What kind of currency is Shiba Inu Coin? Introduction to the official website, circulation and trading platform of Shiba Inu Coin

Shiba Inu Coin (SHIB), an ERC-20 token on the Ethereum blockchain, has a massive circulating supply and is traded on popular exchanges like Coinbase and Binance.

Oct 09, 2024 at 04:17 pm

What is Shiba Inu Coin?

Official Website and Brief Introduction
- Official website: https://shibatoken.com/
- Shiba Inu Coin (SHIB), also known as "Dogecoin Killer," is a decentralized cryptocurrency inspired by the popular "Doge" meme featuring a Shiba Inu dog. It was launched in August 2020 by an anonymous person or group known as "Ryoshi."
Type of Currency
- SHIB is an ERC-20 token operating on the Ethereum blockchain. ERC-20 tokens represent various utilities, from payment to governance, within decentralized applications (dApps).
Circulation
- SHIB has a massive circulating supply of quad-trillions of tokens. As of August 2023:
  - Total supply: 589,738,637,433,697 SHIB
  - Current circulating supply: 551,088,118,714,799 SHIB
Trading Platforms
- SHIB is tradable on various cryptocurrency exchanges, including:
  - Coinbase
  - Binance
  - KuCoin
  - Kraken
  - Crypto.com

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