Shiba Inu (SHIB) Market Cap Reaches $18.38 Billion

Shiba Inu (SHIB) traded 2.4% higher against the U.S. dollar during the 24-hour period ending at 0:00 AM ET on March 28th. Shiba Inu has a total market cap of $18.38 billion and $1.74 billion worth of Shiba Inu was traded on exchanges in the last 24 hours. Over the last seven days, Shiba Inu has traded 14.6% higher against the U.S. dollar. One Shiba Inu token can currently be purchased for $0.0000 or 0.00000000 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 2.6% against the dollar and now trades at $0.45 or 0.00000636 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.8% against the dollar and now trades at $0.0093 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 Profile

Shiba Inu’s genesis 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. Shiba Inu’s official message board 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. 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 US dollars. Investors seeking to acquire Shiba Inu should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Shiba Inu using one of the aforementioned exchanges.

SHIB/USD price chart by TradingView