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What kind of coin is Shiba Inu coin?

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Release: 2024-08-30 18:07:01
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Shiba Inu Coin (SHIB) is a cryptocurrency based on the Ethereum blockchain. It can be purchased on exchanges such as Binance, Huobi Global, OKX, KuCoin, Gate.io and others.

What kind of coin is Shiba Inu coin?

What is the Shiba Inu coin?

Shiba Inu Coin (SHIB) is a decentralized cryptocurrency based on the Ethereum blockchain. Launched in August 2020, it is known for its iconic Shiba Inu image and resemblance to Dogecoin (DOGE). Shiba Inu Coin is designed to be a fast, low-cost medium of exchange.

Where to buy?

Shiba Inu Coin can be purchased on the following trading platforms:

  • Second-tier exchanges:

    • Binance
    • Huobi Global
    • OKX
    • KuCoin
    • Gate.io
  • Decentralized Exchange (DEX):

    • Uniswap
    • Sushiswap
    • 1Inch Network

Trading platform inventory

Binance

  • One of the largest and most trusted exchanges by trading volume
  • Supports multiple fiat and cryptocurrency pairs
  • Has intuitive interface and various trading tools

Huobi Global

  • Leading global cryptocurrency exchange
  • offering spot trading, margin trading and futures trading
  • Monitored 24/7 by a security team

OKX

  • Another reputable exchange
  • Offering low trading fees and a variety of trade types
  • Has advanced trade analysis tools

KuCoin

  • Fast growing exchange, famous for its various altcoins
  • Supports fiat deposits and low transaction fees
  • Has active community and support team

Gate.io

  • Well-known cryptocurrency exchange
  • offers a wide range of Trading pairs and support for multiple fiat currencies
  • Has user-friendly interface and low transaction fees

Shiba Inu price surges

As of 8 At 10 a.m. on March 30, the price of Shiba Inu (SHIB) was $1.4036674524905E-5, and the trading volume within 24 hours was $193677836.60345. SHIB price increased by 0.89941816% in the past 24 hours.

Reasons for Price Changes

The recent price increase may be due to several factors, including:

  • Community Support and Online Hype.
  • Look forward to upcoming updates and developments.

Future Price Trend

Forecasts of SHIB’s future price trend may fluctuate. However, as market sentiment improves and the ecosystem continues to grow, SHIB may see modest gains.

Steps Investors Should Take

Investors should carefully weigh the risks and conduct their own research before making any decisions. Given its volatility, prudent investing is crucial.

Short-term trend forecast

In the short term, SHIB may continue to fluctuate, but the overall trend is expected to be upward.

Main Indicators

  • Current price: $1.4036674524905E-5
  • 24-hour trading volume: $193677836.60345
  • Price change (24 hours): +0.89941816%
  • Circulation volume: 5.8927014040156E+14 SHIB
  • Total supply: 5.8927014040156E+14
  • Circulation market value: $8271393168.0617

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