Shiba Inu Achieves Market Cap of $7.64 Billion (SHIB)

Shiba Inu (SHIB) traded up 0.3% against the dollar during the twenty-four hour period ending at 11:00 AM ET on September 8th. Over the last week, Shiba Inu has traded 3.9% lower against the dollar. One Shiba Inu token can currently be purchased for approximately $0.0000 or 0.00000000 BTC on major exchanges. Shiba Inu has a market capitalization of $7.64 billion and approximately $98.45 million worth of Shiba Inu was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
  • Hokkaidu Inu (HOKK) traded 1.2% higher 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 13.7% higher against the dollar and now trades at $0.0587 or 0.00000108 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

About Shiba Inu

Shiba Inu’s genesis date was August 2nd, 2020. Shiba Inu’s total supply is 589,518,461,450,912 tokens and its circulating supply is 589,269,576,809,406 tokens. Shiba Inu’s official Twitter account is @shibtoken and its Facebook page is accessible here. The official message board for Shiba Inu is medium.com/@allhailtheshiba/all-hail-the-shiba-an-experiment-in-decentralization-87e3792e92f2. The official website for Shiba Inu is shibatoken.com. The Reddit community for Shiba Inu is https://reddit.com/r/shibarmy.

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 acquire Shiba Inu should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Shiba Inu using one of the exchanges listed above.

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