SHIB coin today information (2023-10-08 02:43 PST)

Price: $0.000007252 USD

24-hour trading volume: $63.25M USD

Market cap: $4.27B USD

Circulating supply: 589,346.91B SHIB

Max supply: N/A

SHIB is currently ranked #18 by market cap on CoinMarketCap. It is up 1.07% in the last 24 hours and 2.08% in the last 7 days.

Recent news and developments

On October 5, 2023, Shiba Inu announced the launch of its own Layer-2 scaling solution, called Shibarium. Shibarium is expected to reduce transaction fees and improve the scalability of the Shiba Inu ecosystem.

On October 6, 2023, Shiba Inu announced that it had partnered with the Australian Football League (AFL) to become the league's official cryptocurrency partner.

What is Shiba Inu?

Shiba Inu is a decentralized cryptocurrency that was created in August 2020 by an anonymous person or group known as "Ryoshi". Shiba Inu is a meme coin, which means that it is a cryptocurrency that was created as a joke or parody. However, Shiba Inu has since gained a large following and has become one of the most popular cryptocurrencies in the world.

What is the future of Shiba Inu?

The future of Shiba Inu is uncertain, but the coin has a lot of potential. The launch of Shibarium could help to boost the adoption of Shiba Inu and make it more useful as a currency. Additionally, the partnership with the AFL could help to introduce Shiba Inu to a new audience. #crypto #crypto2023 #Binance $SHIB