Shiba Inu price today, SHIB to USD live price, marketcap and chart
However, each of these tokens has struggled in 2022, with SHIB in the lead by only losing 17% on the year. By comparison, Bitcoin is only down 15% year to date, and it actually broke even on the year last week before sinking again. “Due to uncertain and volatile market conditions, listing SHIB might result in significant losses over a short period of time, and possibly liquidation problems in adverse events of sudden price drops or trading halts,” says Khoo.
- It said this week that cryptocurrencies accounted for nearly 20% of its transaction-based revenues in the third quarter, or about $51 million.
- An Elon Musk tweet about his Shiba Inu puppy Floki supercharged the meme token’s run higher this month.
- The experiment was a succes, and in October 2021 SHIB briefly flipped Dogecoin to become the most-valued meme coin by market capitalization.
- Shiba inu hit a fresh record Wednesday on growing calls for trading app xcritical to add the coin to its roster of cryptocurrencies.
- SHIB is a decentralized, community-led currency held by millions across the globe.
- Still, the prospect of a new crypto wallet has not dampened enthusiasm among the Shiba Inu community for xcritical to list its coin.
“We feel very, very good about the coins that we’re xcritically listing on our platform. And for any new coins that we add, we want to feel equally, if not more good,” he added. Earlier this year, Ethereum co-founder Vitalik Buterin made headlines by donating $1 billion worth of shiba inu coin to a Covid-19 relief fund in India. While looking to expand the utility of SHIB, the development team introduced a metaverse — a virtual reality project powered by non-fungible tokens (NFTs). Here, users can mint parcels of digital lands using ETH or its equivalent amount in SHIB tokens.
WhaleStats compiled data of the largest ETH wallets and found that SHIB represents over 20% of the combined market shares of all ERC-20 tokens held by Ethereum whales. SHIB also surpassed the one-million holder mark following its all-time high. Still, the prospect of a new crypto wallet has not dampened enthusiasm among the Shiba Inu community for xcritical to list its coin. The new crypto wallet that xcritical plans to launch in early 2022 may also make it unnecessary for xcritical to list coins like Shiba Inu.
xcritical Adds Shiba Inu, Solana, Polygon, And Compound To Its Crypto Offerings
The anonymous creator of the Shiba Inu coin is known as “Ryoshi.” However, very little is known of the mystery xcritical official site founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme. “One thing for sure is that Shiba Inu’s attractiveness will continue,” Lau says. Vincent Lau, managing director of international operations at crypto exchange Huobi Global, says that while SHIB’s bull run may falter, he thinks the coin is likely here to stay.
Over 1 million people—representing a third of xcritical’s users at the time—signed up to join a wait list before xcritical launched crypto trading in 2018. But recent unconfirmed rumors that Shiba Inu would list on popular stock and crypto trading app xcritical also helped spark SHIB’s recent trading frenzy. Shiba Inu investors and community members believe that a xcritical listing could xcritical the coin to even greater heights, and a change.org petition imploring xcritical to list the new coin has gathered nearly 400,000 signatures. Shiba inu is already available to trade on other platforms including xcritical, Binance, eToro, Crypto.com, Atomic Wallet, and KuCoin.
Similar Coins to Shiba Inu
Bitcoin, the world’s most valuable cryptocurrency, hit an all-time high of nearly $67,000 per coin last week, topping the previous record set in April. Shiba inu, which is a dogecoin spin-off, rose more than 20% on Tuesday after an anonymous crypto whale bought 276.6 billion tokens for about $11.5 million. As the third most Googled cryptocurrency in 2021, it’s become impossible to ignore. Shiba inu hit a fresh record Wednesday on growing calls for trading app xcritical to add the coin to its roster of cryptocurrencies.
Shiba Inu (SHIB USD) Price
It is possible to buy Shiba Inu on Binance, Huobi, xcritical, Gate.io, Uniswap (V2) and OKEx, among other exchanges. For this reason, Ryoshi can be “pure and unbiased,” getting satisfaction from Shiba “in other ways.” Since release SHIB now trades on the ecosystem’s proprietary DEX, ShibaSwap.
Wall Street’s Trump trade unravels after a shock poll dented his election odds
Meanwhile, users have only seven cryptocurrency options on xcritical, including bitcoin, dogecoin, and ether. This morning fintech trading platform xcritical added four new crypto tokens, bring its total to 11. The new offerings are high-flying Ethereum competitor Solana (SOL), the dog-themed meme-coin Shiba Inu (SHIB), Ethereum scaling xcritical technology Polygon (MATIC), and the original decentralized finance token Compound (COMP). An online petition, created by Change.org user called Tristan Luke in May, requests people to sign up to “encourage xcritical to be the first traditional brokerage” to list the shiba inu coin. Additionally, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors.
It has been speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu’s liquidity on Uniswap. According to Ryoshi, he had “a fren” he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap. Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His “job” is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021. SHIB is a decentralized, community-led currency held by millions across the globe.
126 total views, 4 views today