Shiba Inu (SHIB)
| Market Cap | $5,168,681,520 |
|---|---|
| Trading Volume | $407,449,699 |
| Volume / Market Cap | 0.0788 |
| Total Supply | 589,735,030,408,320 SHIB |
| Max Supply | – |
Shiba Inu is currently trading at $0.00000900, after a price change of 0.00% in the last 24 hours.
Ranked as cryptocurrency #16 by capitalization today, SHIB market cap is valued at $5,168,681,520. SHIB trading volume reached $407,449,699 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on SHIB coin price prediction page.
SHIB Coin Price PredictionWhat is Shiba Inu?
Shiba Inu is a decentralized meme token built on Ethereum blockchain. The principal native token of this blockchain network is known as SHIB. However, the network has two other crypto known as BONE and LEASH. This network has its own decentralized exchange called Shibaswap. It was introduced in August 2020 by an anonymous individual called Ryoshi as a counterweight to the other meme coin – Doge.
Since this crypto coin operates on the Ethereum environment, it can build decentralized financial applications via smart contracts. At this moment, it is based on a proof of work mechanism. Holders can submit their assets to pools and receive SSLP tokens as incentives. The members’ liquidity share is represented by these tokens and members can redeem them for bone tokens.
By staking SHIB coins, holders can receive a higher interest. One-third of the staking rewards are readily provided, while the rest are locked for half a year. What sets this cryptocurrency apart from others is that its network is entirely operated by members of the community. In order to buy this asset, you first need to invest in ETH coins.