Shiba Inu (SHIB) price has increased today.
The price of Shiba Inu (SHIB) is $0.000010763853 today with a 24-hour trading volume of $222,179,885. This represents a 0.60% price increase in the last 24 hours and a -2.20% price decline in the past 7 days. With a circulating supply of 590 Trillion SHIB, Shiba Inu is valued at a market cap of $6,367,349,825.
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months.
As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.
What has the Shiba Inu community worked on?
The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.
Shiba Inu coin in 2022
Right now in 2022, Shiba Inu coin has captured mainstream attention as a meme coin. On Oct 28th, 2021, the cryptocurrency reached an all-time-high price of $0.000084. That was a +150,000,000% increase from when it was launched in August 2020.
Looking at the overall chart, Shiba Inu grew at a faster rate and have overtaken Dogecoin in terms of market cap. Both are running the narrative as the dominant global meme coin and a very volatile as there are no utility other than speculation and for transaction purposes.
The rapid rise of Shiba Inu coin price have gotten a lot of crypto analysts and experts concern about an incoming massive correction.
Where can you buy Shiba Inu?
SHIB tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Shiba Inu is Gate.io, where the most active trading pair SHIB/USDT has a trading volume of $4,200,008.06 in the last 24 hours. Other popular options include BKEX and MEXC Global.
What is the daily trading volume of Shiba Inu (SHIB)?
The trading volume of Shiba Inu (SHIB) is $222,399,686.29 in the last 24 hours, representing a 33.40% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Shiba Inu (SHIB)?
The highest price paid for Shiba Inu (SHIB) is $0.000086158837, which was recorded on Oct 28, 2021 (over 1 year). Comparatively, the current price is -87.50% lower than the all-time high price.
What is the all-time low for Shiba Inu (SHIB)?
The lowest price paid for Shiba Inu (SHIB) is $0.000000000056, which was recorded on Nov 28, 2020 (over 2 years). Comparatively, the current price is 19,176,930.30% higher than the all-time low price.
What is the market cap of Shiba Inu (SHIB)?
Market capitalization of Shiba Inu (SHIB) is $6,367,349,825 and is ranked #15 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SHIB tokens (590 Trillion tokens are tradable on the market today).
How does the price performance of Shiba Inu compare against its peers?
With a price decline of -1.80% in the last 7 days, Shiba Inu (SHIB) is underperforming the global cryptocurrency market which is down -0.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Shiba Inu today?
The community is bullish as more than 76% of users are feeling good about Shiba Inu (SHIB) today.
How to add Shiba Inu (SHIB) to MetaMask?
Adding Shiba Inu (SHIB) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SHIB as a token. You can copy SHIB’s contract address (0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce) and import it manually, or if you've installed MetaMask's chrome extension, add SHIB to MetaMask with one click on CoinGecko.
Add SHIB to MetaMask.