Shiba Inu is an ERC-20 token from the Shiba Inu ecosystem that was founded on the Ethereum blockchain. This coin was given the nickname of "the Dogecoin killer". It's the first token that will be listed on the decentralised ShibaSwap exchange after it launched.
Shiba Inu is a decentralised ecosystem under development that includes features such as exchanging assets, NFTs, passive income instruments and more. The project creators' main idea is to give the community 100% rights to govern the protocol.
SHIB's issuance is 1 quadrillion tokens. A little less than 50% of SHIB have been blocked on the Uniswap exchange. The remaining 50% have been sent to Vitalik Buterin's public wallet. By doing so, the project's developers provide users with an open market for the tokens to be distributed fairly. What's more, not one of them received SHIB tokens. Currently, around 394 trillion SHIB are in circulation, and the coin's capitalisation is $3.13 billion, earning it 34th place among cryptocurrencies by this indicator.
Because of Shiba Inu's extremely low price, we offer you the ability to trade in increments of 1000 tokens.
The project was launched in August 2020. In just a few weeks of existence, SHIB's price rose significantly, although its exchange rate has still not hit one-tenth of one US cent. In just 5 days in May 2021 (6–11 May), SHIB saw its price increase 21.58 times!
SHIBUSD's average intraday volatility in 2021 to date has been 10%.
How to buy and sell SHIBUSD
You can buy and sell SHIBUSD on specialised cryptocurrency exchanges, but the best way to trade it is through a broker or trading platforms, such as MetaTrader or Libertex, where you can open and close positions much more easily, trade with leverage and even earn if the coin's value goes down.