Shiba Inu Coin is Up 15.89%, $0.00001 Next?

Shiba Inu's price today is $0.0000092 at the time of writing, according to CoinMarketCap. This means that the memecoin is up by over 15.89% in the last 24 hours.

Shiba Inu Coin is up almost 16% today
Shiba Inu Coin

SHIBA INU is bullish today as it saw a price surge of more than 15% today with a 24-hour trading volume of $686,004,299. It surged from $0.00000792 to $0.00000935 in the last 24 hours.

The memecoin has a circulating supply of 394,796,000,000,000 SHIB coins and a max supply of 1,000,000,000,000,000 SHIB.

In addition, the Shiba Inu coin is inspired by a dog. Now, this dog is inspiring millions of people worldwide to invest money into tokens with the dog’s image. However, some say it is a shit coin or a scam, but right now, investors are bullish on the memecoin, which is self-called “DOGECOIN KILLER.”

According to the SHIBA INU website, SHIB will be listed on their own platform, ShibaSwap — a decentralized exchange. The Shiba Inu coin was created in August 2020 under the pseudonym “Ryoshi.'' Beyond this, the memecoin quickly became popular as a community of investors was drawn to crypto due to Elon Musk and Vitalik Buterin Tweets.

Shiba Inu comes from dog-themed cryptos. This includes Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM) to name a few.