However, they definitely put Shiba in the spotlight, and made people wonder - where can I buy Shiba Inu coin? Major news events like these were, well… It’s debatable just what type of impact they had on the reputation of the coin in question. Vitalik then donated ( no quotation marks this time) all of these tokens to charity, after converting them to USDC. Some people confused the two coins due to their likeness, while others wanted to jump into the “ Dogecoin killer” train, believing that the hype around DOGE would be its undoing.Īt the same time while this was happening, Vitalik Buterin received a “ donation” of 50 trillion Shiba coins to his public Etheruem wallet address.

Naturally, this is when questions such as “ where to buy Shiba coin?” started coming up, as well. The billionaire has mostly posted various memes, but this was enough to ignite a crowd of loyal followers to turn their sights to the crypto in question, and pump its price up significantly. Let’s break this down.Įlon Musk has been known to talk about Dogecoin quite a bit, especially on his Twitter profile.

Naturally, with so many similarities to the already-popular memecoin, Shiba got some initial attention rather quickly.įollowing that, you then have various tweets from major influential figures, such as Elon Musk ( Tesla’s CEO), accompanied by a failed publicity stunt involving Vitalik Buterin ( creator of Ethereum). To put it frankly, it’s actually a combination of a few very unlikely coincidences.įor starters, the anonymous creator of Shiba coin ( known by the pseudonym “Ryoshi”) has designed Shiba to be “ the Dogecoin killer”. It’s probably not at all weird that individuals are looking at “ where can I buy Shiba Inu coin?”! Where Does the Hype Come From?įor an outsider looking in, there’s probably but a single question that comes to mind - where does all of this hype come from?! Yes, you’ve read that right - 7 MILLION PERCENT. To put things into perspective, you can think about it this way - comparing the launch of the coin in August of 2020 with the highest price point up to early November of 2022, the price of Shiba rose by over 7,000,000%. This is where people REALLY started looking at where to buy Shiba coin in US, and various other parts of the world. Whether it’s due to the fact that the token is similar to the well-known DOGE, or some other reason, the hype did die down pretty soon. Looking through the various Shiba coin charts, it’s evident that the crypto * did* experience some success at the very beginning. Both of the aforementioned missions are being promoted and executed in a variety of different ways. Shiba has two major missions - to bring artists together for the sake of creating Shiba-related artwork ( in the form of Ethereum-based NFTs), and to save as many real-world Shiba Inu dogs as possible. It was, evidently, inspired by Dogecoin, and the meme culture surrounding it. While gaining widespread popularity in the latter half of 2022, the Shiba coin was actually created in August of 2020. It has all of the benefits associated with ERC tokens ( easy NFT integration, ease of purchase, storage options), as well as some of the negatives, as well ( read: ETH gas fees).įor the sake of simplicity, though, and in order to avoid confusion, for the rest of this “ Shiba Inu coin price, where to buy?” guide, we’ll be referring to the token as a “ coin”. Shiba, however, is located on the Ethereum blockchain - it’s an ERC-20 token, just like many others. To that, I answer - everyone who’s looking at where to buy Shiba coins SHOULD care!Ĭrypto coins are assets that have their own blockchains.

If you’re a cynic, you might say - “ who cares about the semantics!”. Thus, whether you’re looking for Shiba coin RobinHood, Coinbase, or else, you should take that into consideration.Īnother important factor to note is that Shiba coin, unlike Dogecoin, isn’t even actually a coin, either - it’s a token. This is mostly due to the fact that, in both cases, the mascots ( and names, honestly) for the coins are dogs - the Japanese Shiba Inu dogs, to be exact.Īpart from sharing the name and mascot likeness, however, the Shiba coin has nothing to do with Dogecoin.

Truth be told, it’s best to look at it from the other side of the spectrum, and discuss what it ISN’T - Shiba coin isn’t Dogecoin.īelieve it or not, but many people do confuse the two crypto assets in question.

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