How to Buy Shibie Coin – A Simple Guide

Shibie Coin ($SHIBIE) is a new and captivating meme cryptocurrency looking to attract a loyal community of passionate and bold investors. The term ‘Shibie Coin’ originates from a playful combination of two iconic characters, the Shiba Inu dog and Barbie. 

This how to buy Shibie Coin guide will provide a step-by-step breakdown of how to enter the $SHBIE token presale. We also discuss the tokenomics of this project and the future roadmap for Shibie Coin.

What is Shibie Coin?

Shibie Coin is a new meme cryptocurrency that has just launched $SHIBIE, its native token, on presale. The platform describes Shibie as a crossbreed of two cultural icons.

 The first is the Shiba Inu, named after the popular meme cryptocurrency. The second icon is Barbie, the pop-culture character that has recently been the talk of the town. 

By targeting the doge market, Shibie Coin wants to create some excitement and buzz in the crypto markets. Furthermore, with the recent success of the Barbie movie, token holders may wish to invest in this trending project. 

While meme tokens do not offer much utility, they offer huge returns by generating a thriving community of loyal followers. For instance, Dogecoin started as a joke cryptocurrency, but became one of the biggest crypto tokens in terms of market cap due to its huge following. 

Shibie Coin clarifies that while $SHIBIE does not provide any utility, the token is for bold investors looking to challenge the status quo of the financial markets. This investment may not offer stability, instead it looks to provide explosive price momentum, which can potentially lead to a return on investment. 

Despite being a meme token, Shibie Coin does offer some balance. On the one hand, it is for the thrill-seekers looking to capitalize on the exciting new cryptocurrency tokens that enter the market. However, the one-stage presale allows you to secure the token for the lowest price possible. 

This community-driven token also allocates 95% of its token supply to the public. Thus, showcasing their ability to generate an inclusive and diversified investor base. 

Shibie Coin: Tokenomics and Presale

$SHIBIE has a total token supply of only 10 billion. This number is far lesser than popular meme coins such as Shiba Inu, which has a circulating supply of more than 500 trillion coins. When a cryptocurrency has a low supply, the higher the value of the cryptocurrency, if the demand rises. 

Thus, Shibie Coin’s low token supply can help it become one of the top cryptos to watch in the future. From the 10 billion token supply. Shibie Coin has allocated 60% for the ongoing presale. Shibie Coin is hosting a single-round presale, allowing interested investors to buy the cryptocurrency for $0.000167 per token.

The low cost reduces entry barriers for investors with a tight budget. Since the minimum investment amount for the presale is set at 100 $SHIBIE ($0.0167), one can easily add small amounts of the token to diversify their portfolio. Shibie Coin looks to raise $999,999 by the end of the presale. Since the start of the presale, Shibie Coin has raised nearly $50K. 

The next step will be to list the cryptocurrency on Uniswap, one of the largest decentralized exchanges (DEXs) in the world. The cryptocurrency will be listed on various centralized exchanges (CEXs) after the DEX launch. 10% of the total token supply has been set aside for any upcoming CEX listings. 

2 billion tokens will be used to maintain the platform’s liquidity, supporting an ease in the flow of transactions. Another 5% of $SHIBIE is being used to market the project. The platform has decided to give the last 5% of the token supply to the core team responsible for developing the project. 

Shibie Coin Roadmap 

Currently, the main focus of Shibie Coin is the ongoing token presale. After the conclusion of the presale, the team will focus on upcoming crypto exchange listings. 

According to the Shibie Coin whitepaper, Q3 2023 will be focused on listing $SHIBIE on as many centralized exchanges as possible. The goal is to help increase the trading volume, which is only possible if the token becomes available globally. 

Therefore, the project may see a rising interest in the token by adding $SHIBIE on exchanges such as Uniswap and further platforms. The platform will also start extensively marketing $SHIBIE, since meme tokens run on a large following. 

For example, Pepe Coin ($PEPE) is an example of a recently successful meme project. The creators of Pepe struck gold by basing their project on the popular ‘Pepe the Frog’ meme. 

Similarly, Shibie Coin has based its platform on the iconic Barbie character and the infamous Shiba Inu doge token. The goal is to spread the word across social media platforms to create the next viral meme token. 

To stay updated with this cryptocurrency’s recent developments, join the Shibie Coin Telegram channel. To better maintain the community interaction, the Telegram channel will be powered using artificial intelligence. 

Some analysts and crypto enthusiasts have even started speculating on the future potential of this new meme coin. We’ve covered price predictions for Shibie Coin for the next seven years. 

How to Buy Shibie Coin – Detailed Guide

After having looked at the key features of this token, it is now time to look at our how to buy Shibie Coin guide. Keep reading to learn how to invest in the $SHIBIE presale. 

Step 1: Download a Crypto Wallet 

To access the presale website, one must set up a compatible cryptocurrency wallet. For instance, Shibie Coin’s presale can be accessed with Trust Wallet or MetaMask. Since $SHIBIE is an ERC-20 token, users must choose a wallet accessible with the Ethereum network.

Since MetaMask only allows transactions on the Ethereum network, users can download this wallet’s extension on their browser when using a desktop or laptop. MetaMask’s app can also be downloaded, if setting up a wallet through a mobile device. 

Step 2: Set up Your Wallet

After the wallet has been installed, click the ‘Create a Wallet’ sign. One needs to create a unique password for the wallet, consisting of numbers and alphanumeric signs. MetaMask will provide each user with a 12-word recovery phase password. 

In case you do not remember the password, this is the only way your wallet can be recovered. Therefore, one should safely write down the recovery phase and keep it to themselves. 

Step 3: Add $SHIBIE Tokens 

To import $SHIBIE, one needs to click on ‘Import Tokens’ on their MetaMask wallets and add the Shibie Coin contract address, once it releases. Add the amount of tokens, to complete the token import process. 

Once the presale is concluded, you can view your holdings on your cryptocurrency wallet. 

Conclusion 

To summarize, Shibie Coin is a new meme token that is looking to capitalize on the meme coin space. By naming the project after viral pop-culture icons such as Shiba Inu and Barbie, Shibie Coin aims to attract a loyal following of bold and risk-taking investors. 

For the cryptocurrency presale, 6 billion of the 10 billion token supply has been allocated, at $0.000167 per token. Another 10% of the token supply will be set aside for upcoming CEX listings. 

Set up a cryptocurrency wallet such as MetaMask, create a password, and import $SHIBIE tokens to join the presale. 

References

https://www.coindesk.com/markets/2021/02/16/how-dogecoin-became-so-popular/

https://www.statista.com/statistics/802775/worldwide-cryptocurrency-maximum-supply/#:~:text=As%20a%20rule%20of%20thumb,price%20reflects%20supply%20and%20demand. 

https://blockchainmagazine.net/pepe-token-riding-the-meme-coin-wave-with-viral-marketing-and-community-power/ 

FAQs

What is Shibie Coin? 

Shibie Coin is a new meme cryptocurrency, named after two popular icons, Barbie and Shiba Inu. The platform caters to the crypto investors through its doge-themed token, and at the same time is taking advantage of the popular Barbie character, which has also been turned into one of the biggest blockbusters of 2023.

How Do I Join the $SHIBIE Presale? 

Users can join the $SHIBIE presale by downloading a wallet such as MetaMask. One must create a unique password and safely store their recovery phase to access the wallet. Import $SHIBIE tokens, and receive your holdings after the presale ends. 

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com