Shiba Inu (SHIB) Tops One Day Trading Volume of $344.11 Million

Shiba Inu (SHIB) traded 3.4% lower against the U.S. dollar during the 1-day period ending at 13:00 PM E.T. on October 17th. Shiba Inu has a total market cap of $10.56 billion and $344.11 million worth of Shiba Inu was traded on exchanges in the last day. During the last seven days, Shiba Inu has traded 8.7% higher against the U.S. dollar. One Shiba Inu token can now be purchased for $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 0.4% higher against the dollar and now trades at $169.51 or 0.00251394 BTC.

Shiba Inu Token Profile

Shiba Inu’s launch date was August 2nd, 2020. Shiba Inu’s total supply is 589,518,341,145,736 tokens and its circulating supply is 589,267,119,810,732 tokens. Shiba Inu’s official Twitter account is @shibtoken and its Facebook page is accessible here. The official message board for Shiba Inu is medium.com/@allhailtheshiba/all-hail-the-shiba-an-experiment-in-decentralization-87e3792e92f2. The official website for Shiba Inu is shibatoken.com. The Reddit community for Shiba Inu is https://reddit.com/r/shibarmy.

According to CryptoCompare, “Shiba Inu (SHIB) is a memecoin and Ethereum-based cryptocurrency that was launched as a community project in 2020 by an anonymous individual or group called Ryoshi. It features a Shiba Inu dog as its mascot and has a circulating supply of one quadrillion tokens. The Shiba Inu ecosystem includes SHIB, the native token; Leash (LEASH), the native currency of the Shiba Inu decentralized exchange (ShibaSwap); and Bone (BONE), the governance token. The ecosystem also includes ShibaSwap, non-fungible tokens (NFTs), an upcoming Metaverse, play-to-earn games, and a decentralized autonomous organization (DAO) called the DoggyDAO. SHIB was created as an experiment in decentralized spontaneous community building and has over one million holders on the Ethereum network. It differs from Dogecoin in that it is built on top of the Ethereum blockchain and has a number of tokens and applications surrounding it that do not support DOGE.”

Shiba Inu Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Shiba Inu directly using US dollars. Investors seeking to acquire Shiba Inu should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Shiba Inu using one of the exchanges listed above.

SHIB/USD price chart by TradingView