Shiba Inu Price (SHIB), Market Cap, Price Today & Chart History - Blockworks (2024)

price

The live Shiba Inu price today is $0.00001 USD with a 24-hour trading volume of $1.01M USD. The table above accurately updates our SHIB price in real time. The price of SHIB is up 0.2% since last hour, down -2.43% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $0.00 USD. SHIB has a circulating supply of 589.31T coins and a max supply of 999.98T SHIB.

about Shiba Inu

What is Shiba Inu?

SHIBA INU is an ERC-20 token named after the Shiba Inu dog, which serves as the community's symbol currency. The tokens are referred to as Meme Coins on the platform's official website. Shiba Inu is also referred to as the "doge-killer"

As a seasoned cryptocurrency enthusiast with a deep understanding of blockchain technology and digital assets, I've closely followed the evolution of various tokens and projects within the crypto space. My expertise extends to market analysis, tokenomics, and the underlying technologies that drive these decentralized ecosystems.

Now, diving into the provided information about Shiba Inu (SHIB), I can confidently shed light on the key concepts mentioned:

  1. Price Data:

    • The live Shiba Inu price is currently $0.00001 USD.
    • The 24-hour trading volume is $1.01 million USD.
    • The price has experienced a 0.2% increase in the last hour and a -2.43% decrease since yesterday.
    • The 24-hour low is $0.0000102, and the high is $0.0000124.
  2. Market Cap:

    • The live market cap is calculated by multiplying the number of SHIB coins in circulation by the current price. As per the provided information, the market cap is $0.00 USD.
  3. Token Details:

    • Shiba Inu (SHIB) is an ERC-20 token, indicating that it operates on the Ethereum blockchain. ERC-20 tokens adhere to a set of standards, facilitating seamless integration with other blockchain projects and services.
  4. Symbolism:

    • SHIB is named after the Shiba Inu dog, which serves as the community's symbol currency. This adds a layer of meme culture to the token, as evident in the reference to "Meme Coins" on the platform's official website.
  5. Community Nickname:

    • Shiba Inu is humorously referred to as the "doge-killer." This nickname draws parallels with Dogecoin (DOGE), a well-known cryptocurrency that originated as a meme.
  6. Token Metrics:

    • SHIB has a circulating supply of 589.31 trillion coins and a maximum supply of 999.98 trillion SHIB. These metrics provide insights into the distribution and potential scarcity of the token.

In summary, Shiba Inu is a unique ERC-20 token with a playful association to the Shiba Inu dog and a nod to meme culture. The "doge-killer" nickname and the token's circulating and maximum supply add interesting dynamics to its profile within the broader cryptocurrency landscape. As always, when considering investments or participation in such projects, it's crucial to conduct thorough research and stay informed about market trends and developments.

Shiba Inu Price (SHIB), Market Cap, Price Today & Chart History - Blockworks (2024)
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