Shiba Inu Trading Down 7.2% This Week (SHIB)

Shiba Inu (SHIB) traded down 1.7% against the dollar during the 1-day period ending at 8:00 AM Eastern on January 9th. One Shiba Inu token can currently be bought for approximately $0.0000 or 0.00000000 BTC on major exchanges. Shiba Inu has a total market cap of $12.46 billion and $593.08 million worth of Shiba Inu was traded on exchanges in the last 24 hours. Over the last seven days, Shiba Inu has traded 7.2% lower against the dollar.

Here is how related cryptocurrencies have performed over 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.6% against the dollar and now trades at $93,326.42 or 0.99823537 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.7% against the dollar and now trades at $92,784.22 or 0.99243587 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Shiba Inu

Shiba Inu launched on August 2nd, 2020. Shiba Inu’s total supply is 589,508,445,915,197 tokens and its circulating supply is 589,255,302,106,876 tokens. Shiba Inu’s official website is shibatoken.com. 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. Shiba Inu’s official Twitter account is @shibtoken and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Shiba Inu directly using US dollars. Investors seeking to trade Shiba Inu should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Shiba Inu using one of the aforementioned exchanges.

SHIB/USD price chart by TradingView