Shiba Inu Crypto Price Today, Stronger or Weaker?

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 for Srypt Dogecoin-based mining algorithms. 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.

In today’s trading, unfortunately SHIB Coin has to weaken amidst other cryptocurrencies that are strengthening.

Based on data from Coinmarketcap, Monday (17/4/2023) SHIB Coin fell 2.25 percent in the last 24 hours. The SHIB Coin price is currently at Rp. 0.1685 with a trading volume of Rp. 4.4 trillion in the last 24 hours.

As for Coinmarketcap’s current ranking, it is 13th. Up from the previous rank of 14th. SHIB Coin has a market capitalization of around IDR 98.9 trillion. Until now, there has been a circulating supply of 549 trillion SHIB Coin, of which the maximum supply is not available.

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