Where to Buy Cryptocurrency Shiba Inu – Time To Buy The Dip?

3 months ago 41
PR Distribution

Shiba Inu has seen a price decline of 7% in the last day while volume has seen a boost of around 20%.

Shiba Inu, the meme cryptocurrency, has seen a decline along with most of the crypto market. After dipping by around 7% in the last 24 hours, there was an increase in trading volume of around 20%. It is unclear whether this increase is traders selling their coins as the price of Shiba Inu dumps, or if these are long orders as other traders see an opportunity to buy Shiba Inu at a cheaper price.

In more bullish news, the coin received a listing on Voyager, which may have led to the increase in trading volume – however according to data on Coingecko, the majority of the project’s volume has come from Binance, which accounted for 35% of the total trading volume.

Shiba Inu becomes most traded crypto on Voyager after listing! pic.twitter.com/0AXrhzKvLz

— Shibainu-Coins 💎 (@CoinShibainu) June 21, 2021

Where to buy Shiba Inu


eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Register with eToro instantly


CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.

Register with CAPEX instantly

What does buy the dip mean?

In order to buy cryptocurrency projects such as Shiba Inu at the best possible prices, traders opt to “buy the dip” which allows them to buy up coins at cheaper prices, meaning their fiat cash investment will reward them with more coins than if they choose to buy at higher prices.

Shiba Inu has declined almost 100% from its all time high at $0.00003791 since last month.

Read Entire Article