Cryptocurrency is currently giving strong profits to investors. It started with Bitcoin. Now another name has also been added to it, Shiba Inu Coin, which is also known as Dogecoin Killer. Shiba Inu Coin is the latest digital currency to hit the cryptocurrency market. It has exploded as soon as it enters the cryptocurrency. It has given investors more than 70 percent profit on the very first day of listing on Binance. This cryptocurrency has become viral worldwide including in India.
This cryptocurrency is doing business with a jump of 760 percent
Shiba Inu quine is called Shib (SHIB) in short. This kleptocracy is doing business with a jump of 760 percent on its 7-day trailing basis. Now the question arises that what is the reason for its prices to rise so suddenly? In fact, the world’s largest cryptocurrency exchange, Binance, has been listed today on May 10, 2021, Shiba Inu Coin. Within a few minutes of its listing on Binance, its prices jumped more than 60 percent. On the first day, the price of this cryptocurrency has registered a jump of 70 percent.
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Investors get a signal, Alan Musk can invest in it
Tesla co-founder Elon Musk also tweeted that he wanted to adopt Shiba Pup. This indicated to investors that Musk could invest in it. This tweet from Musk also got support for Shiba Inu Quine. After the listing on Binance, the rise in prices of this cryptocurrency reached an all-time high of $ 0.000028, which was earlier trading at $ 0.000004. Its popularity can be gauged from the fact that Shiba Inu Coin worth $ 6.5 billion was traded on Binance on the very first day.
This is how Indian investors can buy Shiba Inu Coin
According to Shiba Inu Quine’s website, this cryptocurrency can only be purchased from the Uniswap platform. To buy it, Indian investors will first have to create a digital crypto wallet. Then it has to connect to a Uniswap platform. After this, you have to use Ethereum cryptocurrency to buy it. However, you can trade Shiba Inu Coin by downloading the Binance app.