Learn about the issuance price and total issuance amount of Shiba Inu Coin in this article

The price of Shiba Inu Coin when it was issued was approximately US$0.00000001, with a total circulation of 1 trillion. 50% of it was sent to Vitalik Buterin, and 50% was issued publicly on Uniswap.

Shiba Inu Coin issuance price and total issuance amount

Shiba Inu Coin is a fork coin based on Dogecoin. Launching in August 2021.

Issue price:

The price of Shiba Inu Coin at the time of issuance is approximately 0.00000001 US dollars, that is, 100,000 Shiba Inu coins are approximately equal to 1 US dollar.

Total issuance:

The total issuance of Shiba Inu Coin is 1 trillion, 50% of which were sent to Ethereum founder Vitalik at the time of issuance ·Butlin. Butlin then donated half of it to the Indian COVID-19 Relief Fund. The remaining Shiba Inu coins are distributed to other investors and miners.

Issuance allocation:

• 50% (5 trillion coins) - sent to Vitalik Buterin
• 49.9% (49.9 trillion pieces) - Publicly issued on Uniswap
• 0.1% (10 billion pieces) - Reserved for development and operation

Current price:

The price of Shiba Inu Coin has increased significantly since its release, and its current price (as of March 2023) is approximately $0.000018.

Shiba Inu price increased by 1.74%

As of 12:00 on September 10, 2024, the price of Shiba Inu (SHIB) was $1.3349127719648E-5, and the trading volume was $168,234,594.84136 . The price has increased by 1.74% in the past 24 hours.

Factors for price changes

Main factors for price changes include improved investor sentiment and favorable technical indicators. Additionally, recent positive news about the Shiba Inu project has also boosted sentiment.

Future Price Forecast

Technical indicators suggest that Shiba Inu is currently in an uptrend. If this trend continues, prices may continue to move higher. However, market sentiment and the general state of cryptocurrencies will also need to be closely monitored.

Recommended Actions

Investors may consider buying the dip and prepare for potential short-term volatility. Long-term holders can continue to hold their positions.

Short-term trend forecast

In the short term, Shiba Inu is expected to continue its upward trend. However, it is important to note that the cryptocurrency market can be very volatile, making it difficult to make specific predictions.

Key indicators

• Price: $1.3349127719648E-5
• 24-hour trading volume: $168,234,594.84136
• Market value: $7,866, 234,841.9364
• Circulation: 5.8926957679479E+14
• Maximum supply: -
• Total supply: 5.8926957679479E+14

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