|24h Vol (Global)||USD|
Follow this real-time Shiba Inu price chart to speculate on the price movements of the SHIB/USD pair. With this convenient live chart, you can view the current SHIB/USD price, analyze the price dynamics, trace historical SHIB to USD exchange rates, build your trading strategy, and trade Shiba Inu with leverage on PrimeXBT.
You are effectively betting on the price movement rather than buying the underlying asset when you trade SHIB/USD rather than investing in it. As a result, the entrance cost implication for a still respectable exposure can be substantially lower. Because your trading gains may be multiplied several times, and your risk is also increased, using leverage reduces your capital requirements even more. The base currency in the SHIB/USD pair is SHIB, while the quote currency is the US dollar. When the price of the SHIB/USD pair is 100, for example, that means that one Shiba token would cost $100 in US dollars.
Shiba Inu (SHIB) is a currency that aims to be an Ethereum-based equivalent to the popular memecoin Dogecoin (DOGE). Unlike Bitcoin, which is intended to be limited, SHIB is supposed to be plentiful, with a total quantity of one quadrillion coins. The Shiba Inu Token ecosystem supports projects like the NFT art incubator and the creation of Shibaswap, a decentralized exchange. Several cryptocurrency exchanges allow you to buy, send, and receive SHIB. SHIB is also compatible with the Ethereum ecosystem because it was created as an Ethereum token.
A US dollar is made up of 100 cents. To distinguish it from other dollar-based currencies, it is designated with the symbol $ or US$. The United States dollar is the most widely used currency in the world and is regarded a benchmark currency.
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