Shiba Inu Sets a Record Here's How to Buy it at Indodax – The price of the Shiba Inu meme cryptocurrency (SHIB) has soared and hit a record. This also includes Shiba Inu prices on Indodax.

It also goes to show that this meme currency doesn't need Elon Musk's support to keep going up. In fact, the price of SHIB has skyrocketed despite Elon previously indicating that he prefers DOGE over SHIB.

On Wednesday (27/10/2021) afternoon, the SHIB value jumped 26 percent. Previously, SHIB again set a new record because there were recorded "whales" buying SHIB worth Rp. 214.5 billion.

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

Some time ago, there was a "whale" who obtained 316,507,544,814.09 SHIB or the equivalent of US$15,188,355 (approximately Rp. 214.5 billion) (approximately Rp. 214.5 billion).

Shiba Inu Sets a Record and Price The Shiba Inu is in the area of $0.00005263 and hit an all-time high. The trading volume of SHIB in 24 hours 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.

As reported by 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 a Record

Shiba Inu at Indodax

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

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

Shiba Inu prices have also fallen hundreds of percent and continue 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?

The Shiba Inu are actually credited with borrowing narratives from ancient Japan. Once upon a time, there was a very extraordinary dog named Shiba Inu. This dog has also motivated millions of people around the world to put money into tokens with dogs on them.

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

Founder of Shiba Inu

WoofPaper SHIBA INU pocketed at least 3 motives for producing SHIB, namely:

"We started from zero, with zero."
The big brains behind Shib had never worked together before.
“We adore Shiba Inu Dogs.”
The uniqueness of the Shiba Inu

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

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