Shiba Inu Hits Market Cap of $8.25 Billion (SHIB)

Shiba Inu (SHIB) traded 2.4% higher against the dollar during the 24 hour period ending at 9:00 AM Eastern on August 14th. One Shiba Inu token can currently be purchased for approximately $0.0000 or 0.00000000 BTC on exchanges. In the last week, Shiba Inu has traded up 2% against the dollar. Shiba Inu has a total market capitalization of $8.25 billion and $165.30 million worth of Shiba Inu was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• 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 2.2% lower 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 1.9% higher 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.
• 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 3.5% higher against the dollar and now trades at $0.0131 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% higher against the dollar and now trades at $0.0586 or 0.00000096 BTC.

About Shiba Inu

Shiba Inu launched on August 2nd, 2020. Shiba Inu’s total supply is 589,519,075,248,302 tokens and its circulating supply is 589,270,359,974,173 tokens. The Reddit community for Shiba Inu is https://reddit.com/r/shibarmy. 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. 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 presently possible to buy alternative cryptocurrencies such as Shiba Inu directly using U.S. dollars. Investors seeking to acquire Shiba Inu should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Shiba Inu using one of the exchanges listed above.

SHIB/USD price chart by TradingView