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Shiba Inu

SHIB

Shiba Inu Market Stats

Shiba Inu Price

$22,014.48

Shiba Inu Price Change (24H)

$22,014.48

Shiba Inu Price (24H Low)

$22,014.48

Shiba Inu Price (24 High)

$22,014.48

Shiba Inu Price (All Time High)

$22,014.48

Shiba Inu Market Cap

$22,014.48

Shiba Inu Volume (24H)

$22,014.48

Shiba Inu Circulating Supply

$22,014.48

Shiba Inu Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a cryptocurrency based on Ethereum with the Shiba Inu as its mascot, which belongs to the breed of Japanese hunting dog. The Doge meme is the inspiration behind Shiba Inu, sometimes called the “Dogecoin killer.”

Shiba Inu is a cryptocurrency project based on community collaboration. As a result, the Shiba Inu community, referred to as “ShibArmy,” controls the currency and its implementation.

However, there is nothing particularly unique about it when it comes to crypto. It’s no different than any other cryptocurrency managed by a decentralized community, so despite Shiba Inu’s claim to be a ground-breaking idea, it’s not anything new.

Other projects have already done what Shiba Inu wants to do. Dogecoin and Shiba Inu are somewhat similar, but some key differences exist. The Ethereum blockchain powers Shiba Inu, which can run smart contracts.

With the help of smart contracts, Shiba Inu can work with non-centralized applications. This capability isn’t available for Dogecoin, which makes its capabilities much less flexible.

Shiba Inu (Shib) Coin - Comparewise

Who Created Shiba Inu (SHIB)?

A mysterious figure named Ryoshi is said to be the creator of Shiba Inu. In 2020, Ryoshi developed the Shiba. Despite this, Ryoshi acknowledged that he was not a significant person.

According to Ryoshi’s Medium post, he does not care about himself. He also claimed that it would only be disappointing if anyone attempted to find out who he was.

Furthermore, despite their increasing value, Ryoshi admitted to not owning any Shiba Inu tokens. According to him, many believed he was a billionaire when he had no SHIB.

He believed that he might not have been able to become what he is today if he had many SHIB tokens. In the same way that Bitcoin’s creator is mysterious, so is the creator of Shiba Inu.

Further, the token’s price dropped in response to Elon Musk’s statement that he does not own any SHIB tokens. SHIB’s price dropped by 20 percent after Musk’s answer, but that was temporary, and it skyrocketed again.

How Does Shiba Inu (SHIB) Work?

Shiba Inu uses the Ethereum network to work. By leveraging smart contracts, it facilitates the creation of non-centralized financial products.

Shortly, the coin intends to enter the DeFi market, which is experiencing rapid growth in value and adoption, with the help of its independent exchange and creative incubator.

The Ethereum network provides an NFT market without third parties by allowing artists to auction off non-fungible tokens.

 Unlike other currencies, Shiba Inu (SHIB) is a project managed by the Shiba Inu community, dedicated to a decentralized system free of central authority.

The Woofpaper supports this, stating that by implementing “collective decentralization,” they can achieve much better outcomes than they could with a centralized team.

Developing a community decentralized from the bottom was an experiment by Shiba Inu. Without funding, a central organization, and a central leader, Shiba is searching for ways to make the decentralization process successful when controlled by the community.

Is Shiba Inu (SHIB) a Good Investment?

While Shiba Inu’s value has increased considerably since its inception, it does not mean it is an ideal investment. Instead of focusing on price gains and worrying about missing out, ensure you know where you’re investing and why it may or may not increase in value.

Shiba Inu does not have any assets or income backing it. The only way you can earn money from your coins is from people who are ready to pay you more.

The growth of Shiba Inu is, therefore, the result of anticipation and speculation. In cryptocurrency trading, traders make money by convincing others to pay more for their coins.

FAQs about Shiba Inu (SHIB)

How Many Shiba Inu (SHIB) Are There?

There are one quadrillion Shiba Inu tokens in existence.

How is Shiba Inu (SHIB) Secured?

Smart contract technology makes SHIB tokens more secure, utilizing Ethereum’s ERC-20 protocol.

What Can You Use Shiba Inu (SHIB) For?

With Shiba Inu (SHIB), you cannot buy anything. You can only sell the coin for a higher price if its value increases.

Shiba Inu News

Loan Amount

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Loan Amount

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Shiba Inu Community

Best Shiba Inu Apps

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Trade crypto, stock, and metals in one place
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Best Shiba Inu Wallets

Earn up to 8% yield on your crypto with Secure Wallet
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Limitless wallet addresses on one device
Storage Type
Cold
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Easy-to-use, ready within 10 minutes
Storage Type
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Connect through Bluetooth + use Ledger Live app
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Manage multiple wallets in one platform
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IOTA
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Shiba Inu Analysis

Shiba Inu (SHIB) Analysis Summary

CoinMarketCap data shows that Shiba Inu was at its highest point on October 28, 2021, at $0.00008, while its lowest value was $0.00000000005.

Following SHIB’s listing on multiple exchanges, its value increased. Shiba Inu will likely cost around $0.00001959 in 2023, estimating previous years’ prices.

The SHIB coin may reach a maximum price of $0.00002271. Traders may expect a trading price of $0.00002014 in 2023.

The technical analysis predicts that by 2025, the minimum price of SHIB may reach $0.00004183, with a maximum price of $0.00005048. Trading may cost approximately $0.00004335 on average in 2025.

Remember that there is no guarantee that Shiba Inu will provide a good return, especially in a fearful market. A Shiba investment can be pretty risky. However, with the right combination of luck and liquidity, you may be able to see it skyrocket once again.

Analysis Q&As

What is Shiba Inu price today?

Shiba Inu price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for Shiba Inu?

Shiba Inu hit an all time high of [All High].

What was the lowest price for Shiba Inu?

Shiba Inu had an all time low of [All Low].

What was the 24 hours trading volume of Shiba Inu?

The 24 hour trading volume of Shiba Inu is [Volume].

Where can Shiba Inu be traded?

You can trade Shiba Inu on Crypto.com, Kraken, Binance, and FTX. The popular trading pairs for Shiba Inu in the market includes SHIB/USD, Shiba Inu/CAD, Shiba Inu/EUR, Shiba Inu/GBP, and Shiba Inu/AUD. Shiba Inu is a token that is related to the ... categories.

What exchange is Shiba Inu on?

Online traders can buy or sell Shiba Inu (SHIB) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

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Shiba Inu Technicals

See Comparewise coin rating definitions for more information.

Shiba Inu Price Statistics
Shiba Inu Price Today

08/16/2022

Shiba Inu Price

$22,014.48

Shiba Inu Price Change (24H)

$22,014.48

Shiba Inu Price (24H Low)

$22,014.48

Shiba Inu Price (24H High)

$22,014.48

Shiba Inu Price (All Time High)

$22,014.48

Shiba Inu Market Cap

$22,014.48

Shiba Inu Volume (24H)

$22,014.48

Shiba Inu Circulating Supply

$121.3M

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