Market capitalization refers to the total dollar market value of a company’s outstanding shares of stock. Commonly referred to as “market cap,” it is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share.

At the time of reporting, the market cap of Shiba Inu was at 26.402B. Top Cryptocurrency exchanges where for trading in SHIBA INU stock are currently Binance, Mandala Exchange, OKEx, Huobi Global and FTX.

The Shiba Inu dog inspired millions of people across the world to invest money into tokens with the dog’s image on it. The meme coin which started off to be a Doge Killer has gained speed and value. Initially the tweets and associations with Elon Musk and Vitalik Buterin improved the price, and now the meme coin has developed a momentum of its own.

Shiba is unique because, The SHIBA INU website welcomed dog-inspired artists from across the world to foster the “artistic Shiba movement” thus bringing SHIBA INU community into the NFT market.

SHIBA INU created a campaign with Amazon Smile to collect donations to rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.

For those who do not know, 50% of the total token supply is locked on Uniswap, and they “threw away the keys!” The remaining 50% was been “burned to Vitalik Buterin.” And those who want to know more should google to see what happened to the tokens burned to Vitalik.

Those who are trying to understand Shiba Inu should understand a few other tokens listed on the website LEASH that has “been unleashed and will not rebase,” the BONE, and the “Dogecoin Killer.”

Binance.US expressed:  SHIB is now available for purchase directly with USD on our Buy Crypto portal. Buy Crypto portal allows for easy one-time or reoccurring purchases.

It also helps to know about how Shiba Inu coins are being burned. Many feel that SHIB burning the coins is not a good thing. The circulation of SHIB coins is not decreasing, rather coins are being sent to wallets no one has access too. The more they burn the more supply is coming out and the number of coins keep increasing. Very recently a lot of burns are happening and it just looks like more is coming.

Community Response:  Am I missing something here, all day I sit on here trying to promote SHIB. We have companies asking if they should accept us and do surveys etc, but always don’t do anything.

Don’t invest if you can’t handle the lows. Nothing is promised. Hang in there buy the dips. It’s consolidating right now the bull run is right around the corner