Coinbase, Exchanges

How Much Is Shiba Inu on Coinbase?

Shiba Inu is a popular cryptocurrency that has been gaining traction in recent months. Coinbase, one of the leading US-based exchanges, recently announced that it would be listing the coin on its platform.

This is good news for investors as it will make it easier to buy and sell the coin.

The Shiba Inu coin is not like other coins such as Bitcoin or Ethereum. It is what is known as an ERC20 token, which means that it runs on the Ethereum blockchain.

However, the Shiba Inu team has created a unique twist on the standard ERC20 token.

NOTE: WARNING: Purchasing Shiba Inu (SHIB) on Coinbase is currently not available. SHIB is only available on decentralized exchanges. Investing in cryptocurrency carries significant risk and may not be suitable for all investors. Please ensure that you understand the risks involved before investing.

The team has created a smart contract that allows investors to send their coins to a burn address. This address is then destroyed, meaning that the supply of the coin decreases over time.

The team believes that this will create scarcity and drive up the price of the coin.

Coinbase has not yet announced when trading will begin on its platform. However, when it does, investors will be able to buy and sell Shiba Inu with ease.

This listing will provide more liquidity for the coin and could lead to price increases in the future.

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