Shiba Inu Hits Market Capitalization of $10.24 Billion (SHIB)

Shiba Inu (SHIB) traded down 2.2% against the US dollar during the 24 hour period ending at 12:00 PM ET on October 25th. In the last seven days, Shiba Inu has traded 7.9% lower against the US dollar. Shiba Inu has a market cap of $10.24 billion and $213.03 million worth of Shiba Inu was traded on exchanges in the last day. One Shiba Inu token can currently be bought for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in 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 2.2% lower 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 up 8.9% 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 $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 0% against the dollar and now trades at $163.57 or 0.00242160 BTC.

Shiba Inu Profile

Shiba Inu launched on August 2nd, 2020. Shiba Inu’s total supply is 589,518,333,207,953 tokens and its circulating supply is 589,267,068,339,381 tokens. Shiba Inu’s official message board is medium.com/@allhailtheshiba/all-hail-the-shiba-an-experiment-in-decentralization-87e3792e92f2. Shiba Inu’s official Twitter account is @shibtoken and its Facebook page is accessible here. The Reddit community for Shiba Inu is https://reddit.com/r/shibarmy. Shiba Inu’s official website is shibatoken.com.

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 currently possible to purchase alternative cryptocurrencies such as Shiba Inu directly using U.S. dollars. Investors seeking to acquire Shiba Inu should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Shiba Inu using one of the aforementioned exchanges.

SHIB/USD price chart by TradingView