Back in 2009, people used bitcoins to buy free pizza tokens. Cryptocurrency has seen a tremendous surge from free tokens to a current market cap of over $1.91 trillion. The demand to Buy Shiba INU Coin crypto tokens as investment has seen a huge hike in 2021.
From a few tokens in starting to over 6000 crypto tokens, cryptocurrency has come a long way around. Different tokens have different rising graphs, and with some knowledge of a few rising underdogs, you can make rich rewards. However, few cryptocurrencies have actively scouted the crypto market.
This article will surely help those looking to Buy Shiba Inu Coin or other crypto tokens. In addition, a brief description of a few fastest-rising tokens of 2021 is discussed here.
1. Bitcoin (BTC)
Bitcoin, the blockchain cryptocurrency, is the first and the oldest crypto to come into the online market. This works on ledger logging transactions distributed across millions of computers. The proof of work process makes it secure and safe from fraudsters.
Bitcoin tokens are the most popular and most common name across online investors. Today in 2021, the price of bitcoin is over $62000 US, indicating a tremendous hike of 8,600%. It has been the top priority of crypto investors for a long time now.
2. Ethereum (ETH)
This program-developers favorite cryptocurrency is the second most popular (first Bitcoin) offers plenty of potential applications. It consists of smart contracts feature that has the potential of automatic execution when desirable conditions are met.
Non Fungible Tokens (NFTs) allow their users to posses’ ownership of unique commodities. Ethereum tokens have also seen some major expansion and growth. In the last five years, with 27,000% growth, the price of one Ethereum token has reached a value of $4300 US.
This open-source, decentralized software platform gives you the freedom to trade, secure, and decentralize just about anything.
3. SHIBA INU (SHIB)
SHIBA INU is an ERC-20 meme coin developed on the Ethereum blockchain. This anonymously founded cryptocurrency came into circulation in 2020 and has gained mass popularity over time. With over 400 trillion SHIB tokens in motion, this decentralized meme token is growing into a vibrant ecosystem.
In 2021, the Shiba Inu coin rolled up to 33% and reached its all-time high value of $0.00005478. This outpouring flow of the SHIB coin almost doubled its value. As a result, the current market cap of SHIB Inu has reached $27 billion, promoting it to the 11th most valuable crypto-coin across the world.
The self-proclaimed prophecy of SHIBA as “Dogecoin Killer” is now seen coming true. The trend and demand to Buy Shiba Inu Coin are rapidly growing among crypto investors. SHIB is now just two places behind the original meme coin, Dogecoin at ninth position.
The uncertainties in last year have drawn people’s interest more towards trading, especially in cryptocurrencies. Although Bitcoin is considered the whale of the crypto trading market, many competitors are taking a serious pace in this race.