Shiba Inu Sports Betting 2023

Shiba Inu Review: Is it Next Dogecoin?

Given the huge move in value recently and then followed by an impressive crash a few days later, it is no surprise that many people are wondering about Shiba Inu crypto. For sure, it has the cute Shiba Inu dog breed that is popular in Japan, just like its counterpart Dogecoin. And this is where the similarity between these two crypto options shows up (read this – dogecoin review).

It is important to know that Shiba Inu does have a few things in common with Dogecoin, apart from the regular doggy mascot. Currently, Shiba Inu boasts itself as the best version of Dogecoin. The most interesting part is that Shiba cryptocurrency primary goal is improving Dogecoin, meaning it is a better speculative crypto coin. While it has not proven that yet, that is what the creators of Shiba Innu are looking forward to.

What’s Shiba Inu Coin Cryptocurrency?

An anonymous individual with the pseudonym Ryoshi founded Shiba Inu in 2020. Shiba Inu is an ERC-20 token that operates on the Ethereum Network that allows users to build the Shiba Swap and incorporate NFTs and other tokens into the ecosystem of the platform. After its release, the maximum supply was set at one quadrillion tokens which is higher compared to many other digital currencies.

This massive token size of Shiba Inu caused its price to be lower than most products with the same market capitalisations. On the DEX, half of the minted Shiba Inu tokens were locked into the Uniswap to reward liquidity suppliers. The remaining tokens were transferred directly to Buterin Vitalik, a visionary developer and founder of Ethereum (read this – best Ethereum sports betting sites). Ryoshi’s main goal was to burn all the tokens hoping that Vitalik would not sell them, making the Shiba token worthless. By 10th May 2021, Vitalik’s 5000 trillion Shiba tokens were worth billions of pounds.

Vitalik realised that he could make a huge impact on Earth with the tokens and decided to give out a donation worth one billion pounds, 20% of his Shiba. He split the tokens into two charities, including the India Covid-Crypto Relief Fund. The gift was the largest single donation ever made with crypto and brought legitimacy to Shiba Inu and the entire cryptocurrency industry as a whole.

The Shiba Swap is the main feature that makes this crypto option unique. Established in July 2021, the feature provides many benefits. It has different components that help it to deliver these benefits, which include DIG that provides liquidity to DEX when exchanging for BONES. Another feature is BURY that allows users to stake BONE, LEASH and SHIB to get passive income on their Shiba Inu token.

Why is Everybody Obsessed with Shib Coin?

Shiba Inu is a small-sized dog that is considered by the Japanese to be spirited. And as a result of that, they believe that the dog is challenging to train. Shiba Inu has also been characterised by users and investors as a stubborn dog. However, some say that free thinking is a perfect way to characterise this dog breed. Some have even likened Shiba Inu as the cats of the world of dogs. And that is one of the main reasons why everybody on the internet is obsessed with this crypto.

Aside from the characterisation of the dog breed, everybody is currently obsessed with Shiba Inu since it has shown significant growth in the short period that it has been circulating. On top of that, it boasts a solid community behind it, and its value is only continuing to increase. If all these things continue to go in the positive direction, then Shib coin will be worth an investment.

How to Bet with Shiba Inu Cryptocurrency?

As a result of its latest rise in popularity, Shiba Inu was listed on various trading platforms such as eTero and Crypto.com. You can also get Shiba Inu coins by exchanging Ethereum on well-known exchanges such as Kraken, Gemini and Coinbase. After purchasing your Ethereum coins, you can swap them for Shiba Inu on Uniswap. If you want to follow an easy path, then you should just visit Crypto.com and use the mobile app to purchase Shiba Inu coins.

To get started, all you need to do is to create an account and then verify it. To verify your account, you need to provide your driving license, social security number and your address. After setting up your account and verifying it, you can be able to invest in Shiba or use it to place bets on your favourite sports.

Betting with Shib Inu crypto is very simple. What you only need to do is to pick one of the recommended betting sites pr Shiba Inu casino that accept this cryptocurrency. After that, you should follow the link to land on the official website and then engage the account creation button. The button will allow you to access the registration form that you will have to fill. Once you have provided all the required details, the remaining step is to make your first deposit.

To make a deposit, visit the cashier section of your sportsbook of choice, choose Shiba crypto as your preferred method of payment, enter the amount that you want to play with and confirm your transaction. The funds should reflect in your sportsbook account instantly.

Shiba Inu Review Conclusion

Shiba Inu has proven to be a sure and safe investment, thanks to its recent rise in popularity. In May 2020, it proved that it could provide great returns with its 2,500% run. As it is with any business, you need to risk with Shib Inu crypto, but with luck and liquidity, it can skyrocket again.

If you are a punter who loves placing crypto bets, then you should try out Shiba Inu today. Choose the best site and enjoy all the benefits that Shiba Inu sportsbooks can offer, ranging from massive bonuses and anonymity to lots of eSports markets and competitive odds.