About SHIB
Shiba Inu (SHIB) is a decentralized cryptocurrency created in August 2020, often referred to as the "Dogecoin killer." It operates on the Ethereum blockchain as an ERC-20 token and has gained popularity as a meme coin with a strong community following. Unlike traditional currencies, SHIB is not issued by any central authority, making it a truly decentralized digital asset.
Key Features of SHIB
- Community-Driven: SHIB thrives on its active and engaged community, often organizing events and promotions.
- Decentralized Exchange: ShibaSwap allows users to trade SHIB and other tokens securely.
- Tokenomics: SHIB has a total supply of one quadrillion tokens, with a significant portion locked in liquidity pools.
Market Details
| Metric | Value |
|---|---|
| Current Price | S$0.00000515 |
| Market Cap | S$1.54M |
| 24h Trading Volume | S$0.00 |
| All-Time High | S$0.00008616 |
Price History
| Time Frame | Price | Change |
|---|---|---|
| Today | S$0.00 | 0.00% |
| 1 Day | S$0.00 | 0.00% |
| 1 Week | S$0.00 | 0.00% |
| 1 Month | S$0.00 | 0.00% |
| 1 Year | S$0.00000515 | 0.00% |
Coinbase Insights
Coinbase provides real-time updates for SHIB prices in SGD. With Coinbase, users can easily track the latest SHIB price movements and make informed trading decisions. The platform offers a secure and user-friendly interface for buying, selling, and storing SHIB.
Latest Trends
- Community Initiatives: SHIB's community frequently launches new projects and partnerships to enhance the token's utility.
- Market Sentiment: Despite its meme status, SHIB has shown resilience in volatile markets, attracting both retail and institutional investors.
- Technological Developments: The Shiba Inu ecosystem continues to expand, with new features like Shibarium, a layer-2 solution, in development.
Common Questions About SHIB
1. What factors influence SHIB's price?
SHIB's price is influenced by market demand, community activities, broader cryptocurrency trends, and adoption by platforms like Coinbase.
2. How can I buy SHIB?
You can purchase SHIB on cryptocurrency exchanges like Coinbase, Binance, or Kraken using SGD or other fiat currencies.
3. Is SHIB a good investment?
While SHIB has gained popularity, it remains a highly volatile asset. Investors should conduct thorough research and consider their risk tolerance before investing.
4. What is SHIB's long-term potential?
SHIB's future depends on its adoption, utility, and the success of its ecosystem projects. Community support plays a crucial role in its long-term viability.
5. Where can I store SHIB safely?
SHIB can be stored in Ethereum-compatible wallets like MetaMask, Trust Wallet, or hardware wallets like Ledger for enhanced security.
Network and Address Details
| Network | Address |
|---|---|
| Base | 0xB1EF97505c6D334db9a9b47B1Db2F1e4D7afA67f |
Exploring SHIB Further
👉 Discover more about SHIB and other cryptocurrencies
👉 Learn how to trade SHIB securely
Legal Disclaimer
Information provided is for informational purposes only and should not be construed as investment advice. Coinbase does not endorse or guarantee the accuracy, applicability, or validity of any information provided. Always conduct your own research before making any financial decisions. Prices and statistics shown are illustrative and may differ from actual market conditions.