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SHIB

Shiba Inu Token

SHIB

Live Shiba Inu Token price in India

₹0

7.35%

Currency

Shiba Inu Token Market Insights

Market Cap

₹0

Fully Diluted Market Cap

₹0

Volume 24H

₹0

Circulating Supply

0 SHIB

Total Supply

0

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SHIB to INR Converter

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1 Shiba Inu Token equals to 0 INR

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Things to know about Shiba Inu Token

What is Shiba Inu Token?

Shiba Inu is a decentralized cryptocurrency that runs on the Ethereum blockchain. Its symbol is $SHIB. Since its launch, Shiba Inu made a lot of noise because it features a Japanese hunter dog Shiba Inu as its mascot. Shiba Inu was created by an anonymous person (or group of people) called Ryoshi. The coin's whitepapers, officially known as the woof papers, suggest that it is an experiment to discover what happens if the project is only run by its community.

Things to consider before buying Shiba Inu

There is no real utility associated with the coin outside the Shib ecosystem. That said, the Shib ecosystem has grown exponentially in recent years.

SHIB is marketed as a dogecoin killer.

SHIB’s consensus mechanism is identical to Ethereum Proof of Work, which is now transitioning to Proof of Stake.

Shiba Inu is scalable, as proved by the new Shibarium layer, which was released in August 2023.

According to Coinmarketcap, in July 2023, 589.35T SHIB of 589.59T SHIB are in circulation. (July 2023)

Reasons to buy Shiba Inu (SHIB)

Shiba Inu is a meme coin that could generate value short-term based on social trends and the community.

The value of SHIB has soared exponentially in recent years.

It gives you entry into the Shiba ecosystem.

The Shiba ecosystem is supported by an active community, the ShibArmy, who want to see the coin succeed.

The Shiba Inu ecosystem has the SHIB, the bone, and the leash tokens today. It has an exchange called the Shibaswap, the Shiboshis NFT collection, Shib the Metaverse, and the Shiba eternity game as of July 2023.

With Twitter’s rebranding as X, Shiba Inu’s chances of being adopted by the ecosystem is a looming speculation.

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Pratik Poddar

Pratik Poddar

Partner, Nexus Venture Partners

Was feeling a bit lost on what to do with the current market conditions but the conversation with Mudrex’s relationship manager was really helpful. Got some genuine, unselfish advice. Highly recommend giving them a call.

Rahul Arkram

Rahul Arkram

Partner, Nexus Venture Partners

Absolutely used to hate updating my crypto portfolio manually. This is a real need that Mudrex is addressing! Big ups👍💯

Frequently asked questions about buying Shiba Inu in India

Have a question that is not answered? You can contact us at help@mudrex.com

How much should I invest in Shiba Inu (SHIB)?

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