Dogecoin has a rival — its own logo.
The cryptocurrency has spiked 22.66% within the past seven days, according to real time data tracked by CoinMarketCap (Note: market capitalization is constantly changing). One Shiba Inu coin is currently worth $0.000007593.
What is Shiba Inu coin?
Shiba Inu is a cryptocurrency experiment in decentralized community building, according to Crypto.com. It’s inspired to be similar to Dogecoin.
How to buy Shiba Inu coin in the U.S.
Shiba Inu coin is available to purchase on Crypto.com and eToro.
Coinbase — among the most popular places to trade cryptocurrency — does not support Shiba Inu, but you can add it to you cryptocurrency wishlist. If you sign up for a regular Coinbase account, you will also receive $5 worth of bitcoin for free upon verification of ID.
What is cryptocurrency?
Cryptocurrency is a digital asset designed to be used over the internet, according to Coinbase. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.
If you’re interested in investing in other cryptocurrencies such as Dogecoin, Bitcoin, Ethereum and Tether, here are some options to get you started:
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Nicolette Accardi can be reached at naccardi@njadvancemedia.com. Follow her on Twitter: @N_Accardi. Find NJ.com on Facebook. Have a tip? Tell us. nj.com/tips