Cryptocurrencies that share the cute Shiba Inu symbol have taken centre stage in the kingdom of meme coins. DOGE, or simply Dogecoin, was the pioneer of the doggy cryptocurrencies, launched as a joke back in 2013 when Shiba Inu meme was not popular or even established.
To the surprise of the creator, Dogecoin became more popular just after its release. But many users eventually lost their interest in the project up to the time when Elon Musk reintroduced it into the popular consciousness.
Released in August 2020 with the aim of overtaking DOGE, it was dubbed the killer of Dogecoin. On 27th October 2021, Shiba Inu flipped DOGE’s market cap, becoming the alpha pup. Recently, the Shiba Inu team released a decentralised exchange known as Shiba Swap, where users can earn interest after staking their Shiba Tokens.
As Shiba Inu increases in popularity, more and more industries are including the cryptocurrency in their transaction options. The online sports betting and crypto gambling industry are among the sectors that are incorporating Shiba Inu in their transaction activities.
If you search deeply enough, you can be able to find the best Shiba Inu sportsbooks. You do not need to access another page in order to get all the details that you need about betting with Shiba Inu. Just scroll the page down to discover more.
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).
People are asking these questions
⭐ Who created Shiba Inu coin?
Shiba Inu coin created an anonymous person known as “Ryoshi” in 2020 and this cryptocurrency operates on Ethereum network.
⭐ How many Shiba Inu coins are there?
Shiba Inu circulating supply is 549,095.51B shib and market cap for today is around $29 billions.
⭐ What is Shiba Inu price prediction 2025?
We predict that the Shiba Inu price in 2025 might be $0.0000967, so from today’s price we expect 100% growth.
⭐ What is Shiba Inu coin price prediction 2030?
We think that in 2030 Shiba Inu market cap will reach at least $50 billion, and Shiba Coin price in 2030 potentially can be around $0.003212.
⭐ Where to buy Shiba Inu crypto?
You can buy Shiba crypto in exchanges like Binance, Coinbase, Houbi, Kucoin. Also it’s possible to buy this crypto in sports betting sites and crypto casinos.
⭐ What is Shiba Inu token burn rate?
41% Shiba Inu total supply is burned, this means that these coins are no longer in circulation. Token burning is a strategy to increase token price in the market by decreasing circulation supply.
⭐ Is there are Shiba wallet?
✅ Yes, there are wallets that supports Shiba Inu – Ledger, BRD, MyEtherWallet. Also you can buy and hold Shiba coin in exchanges, like Coinbase or Binance.
⭐ What is Shiba Inu faucet?
Shiba Inu faucet or any other crypto faucet are websites where you can get crypto for free for doing some tasks or solving CAPTCHAs. Most popular Shiba faucet is coinfaucet.net.
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.