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What can you do with Shiba Inu?
Store/Hold Shiba Inu
Many users hold on to their Shiba Inu with the expectation of it increasing in value. You can store your SHIB safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Shiba Inu
You can trade Shiba Inu for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Shiba Inu trading to meet your needs.
Send Shiba Inu
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Shiba Inu online and send to anyone and anywhere with their Shiba Inu address.
Spend Shiba Inu
You can also buy goods and services with your Shiba Inu. More and more vendors and retailers accept Shiba Inu every day.
Donate Shiba Inu
Bitget Charity accepts Shiba Inu donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Shiba Inu so no one misses out on the growth made possible by blockchain.
Learn More About Shiba Inu
You can read more in-depth articles on Shiba Inu from Bitget Research and study how cryptocurrencies like Shiba Inu work on Bitget Academy
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What Is Shiba Inu (SHIB)?
Shiba Inu is a memecoin, meaning that it was originally created for fun and didn’t have any real uses. It can be referred to as the successor of Dogecoin, a dog-themed token shilled by Tesla’s founder Elon Musk.
How Shiba Inu (SHIB) Works
The team behind Shiba Inu has been working on a Layer 2-solution called Shibarium, which is empowered by the almighty SHIB tokens . Fans of Shiba Inu, known as the Shib Army, expect Shibarium to improve SHIB transaction quality in terms of costs and speed. A SHIB Metaverse is soon to be launched as well, together with a card game named Shiba Eternity game.
How Many Shiba Inu (SHIB) Tokens Are In Circulation?
SHIB has a hard cap of one quadrillion tokens, with a current circulating supply of SHIB of 589 trillion. The Shiba Inu team introduced a burn portal on ShibaSwap in April 2022, later on other centralized exchanges (CEXs) so that SHIB holders can proactively join the burning process and earn rewards for doing so. More than 410 trillion SHIB are effectively removed from the circulating supply ever since, making SHIB price go up. Recently, Shiba Inu has flipped Tron (TRX) to become the 14th largest cryptocurrency by market capitalization.
How to Buy Shiba Inu (SHIB)
If you're interested in becoming a part of the Shiba Inu ecosystem, one of the first steps you can take is to purchase crypto. There are various ways to do so, such as instantly buying crypto with credit/debit cards , via bank transfer, via peer-to-peer transactions, or even in-person purchases. Alternatively, you can deposit funds into your Bitget account and use them to purchase cryptocurrencies, including SHIB.
Consider investing in Shiba Inu (SHIB)? It only takes 2 minutes to create an account on Bitget and start trading SHIB.
Check out the available SHIB trading pairs on Bitget!
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