Shiba Inu (SHIB) One Day Trading Volume Tops $756.23 Million

Shiba Inu (SHIB) traded down 3.8% against the US dollar during the 24 hour period ending at 10:00 AM ET on May 23rd. Shiba Inu has a market cap of $14.34 billion and approximately $756.23 million worth of Shiba Inu was traded on exchanges in the last 24 hours. In the last week, Shiba Inu has traded down 1% against the US dollar. One Shiba Inu token can now be bought for approximately $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 11.4% against the dollar and now trades at $0.27 or 0.00000399 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 down 2.2% 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 1.2% higher 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 4% against the dollar and now trades at $0.0100 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Shiba Inu

Shiba Inu’s launch date was August 2nd, 2020. Shiba Inu’s total supply is 589,520,004,772,875 tokens and its circulating supply is 589,271,874,763,820 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. The official website for Shiba Inu is shibatoken.com. The official message board for Shiba Inu is medium.com/@allhailtheshiba/all-hail-the-shiba-an-experiment-in-decentralization-87e3792e92f2.

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.”

Buying and Selling Shiba Inu

It is usually not possible to buy alternative cryptocurrencies such as Shiba Inu directly using U.S. dollars. Investors seeking to trade Shiba Inu should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Shiba Inu using one of the aforementioned exchanges.

SHIB/USD price chart by TradingView