Shiba Inu Review – Is Shiba Inu Legit or Scam

Shiba Inu Review - Is Shiba Inu Legit or Scam

Shiba Inu is one of the fastest rising coin in the cryptocurrency market. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.

On this article, we will review Shiba Inu token by listing the pros and cons.

If you missed the surge of coins like Bitcoin, Ethereum, Dogecoin and Cardano, you shouldn’t miss any other.

Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.

About Shiba Inu

What is Shiba Inu?

SHIB is the “DOGECOIN KILLER” according to the information written on their website. The coin is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi.”

Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.

This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.

Shiba Inu Supply

There are 549,063.28B SHIB in supply.

Who Are the Founders of SHIBA INU?

On their WoofPaper, there are three reasons why their team created SHIB:

  • We started from zero, with zero.
  • The brilliant minds behind Shib had never collaborated before.
  • We love Shiba Inu Dogs.

The anonymous creator of the Shiba Inu coin who is “Ryoshi”, is known to be a mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto.

Pros and Cons of Is Shiba Inu

Pros of Shiba Inu
  • They are fully decentralized
  • Project whitepaper available
  • Contract on Ethereum
  • A lot of investors are ‘flocking’ to invest
  • It is listed on coinmarketcap
  • Good navigational website
Cons of Shiba Inu
  • The coin is still under research and developments
  • Multiple issues with its synchronizations between ledgers
  • No github profile
  • No reddit account
  • No bitcointalk thread
  • No record of tradingview data
  • Not listed on some exchanges

Shiba Inu’s Vision

According to the information on their whitepaper, Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS) and Alaskan Malamute Token (LASM).

These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.

What is Shiba Inu used for?

Shiba Inu is one type of cryptocurrency, or digital currency, that is available only online and it’s a digital token for decentralized memes.

Is Shiba Inu Legit or Scam?

According to research and reviews, Shiba Inu is not a scam coin. Apart from being listed on top cryptocurrency exchanges and wallets, they have developed a problem solver. Although there are a lot of shit coins out there pretending to be like Shiba Inu, rendering same services or mimicking the roadmap of the token. Some also have gone ahead to direct users to fake social media channels, which has led to the Shiba Inu team sending out warnings to all cryptocurrency users especially those interested on their platform and token to be careful.

The Shiba Inu Team: “A fake Shiba Telegram group is being shared across all social media. The scammers impersonate official accounts and create fake users. These scammers reply to general posts.”

Other than that obvious reasons, the token is very safe and legitimate for users and investors. So far, it ranks as one of the first 100 safe cryptocurrencies in the world.

Is Shiba Inu a Good Crypto?

Shiba Inu was the most popular crypto in 2021, with 43 million more views than Bitcoin. We can say that Shiba Inu ‘barked’ the most in 2021, becoming the alpha among the dog theme cryptos.

Is Shiba Inu Safe?

Yes, Shiba Inu is safe.

Can Shiba Inu coin reach $1?

For a token that is very volatile in the market and ranked on first 100 spot on coinmarketcap, it is faced by the cryptocurrency market tussle hence that turns out to be the main gain target for the coin. Being able to maintain that momentum means, the coin is progressive and so is the price. Read about the Price Prediction of Shiba Inu.

Make personal research on the coin, visit coin’s official website.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Shiba Inu on the comment section below. Don’t forget to rate and leave a review.

138 Comments

  1. I think that what you composed was actually very logical.
    But, what about this? what if you were to write a awesome headline?
    I mean, I don’t want to tell you how to run your website, but suppose you added something that grabbed a person’s
    attention? I mean Shiba Inu Review – Is Shiba Inu Legit or Scam
    – Crypto & Reviews is a little vanilla. You ought to glance at Yahoo’s
    home page and note how they create news titles to
    get viewers to open the links. You might try adding a video or a picture or two to get people excited about
    everything’ve written. Just my opinion, it could bring your website a little bit more interesting. https://artmight.com/user/profile/663167

  2. Hi there I am so excited I found your web
    site, I really found you by error, while I was searching on Google for something else, Anyhow I am
    here now and would just like to say many thanks for a incredible
    post and a all round entertaining blog (I also love the theme/design), I don’t have time to look over it all at the moment but I have bookmarked it and also included your RSS
    feeds, so when I have time I will be back to read a great deal more, Please do keep up the awesome work. https://shrot111.dreamwidth.org/profile

  3. Hey! I just wanted to ask if you ever have any trouble with
    hackers? My last blog (wordpress) was hacked and
    I ended up losing a few months of hard work due to no data backup.

    Do you have any methods to stop hackers?

  4. I’ve been exploring for a little for any high-quality
    articles or weblog posts on this sort of house . Exploring in Yahoo I at last
    stumbled upon this web site. Reading this information So
    i’m satisfied to express that I’ve a very just right uncanny
    feeling I discovered exactly what I needed. I such a lot surely will make sure
    to do not fail to remember this web site and provides it a look on a continuing basis. https://app.vagrantup.com/BANK888

  5. Hey! I understand this is sort of off-topic but I had to
    ask. Does operating a well-established blog like yours
    take a large amount of work? I’m completely new to running a blog but I do write
    in my journal everyday. I’d like to start a blog so I can easily share my personal experience and thoughts
    online. Please let me know if you have any suggestions or tips for brand new aspiring blog owners.
    Thankyou! https://www.launchora.com/story/1665994334–0

  6. Can I simply say what a relief to uncover an individual
    who genuinely understands what they’re talking about on the internet.
    You definitely understand how to bring an issue to light and make it important.

    A lot more people have to read this and understand this side of your
    story. It’s surprising you’re not more popular because you
    most certainly possess the gift. http://phillipsservices.net/UserProfile/tabid/43/userId/175383/Default.aspx

  7. Off, congratses on this blog post. This is actually truly outstanding yet that’s why you regularly crank out my good friend.

    Wonderful posts that our company may drain our pearly whites in to as well as truly
    go to function.

    I adore this blog site post and also you recognize you are actually.
    Blogging can easily be quite mind-boggling for a whole lot of folks given that there is actually thus a lot entailed however
    its own like anything else.

    Fantastic share and also many thanks for the acknowledgment here, wow …
    Just how trendy is actually that.

    Off to discuss this post now, I yearn for all those brand new bloggers
    to observe that if they do not actually have a plan ten they carry out now.

    Look into my homepage; sameer’s

  8. Hello this is kind of of off topic but I was wondering if blogs
    use WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding experience so I
    wanted to get advice from someone with experience.
    Any help would be enormously appreciated!

  9. Yes I unqualifiedly agree with you on the wellness effectiveness of cannabidiol which is why I am currently charming these totally cornbread mafia with great pleasure. Thanks to this guide from the together I made the right high-quality and have already appreciated the high capability of the full spectrum cbd. If you paucity to separate more around the effect of entourage then this guide from the coupling provided wishes accord you a unabated understanding of the question.

  10. I really count that your insomnia is a problem full spectrum cbd oil already and not a idiosyncratic of of something more serious. I distinguish that melatonin works considerable but I can also tell you that ample spectrum cbd gummies work well-founded as well and you can’t sober-sided upon an addiction untypical in the suit with melatonin that’s a charming good advantage. But I’m undeviating that these gummies wishes actually inform appropriate you.

  11. What i do not understood is actually how you’re no longer actually much more smartly-appreciated
    than you might be right now. You are so intelligent. You recognize therefore considerably in terms of this
    topic, made me in my view believe it from a lot of numerous angles.
    Its like men and women don’t seem to be involved
    unless it’s one thing to accomplish with Lady gaga!
    Your individual stuffs nice. Always handle it up! https://gotartwork.com/Profile/bank111-online/178449/

  12. Вы получите доступ к полному набору
    функций для ведения блога, включая инструменты SEO, дизайна,
    управления и совместной работы, а также аналитику.

    Feel free to surf to my page; Chi

  13. Hi there would you mind stating which blog platform
    you’re using? I’m looking to start my own blog in the near future but I’m having a tough time deciding between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design seems different
    then most blogs and I’m looking for something completely unique.

    P.S Apologies for being off-topic but I had to ask! http://edu.fudanedu.uk/user/zfaf233/

  14. Off, congratulations on this article. This is actually fantastic but that
    is actually why you regularly crank out my good
    friend. Terrific posts that our team can easily drain our teeth into and definitely visit work.

    I enjoy this blog and you understand you’re straight.
    Due to the fact that there is so much involved yet its like just
    about anything else, writing a blog may be incredibly overwhelming for a whole lot of folks.
    Every thing takes some time and also all of us have the exact same
    quantity of hours in a day so put all of them to excellent use.
    All of us must start someplace and your strategy is actually excellent.

    Excellent portion and many thanks for the mention listed below,
    wow … Just how cool is that.

    Off to share this article right now, I yearn for all those brand-new bloggers to observe
    that if they do not actually possess a program ten they
    perform currently.

    Also visit my blog … chief operating officer

  15. Hi I am so delighted I found your weblog, I really found you by
    mistake, while I was searching on Google for something else, Anyways I am here now
    and would just like to say kudos for a incredible post and a all round interesting blog (I also love the theme/design),
    I don’t have time to browse it all at the minute but I have book-marked it and also added your RSS feeds,
    so when I have time I will be back to read a
    lot more, Please do keep up the excellent b. https://ko-fi.com/bank313

  16. Thanks on your marvelous posting! I actually enjoyed reading it, you can be a great author.I
    will remember to bookmark your blog and may come back sometime soon.
    I want to encourage yourself to continue your great work, have a nice
    holiday weekend!

  17. Hiya! I know this is kinda off topic however I’d figured I’d ask.
    Would you be interested in trading links or maybe guest
    writing a blog article or vice-versa? My site discusses a lot of the same subjects as yours and I feel we could greatly benefit from each other.
    If you happen to be interested feel free to send me an e-mail.
    I look forward to hearing from you! Fantastic blog
    by the way! https://www.customers.com/members/BANK343/

  18. My developer is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the costs. But he’s tryiong none the less.
    I’ve been using Movable-type on a number of websites for about a year and am
    nervous about switching to another platform. I have heard great things about blogengine.net.
    Is there a way I can import all my wordpress content into it?

    Any help would be greatly appreciated! https://www.intensedebate.com/people/BANK313

Leave a Reply

Your email address will not be published.


*