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October 14, 2024
Market Analysis

Shiba Inu Price: SHIB Live Price Chart, Market Cap & News Today

What’s Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a meme token which started as a enjoyable foreign money and has now captured mainstream consideration as a meme coin. What began of as a meme coin has attracted a good following of builders who’ve constructed a decentralized ecosytem across the token, together with a devoted L2 chain Shibarium. In the course of the preliminary launch, 50% of the provision was allotted into Vitalik Buterin’s ethereum pockets. The worth of SHIB has soared from as little as $0.000000000056 to an all time excessive of $0.000084, that could be a 150,000 occasions improve inside 8 months.

Because of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 reduction effort in India and the remaining 40% is burnt without end. That donation was price about $1 billion at the moment, which makes it one of many largest donation ever on the earth.

What has the Shiba Inu group labored on?

The Shiba Inu workforce launched a decentralized trade referred to as Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce provide token that’s used to supply incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO. Extra just lately, the workforce has additionally launched Shibarium, a devoted L2 chain surrounding the Shiba Inu (SHIB) token.

The place can you purchase Shiba Inu?

SHIB tokens might be traded on centralized crypto exchanges. The preferred trade to purchase and commerce Shiba Inu is Gate.io, the place essentially the most lively buying and selling pair SHIB/USDT has a buying and selling quantity of $29,431,593.63 within the final 24 hours. Different fashionable choices embody DigiFinex and MEXC.

What’s the each day buying and selling quantity of Shiba Inu (SHIB)?

The buying and selling quantity of Shiba Inu (SHIB) is $794,634,282.18 within the final 24 hours, representing a 12.10% improve from in the future in the past and signalling a current rise in market exercise.

What’s the all-time excessive for Shiba Inu (SHIB)?

The very best value paid for Shiba Inu (SHIB) is BTC0.081464, which was recorded on Oct 28, 2021 (over 2 years). Comparatively, the present value is -71.10% decrease than the all-time excessive value.

What’s the all-time low for Shiba Inu (SHIB)?

The bottom value paid for Shiba Inu (SHIB) is BTC0.0142426, which was recorded on Nov 28, 2020 (over 3 years). Comparatively, the present value is 44,202,587.10% larger than the all-time low value.

What’s the market cap of Shiba Inu (SHIB)?

Market capitalization of Shiba Inu (SHIB) is BTC229,733.2974 and is ranked #12 on CoinGecko at present. Market cap is measured by multiplying token value with the circulating provide of SHIB tokens (590 Trillion tokens are tradable available on the market at present).

What’s the totally diluted valuation of Shiba Inu (SHIB)?

The totally diluted valuation (FDV) of Shiba Inu (SHIB) is BTC389,858.3363. This can be a statistical illustration of the utmost market cap, assuming the utmost variety of 1 Quadrillion SHIB tokens are in circulation at present. Relying on how the emission schedule of SHIB tokens are designed, it’d take a number of years earlier than FDV is realized.

How does the value efficiency of Shiba Inu examine in opposition to its friends?

With a value improve of 12.20% within the final 7 days, Shiba Inu (SHIB) is outperforming the worldwide cryptocurrency market which is up 2.30%, whereas underperforming when in comparison with comparable Ethereum Ecosystem cryptocurrencies that are up 12.70%.

The best way to add Shiba Inu (SHIB) to MetaMask?

Including Shiba Inu (SHIB) to MetaMask means that you can view your token holdings, commerce on decentralized exchanges, and extra. So as to add them, you’ll must import SHIB as a token. You may copy SHIB’s contract tackle (0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce) and import it manually, or should you’ve put in MetaMask’s chrome extension, add SHIB to MetaMask with one click on on CoinGecko.

Add SHIB to MetaMask.

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