What is Shiba Inu Coin?

Shiba Inu Coin is a decentralized cryptocurrency launched in 2020 with the Japanese Shiba Inu as its symbol. It is listed on the following major exchanges: 1. Binance; 2. Coinbase; 3. FTX; 4. Crypto.com; 5. OKX; 6. KuCoin; 7. Huobi Global. For beginners, suitable platforms for trading Shiba Inu Coin include: 1. Binance; 2. Coinbase; 3. Crypto.com; 4. Gemini; 5. Kraken.

What is Shiba Inu Coin?

Shiba Inu Coin (SHIB) is a decentralized cryptocurrency launched in August 2020. It uses the Japanese Shiba Inu as its symbol and calls itself the “Dogecoin Killer.”

Which exchanges are Shiba Inu Coin listed on?

Shiba Inu Coin is listed on the following major exchanges:

• Binance
• Coinbase
• FTX
• Crypto. com
• OKX
• KuCoin
• Huobi Global

Shiba Inu Coin Trading Platform Recommendation

For For beginners, the following trading platforms are suitable for trading Shiba Inu Coin:

• Binance: The world’s largest cryptocurrency exchange, offering multiple trading pairs and advanced trading features.
• Coinbase: America’s most popular cryptocurrency exchange, known for its ease of use and security.
• Crypto.com: Offers extensive cryptocurrency support and competitive trading fees.
• Gemini: A regulated exchange focused on security and compliance.
• Kraken: A long-established exchange focusing on institutional investors and senior traders.

Notes on choosing a trading platform:

When choosing a trading platform, please consider the following factors:

• Transaction Fees: Transaction fees for different platforms will vary.
• Security: Prioritize platforms that offer strong security measures.
• Support: Look for a platform that offers quality customer support.
• Trading Pairs: Make sure the platform supports the Shiba Inu Coin trading pair you wish to trade.
• User Interface: Choose a platform that offers an easy-to-use interface and rich trading tools.

Shiba Inu Price Trend Analysis

Shiba Inu (SHIB) is currently trading at $0.00001396 per coin with a 24-hour trading volume of $215 million.

Recent Changes

SHIB price increased by 1.11% in the last 24 hours. This increase is mainly attributed to the overall market rebound.

Factors affecting price movements

• Positive market sentiment
• Cryptocurrency market rebounds
• Lack of major negative news

Future Price Trend

In the short term, SHIB price is expected to continue to fluctuate around current levels. However, if market sentiment continues to improve, prices may rise further.

Action Recommendations

Due to recent price increases, investors may want to consider taking profits. On the other hand, those who believe in the long-term potential of the coin may consider buying on the pullback.

Short Term Trend Forecast

SHIB price is likely to continue trading between $0.00001350 and $0.00001450 in the short term.

Key indicators

• Price: 0.00001396 USD
• 24-hour trading volume: 215 million USD
• Circulation market capitalization: 823 million USD
• Circulation: 5.8927 trillion
• Maximum supply: Unlimited

The above is the detailed content of What is Shiba Inu Coin?. For more information, please follow other related articles on the PHP Chinese website!