Where to Buy Shib Inu Coin?

2025-04-29, 08:15

SHIB (Shiba Inu), as one of the representatives in the meme coin field, has attracted a large number of investors with its community popularity, low threshold, and high volatility. For newcomers, choosing a safe and convenient trading platform is crucial. This article will take the global leading cryptocurrency exchange Gate.io as an example to explain in detail how to purchase SHIB tokens and analyze its advantages and considerations.

How is the SHIIB price performing?

According to the market data from Gate.io, SHIB is currently priced at $0.000014, with a 24-hour increase of 2.26% and a 13.72% increase in the past 7 days. The current market capitalization of SHIB is $8.27 billion, ranking 18th in the overall market. The highest historical price of SHIB was set in October 2021 at $0.0000885, with the current price having dropped by over 80% from the historical peak.

As one of the most well-known two dog meme coins, SHIB has surged more than ten thousand times since its launch, creating a legend of blockchain wealth. In April 2025, the U.S. imposing retaliatory tariffs on multiple countries triggered a global risk asset sell-off. Historical data shows that meme coins, due to their high volatility and strong community attributes, are often more sensitive to macroeconomic changes. This trade friction has led to a tightening of market liquidity, with investors turning to safe-haven assets and high-risk assets like SHIB being hit the hardest. However, analysts generally believe that such impacts are mostly short-term, and once policies clarify or geopolitical risks ease, oversold meme coins may rebound first.

Despite the price pressure, the construction of the Shiba Inu eco continues to advance. By 2025, its Layer2 network Shibarium will undergo a major upgrade, increasing transaction processing efficiency by 40% and attracting over 200 DApps; the cross-chain functionality of the decentralized exchange ShibaSwap V3 will further expand, supporting asset swaps with public chains such as Solana and Avalanche. In addition, the team’s proposed ‘SHIB Burn Acceleration Plan’ has been approved through community voting, with an expected annual circulation destruction of 0.5%-1% through ecological profits. These developments lay the foundation for SHIB to move away from being purely a meme token and shift towards a utility token, with long-term holders focusing on actual user growth data of eco applications.

Why choose Gate to buy SHIB?

Gate was established in 2013 and is one of the top three cryptocurrency exchanges globally, known for its extensive coin support, low fees, and high liquidity. Here are its core advantages:

  1. High security: using cold and hot wallet separation, multi-signature, SSL encryption and other technologies, the security is extremely high;
  2. Supports a wide variety of coins: offering trading for over 3800 cryptocurrencies, including popular tokens such as SHIB and DOGE.
  3. Easy operation: user-friendly interface, supports dozens of languages including Chinese and English, suitable for beginners to get started quickly.
  4. Low trading fees: Gate.io’s maker and taker fees are relatively low among exchanges, making it competitive.
  5. Global services: support fiat deposit, multiple payment methods.

The detailed steps to purchase SHIB on Gate

Step 1: Register a Gate account and complete identity verification

Step 2: Deposit funds to the Gate account

Option 1: Direct purchase with fiat currency (recommended for beginners)

  1. Click on the top navigation bar “Buy Coins”-“Credit/Debit Card Purchase”.
  2. Select the fiat currency type (such as USD, EUR), enter the purchase amount.
  3. Choose your payment method (bank card, Apple Pay, etc.) and complete the payment as instructed.
  4. The automatically converts it to USDT (a stablecoin pegged to the US dollar) and deposits it into the account.

Method 2: Cryptocurrency Deposit

  1. Go to ‘Wallet’ - ‘Spot Account’, select the corresponding coin, and click on ‘Deposit’.
  2. Copy the deposit address provided by Gate, and transfer assets from an external wallet or exchange.

Step 3: Purchase SHIB Token

  1. Search for trading pairs: Enter “SHIB” in the top search bar and select SHIB/USDT Trading pair.
  2. Enter the purchase quantity, confirm the order information, and submit. After successfully buying, SHIB will be deposited into the spot account.

SHIB Future Outlook

As a top Meme coin, SHIB has experienced increased short-term volatility due to macroeconomic factors, but its long-term development potential is still worth paying attention to. By 2025, its eco will make substantial progress, and SHIB will transition from a purely community-driven model to a dual-drive model of ‘Meme + Practical’. Despite a drop of over 80% from its historical high, its high volatility may lead to a rapid rebound when the market heats up.

The future value anchor of SHIB will depend on three main factors: the real user growth of the eco application, the contribution efficiency of the destruction mechanism to deflation, and the market’s preference cycle for high-risk assets. If the team can continuously optimize the underlying technology and expand the application scenarios, SHIB may have the potential to break through the inherent ceiling of meme coins. Investors need to closely monitor its ecological data and changes in market liquidity, use secure platforms such as Gate.io to flexibly participate in SHIB trading, and pay attention to position management to deal with high volatility risks.


Author: Icing, Gate.io Researcher
*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
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