Shiba Inu
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now captured mainstream attention as a meme coin. What started of as a meme coin has attracted a decent following of developers who have built a decentralized ecosytem around the token, including a dedicated L2 chain Shibarium. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months.
As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.
What has the Shiba Inu community worked on?
The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO. More recently, the team has also launched Shibarium, a dedicated L2 chain surrounding the Shiba Inu (SHIB) token.
Where can you buy Shiba Inu?
SHIB tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Shiba Inu is Gate.io, where the most active trading pair SHIB/USDT has a trading volume of $17,228,174 in the last 24 hours. Other popular options include WEEX and MEXC.
What is the all-time high for Shiba Inu (SHIB)?
The highest price paid for Shiba Inu (SHIB) is $0.00008616, which was recorded on Oct 28, 2021 (over 2 years). Comparatively, the current price is 71.67% lower than the all-time high price.
What is the all-time low for Shiba Inu (SHIB)?
The lowest price paid for Shiba Inu (SHIB) is $0.0105637, which was recorded on Nov 28, 2020 (over 3 years). Comparatively, the current price is 43,308,087.43% higher than the all-time low price.