How Much Shiba Inu Crypto Prices Are Today, Strengthening or Weakening?

Liputan6.com, Jakarta Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi”. This meme coin quickly gained speed and value as the investing community was drawn in by the coin’s hilarious charm, paired with headlines and Tweets from personalities like Elon Musk and Vitalik Buterin.

Shiba Inu aims to be an Ethereum-based partner to the Scrypt Dogecoin-based mining algorithm.

The Shiba Inu token and SHIB are part of a collection of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM).

Shiba Inu is one of the most popular cryptos and is included in the top 15 cryptocurrencies by market capitalization. Shiba Inu (SHIB) is also the second biggest meme coin after its predecessor, Dogecoin.

Shiba Inu Prices

Based on data from Coinmarketcap, Thursday (6/7/2023) SHIB Coin fell 4.01 percent in the last 24 hours. The SHIB Coin price is currently at Rp. 0.1127 with a trading volume of Rp. 1 trillion in the last 24 hours.

Meanwhile, Coinmarketcap’s current ranking is 18. This is down from the previous rank of 15. SHIB Coin has a market capitalization of around IDR 60 trillion. Until now, there has been a circulating supply of 549 trillion SHIB Coin, of which the maximum supply is not available.