SHIB Stock Price in May/2021

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SHIB Stock Price

SHIB Stock Price

Today we want to talk about about SHIB Stock Price. Shiba Inu (SHIB) is better known as the DOGECoin killer. Two of the youngest members of the list on the market, Shiba Inu (SHIB) and Pig Finance (PIG) ​​are on their way to becoming favorite coins. Great interest in cryptocurrencies continues around the world. The world of crypto money, which started with Bitcoin and Ethereum, continues its existence today with thousands of coins. The newly released crypto coins are not traded on major crypto money exchanges. However, those who act cautiously make a fortune.

Although both coins have just entered the cryptocurrency world, they have become very popular and have started to be among the most talked about coins on social media. These two coins started to attract attention in the crypto money world when the users who invested in a short time started to fold their money. Shiba Inu Coin, which was influential in the emergence of DOGECoin and takes its name from the Shiba Inu dog breed, introduces itself as “DOGECoin Killer”.

How Did The SHIB Come About?

How Did The SHIB Come About?

In addition to those that can be considered the ancestors of the crypto money market such as Bitcoin and Ethereum, some newly released coins have skyrocketed in a short time. One of the new coins that has become popular in recent days is SHIB. Binance, which is the biggest name in the sector due to its trade volume and preference, announced that it will be able to trade with Shiba Inu (SHIB) as of May 10.

Doubled the SHIB value in the last 24 hours after the announcement. According to the statement made, it was reported that SHIB will be in the Innovation Area and will be traded with SHIB / BUSD and SHIB / USDT pairs. SHIB has gained a greater volume, especially thanks to the announcement made by Binance. After Shiba Inu (SHIB) was incorporated into Binance, it stopped withdrawals for a short time due to a problem in the systems and a rush began among crypto money investors. However, when the problem was resolved, the withdrawals returned to normal.

Contracts are like a call option between two investors. Here, the date for any change is determined by a predetermined value. The exchange announced the new 1000 SHIB permanent futures contracts on the platform. This is a more risky investment due to large fluctuations in some altcoins, so Binance warns of the danger. Shiba Inu, created by Ryoshi, went on sale as an Ethereum-based coin. 50% of the total supply was sent to Vitalik Buterin, the founder of Ethereum.

What is SHIB? – SHIB is described on its official website as an “experiment to create a spontaneous decentralized community” and is described as another meme cryptocurrency similar to DOGECoin.

Coins With Plenty of Zeros / SHIB Stock Price

shiba inu token

Due to zero abundance in newly released cryptocurrencies, large transactions can be carried out in small amounts. For example, currently 1 cent 5 thousand Pig Finance or 1 cent 500 Shiba Inu coins can be purchased. After purchasing a lot of zero coins, buyers can multiply their money with decreasing zeros.

SHIB stock price of $ 0.00003212 from the 24-hour low of 0.000012 to 149% following Binance’s listing announcement, and vigilant users have made substantial revenue from this rise. Looking at the chart, when the SHIB stock price was first released in February, it is seen that the SHIB stock price was traded at $ 0.0000000035, while the price rose up to $ 0.000035 today. While Shiba Inu earned 1 million percent in a short time, Pig Finance made an average of 21%. All of these are for informational purposes only and It is not just any investment advice.

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