Shiba Inu (SHIB) Hits Market Capitalization of $14.34 Billion

Shiba Inu (SHIB) traded 2.2% higher against the U.S. dollar during the twenty-four hour period ending at 15:00 PM E.T. on May 20th. Over the last week, Shiba Inu has traded 3.8% higher against the U.S. dollar. One Shiba Inu token can currently be purchased for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. Shiba Inu has a total market capitalization of $14.34 billion and approximately $393.15 million worth of Shiba Inu was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded down 0.6% against the dollar and now trades at $0.29 or 0.00000424 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0106 or 0.00000015 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Shiba Inu Token Profile

Shiba Inu launched on August 2nd, 2020. Shiba Inu’s total supply is 589,520,014,259,876 tokens and its circulating supply is 589,271,893,231,227 tokens. Shiba Inu’s official Twitter account is @shibtoken and its Facebook page is accessible here. Shiba Inu’s official message board is medium.com/@allhailtheshiba/all-hail-the-shiba-an-experiment-in-decentralization-87e3792e92f2. 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 possible to buy alternative cryptocurrencies such as Shiba Inu directly using U.S. dollars. Investors seeking to trade Shiba Inu should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Shiba Inu using one of the exchanges listed above.

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