Shiba inu coin

shiba inu coin

What is Shiba Inu coin (Shib)?

Shiba Inu coin is the latest doggy-themed cryptocurrency that everyone is barking about. Here’s what you need to know about the SHIB ecosystem. Newsletters Consensus 2022

Is Shiba Inu going up or down?

SHIBA INU is on the decline this week. The price of SHIBA INU has fallen by 6.88% in the past 7 days. The price increased by 1.62% in the last 24 hours. In just the past hour, the price grew by 0.87%. The current price is $0.000007 per SHIB. The new price represents a new all time high of $0.000007.

What is the Shib token?

SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap, SHIBA INU’s decentralised exchange. The Shiba Token price page is part of Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies.

What is the maximum supply of Shiba Inu (Shib)?

The current CoinMarketCap ranking is #31, with a live market cap of $2,973,338,717 USD. It has a circulating supply of 394,796,000,000,000 SHIB coins and the max. supply is not available.

What is Shiba Inu cryptocurrency?

Shiba Inu (ticker: SHIB), also known informally as Shiba Token, is a decentralized cryptocurrency created in August 2020 by an anonymous person or persons known as Ryoshi. Shiba Inu is an ERC-20 token on the Ethereum blockchain, and is based on Dogecoin ; it brands itself the Dogecoin killer. [3]

What is Shib coin (Shib)?

SHIB coin is an ERC-20 token (meaning it’s built on the Ethereum blockchain), and it powers the Shiba Inu ecosystem. A fixed supply of 1 quadrillion coins were minted at launch (a quadrillion is a number followed by 15 zeros).

Can Shiba Inu surpass Dogecoin?

In this way, Shiba Inu was created. The founder of Shiba Inu is anonymous and goes by the pseudonym of Ryoshi. But unlike other Dogecoin-influenced coins, Shiba Inu actually has a specific goal: surpassing Dogecoin.

What can I do with my Shiba Inu tokens?

“Fetching” allows you to directly swap your SHIB tokens with other tokens. “Treat” is another token that is expected to release very soon. Last but not least, “Bonefolio” is the portfolio where you can access your stash. A Visual representation of how BURY and DIG options work on Shiba Inu. Source: Shiba Inu Woofpaper

So how long would it take to shrink the supply by that much? At the time of this writing, 157 million Shiba Inu tokens have been burned in the last 24 hours. While that number fluctuates, if you assume it remains constant each day for the sake of this thought experiment, roughly 57.4 billion tokens would be burned each year.

Do you know how much Shiba Inu has in its total supply? It’s 1 quadrillion (1,000,000,000,000,000), meaning the market cap of Shiba will reach $10 trillion once its price becomes 1 cent. Such an amount will exceed the GDP of many countries.

What will Shiba Inu (Shib) coin price be in 2021-2025?

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