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With the endless volatility of the crypto market, sometimes we need advice on how to make the best investments. There are too many commodities to count, and the sheer amount of information can be overwhelming. Luckily, we're here to help you make the right decisions!
With our help, you'll have the newest information on various assets. With that in mind, let's take a look at the most popular cryptocurrency that's been roaming around the internet, the Shiba Inu. What are the predictions of this exciting token, how can you buy it, and most importantly – is it a good financial investment?
Let's find out the answers to these burning questions!
Cryptocurrency markets are highly volatile and your investments are at risk.
Before we begin, let's explain the very nature of the Shiba Inu coin. It was created in 2020 by an anonymous person who goes by the online handle "Ryoshi". We know very little about the creator and it doesn't seem like that is going to change soon.
Nevertheless, Shiba Inu (code: SHIB) has taken the internet by storm. It started as a meme coin, much like its competitor Dogecoin. However, it has tremendously grown in popularity, making it a viable investment for crypto traders.
Unlike Dogecoin, SHIB is Ethereum-compatible. In fact, it was designed with this purpose in mind. As a result, it already has a head-start on much more successful tokens, which is why we believe SHIB is only going to grow in value.
Cryptocurrency markets are highly volatile and your investments are at risk.
Unsurprisingly, SHIB had a rocky start, and in the first few months hasn't risen in value much. However, 2021 was a pivotal year, and Shiba Inu started gradually increasing its value. It has had a stable, bullish trend ever since.
Interestingly enough, Ethereum co-founder Vitalik Buterin himself has expressed fondness over this meme coin. In 2021, he donated over $1 billion worth of SHIB to India's Crypto Covid Relief Fund. This charitable donation put Shiba Inu in the spotlight as it gained mainstream popularity.
There's no doubt that Shiba Inu is a promising commodity that has only begun to grow. Since the price of this token is currently very low, at just $0.000025, there's no better time to buy it. Let's find out where to buy Shiba Inu.
Cryptocurrency markets are highly volatile and your investments are at risk.
If you're looking to invest, we can't think of a better broker than eToro! Founded in 2007, the platform has quickly proved itself to be one of the best on the market. A great statement to eToro's quality is the fact that it has tripled in value in just two years, from $800 million in 2018 to over $2.5 billion in 2020.
The platform offers several services to its users, from forex to crypto trading. It has offices in four different countries, strictly following their respective regulations and authorizations. As a result, it's incredibly secure and you're at no risk of accidentally losing your money.
Most importantly, it offers an undeniable value for both beginner and experienced traders. With low fees, a great network, and a very intuitive user interface – we can't recommend eToro enough.
Coinbase was founded in 2012 and quickly became a popular online trading platform. It offers a variety of cryptocurrencies to sell, buy, and trade – including the famous Bitcoin, Ethereum, and Litecoin. Interestingly enough, the company is entirely digital, as it lacks official physical headquarters.
Nonetheless, that doesn't stop Coinbase from gathering millions of users. Its strongest selling point is the simple-to-use interface, which makes it a great starter platform for beginners. We also like the addition of Coinbase Pro, which offers some additional features for more experienced traders.
However, it is noteworthy that some users complain about the broker's high fees. Although Coinbase Pro does have lower fees than the standard version, some people may be put off by the payment requirements. We believe that the fees are a small price to pay for a reliable, friendly broker.
A fairly new platform, Crypto.com is a great option if you're still searching for a decent broker. It was founded in 2016, and now boasts an impressive userbase of over 10 million people. You may recognize it by its original name "Monaco", though they quickly bought the crypto.com domain.
Crypto offers numerous benefits to its users, including numerous rewards, high trading speeds, and low fees. It has a strong security system and has an overall large selection of commodities, including the most popular Bitcoin, Ethereum, and Dogecoin.
However, beginners may find the platform hard to navigate. It's not as intuitive as eToro, nor does it provide any learning resources. Beginners can be confused by this broker, and it may take some getting used to the interface. As a result, we recommend crypto.com to more experienced investors who already know how to navigate trading platforms.
Cryptocurrency markets are highly volatile and your investments are at risk.
With all this in mind, we strongly believe that eToro is the best platform to buy SHIB. It's made its mark almost as a social network, as it allows you to copy trades from highly experienced traders. If you're a beginner looking to improve your abilities, the option to copy other portfolios gives you a huge headstart.
Even as a professional, the strong security system, low fees, and numerous trading options should be enough to excite even the most experienced traders. No matter who you are, there's a place for you on eToro if you want to take crypto trading to the next level.
You can begin your trading journey for as low as $10 on the platform. With a positive Shiba Inu Price Prediction 2022, it's a great time to purchase this dog-inspired coin. Let's take a look at this step-by-step guide on how to buy Shiba Inu.
Cryptocurrency markets are highly volatile and your investments are at risk.
If you already have an account on eToro, simply log in with your existing information. If you're new, open the website and locate the "Join Now" button. All you need to start investing is a valid email, a username, and a password.
You will be asked to make a deposit. As mentioned, the deposit can be as little as $10. There are numerous payment options available depending on your location, including bank transfers, debit/credit cards, and eWallets. Choose whichever works best for you. If you're interested to know more read this guide on how to buy shiba inu coin with credit card.
Searching for commodities on eToro is incredibly easy. Just type the name of the coin you're searching for (in this case Shiba Inu) in the search bar at the top of the website. You'll be given a list of assets that match. Click on the "Trade" button next to the first option.
We're almost done. It's time to finalize your payment by entering the number of tokens you wish to purchase. Enter the correct information (be careful so you don't make a mistake by accident) and click "Open Trade". You are now part of the meme coin revolution!
Cryptocurrency markets are highly volatile and your investments are at risk.
It's time to answer the most important question – what are Shiba Inu price predictions for 2022? Before we answer, it's important to note the volatility of the market, and its inevitable risk. No one can, with 100% certainty guarantee the trends of certain assets.
However, some experts can accurately predict how Shiba Inu will perform in the following months. Market Realist, a financial media outlet, expects that the price of SHIB will go up by 620% by 2026. Coin Price Forecast has a prediction for 2022, saying that there's an expectation for Shiba Inu to reach an increase of just under 350%, bringing its value to $0.00003174.
As you can see, there are numerous predictions that the price of SHIB will only go up, and history has shown a similar bullish trend. Slow and steady wins the race, and Shiba Inu has continuously been increasing in value.
Cryptocurrency markets are highly volatile and your investments are at risk.
If you want to make money in the future, Shiba Inu is still a great currency to invest in. The asset is prone to big price fluctuations because it is meme money. It's also an intriguing option because of its low price. As indicated by our Shiba Inu forecast, the asset has some potential.
However, if you're looking for the best coin right now, we recommend Lucky Block.
Lucky Block, a blockchain gaming platform that intends to revolutionise the industry, uses LBLOCK as its governance token. Using blockchain technology, Lucky Block promotes fairness and transparency in the gaming business.
Surprisingly, the site is generating a lot of buzz among visitors. LBLOCK is a code that allows players to access all of Lucky Block's games. This signifies that the asset will be used in place of traditional game tickets. You may also make educated guesses about how much it will cost.
LBLOCK was launched by Lucky Block in January, and it is presently available on PancakeSwap, a popular decentralised exchange. The currency debuted at $0.0020 and has since risen to $0.0092, its all-time high.
Cryptocurrency markets are highly volatile and your investments are at risk.
Investors who bought up to $10,000 worth of LBLOCK during the asset's presale are delighted right now, as their holdings have more than tenfold in value. As a consequence, many analysts believe it is the best cryptocurrency to invest in 2022. It has even gone down in history as the cryptocurrency with the fastest climb to a market capitalization of $1 billion.
It doesn't stop there, though. In March, the Lucky Block app will be launched, and LBLOCK will be available on major cryptocurrency exchanges including FTX and Binance. You can bet that the asset's value will surge even more if this happens.
Cryptocurrency markets are highly volatile and your investments are at risk.
You can purchase LBLOCK by checking out the Lucky Block site.
However, if you'd like to buy the coin from PancakeSwap, follow these steps:
Head over to the official website of PancakeSwap by clicking this link.
PancakeSwap allows you to connect your self-custodial wallet to purchase tokens. The platform supports wallets like MetaMask, Trust Wallet, BSC Wallet, and more.
PancakeSwap is based on the Binance Smart Chain. So, to purchase LBLOCK, you will first need to buy Binance Coin (BNB).
Buy the asset and transfer it to your wallet. Already have BNB? You can go ahead and make a purchase for LBLOCK.
Head to your wallet and click on "Trade," then click on "Exchange." Choose BNB in the "From" section.
Select LBLOCK in the "To" section. Enter how much you'd like to buy and proceed to make your purchase. Within minutes, your LBLOCK tokens will be deposited into your wallet.
Cryptocurrency markets are highly volatile and your investments are at risk.
To sum up, there's no doubt that Shiba Inu is a viable investment opportunity in 2022. Similar to the famous Dogecoin, SHIB is a meme coin that gained high popularity in recent months. However, unlike its competitor, Shiba Inu is designed to be Ethereum-compatible, instantly giving it an edge.
Predictions for Shiba Inu in 2022 are looking good, with most media outlets expecting a steady increase in price by the end of the year, with an impressive peak of over 600% by 2026. As a result, now is the time to invest in SHIB.
While Shiba Inu also offers massive value to investors, we recommend buying LBLOCK as well for massive gains.
LBLOCK has become one of the hottest properties on the crypto market. The asset is still in its infancy, but it's already a hot-ticket commodity.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
