Shiba Inu

Written by Mike Druttman

Reviewed by Nadav Zelver

Shiba Inu might have started out as a joke like Dogecoin, but it’s managed to grab a serious amount of attention in the crypto space. And now it’s available to trade directly on eToro.

If you're curious about how to get started (or wondering whether this quirky token deserves a spot in your portfolio), I'll walk you through how it works on eToro, what makes it unique, and why I keep going back to it.

Let’s get into it.

What You’re Buying: Shiba (In Millions)

On eToro, Shiba Inu is listed as "Shiba (in millions)". That means each unit equals one million SHIB tokens. Why? Because one SHIB coin is worth a tiny fraction of a cent. Grouping them this way makes the price easier to read and the trade sizes more manageable.

And the good news: no whale wallet needed. You can invest any amount (well, at least $10) that fits your budget.

Why I Like Trading SHIBA on eToro

I’ve made multiple trades with SHIBA on eToro and here’s what keeps me coming back:

Simple Interface: No clutter. No crypto chaos. Just a clean, easy-to-use platform or app.

Low Minimum Investment: You can open a trade with as little as $10.

Wallet Transfers: Want to move your SHIBA off-platform? The eToro Money crypto wallet makes it possible.

Copy Trading: Not sure what to do? Copy top traders who are already working SHIBA into their portfolios.

Leverage Access: If you're looking to amplify gains, leverage is available in certain regions through eToro’s crypto CFDs. Just know: this isn’t spot trading. You're using a derivative product, and leverage rules depend on your country.

Accessing the Shiba Inu Asset Page on the Platform

Once you search for "shiba inu" or "shibxm" on eToro, you’ll land on the Overview tab. It’s designed to give you a quick but useful look at what’s happening with the coin.

Here’s what you’ll find:

• Graph: A snapshot of recent price action, including data points like market cap, daily range, and 52-week range. You can toggle to a more advanced chart in the ProCharts tab if needed.
• About: A quick summary of what Shiba Inu is and why it matters.
• Latest News: Auto-fed updates from CityFALCON, covering market stories that mention SHIBA.
• People Also Bought: Useful if you're exploring similar assets. See what other tokens are trending alongside SHIBA.
• Copy Shiba Inu Investors: Spot successful SHIBA traders on the platform and follow their strategies directly with the “Copy” feature.
• Discussions: Join the conversation. The SHIBA page includes a community-driven feed where traders post updates, charts, or opinions. You can filter for top posts, comment, or even start your own thread. Think Facebook, Threads or X (Twitter), but for crypto trading.

Tools That Actually Help When Trading SHIBxM 

When I first started trading this meme coin on eToro, I wasn’t expecting much from the built-in tools. But once I got going, it became clear: everything I needed was already baked into the platform. No switching tabs or juggling third-party tools. All you need is to open the chart, run your analysis, and execute.

Here’s what’s worth checking out:

Live Charting with Full Control

Want to zoom in minute-by-minute or step back and see weekly movement?

The chart widget lets you toggle between timeframes, from 1-minute scalps to full weekly patterns. Add indicators, switch layouts, or just keep it clean and simple. It’s fast, responsive, and tailored for tracking volatile assets like SHIBxM.

Technical Analysis Dashboard

Click on the “Analysis” tab and this is what you’ll find:

• Aggregated Signals: A visual snapshot of buy, sell, and hold signals pulled from leading technical indicators. Good for a pulse check when you're on the fence.
• Indicator Breakdown: Real-time readings based on price and volume action. Think RSI, MACD, and moving averages, all automatically calculated.
• Research Access: If your account is verified and funded, you unlock additional research insights. These are written by analysts and provide broader context around momentum, trend strength, and macro signals.

The Process of Buying Shiba Inu on eToro

No rocket science here. Buying SHIBxM on eToro takes less than a minute. Just follow these steps:

1. Search for Shiba Inu: Type “shiba,” “shiba inu,” or even “shibxm” into the search bar. You’ll see it in the results list.
2. Click ‘Trade’: Hit the blue “Trade” button next to the asset.
3. Set Your Investment Amount: Minimum is $10. Type in what you’re comfortable with.
4. Execute the Order: Review the details and click to confirm.

That’s it, you now own actual crypto. Not CFDs (I'll talk about this on the next part). Not tokens wrapped in five layers of abstraction. Real SHIB, added directly to your portfolio.

Trading Shiba Inu Using CFDs on eToro

Looking to trade Shiba Inu without actually owning it?

CFDs (Contracts for Difference) are your way in.

These let you speculate on price moves (up or down) without needing to buy the crypto outright. You’re trading on the difference between the entry and exit price. That means you can profit whether the market rises or falls, assuming you call it right.

Quick heads-up: CFD trading isn’t available everywhere, so double-check your region or country before you start.

Here’s how to open a Shiba Inu CFD position on eToro:

1. Search for Shiba Inu: Type “Shiba Inu” into the search bar on eToro.
2. Click ‘Trade’: Select the crypto asset and hit the “Trade” button.
3. Set your trade details: Input how much you want to invest. Choose your leverage, set your stop loss and take profit levels.
4. Execute your trade: Click “Open Trade” and you’re in.

That’s it. Remember, trading CFDs is not the same as buying crypto. Understand the risks before jumping in.

Use CopyTrader to Follow or Copy Top Shiba Inu Traders

Not ready to go solo?

Let someone more experienced lead the way with CopyTrader.

This feature lets you mirror the moves of seasoned crypto traders or even Popular Investors on eToro. No need to manually place trades. Once copied, their positions open in your account automatically.

Here’s how to get started:

1. Filter for the right trader: Use the filters to narrow by performance, asset class (crypto), and risk score.
2. Set your budget: Choose how much you want to allocate for copying that trader.
3. Click ‘Copy’: That’s it. The system handles the rest; your account replicates their trades in real time.

🐕 Your Shiba Inu Strategy, Sorted

If you made it this far, you’ve got two paths to explore on eToro: trade Shiba Inu (real crypto or *CFDs), or follow & copy expert traders with CopyTrader.

Both are available on desktop and mobile. Just pick the route that fits your experience and risk appetite.

So what now? If you’re trading directly, manage your risk. If you’re copying, choose wisely. Either way, the tools are here; you just need to decide how you want to use them.

Keep it simple. Stay informed.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.