Shiba Inu Sets Record Here's How to Buy It on Indodax

Lovata Andrean

Shiba Inu Sets Record Here's How to Buy It on Indodax
Shiba Inu Sets Record Here's How to Buy It on Indodax

Rancakmedia.com – The price of the meme cryptocurrency Shiba Inu (SHIB) has soared and reached a record. This also includes the price of Shiba Inu on Indodax.

This also shows that this meme currency does not need Elon Musk's support to continue rising. In fact, the price of SHIB has skyrocketed even though Elon previously indicated that he preferred DOGE over SHIB.

On Wednesday (27/10/2021) afternoon, the value of SHIB jumped 26 percent. Previously, SHIB again set a new record because there was a "whale" who bought SHIB worth IDR. 214,5 billion.

There was concern previously when Elon claimed that he preferred DOGE over SHIB, despite defending Bitcoin and ETH. However, SHIB appears to be surging without being restrained by Elon's statements.

Some time ago, there was a “whale” who earned 316.507.544.814,09 SHIB or the equivalent of US$15.188.355 (around Rp. 214,5 billion) (around Rp. 214,5 billion).

Shiba Inu Sets a Record and Shiba Inu Price is in the $0,00005263 area and reaches an all-time high. SHIB's 24-hour trading volume also surpassed the giant crypto ETH or ethereum, which is the second largest cryptocurrency by market capitalization and the blockchain network on which SHIB is built.

Reported from Blockchainmedia, the increase in trading volume on SHIB over the previous 24 hours occurred as ETH recorded its best weekly close in the crypto market.

Shiba Inu Sets Record

Shiba Inu on Indodax

The popular crypto asset, Shiba Inu, has been listed on Indodax after previously being listed on various exchanges/platforms. Now, Shiba Inu is listed on Indodax by utilizing the USDT market.

Initially the price was very cheap and did not reach under one rupiah, but the price of this crypto asset soared thousands of percent in a matter of weeks at the beginning of last year.

The price of Shiba Inu also fell hundreds of percent and continues to decline day by day. However, now the price of the Shiba Inu crypto meme has set a record again, even reaching a record.

Shiba Inu Indodax: What is SHIB?

Shiba Inu is actually acknowledged to borrow narratives from ancient Japan. Once upon a time, there was a very extraordinary dog ​​named Shiba Inu. This dog also motivated millions of people around the world to put money into tokens with the dog's image on them.

This cryptocurrency is the same as Dogecoin, which is a meme currency that continues to receive attention from the public. Shiba Inu itself just debuted on the market in 2020. According to the Shiba Inu website, SHIB is a “KILLER DOGECOIN” and will be listed on its own ShibaSwap, a decentralized exchange.

Founder of Shiba Inu

WoofPaper SHIBA INU has at least 3 motifs to produce SHIB, namely:

“We started from scratch, with nothing.”
The big brains behind Shib had never worked together before.
“We adore Shiba Inu Dogs.”
The uniqueness of Shiba Inu

Of note, the Shiba Inu website welcomes dog-inspired artists from around the world to build the “artistic Shiba movement” as they connect their community to the NFT marketplace. Crypto has also started a campaign using Amazon Smile to make money to preserve the breed, which is in real life with the Shiba Inu Rescue Association.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks