The Shiba Inu to USD price can fluctuate significantly depending on market conditions. The price of Shiba Inu can be found on various cryptocurrency exchanges.
One of the most popular exchanges for trading Shiba Inu is Binance, which often lists the latest price. You can check the current price on Binance or other reputable exchanges.
Shiba Inu's market capitalization is relatively small compared to other cryptocurrencies, but it has a dedicated community of investors.
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What Is Shib?
Shiba Inu is a community-driven cryptocurrency that gives its members the power to run their own coin. It's a departure from other projects that were controlled by a small group of people.
The total supply of Shiba Inu coins was initially one quadrillion, but it has reduced over time due to token burns. This means there are fewer coins in circulation.
Shiba Inu is designed to be Ethereum-compatible, making it a more versatile option compared to other coins like Dogecoin.
Where to Buy
You can buy Shiba Inu on various exchanges, including Binance, Huobi, Coinbase, Gate.io, Uniswap (V2), and OKEx, among others.
To check Shiba Inu price live in your preferred fiat currency, use CoinMarketCap's converter feature on the Shiba Inu currency page or the dedicated exchange rate converter page.
You'll need to sign up for an account on the platform and complete the verification process to buy SHIB.
Setting up a wallet for SHIB is also necessary, and most exchanges will provide a wallet for you to store your SHIB.
Here are some popular exchanges where you can buy SHIB:
SHIB is also available on other exchanges, including ShibaSwap, Uniswap, and an ever-growing list of CEXs.
Shib Market Information
The live price of Shiba Inu (SHIB) is updated in real-time on Binance. This allows you to stay up-to-date with the current market value.
The current market cap of Shiba Inu is calculated by multiplying its circulating supply with its current price. This is a crucial metric for investors and traders.
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The circulating supply of SHIB is a massive 589,258,060,000,000 SHIB coins. This is a staggering number that gives you an idea of the total number of coins in circulation.
Shiba Inu has a 24-hour trading volume of $1,118,028,200 USD. This is a significant amount of trading activity that indicates the coin's popularity.
Here are the key statistics for Shiba Inu:
How to Buy and Exchanges
You can buy Shiba Inu on various exchanges, including Binance, Huobi, Coinbase, Gate.io, Uniswap (V2), and OKEx, among others.
To buy Shiba Inu, you'll need to sign up for an account on the platform and complete the verification process. This will typically involve providing some personal and financial information.
Setting up a wallet for SHIB is also a must, and most exchanges will provide a wallet for you to store your SHIB. However, you may also want to consider setting up a separate wallet using a hardware device or software program.
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You can check the Shiba Inu price live in your preferred fiat currency using CoinMarketCap's converter feature directly on the Shiba Inu currency page. Popular Shiba Inu price pairs include SHIB/USD, SHIB/GBP, SHIB/AUD, and SHIB/EUR.
Some popular exchanges for buying and selling Shiba Inu include Binance, Coinbase Pro, Huobi Global, FTX, gate.io, Uniswap(V2), Uniswap(V3), and ShibaSwap.
Token and Ecosystem Information
The Shiba Inu ecosystem is made up of three main coins: SHIB, LEASH, and BONE. SHIB is the native token of the Shiba Inu ecosystem.
SHIB, LEASH, and BONE are the three main coins in the Shiba Inu ecosystem, each with its own unique purpose. LEASH is a deflationary token pegged to the price of SHIB.
BONE is a governance token used to participate in the ecosystem's governance and earn rewards for staking BONE.
Token Unlocks
The Shiba Inu Token has its own unique WoofPaper that outlines the reasons behind its creation. The team behind SHIB created the token for three main reasons, which are outlined in the WoofPaper.
The first reason is to create a community-driven token that rewards holders for participating in the ecosystem. This is a key aspect of the Shiba Inu Token's design.
The second reason is to provide a platform for creators and developers to build and innovate on the Shiba Inu Token. This is reflected in the token's open-source nature.
The third reason is to create a token that is not controlled by a single entity, but rather by the community as a whole. This is in line with the Shiba Inu Token's decentralized ethos.
Token Count
The total supply of Shiba Inu tokens is 1 quadrillion (1,000,000,000,000,000) SHIB. This massive total supply is designed to emphasize the humorous and meme-based nature of the cryptocurrency.
The large total supply of Shiba Inu tokens is intended to highlight the lighthearted and playful side of the cryptocurrency.
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Coins in the Ecosystem
The Shiba Inu ecosystem has three main coins: SHIB, LEASH, and BONE. SHIB is the native token of the Shiba Inu ecosystem.
SHIB is used for various purposes within the ecosystem, but its exact use cases are not specified in the provided information. LEASH is a deflationary token pegged to the price of SHIB, designed for liquidity providers on ShibaSwap.
LEASH is used as a reward for liquidity providers on ShibaSwap. BONE is a governance token used for participating in the ecosystem's governance and earning rewards for staking BONE.
With a total of one quadrillion coins at inception, the number of SHIB available has decreased significantly. Over one billion tokens have already been burned, leaving 549,063,278,876,302 SHIB in circulation as of October 2022.
The burning of coins reduces the number of tokens that can benefit from the ecosystem's value, but it also increases the value of each remaining token. This process is similar to a share buyback, where the remaining tokens become more valuable.
For more insights, see: What Is Shiba Inu Coin Used for
Live Data
The live Shiba Inu price today is $0.000019 USD, with a 24-hour trading volume of $253,183,439 USD. We update our SHIB to USD price in real-time.
Shiba Inu is up 0.30% in the last 24 hours, which is a relatively small increase. The current CoinMarketCap ranking is #13.
The live market cap of Shiba Inu is $11,177,139,983 USD, and it has a circulating supply of 589,267,100,512,443 SHIB coins.
Here's a quick snapshot of the current live data:
- CoinMarketCap
- Tokens
- Shiba Inu
Shiba Inu is +2.53% in the last 24 hours, which is a notable increase. It has a circulating supply of $589,258,060,000,000 SHIB.
Comparison and Summaries
The Shiba Inu's price is currently at US$0.00001905. This is a relatively stable price, as it's only changed by +0.00% in the last 24 hours.
The trading volume is quite high, with $253.27 M in trades happening within that same time frame. This could indicate a lot of interest in the cryptocurrency.
Shiba Inu has a massive circulating supply of 589,267.1 B SHIB.
Shib vs Doge
SHIB is different from DOGE in its underlying technology, with SHIB being Ethereum-compatible and supporting staking through ShibaSwap.
SHIB's proof of stake system uses significantly less energy than DOGE's proof of work algorithm, with estimates suggesting it uses only about 1 percent of the energy required.
One of the key benefits of SHIB's decentralized exchange is that no intermediary is required before a trade can be completed, allowing for a willing buyer and willing seller mode.
SHIB has the largest circulating token numbers in the proof of stake ecosystem, making it a notable player in the cryptocurrency market.
Summaries
The current price of Shiba Inu is US$0.00001905, with a 24-hour trading volume of $253.27 M.
Shiba Inu has seen a slight increase in its price, with a 2.53% rise in the last 24 hours.
Its circulating supply is a staggering 589,267.1 billion SHIB.
The market cap of Shiba Inu is 11.16B USD, showing a significant amount of value in the cryptocurrency market.
In the last 24 hours, Shiba Inu has traded a total of $1,118,028,200 USD.
Frequently Asked Questions
How many shiba is $1 dollar?
As of now, 1 USD is equivalent to approximately 43,668 SHIB. Get the latest exchange rate and start converting USD to SHIB today.
How much is 30 million Shiba Inu worth in dollars?
As of the last update, 30 million Shiba Inu is equivalent to approximately $648.89 USD. Check the live SHIB to USD converter for the most up-to-date exchange rate.
How much is 100000000 Shiba Inu worth?
As of now, 100,000,000 Shiba Inu is equivalent to approximately $2,312.96 USD. Check the 100,000,000 SHIB to USD chart for a detailed historical price analysis.
How much is 10 million Shiba Inu?
As of the last update, 10 million Shiba Inu (SHIB) is equivalent to approximately 252.12 USD. Check the live SHIB to USD converter for the most up-to-date exchange rate.
How many Shiba coins for $1000 dollars?
For $1000, you get approximately 39.50 million Shiba Inu coins. Check our latest converter rate for the most up-to-date exchange.
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