Shiba inu coin price today

Shiba Inu SHIB is a decentralized meme token created in August by an anonymous person or group of people under the pseudonym Ryoshi.

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market. The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market. It includes coins that have been already created, minus any coins that have been burned.

Shiba inu coin price today

It was launched as a potential "Dogecoin Killer" in August by an anonymous developer known as Ryoshi. According to its whitepaper, Shiba Inu was released as an experiment to build a completely decentralized and spontaneous community. Although Shiba Inu was meant to be a standalone memecoin, it has evolved into a broader ecosystem. It was built on top of the Ethereum blockchain due to its secure and well-established network, which allows the project to remain decentralized. Additionally, Shiba Inu can utilize Ethereum's smart contracts , which other memecoins, like Dogecoin , cannot. SHIB is the project's foundational currency, which can be traded and used as a medium of exchange. SHIB gained rapid popularity post-launch, earning regular mentions from famous personalities like Elon Musk and Vitalik Buterin, which in turn caused a notable positive impact on the Shiba Inu price. Today, Shiba Inu and Dogecoin remain two of the most well-known memecoins in the market. Although many dog-themed coins have sprung up since Shiba Inu's launch, they have yet to match the popularity of Dogecoin and Shiba Inu. Its success can be gauged from the fact that over Shiba Inu copies have come up. Shiba Inu inherits all of Ethereum's security features and can be stored in any crypto wallet compatible with Ethereum-based tokens, including the OKX Web3 Wallet. While most meme tokens have little utility, SHIB can be used in multiple ways within and outside the Shiba Inu ecosystem. Additionally, Shiba Inu runs a community-driven rescue initiative for Shiba Inu dogs.

Total supply. Alternatively, use the dedicated exchange rate converter page. Shiba Inu is

Shiba Inu Price. Buy SHIB. Binance has the lowest transaction fee rate amongst all major trading platforms. No records. How do you feel about Shiba Inu today? Note: This information is for reference only. Shiba Inu is

So far this year, Shiba Inu has a change of Shiba inu is generally perceived as a meme currency similar to other dog-themed cryptocurrencies such as dogecoin and has a similarly viral following of more than 1. SHIB had an initial total supply of 1 quadrillion, or 1,,,,, tokens. SHIB has been one of the most volatile crypto assets in Musk even got a Shiba Inu puppy , named Floki Frunkpuppy, triggering another market surge. Most meme currencies offer no utility whatsoever. Shiba inu, however, has a community-driven rescue campaign for Shiba Inu dogs and an ecosystem of products and services, including a decentralized exchange named ShibaSwap.

Shiba inu coin price today

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure. SHIB is the main token of the Shiba Inu ecosystem, bringing the power of a decentralized, community-led currency to millions across the globe. Since its inception in late , the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries. Shiba Inu coin was created anonymously in August under the pseudonym "Ryoshi.

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Binance is not responsible for any losses you may incur. Trade now. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Volume 24h. You should only invest in products that you are familiar with and where you understand the associated risks. ETH Ethereum. More information. Top Indices including Shiba Inu. Circulating supply. Cryptocurrencies Tokens Shiba Inu. The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.

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Some have taken steps to ban or heavily regulate them. SHIB It can be used with any Ethereum wallet, and has the potential to be incorporated into Eth-based applications, such as NFT marketplaces, or DeFi applications. Bitcoin soars to record high, then tumbles. However, there are also other ways to invest in cryptocurrencies. Volume 24h. What is the current price of Shiba Inu? However, the limit may vary from one crypto exchange to another. For more information, please refer to our Terms of Use and Risk Warning. According to its whitepaper, Shiba Inu was released as an experiment to build a completely decentralized and spontaneous community. Get Crypto. The contract has been renounced and liquidity tokens have been burnt with no access to either in order to ensure investors safety and build confidence with the community. A week after this donation was made, the Ethereum co-founder burnt a record-breaking number of SHIB tokens: