Shiba Inu is up 26% today: here is where to buy SHIB coin after a 6 consecutive days rally

After a drastic fall over the past three months, Shiba Inu (SHIB) has turned the tables and it is now on an upward trend as it tries to reclaim its previous highs.

To help new investors and traders who are eyeing the coin, Invezz has created a brief article to assist crypto traders and investors understand what Shiba Inu (SHIB) is and the best place to buy it.

To find out more, please continue reading.

Best places to buy Shiba Inu

Binance

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What is Shiba Inu (SHIB)?

SHIBA INU (SHIB) is a meme coin and its main aim was to become the Ethereum-based counterpart of Dogecoin.

Shiba Inu is part of several dog-themed tokens that include the likes of Dogecoin (DOGE), Baby Dogecoin (BabyDoge), Alaska Inu (LAS), Alaskan Malamute Token (LASM), and JINDO INU (JIND).

The Shiba Inu (SHIB) coin has attracted lots of investors, especially those who missed Dogecoin’s pump from about $0.0002 to about $0.75. It has made a lot of headlines and even appeared in many tweets from influential personalities like Elon Musk and Vitalik Buterin.

Should I buy SHIB coin today?

If you are looking to invest in a dog-meme coin that is on the rise, then Shiba Inu could be a good choice especially now that it is rallying after a fall.

Nevertheless, you should be aware of the fact that the cryptocurrency market is extremely volatile and extreme sudden market swings are possible.

Shiba Inu price prediction

Shiba Inu seems to be on a strong bullish trend and analysts expect the meme coin to sustain the Bull Run at least for the remaining part of February.

All eyes are on the $0.000040 target price.

$SHIB social media coverage

The post Shiba Inu is up 26% today: here is where to buy SHIB coin after a 6 consecutive days rally appeared first on Invezz.