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About 589.5 trillion tokens are currently in circulation, so based on the price per token of $0.000028 as of this writing, Shiba Inu has a market capitalization of $16.6 billion.
Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". [1] It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin , another cryptocurrency with meme origins.
At the current token price, Shiba Inu has a market capitalization of about $18 billion. Simple math suggests that at a price of $1 per token, its market cap would be $589.3 trillion.
In the 12 months between Jan. 1, 2021, and Dec. 31, 2021, Shiba Inu (CRYPTO: SHIB) ... It would require a gain of 670% from here and would take Shiba Inu's market cap to $58.9 billion, which is a ...
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
The market capitalization of a cryptocurrency is calculated by multiplying the price by the number of coins in circulation. The total cryptocurrency market cap has historically been dominated by bitcoin accounting for at least 50% of the market cap value where altcoins have increased and decreased in market cap value in relation to bitcoin.
Currently, the coin has a market cap of $5,673,822,815 and is ranked at 15th place in CoinMarketCap’s list of the top cryptocurrencies. Is It Safe? The safety of any cryptocurrency depends on ...
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