ShibaDoge combines the names and the best features of two beloved and very popular cryptos that hardly need an introduction. We’re talking about Shiba Inu and Dogecoin, of course.

ShibaDoge is favorably impacted by the upswing among dog-themed meme coins and gained 21% today. You’ve come to the right place if you want to know more about this particular breed of coin, whether it’s a good investment, and the best places to buy ShibaDoge now.  

Top places to buy ShibaDoge now

As SHIBDOGE is such a new asset, it’s yet to be listed on major exchanges. You can still purchase SHIBDOGE using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy SHIBDOGE right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for SHIBDOGE

Now that you’re connected, you’ll be able to swap for 100s of coins including SHIBDOGE.

What is ShibaDoge?

ShibaDoge’s creators have a lofty goal: to see the evolution of currency away from government controlled monopolies and give back the power to the people. For this to happen, the community must come together.

That is the mission of ShibaDoge – to ultimately merge the communities behind Shiba Inu and Dogecoin. The combined market cap of both currencies currently stands above $40 billion and represents more than 5 million token holders.

The short term goal is to merge 1% of that audience, creating value for 50,000+ holders and $400+ million in value. By focusing on the initial one percent, the creators believe they can bring more people together.

Should I buy ShibaDoge today?

Cryptocurrencies are very volatile, and meme coins – especially so. Their value can fluctuate based on a single tweet. ShibaDoge may be a good investment for you if you’re not risk-averse.  

ShibaDoge price prediction

According to an expert on Quora, ShibaDoge will reach one cent soon if it continues to perform like this. Right now, it may be booming, but there might be a huge drop in the price in the future. In this situation, ShibaDoge cannot reach a penny in the next 5 years.

ShibaDoge on social media

This post was originally published on Coinjournal.