Shiba Inu (SHIB) Market Capitalization Achieves $15.90 Billion

Shiba Inu (SHIB) traded 0.7% higher against the U.S. dollar during the twenty-four hour period ending at 15:00 PM ET on April 23rd. One Shiba Inu token can now be purchased for $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. Shiba Inu has a market cap of $15.90 billion and $699.82 million worth of Shiba Inu was traded on exchanges in the last day. During the last seven days, Shiba Inu has traded up 20.8% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 2.5% against the dollar and now trades at $0.33 or 0.00000496 BTC.
• 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 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 up 1.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% higher against the dollar and now trades at $0.0089 or 0.00000013 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’s launch date was August 2nd, 2020. Shiba Inu’s total supply is 589,534,086,491,242 tokens and its circulating supply is 589,289,410,812,691 tokens. The official website for Shiba Inu is shibatoken.com. The official message board for Shiba Inu 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.

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.”

Buying and Selling Shiba Inu

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

SHIB/USD price chart by TradingView