Price Shiba INU (SHIB)

0 EURO (0.01% )
The displayed price is informative and does not represent the trading price.

Rank 15

Market cap

6.46B EUR

Circulating Supply

589.37T SHIB

Max Supply

589.74T SHIB

Based on the Dogecoin cryptocurrency, the digital asset Shiba Inu (SHIB) started as a joke but developed to bring innovation closer to crypto users. Shiba Inu is a cryptocurrency that is the basis of a crypto community that develops decentralized protocols. For additional information about the origin and use of Shiba Inu, you can access the "About the Shiba Inu cryptocurrency" page.

Shiba Inu cryptocurrency (SHIB) - price fluctuations

As in the case of traditional investments, an overview must be formed that aims at possible losses or profits. At the same time, it should be noted that the demand for Shiba Inu is an increasingly significant factor, because the cryptocurrency is also traded outside the normal schedule of stock exchanges. With an overview of cryptocurrency, investors can trade calculatedly and take advantage of price fluctuations.

What determines the price fluctuations of the Shiba Inu (SHIB) cryptocurrency?

SHIB price fluctuations are influenced by a number of market factors:

The demand and supply of the Shiba Inu cryptocurrency

Considering the traditional economic concepts, if the demand is high, the Shiba Inu price will increase. Conversely, if the demands are reduced, the price of the cryptocurrency falls. Demand is influenced by a variety of factors, such as media attention, the global economy and financial regulations. The SHIB cryptocurrency has a limited supply of 1 quadrillion units, a fact that places it next to digital assets like Bitcoin, which is a useful asset in combating inflation.

Popularity and media attention for the Shiba Inu coin (SHIB)

The popularity of the Shiba Inu (SHIB) cryptocurrency is a major factor influencing the SHIB price. Simple curiosity about cryptocurrencies leads to high investments, which affect the market price. At the same time, the price is influenced by announcements from state authorities and companies in the field. The phenomenon of FOMO (fear of missing out) can be created around these situations, which is represented by investors' fear of missing the moment of entering the market. To avoid the feeling of FOMO, investors must document themselves about the real factors that determine the Shiba Inu price and make informed and assumed investments.

The Shiba Inu Economy - The Shiba Inu Ecosystem

The economic risks of the states are another aspect that can lead to an increase in the price of the Shiba Inu (SHIB) cryptocurrency. Especially in countries with high inflation, people turn their attention to new methods of protecting money, a fact that can influence the value of the Shiba Inu.

Shiba Inu Price - Frequently Asked Questions (FAQ)

What blockchain does Shiba Inu use?

Ethereum

Cum in pain cryptocurrency Shiba Inu?

It is not mined but used in the staking process to generate profit.

What is the highest Shiba Inu price in EUR?

The highest Shiba Inu price was recorded at EUR 0.00006.

How can I buy Shiba Inu at the best price?

The fastest and most advantageous way to buy a Shiba Inu is on the Tradesilvania.com platform at the live Shiba Inu price displayed in the Tradesilvania user account 24/7.

What is the Shiba Inu price today?

The Shiba Inu price varies several times per second in the platform and the instant price is available in the user account. Daily purchase limit (SHIB Limit order is 1,000,000 EUR / transaction).

Knowing the causes that influence the price of the Shiba Inu (SHIB) cryptocurrency makes it easier to understand the fluctuations. If you have evaluated each factor and want to invest in Shiba Inu (SHIB), create your account on Tradesilvania and transact in a fast and safe way.

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