SHIB and DOGE are currently the most popular dog-themed coins.

Shiba Inu is back in the limelight as crypto looks to rebound after last week’s major sell-off. The Shiba Inu coin price is currently looking to break to $0.001000, which could cement the upward momentum that has pushed it from lows of $0.00000708 reached during early morning trades on Tuesday.

SHIB price is up 24% in the past 24 hours, with buyers largely motivated by the prospect of reeling in gains to compensate for losses after dumping nearly 87% from $0.000050 to $0.0000063. The rebound to highs of $0.000012 indicates renewed interest in the meme-coin, which some say could be the heir to Dogecoin’s throne.

Where to buy Shiba Inu (SHIB)

Binance

Binance is the world’s largest cryptocurrency exchange by trading volume, and the first leading platform to add trading support for SHIB. The exchange is available in most countries around the world, including in the US. Buying SHIB on Binance is easy and fast once you have created an account and funded it. You can INSTANTLY buy SHIB with EUR or USD.

Register here

Coin Kong

Coin Kong is an advanced broker that allows cryptocurrency investors to seamlessly connect to secure platforms from where they can buy any of the 100+ supported coins. To use this service requires that you first open an account and complete an identity verification process. There are no extra fees or commissions. Open an account and buy Shiba Inu in three easy steps.

Register here

How much should I invest in Shiba Inu?

Shiba Inu’s circulating supply is 394,796,000,000,000 SHIB as of writing. Traders are taking advantage of the massive volume and bargain price to buy and trade SHIB.

If one buys SHIB worth just $2 today, they can get close to 200,000 tokens that could be worth much more in a year. But if things go south, the investor will lose just that…$2.

This post was originally published on Coinjournal.