What is Shiba Inu
Shiba Inu (SHIB) is a meme cryptocurrency based on a Japanese dog breed. It was founded in 2020 by an anonymous developer named Ryoshi, who planned SHIB to be an Ethereum blockchain alternative to Dogecoin (DOGE).
SHIB is an ERC-20 token with ShibaSwap, a decentralized exchange. The SHIB roadmap and ecosystem also include Shiba Artist Incubator, 10,000 "Shiboshi" NFTs, and Shiboshi Game, an NFT game.
Shiba Inu had a circulating quantity of one quadrillion tokens at the start. To generate liquidity, Ryoshi locked 50% of the token in Uniswap and delivered the other 50% to Ethereum co-founder Vitalik Buterin's wallet. Vitalik, on the other hand, opted to burn 90% of the coins and donate the remaining 10% to charity.
Why Shiba Inu is Falling down
The current Shiba Inu price is $0.000009 USD, and the 24-hour trading volume is $322,988,757 USD. Our SHIB to USD pricing is updated in real time. Shiba Inu has decreased by 7.18 percent in the previous 24 hours. CoinMarketCap now ranks #17, with a live market cap of $5,163,308,282 USD. The circulation supply is 549,063,278,876,302 SHIB coins, and the maximum supply is not known.
Shiba Inu coin has already achieved $0.00008 and right now is on its way to $0.000001, despite its current price of $0.000009. Make certain that the cryptocurrencies market cap is $1,143,927,061,160
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