A friend recently asked me about this, so I thought I’d write it down.
SHIB launched in August 2020, and its creator used the pseudonym Ryoshi.
SHIB’s unit price is very low because its total supply is huge. To compare SHIB’s valuation, look at its total market cap—not just its unit price.
The coin in this example: $SHIB , current price 0.0₅447 (24h +2.52%).
If you learned something, leave a comment. If anything’s unclear, ask away in the comments.
SHIB launched in August 2020, and its creator used the pseudonym Ryoshi.
SHIB’s unit price is very low because its total supply is huge. To compare SHIB’s valuation, look at its total market cap—not just its unit price.
The coin in this example: $SHIB , current price 0.0₅447 (24h +2.52%).
If you learned something, leave a comment. If anything’s unclear, ask away in the comments.