07 Jul, 2023

What is BabyShibaInu? A 2024 Guide to the New Cryptocurrency

Susan Oh
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Susan Oh
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Susan Oh is a leading figure in the integration of AI and blockchain for social good, serving as the CMO for BeOmni by Beyond Imagination and a civic technologist dedicated to creating scalable solutions. She is a board member of the Blockchain Commission For Sustainable Development supported by the UN GA Office of Partnerships, and...
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What is BabyShibaInu

You may wonder, what is BabyShibaInu? Baby Shiba Inu is a cryptocurrency token operating on the Ethereum blockchain. Baby Shiba Inu is a dog-themed digital currency inspired by the Shiba Inu meme and is often referred to as “Baby Shib” or “BSI.”

Want to dig deeper into knowing about Baby Shiba Inu? Continue to delve deeper!

Throughout, we will discuss

  • The purpose of Baby Shiba Inu
  • Who created the BabyShibainu token?
  • Where to buy the babyShibainu coin?
  • The all-time high price of babyshibainu tokens
  • The total market cap and much more!

The purpose of Baby Shiba Inu

The Babyshibainu team aims to move along its planned roadmap, but it is also obvious that they aim to value the community’s growth and well-being. Babyshibainu sets out its strategies in different faces, including:

  • Rewarding its users
  • Implementation of an anti-rugging mechanism
  • Establishing transaction caps to avoid manipulation and too much volatility

These mentioned pointers highlight the purpose of baby Shiba Inu, distinguishing it from other meme currencies.

Baby Shiba Inu.
Baby Shiba Inu.

Who created the BabyShibainu token?

Micky Valen, a music artist, and producer, is the core founder and developer of the Baby Shiba Inu network. The project was launched in 2021, involving listing this coin on several crypto exchanges through babyshibainu team efforts.

Following the launch, the team immediately initiated BabyShibaInu token giveaways, incentives, and vigorous marketing campaigns to draw members into the community and establish a strong team.


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4.3

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0.04% – 0.10%

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Where can you buy Baby Shiba Inu?

Here are the ways to buy baby shiba inu:

Exchanges to Purchase babyshibainu from

Depending on the centralized or decentralized exchanges, you may encounter different tokens. There is an easier option through Binance.

Most Used
Tradable Coins
  • 600+
Payment Options
  • +3
Fees
  • 0.1 – 0.5%

More details

Binance is a great combination of low fees, deep liquidity and multiple cryptocurrencies and trading pairs. We have tested every aspect of it and it STILL holds its reign as the top exchange in the world. In our view, it is the perfect crypto exchange for both newbies and advanced traders alike.


  • Biggest exchange in the world.

  • Industry's lowest trading fees.

  • Advance trading options like leverage trading.

  • 600+ crypto options, 150+ for the US.

  • Lucrative on-site staking options.

  • Hiccups in account verification.

  • Less regulated than some competitors.

  • The corporate structure is not transparently.

Alternatively, you can view from CoinMarketCap to know which exchanges list babyshibainu. You can then DYOR and select the best exchange to trade Baby Shiba Inu on.

Buying Baby Shiba Inu through Coinmarketcap

Coinmarketcap is the biggest source to provide a list of options for purchasing market pairs. To buy babyshibainu, go to CoinMarketCap and search for the desired coins or tokens. In this case, search for babyshibainu tokens.

In the right corner search bar, search for babyshibainu and enter. You can see every detail of this coin now, including the pairs, markets, price chart, Market Cap, etc. You can, similarly, see the details of different coins.

Through the “pair” option, you will see the pair of Baby Shiba Inu, babyshibainu, and a currency associated. So if you want to buy baby Shiba Inu in USD price or currency, go for BABYSHIBAINU/USD pair.

Purchasing Baby Shiba Inu

You can actively trade BabyShibaInu tokens on decentralized exchanges (DEXs). One of the most popular exchanges to purchase and trade Baby Shiba Inu is the PancakeSwap. The most active pair for trading on this exchange is BABYSHIBAINU/WBNB, with the highest trading volume.

Tradable Coins
  • 500+
Fees
  • 0.25% fee
Type
  • AMM

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PancakeSwap is a top-tier crypto DEX on the Binance Smart Chain (BSC), providing secure and efficient token exchanges. It offers many features, including liquidity pools, staking, trading competitions, and an NFT marketplace. With its fast transactions, low costs, and support for over 500 trading pairs, PancakeSwap is a popular choice.


  • High daily transaction volume.

  • Transaction costs are relatively low.

  • Decentralized liquidity.

  • Perpetual trading contracts with leverage.

  • No dedicated customer support available.

  • Fiat deposits are not accepted.

  • Potential pricing delays.

For purchasing baby Shiba inu with another crypto, create a wallet supporting babyshibainu. Buy a digital currency such as USDT by transferring fiat currency through a P2P system and then purchase Baby Shiba Inu on the chosen platform.

BABY SHIBA INU Price Live Data

The real-time baby Shiba Inu price can be seen through sites like CoinGecko. All information is available on this site in real-time such as the

  • BABYSHIBAINU total market cap,
  • BABYSHIBAINU circulating supply,
  • BABYSHIBAINU’s current price,
  • BABYSHIBAINU 24h trading volume
  • BABYSHIBAINU live chart, etc.
Price candles
Price history from Coingecko.

What is the all-time high for Baby Shiba Inu (BABYSHIBAINU)?

The all-time high price (highest price paid) for baby Shiba Inu (BABYSHIBAINU) is $0.000000050520. This baby Shiba Inu price was recorded on 31st October 2021. In comparison, the current price of babyshibainu is around 93.47% lower than the all-time high price recorded.

Graph Showing upscale
Graph Showing upscale

What is the all-time low for Baby Shiba Inu (BABYSHIBAINU)?

Baby Shiba Inu (BABYSHIBAINU) hit its all-time low, recording a price of $0.000000000002051, on 27th November 2021.

Compared to the current market price of babyshibainu, it is 160,763.01% higher than the lowest baby Shiba Inu price recorded.

What is the market sentiment of Baby Shiba Inu today?

According to CoinGecko, there are no votes on baby shiba inu (BABYSHIBAINU).

The Community and the Token Holders

Central to propelling the project, the Baby Shiba Inu team, token holders, and the community form an indispensable trifecta. Baby Shiba Inu boasts a lively community dynamic across various social media platforms, significantly contributing to its expansion and evolution.

Further enriching the project, the community actively engages in multiple community-driven initiatives. Utilizing these platforms as a conduit, community members immerse themselves in key dialogues and exchange enlightening viewpoints. Consequently, this cultivates a thriving environment conducive to mutual growth and knowledge sharing.

Holder and the community
Holder and the community

Easy Accessibility

This is the feature of any cryptocurrencies; similarly, you don’t have to stay on your desktop for trading, etc.

With easy access via mobile phone devices, BabyShibaInu lets users engage and manage transactions on the move. Users can download the necessary exchanges for trading, empowering them to operate whenever they desire.

Binance Smart Chain (BSC)

Baby Shiba Inu is operated on the Ethereum blockchain. However, several other chains talk about this token. The most popular example is the information about baby Shiba Inu given by Binance Smart Chain. It states everything about the token.

This allows users to gain additional information about baby shiba inu.

Binance Smart Chain
Binance Smart Chain

Competitive reward plans

In a strategic move, Baby Shiba Inu proactively introduces competitive reward plans to incentivize holders and foster community engagement. Participants can use features like staking and yield farming within this robust reward system. Furthermore, participants can garner additional tokens or benefits by actively backing and facilitating the expansion of the Baby Shiba Inu community, thereby reinforcing a cycle of mutual support and growth.

Transaction Fees

It is the cost associated with executing transactions on the blockchain. When trading or transferring Baby Shiba Inu tokens, users may need to pay a small fee to miners or validators who process and confirm these transactions. The fees can vary depending on the network and chosen blockchain. The transaction fees for baby Shiba Inu are distributed as follows:

  • 6% held for liquidity
  • 2% distributed among holders.
  • 3% is dedicated to marketing.

Summary

Baby Shiba inu has emerged as a meme, dog-themed token. The project continues to expand its presence but also has to beat the competition in the current market brought by the Doge coins. While the current market cap, trading volume, and price of Baby Shiba Inu may fluctuate, so with any investment, it’s crucial to conduct thorough research (DYOR) and exercise caution when considering participation in the Baby Shiba Inu ecosystem.