to +1000 free content items

Unravel the intricate world of DeFi, NFTs, DApps, Metamask, and more. Whether you're a beginner or an expert, our Academy is your roadmap to navigating the crypto market!

Young Platform Academy

Create your account in 3 steps on Young Platform

Sign Up and Verify Your Identity
Enjoy free registration and full control over your funds. Move your money how you want, when you want.
Pay with Card, Bank Transfer or Apple and Google Pay
Start with every penny you have. Whoever said you need a fortune to enter this market has misled you.
Instantly Buy and Sell
Tailor your strategy and leverage automation to maximise your outcomes. Trade on your own terms.

What does the Young Platform do?

Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.

Check out the Top movers

Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.

Jump into the crypto market now