SHIB explained in three sentences:
The SHIB ecosystem later launched its own Layer 2 network, Shibarium.
SHIB's unit price is extremely low because its total supply is enormous. To assess SHIB's valuation, look at its total market cap, not just its unit price.
Don't be swayed by “it only costs a few cents per coin”—a low unit price doesn't mean it's cheap, nor does it mean there's more room for it to rise.
$SHIB 0.0₅444（+0.91%）
#SHIB
The SHIB ecosystem later launched its own Layer 2 network, Shibarium.
SHIB's unit price is extremely low because its total supply is enormous. To assess SHIB's valuation, look at its total market cap, not just its unit price.
Don't be swayed by “it only costs a few cents per coin”—a low unit price doesn't mean it's cheap, nor does it mean there's more room for it to rise.
$SHIB 0.0₅444（+0.91%）
#SHIB
