Why is SHIB’s price so small, with several zeros after the decimal point?
First, what happened: In May 2021, Vitalik burned most of his SHIB and donated another portion to India’s COVID-19 relief fund.
Why this is the case: SHIB’s unit price is very low mainly because its supply is enormous. To assess SHIB’s valuation, look at its total market capitalization rather than just its unit price.
Related coin: $SHIB is trading at 0.0₅463.
Compare information from multiple sources before making a decision; don’t rely on just one source.
Markets change quickly, so make your own informed decisions.
First, what happened: In May 2021, Vitalik burned most of his SHIB and donated another portion to India’s COVID-19 relief fund.
Why this is the case: SHIB’s unit price is very low mainly because its supply is enormous. To assess SHIB’s valuation, look at its total market capitalization rather than just its unit price.
Related coin: $SHIB is trading at 0.0₅463.
Compare information from multiple sources before making a decision; don’t rely on just one source.
Markets change quickly, so make your own informed decisions.
