Based Shiba Inu is a dog-themed meme coin built on the BASE blockchain. On their website, they say that Based Shiba is not just a token but a community-driven movement. But all meme tokens make such claims.
This article is your go-to guide to understanding the Based Shiba Inu token. I will discuss the token’s notable features, its tokenomics, its past market performance, and future price predictions. Let’s dive into it right away.
Based Shiba Inu (BSHIB) Key Features
| Community-driven | Based Shiba Inu fosters a strong community. The project attracts crypto enthusiasts who appreciate the lighter side of blockchain technology. |
| BASE Blockchain | Based Shiba calls BASE Network its home. The platform tries to add some color to the otherwise serious blockchain. |
Based Shiba Inu (BSHIB) Tokenomics
Based Shiba Inu has a total supply of 10,000,000,000 tokens. It has no taxes, locked liquidity, and the founders have renounced contract ownership.
Based Shiba Inu (BSHIB) Past Performance
BSHIB debuted on exchanges in mid-March 2024 at around $0.0003. It gained considerable momentum in the first week of trading and at one point was priced at $0.002, almost seven times its listing price. This was followed by a gradual correction though the token’s momentum is yet to die out.
At the time of writing this article, Shiba Inu is selling for $0.0006159, 2.3% down from yesterday. The 24-hour trading volume is at $5.4 million.
Based Shiba Inu (BSHIB) Price Prediction
Based Shiba Inu was publicly listed only on March 15, 2024. As per the market analysis and valuations, we have done a market price prediction of Based Shiba Inu (BSHIB) till 2030
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | $ 0.00002299 | $ 0.000117 |
| 2026 | $ 0.00001887 | $ 0.00006147 |
| 2027 | $ 0.00002097 | $ 0.00004279 |
| 2028 | $ 0.00003397 | $ 0.00007457 |
| 2029 | $ 0.00005899 | $ 0.000237 |
| 2030 | $ 0.00005691 | $ 0.00009444 |
Where to Buy Based Shiba Inu (BSHIB)?
Because of its relatively limited popularity, Shiba Inu can be currently bought from Uniswap and Bitmart.
How to Buy Based Shiba Inu (BSHIB)?
You can buy Based Shiba Inu from Uniswap by following these steps.
- First, create a non-custodial wallet that supports Ethereum. Metamask will do just fine.
- Once your wallet is set up, connect that to Uniswap.
- Now get some ETH in your wallet. You can get it transferred from a CEX wallet or buy it on Uniswap.
- Bridge your ETH from Ethereum to the Base network.
- Go back to Uniswap and swap your ETH for BSHIB.
Conclusion
Shiba Inu is another meme coin that is trying to capitalize on the return of the meme coin hype. Based Shiba Inu is cleverly named so to indicate that it is the Shiba Inu for the BASE blockchain.
Since its inception almost a month back, the token has gone through some wild price fluctuations and is too early to say anything about where it will settle by the end of the year.
However, with the highly anticipated Bitcoin halving event on the horizon, the token still carries some upside potential.
With all that being said, crypto assets, including meme tokens are highly volatile instruments, and changes in market sentiments can have drastic impacts on their valuation.
The reader is advised to exercise extreme caution before putting your money into such ventures. And, for heaven’s sake, do not invest with borrowed money.
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