Shiba Inu (SHIB) Trading Down 17% This Week

Shiba Inu (SHIB) traded down 3.6% against the US dollar during the 1 day period ending at 19:00 PM Eastern on August 3rd. Shiba Inu has a market cap of $8.37 billion and $244.17 million worth of Shiba Inu was traded on exchanges in the last 24 hours. During the last week, Shiba Inu has traded down 17% against the US dollar. One Shiba Inu token can currently be bought for $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.3% against the dollar and now trades at $0.0123 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 17.1% against the dollar and now trades at $0.0811 or 0.00000134 BTC.

Shiba Inu Profile

Shiba Inu launched on August 2nd, 2020. Shiba Inu’s total supply is 589,519,083,993,421 tokens and its circulating supply is 589,270,520,002,238 tokens. Shiba Inu’s official website is shibatoken.com. 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 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.”

Shiba Inu Token Trading

It is usually not currently 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, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Shiba Inu using one of the exchanges listed above.

SHIB/USD price chart by TradingView