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WATCH RELATED VIDEO: Shiba Inu Circulating Supply Changing?!? What's the Deal with CoinMarketCap \u0026 CoinGecko?

Shiba Inu (SHIB)

Join us on Twitter or Telegram. Customize Settings Accept. The numbers are more impressive when you consider that the number of SHIB holders has continued to go up during this time. Interestingly the total number of unique addresses that hold assets in the network has increased from , on November 16 to 1,, holders as of December Notably, during the last month, the token has progressively risen in popularity, reaching a total of one million token holders due to this growth on November While the asset experienced another boost following the listing by Kraken meaning that Shiba Inu is now listed on all top 10 major crypto exchanges.

However, despite the number of holders growing thanks primarily to more availability to acquire it, as mentioned, the price has declined significantly from its all-time high as another pump looks unlikely at the moment.

What may be influencing the price in addition to the current bearish sentiment in the market is the latest news regarding SHIB whales. The funds were first sent via several different wallets, most likely in an effort to obscure their origin. Not to mention that a DOGE developer has recently launched the first-ever non-fungible token NFT on the Dogecoin blockchain, introducing a new use case for the network, which is expected to boost its significance and perhaps propel DOGE further up the cryptocurrency market rankings.

Consequently, as SHIB attempts to distance itself from the meme label by establishing a comprehensive crypto-ecosystem of its own, complete with legitimate apps and NFT games , it looks set to compete against the original meme token certainly in the meantime. Disclaimer: The content on this site should not be considered investment advice.

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The Token Litepaper is Now Live

Shiba inu is generally perceived as a meme currency similar to other dog-themed cryptocurrencies such as dogecoin and has a similarly viral following of more than 1. SHIB had an initial total supply of 1 quadrillion, or 1,,,,, tokens. SHIB has been one of the most volatile crypto assets in Musk even got a Shiba Inu puppy , named Floki Frunkpuppy, triggering another market surge.

Also today, Robinhood is unlikely to list SHIBA INU anytime soon and it's just had a difficult set of financial results.

shib coinmarketcap

Despite its price being below 1 cent, the "meme token" has garnered a lot of attention. Shiba inu now ranks No. EST on Thursday. Shiba inu, dubbed the "dogecoin killer" by its supporters, has currently surpassed dogecoin, which ranks No. Though shiba inu is cheap to buy and it may be tempting to jump in, experts say investors should do their research first. Shiba inu is typically considered an altcoin , which refers to the multitude of cryptocurrencies aside from bitcoin. Cryptocurrency can be a very volatile and speculative investment in general, but experts say altcoins can be even more so. Shiba inu was created in August by a pseudonymous founder called Ryoshi. As its name suggests, the token is inspired by shiba inu dogs.

Shiba Inu Price History


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The cryptocurrency market is full of uncertainties.

SHIB Crypto News: The CoinMarketCap Update Frustrating Shiba Inu Fans

If the individual cashes in, the transaction may be the greatest individual trade of all time. However, Twitter user Untraceable questions whether the market will be able to absorb the transaction if the individual decides to clear the entire wallet at once. Take a look at the Twitter conversation below, and stay tuned as the situation unfolds. SHIB is now the 7th biggest cryptocurrency in the world by market value. Delayed quote. Updated once every 10 mins.

Shiba Inu (SHIB) Suddenly Spikes 8%

The token's price has been on a downward trajectory for a few days after a big rise at the end of October. Cryptocurrency prices are notoriously volatile and experts have previously warned Newsweek about the risks associated with trading them. There have reportedly been concerns about Shiba Inu's majority holders over the past 24 hours—about 71 percent of its tokens are held by just 10 people—because one of them is moving a significant amount of money around. According to Fortune reporters, this has prompted concern that the whale, whoever they are, could be preparing to sell their holdings. It is unclear whether or not this is the reason for the wallet activity. As the crypto's price falls, some prominent Shiba Inu fans have posted on Twitter encouraging people to "buy the dip"—invest in an asset when its price is low.

SHIBEMP Price Statistics ; $, · $, %.

Shiba Inu (SHIB): Worth an Investment Right Now?

According to CoinMarketCap, the Dogecoin spinoff recorded more than million views during the last 12 months, while apex cryptocurrency Bitcoin came in second with million views in Meanwhile Dogecoin was ranked in the third position among the most viewed cryptocurrencies with million views, while Cardano had around 86 million views, and Ethereum garnered 81 million views. Another major reason is also rumours floating in the crypto world that the SHIB will soon be listed on the popular stock trading app, Robinhood. A petition on Change.

Bitcoin Investors In Buying Spree As Prices Dip; SHIB Loses Despite Good News

RELATED VIDEO: Can Shiba Inu Coin Reach 100 Cents - $1 / Coin Market Cap Review

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By now it is almost certain that you will have heard of cryptocurrency. The adoption rate of cryptocurrency is rising faster than ever as more and more people get involved.

Read More. Please change the wallet network. Change the wallet network in the MetaMask Application to add this contract. Sensei Shib. United States Dollar. Sensei Shib is down 9.

Please change the wallet network. Change the wallet network in the MetaMask Application to add this contract. Shiba Inu.

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