Would you like to invest in a meme token built on the base network? Then you should consider investing in Based Shiba Inu (BSHIB).
Based Shiba Inu is a dog-themed meme coin built on the base blockchain network. The primary aim of Based Shiba coin is to create a vibrant community where its members can create and share positive vibes. It is a celebration of the decentralized finance (Defi) movement.
The main features of Based Shiba Inu (BSHIB) are that they are
- Community driven
- Built upon the merits of Base blockchain
The community spirit of the coin is pivotal in creating and sustaining a group of crypto enthusiasts on the mission of taking cryptocurrencies to the next level.
Moreover, the platform has tried to make maximum use of the benefits offered by the base blockchain.
Read this article to learn more about Based Shiba Inu (BSHIB) and its profitability as a crypto investment in the near future.
What is BSHIB Token?
BSHIB is the native coin of the Based Shiba Inu protocol. It gives its holders a say in the activities of the network and allows them to make decisions concerning the network. Given below are the key figures that show the market status of the coin.
Current Market Price: $0.0001841
Market Capitalization: $1,625,282
Fully Diluted Valuation: $1,790,909
24 Hour Trading Volume: $2,178,809
Volume/Market Capitalization: 131.41%
Circulating Supply: 9,041,391,107
Total Supply: 10,000,000,000
Maximum Supply: 10,000,000,000
Based Shiba Inu (BSHIB) Price Prediction 2024–2030
The current market price of Based Shiba Inu (BSHIB) is $0.0001841. The short-term price prediction for the period from May to December 2024, with its yearly low, yearly average, and yearly high prices, is given in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| May 2024 | $0.0001814260 | $0.0001814260 | $0.0001814260 |
| June 2024 | $0.000160 | $0.000307 | $0.000384 |
| July 2024 | $0.000157 | $0.000273 | $0.000388 |
| August 2024 | $0.000150 | $0.000261 | $0.000392 |
| September 2024 | $0.000148 | $0.000154 | $0.000384 |
| October 2024 | $0.000162 | $0.000342 | $0.000398 |
| November 2024 | $0.000160 | $0.000283 | $0.000394 |
| December 2024 | $0.000160 | $0.000165 | $0.000382 |
The expected long-term price range of Based Shiba Inu (BSHIB), with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.003402 | $0.005784 | $0.008165 |
| 2025 | $0.006260 | $0.009935 | $0.01361 |
| 2026 | $0.009526 | $0.01089 | $0.01225 |
| 2027 | $0.004355 | $0.006532 | $0.008710 |
| 2028 | $0.005988 | $0.008438 | $0.01089 |
| 2029 | $0.01034 | $0.01742 | $0.02450 |
| 2030 | $0.02177 | $0.02586 | $0.02994 |
Where and How to Buy Based Shiba Inu Token?
Based Shiba Inu (BSHIB) token is listed on both decentralized exchanges and centralized exchanges.
You can buy BSHIB tokens from exchanges such as Uniswap V3 (Base), BitMart, and Equalizer (Base).
The procedure for buying a BSHIB coin is explained below.
- Decide on a crypto exchange from where you intend to buy BSHIB coins.
- Have a base currency such as Ethereum ready for exchange to buy BSHIB. Bridge your base currency and its network to the Base network.
- Go to the exchange’s purchase page and exchange the currency at hand for a BSHIB token.
- Store the purchased token safely in a cold wallet or hardware wallet, away from online thefts and attacks.
Is BSHIB a Profitable Investment?
Based Shiba Inu is still in its early stages of development and therefore a sure-shot picture of its future market is currently unavailable.
However, the current on-chain development activities of BSHIB show optimistic trends for the future.
The fact that BSHIB is a meme coin built on the Base blockchain network and is named after the profitable altcoin Shiba Inu gives the coin credibility and surety among investors. So, you can surely try your luck by investing in BSHIB.
However, all cryptocurrency transactions are subject to market risks. So you should carefully read the terms and conditions of trade and analyze the market conditions from time to time before investing.
