The ongoing Shiba tsunami draws the attention of many investors. Due to its low price, everyone biding on it to gain future profits with less investment.
Recently, most of the giant exchanges listed the Doge killer. However, the listing of token in coinbase increases the token’s value up to 25 per cent even in the crash market, making it profitable for early investors.
Twitter goes haywire after the listing
Every time a listing happens on big platforms, people having their own opinions goes straight on to Twitter to express their likeness and dislikes.
Former Olympiad and bodybuilder Kai Greene supported Shiba token by series of tweets to express his excitement towards the coin.
Some of his tweets are just funny and influencing others to invest in the token.
Some Criticism with facts…
On the other hand, American Politician, David Gokhshtein expressed his serious concerns and dislike towards the listing of Shiba Inu. He shows his disappointment through many negative tweets thrashing the exchange giant to list it before “The Reserve Rights token(that)”.
According to him, RSR should be listed first as it has more utility than the ddogecoincompetitor (Shiba Inu token).
As per the Protocol of the RSR, The reserve Rights token is a cryptocurrency used to facilitate the stability of the Reserve token. Collateral tokens — other assets that are held by the Reserve smart contract to back the value of the Reserve token, similar to when the US government used to back the US dollar with gold.
He retweeted a tweet that shows his complete annoyance towards the listing of the Shiba token.
What is Shiba Inu and why everyone investing in it?
Shiba Inu is an ERC-20 token on the Ethereum blockchain, and is based on Dogecoin; it brands itself “the Dogecoin killer”. According to Wikipedia and shibatoken.com, Shiba Inu wasn’t in the scene before its price gained hype from April 2021 and since gaining popularity. Even after the market crash, investors looking to put their real cash into the virtual currency and expect it to HodL for upcoming years. Shiba Inu was created in August 2020, modelled off Dogecoin, another cryptocurrency, by the anonymous founder referred to as “Ryoshi”. On 13 May, Vitalik Buterin donated quite 50 trillion Shiba Tokens to the India COVID-Crypto Relief Fund.
Where to buy shiba tokens?
Shiba Tokens are often exchanged on ShibaSwap, Kucoin, CoinBene, Probit Global, CoinDCX, WazirX, Binance, Crypto.com, Huobi, and OKEx.