Shiba Inu Crypto News Today

Keep up with the latest Shiba Inu crypto news today with our blog. We’ll cover all the latest developments in the world of Shiba Inu coins and how they’re impacting the cryptocurrency market. Stay informed and make the best investment decisions for your portfolio!

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Shiba Inu News

Shiba Inu is a decentralized, community-driven meme token based on the Ethereum blockchain. Shiba Inu has no central authority, no pre-defined roadmap and no whitepaper. The community controls the Shiba Inu ecosystem.

Shiba Inu Reaches All-Time High

Shiba Inu reached an all-time high on May 5th, hitting $0.000035. This marks a more than 1400% increase from its April low of $0.000002. Shiba Inu is now the 25th largest cryptocurrency by market capitalization.

The Shiba Inu token, which was launched in August 2020, has seen a surge in popularity in recent months. The token is currently ranked as the 25th largest cryptocurrency by market capitalization, with a market cap of over $6 billion.

The token was created as a parody of the popular Dogecoin (DOGE) and aims to be a “better Dogecoin.” Shiba Inu has gained a following among members of the crypto community who are critical of Dogecoin and believe that it is overvalued.

The recent price increase appears to be driven by speculation about the token’s future prospects and a general surge in activity in the cryptocurrency markets.

Shiba Inu Price Analysis

The Shiba Inu price is currently trading at $0.00002733, which is down 3.55% over the last 24 hours. The market cap of SHIB is $2,533,188,739, which makes it the 35th largest cryptocurrency by market cap size. The circulating supply of SHIB is 9 quintillion coins and the max supply is 10 quintillion coins. SHIB was created on August 4th, 2020 and runs on the Ethereum blockchain. The creator of SHIB is an anonymous entity known as Ryoshi.

SHIB has a 5% fee that goes to holders of WETH (Wrapped ETH), a Ethereum ERC20 token. When users send ETH to a SHIB smart contract, they are issued WETH in return. Then, when users want to convert their WETH back to ETH, they pay a 5% fee that is distributed to SHIB holders proportionately based on how much SHIB they are holding.

Currently, there are three main exchanges trading SHIB: Binance (BNB), Huobi Global (HT), and OKEx (OKB). Binance is the largest exchange by far, with over $1 billion worth of SHIB traded in the last 24 hours. HT and OKB are much smaller, with $24 million and $22 million worth of SHIB traded on their respective exchanges in the last 24 hours.

Shiba Inu Price Prediction

It’s been a wild ride for Shiba Inu token holders over the past few months. The meme-based cryptocurrency has seen its price skyrocket from less than a penny in mid-January to highs of over $0.40 in early May, giving holders massive returns of over 40,000% during that time period.

However, since reaching those highs, the price of Shiba Inu has been on a bit of a roller coaster ride, falling back down below $0.20 before bouncing back up above $0.30 in recent days.

So, what’s next for the Shiba Inu token? Let’s take a look at some recent price movements and try to predict where the price might go in the near future.

First, let’s look at the big picture by examining the SHIB/USDT trading pair on the daily timeframe. We can see that after hitting those all-time highs in early May, the price fell into a sharp downtrend, losing over 50% of its value in just a few weeks:

![shiba-inu-daily](https://cryptoslate02.qwdqwdqwdqw.com/datasets/shiba-inu-daily.jpg)

However, as is often the case in the cryptocurrency markets, what goes down must eventually come back up. And that’s exactly what we’ve seen happen with Shiba Inu over the past few days.

Shiba Inu Crypto

Shiba Inu is a cryptocurrency that was created with the Dogecoin codebase. It was created as a joke currency in December 2013. The name Shiba Inu comes from the Japanese dog breed of the same name. The face of the Shiba Inu dog is often associated with the Dogecoin logo.

What is Shiba Inu?

Shiba Inu (SHIB) is a decentralized cryptocurrency that was created as a parody of the popular Dogecoin. Shiba Inu coin was created in August 2020 by an anonymous group of developers. The development team for Shiba Inu coin chose to remain anonymous to stay true to the “doggo” spirit of the project. The word “Shiba” in Japanese means “brushwood dog”, which is a type of small hunting dog. The word “Inu” means “dog” in Japanese.

The SHIB token is based on the Ethereum blockchain and uses the ERC-20 standard. There is a total supply of 1,000,000,000,000 SHIB tokens. The circulating supply of SHIB tokens is currently (as of June 2021) around 400,000,000,000 SHIB.

SHIB has gained a lot of popularity in recent months due to its hilarious meme-based marketing campaign and its low price per token ($0.000001 as of June 2021). Shiba Inu coin has been nicknamed “the Dogecoin killer” due to its similarities to Dogecoin (both are based on memes, have low prices per token, and have large supplies).

Despite its low price per token, Shiba Inu coin has a market capitalization of over $6 billion as of June 2021. This makes it one of the most valuable cryptocurrencies in the world despite having a very short history.

How to Buy Shiba Inu

Shiba Inu can be bought on a few exchanges including Binance, OKEx,Huobi, and Gate.io. SHIB is also available on popular decentralized exchanges such as Uniswap, Balancer, and 0x protocol. Buying SHIB on these exchanges is as simple as setting up an account and providing some personal information.

Shiba Inu Mining

Shiba Inu is a decentralized cryptocurrency with no central bank or single administrator that can be sent from user to user on the peer-to-peer Shiba Inu network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Shiba Inus are often born with a tail, but it is typically docked short in order to conform to the breed standard. However, there is no health concern associated with having a long tail, so some breeders have started breeding Shiba Inus with natural tails.

Shiba Inu Price

The Shiba Inu price is currently $0.00002370 with a 24-hour trading volume of $165,767,038. SHIB price is up 4.0% in the last 24 hours. The current CoinMarketCap ranking is #39, with a market cap of $2,413,449,598 USD. It has a circulating supply of 10,000,000,000 SHIB coins and a max. supply of 1,000,000,000,000 SHIB coins. The top exchanges for trading in Shiba Inu are currently Binance, Huobi Global, Upbit, OKEx, and HitBTC. You can find others listed on our crypto exchanges page.

Shiba Inu Price in USD

The Shiba Inu is a crypto news today that is priced in USD. The current Shiba Inu price is $11,890, which is up 1.7% over the last 24 hours. The Shiba Inu price is down -10.0% over the last 7 days.

Shiba Inu Price in BTC

As of July 8th, Shiba Inu was trading at $0.00003102 per token on Hoo, representing a slight increase of 1.3% from the day prior. SHIBA INU’s market cap currently sits at $2,759,953,000.00 USD, holding up for a market cap rank at #16. There is a circulating supply of 87,600,000,000 SHIBA INU now in the market – this is a change of -6% over the past 24 hours. The total volume traded for SHIBA INU in the past 24 hours on Hoo was $26,533.86 USD – this is 17% below its average trading volume over the past 90 days.

Shiba Inu Wallet

The Shiba Inu Wallet is a free online wallet that allows you to send, receive, and store Shiba Inu coins. You can also use the Shiba Inu Wallet to buy and sell Shiba Inu coins. The Shiba Inu Wallet is a secure online wallet that is backed by a team of experienced developers.

Best Shiba Inu Wallets

There are a few different types of wallets that you could use to store your Shiba Inu coins. These include:

-Desktop Wallets: A desktop wallet is a great option if you want to have direct control over your private keys. This type of wallet allows you to store your coins on your own computer.

-Mobile Wallets: A mobile wallet is a convenient option if you want to be able to access your coins on the go. This type of wallet allows you to store your coins on your smartphone or tablet.

-Web Wallets: A web wallet is a good option if you want to be able to access your coins from anywhere in the world. This type of wallet allows you to store your coins on a remote server.

Shiba Inu Exchange

Shiba Inu is a new decentralized cryptocurrency that has recently launched. The project is headed by Dogecoin creator Jackson Palmer and aims to provide a fast, fun, and easy way to send and receive cryptocurrency. Shiba Inu is currently available on a few exchanges, including Binance and Kucoin.

Best Shiba Inu Exchanges

Binance is the world’s leading cryptocurrency exchange and offers trading in a wide variety of digital assets, including Shiba Inu. Binance is a great choice for users looking for a powerful and easy-to-use platform with a variety of features.

Coinbase Pro is another popular option for those looking to trade Shiba Inu. Coinbase Pro is a professional trading platform operated by Coinbase, one of the world’s leading cryptocurrency exchanges. Coinbase Pro offers an intuitive interface, low fees, and a range of features and tools that make it a great choice for serious traders.

Huobi Global is another top exchange for trading Shiba Inu. Huobi Global is one of the largest cryptocurrency exchanges in the world and offers a wide range of digital assets, including Shiba Inu. Huobi Global is known for its excellent customer service, low fees, and user-friendly platform.

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