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Cryptocurrencies/Coins/SHIBA INU (SHIB)
SHIBA INU price, market cap on Coin360 heatmap


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0.0594 SAT
Market Cap (Rank#14)
326,161 BTC
Vol 24h
15,943 BTC
Circulating Supply
Max Supply
21h agocryptodaily
Uniglo (GLO) Will Outclass Shiba Inu’s (SHIB) And Cronos’ (CRO) Burn Rate By Leaps And Bounds
If you're looking for a new crypto project that has incredibly strong burn tokenomics, you're in the right place. Recently entering its first pre-sale phase, GLO has been getting a lot of attention from onlookers and industry experts. That's because it offers a ton of technical strength that solves key issues in the crypto world. It's also because the crypto space is currently primed for the "next big thing" in digital currency, and many analysts believe GLO could be that next big thing. It's a great opportunity for new investors to get involved in the project at the very start, and hopefully enjoy its rise all the way up to the top of the altcoin charts. Experts believe that's more than possible with GLO. And burn rates play an important part in the ecosystem and development of any cryptocurrency. That's because a coin that becomes more limited in supply over time is one that has the best potential to grow and gain in price. Taking tokens out of supply is crucial because it helps combat issues in the fiat world like rampant inflation. New dollars can be printed whenever deemed necessary, and this puts more of the currency into supply and makes each existing dollar worth less over time. So a crypto with good burn mechanics achieves the opposite ---supply is limited over time, the currency becomes more scarce, and the value of existing tokens goes up. So good burn infrastructure is crucial to the success of a coin, and its ability to grow. GLO has all that infrastructure and more, which is why many analysts are touting it as a must-buy for your portfolio. Let's look at why in more detail: Uniglo (GLO) Uniglo has perhaps the best burn mechanics the industry has ever seen. That's because it uses a unique "dual-burn" system to continuously remove tokens from supply at an extremely high rate. GLO tokens are burnt on every transaction, and more tokens are even periodically bought back by the GLO treasury to also burn. This double burn system continues to make GLO more scarce and drive up the price for early adopters. It's also why getting in early is key with GLO. You get a great price, and a token that will continue to become more scarce. Shiba Inu (SHIB) Shiba Inu has recently started rewarding users who decide to give up their tokens for burns. This has increased burn rates considerably, and builds more fundamentals into an already popular project. But while these burn tokenomics are good, they aren't quite as sustainable as with GLO. Cronos (CRO) CRO also has ambitious burn plans, aiming to burn 70 million coins. This has made fans of the project even bigger fans, and could help the altcoins rise to prominence in the space. But it doesn't quite have the burn credentials that GLO offers. GLO's burn mechanics outpace all main rivals. And as one of the best new tokens in crypto, it's one you should take a look at immediately. Find Out More Here: Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
1 day agocryptodaily
Shiba Inu and Carlossy Caterpillar – Fast Rising Cryptocurrencies with Exciting Reward Features
The Shiba Inu (SHIB) cryptocurrency has been making a name for itself in the crypto sector. This meme coin is one of the few digital currencies to experience a significant increase in price within a brief period. Carlossy Caterpillar (CARL) may become the next Shiba Inu (SHIB) token. Like the Shiba Inu (SHIB) ecosystem, it is based on its large crypto community. This community is made up of individuals who love the underlying meme that inspired the creation of the cryptocurrency. Like the Shiba Inu token, Carlossy Caterpillar (CARL) has many utilities that it offers its users. This article will closely examine the features of the Shiba Inu (SHIB) and the Carlossy Caterpillar (CARL) Meme Coins, highlighting their similarities and differences. First, let's do a quick overview of these two meme coins. An Overview of the Shiba Inu’s (SHIB) Ecosystem Shiba Inu (SHIB) is an Ethereum blockchain-based crypto project. It is one of the numerous dog-themed cryptocurrencies. This crypto project intends to mimic the success of the Dogecoin (DOGE) cryptocurrency. Shiba Inu (SHIB) started its operations in August 2020 as a complete community-based cryptocurrency. As a meme coin, the value of Shiba Inu is closely linked to the hype within its crypto community. Thus, Shiba Inu experienced a surge in price when crypto enthusiasts bought the tokens due to its hype to be the next Dogecoin (DOGE). Being an Ethereum-based cryptocurrency, all transactions within the Shiba Inu ecosystem attract an exorbitant gas fee which must be paid in ETH tokens. Like every meme coin, Shiba Inu’s developers significantly improve the utilities currently offered. One of the most recent developments is its decentralized exchange. Shiba Inu users can now swap their crypto assets easily using the Shibaswap. This DEX also provides opportunities to purchase SHIB, and other tokens within the Shiba Inu ecosystem. An Overview of the Carlossy Caterpillar (CARL) Ecosystem Carlossy Caterpillar (CARL) is a cryptocurrency based on a popular internet meme. It used the trend around the meme as an impulse to launch its cryptocurrency. Carlossy Caterpillar's (CARL) aim is to attract individuals who are familiar with the Carlossy Caterpillar memes. It also appeals to crypto enthusiasts looking to buy into a meme coin project. Carlossy Caterpillar (CARL) also intends to build a strong crypto community around its cryptocurrency. CarlossyCaterpillar (CARL) is hosted on the Binance Smart Chain network. It uses this solid blockchain to offer its users the following utilities - Fast transaction processing rate, low transaction fees and Interoperability with the Ethereum blockchain. Additional features of the CarlossyCaterpillar (CARL) Meme Coin Users within the Carlossy Caterpillar (CARL) ecosystem can utilize its native BEP-20 token. This token serves multiple purposes. Firstly, through Governance. Carlossy Caterpillar (CARL) gives its holders permission to participate in governing the project. CARL token holders can drop suggestions, and vote on proposals to decide on future modifications. Secondly, Staking. As a proof-of-stake cryptocurrency, CarlossyCaterpillar (CARL) can be staked to support smooth transactions within the platform. And lastly, Yield farming - This allows Carlossy Caterpillar (CARL) token holders to earn moderate to high rewards, by providing liquidity for the token on popular platforms like Pancakeswap. These liquidity providers will also receive accumulated returns over time. The CARL token is the native currency used within the Carlossy Caterpillar ecosystem. However, unlike Shiba Inu (SHIB), it is yet to be listed on crypto exchanges. The Carlossy Caterpillar (CARL) token will undergo a token presale phase as a new cryptocurrency. This will allow early adopters to get this token at a discounted price. In addition to the reduced price, presale participants have several opportunities to earn more CARL tokens. For example, in addition to the 20% bonus on the first purchase, participants also receive a 15% bonus for completing their purchase using ETH tokens. They also get $35 worth of tokens when they invite others to the presale, and the requested individual purchases at least $100. Shiba Inu experienced a massive increase in its price as the value of its tokens increased by 60000000% over last year. Carlossy Caterpillar (CARL) intends to replicate the growth for CARL. This could be a great time to purchase the new crypto tokens in its presale at a lower price, and you stand to potentially gain a large return in the future. To find out more about Carlossy Caterpillar (CARL), visit the links below: Carlossy Caterpillar (CARL) Presale: Website: Telegram: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
1 day agocryptodaily
Crypto Enthusiasts Predict Zompot, Shiba Inu, and Zilliqa are poised for a crypto rally in the future
Today, cryptocurrencies are the envy of every investor in the global financial services sector. Their popularity is in stark contrast to the caution that people observed while approaching these blockchain-based assets until a few years ago. As factors like advancements in blockchain technology, regulatory support, and the digital push in the wake of the pandemic bolstered their grip on the market, cryptocurrencies left seasoned investors impressed with promising returns. If you are searching for assets that can fetch decent returns even when you see crypto prices going down, you should start by researching some of the leading names like Zompot(ZPOT), Shiba Inu (SHIB), and Zilliqa (ZIL). Zompot (ZPOT) Is Tackling Blockchain Security Launched in 2022, the decentralised cryptocurrency is built on Binance Smart Chain and caters to a multitude of financial purposes like swapping and trading. Zompot has its own native token called ZPOT that can be used for various transactional purposes like staking, liquidity pool provisioning, and yield farming Interested buyers can purchase it on presale. Given the popularity of metaverse solutions, the creators of Zompot designed it as a futuristic digital asset which will be available for trading in metaverse too. Over time, the ZPOT Token can be instrumental in addressing the problem of monetary shortage in the virtual economy. Users within the zompot platform would be able to trade and generate wealth by trading metaverse-compatible cryptocurrencies. As far as security is concerned, Zompot has all corners covered. With a host of robust security and privacy features, Zompot is striving to solve privacy and security challenges that often riddle cryptocurrency platforms. Even as transactions are conducted between pseudonyms in the case of most cryptocurrencies, the information stored on a public ledger may be misused by malicious actors. To ramp up security by tackling the problem, Zompot unlinks transactions from the origin of the payment point via the decentralised anonymous payment (DAP) schemes. Under the DAP schemes, users get to pay other users either directly or privately while hiding the payment amount, selected destination, and the point of origin. The ZPOT token has a total supply of 500,000,000 units and is built on a niche model that curbs inflationary tendencies while keeping price fluctuations to the minimum. The token supply has been distributed under different heads to ensure that the platform's development can continue while ensuring ample liquidity during various phases of Zompot'sgrowth. For instance, 5% of the token supply is reserved for its legal development and 10% of the supply has been set aside for marketing activities. Another 35% of the collective token supply has been allocated for public sales and an extra 15% for private sales. Shiba Inu (SHIB) Is Demonstrating Success With Meme Coins Shiba Inu is among the earliest meme currencies to have made a splash in the world. Like most meme coins, Shiba Inu was also inspired by a meme that was developed in jest. By tokenising its value, Shiba Inu's creators were able to create a formidable meme coin that has patrons spread across the world. It has its own native token SHIB that can be used for transactional purposes like staking, liquidity provisioning, yield farming, and token swapping, among others. The token can be bought and sold at ShibaSwap. It can also be found on Uniswap and the list of exclusive cryptocurrency centralised exchanges. Zilliqa (ZIL) Is Building High-Performance dApps Zilliqa is a one-stop-shop for the various tools that developers need for building powerful and highly scalable dApps. The blockchain-powered system has its own native token ZIL that can be used for a range of transactional obligations that one may encounter on the platform. With its niche system of smart contracts that offers unmatched levels of privacy and security, the platform pulls out all stops to protect investor interests. If you are looking forward to adding a token to your crypto wallet or portfolio during this crypto winter, SHIB and ZIL might be a good option. Nevertheless, cryptocurrency ethicists predict that ZPOT will ascend to the top once it launches in the market. Join Zompot Token (ZPOT)’s Presale: Presale: Website: Telegram: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
1 day agocryptodaily
Shiba Inu and Persystic: What Role Does Social Media Play In The Development Of These Cryptocurrencies?
Although there are many new crypto projects joining the market daily, not all of them survive and thrive in the growing crypto industry. Many projects fall through because of the lack of utility and innovation. Shiba Inu (SHIB) is among the cryptocurrencies that started as a joke and thus is called a meme coin. However, the project has a strong social media presence and a dedicated community, which are significantly supportive of SHIB’s value and growth potential. Persystic (PSYS) is a new addition to the crypto market and is about to impress the crypto community with its innovative offering and an established roadmap. Learning about new promising cryptocurrencies is beneficial to any crypto enthusiast, and here is why this crypto newcomer may have a bright future ahead. The Potential Behind SHIB Community Shiba Inu (SHIB) is a revolutionary meme coin that aims to provide utility to its users and build an incredible metaverse platform backed by a strong community. Shiba Inu is often dubbed “Dogecoin’s Killer”, but many crypto experts now believe that Shiba Inu’s future is incomparable to any other meme coin. Recently, SHIB became the second largest holding of Ethereum whales - large crypto holders - who now have a significant influence on the value of SHIB. Despite dropping 90% of its value in the most recent crypto crash, SHIB is now expected to follow a path to recovery. Shiba Inu’s competitive advantage is deemed to rise from its affluent social media presence. SHIB has an astounding following on multiple social media platforms, and its updates often are followed by hype from its fans. Shibaverse is the next-generation metaverse project by Shiba Inu’s team. Additionally, SHIB’s team has several developments coming up, including Shiba Inu Games and Shibarium, among others, and some of them could be rolled out by the end of 2022 or 2023. Persystic (PSYS) To Bring Social Networking To The Next Level A new and exciting crypto project Persystic (PSYS) is building on Binance Smart Chain (BSC) and will be interoperable with Ethereum Virtual Machine (EVM), meaning that the BEP-20 token standard will implement the functionality of Ethereum’s ERC-2016. The developer team intends to ensure that Persystic always runs smoothly and efficiently. Being powered by Binance Smart Chain will help them achieve this goal while also enabling easier adoption of different extensions and seamless integration of cross-chain smart contract capabilities. Persystic (PSYS) is a new social media network that intends to use decentralisation to restore people's rights to free expression and content ownership. There are several advantages that blockchain technology can provide to make social media a safer place while also allowing content producers to monetise their content, and Persystic understands thus will offer outstanding income possibilities for the users. Persystic’s technology will enable users of this social network to save their material permanently. The development team promises that users will be given complete control over the distribution of their content since only they will be able to share it and profit from their work. To learn more about the new project, check out the links below. Presale: Website: Telegram: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
3 days agocryptodaily
10x During Inflation? Only In DeFi: Uniglo (GLO), Shiba Inu (SHIB), Binance Coin (BNB) Explained

Double-digit inflation currently ravages most economically developed countries and has dominated headlines globally. People have seen their purchasing power drastically reduced, and if they have not seen wage increases in line with inflation, they have taken a significant pay decrease. In this troubled economic time, one sphere continues to develop and grow increasingly fertile: DeFi (decentralised finance). This nascent economic sphere is continuously evolving and increasing its value proposition as it becomes a viable opponent of TradFi (traditional finance) and ushers in a new age of transparent and more equitable finance. The potential for growth in DeFi is incredible, and many investors see huge gains on their investments. Uniglo (GLO), Shiba Inu (SHIB), and Binance Coin (BNB) have been earmarked by several crypto analysts to enjoy serious gains in the coming months. Uniglo (GLO)Uniglo represents a new approach to currency. With inflation destroying the actual value of fiat and market volatility making crypto a highly unstable store of value, the need for a new store of value became glaringly apparent. GLO is a community-owned currency that builds on the strategy employed by the rich to preserve their wealth; asset ownership. Uniglo features buy and sell taxes, 5% goes to the treasury fund to acquire a blend of digital, real-world, and NFT assets to give GLO a stable value-backed floor price, and 2% of each transaction is burnt. This hyper-deflationary token backed by tangible assets is a perfect hedge against inflation. The Uniglo vault will hold stablecoins to protect against volatility, large-cap cryptos to benefit from long-term price appreciation and a selection of high-end physical investments that ordinary investors typically cannot access due to capital requirements. In the prevailing market conditions, the potential for Uniglo to grow is colossal, and this crypto is one of the most exciting prospects for 2022. Shiba Inu (SHIB)Shiba Inu’s native DEX (decentralised exchange) Shibaswap continues to attract increasing amounts of capital, and the other ecosystem tokens, BONE & LEASH, are being used to generate revenue. The SHIB Army are busy earning yields. With promises of a new decentralised stablecoin and a collectable card game soon to be released, this DeFi ecosystem is flourishing. SHIB is undergoing a massive burn event with more than 400 trillion tokens burnt and counting. With a drastically reduced supply, the token’s price is being pushed up and is an excellent choice for investors who want to partake in the lucrative realm of DeFi. Binance Coin (BNB)BNB is the utility token of Binance, the world’s leading exchange ranked by volume, and the native token of the BSC (Binance Smart Chain), the second largest ecosystem within DeFi. This token sits fifth ranked by market cap and is what many analysts call a ‘blue chip’ crypto project. With Binance holding a quarterly burn, the total supply of BNB is decreasing. This token opens the door for the investor to participate in the BSC ecosystem, which hosts PancakeSwap, the most popular DEX by visitor count. Here investors can earn yield with their digital assets, and BNB, trading at $284, will meet its next critical resistance at $336. The bulls are in control, and the next bull market cycle promises incredible gains for BNB holders. Find Out More Here Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
4 days agocryptodaily
X Open Hub Adds 30 New Cryptocurrencies and 2 Emerging Market Indices to its Vast Asset List
Global provider of cutting-edge liquidity and technology solutions for financial institutions, X Open Hub has announced additions to its vast multi-asset offerings. The company has introduced 30 new cryptocurrencies and two emerging market indices, CH50cash and IND50cash, to the 5000+ global instruments it already offers. With 12+ years experience offering world-class technology and transparent liquidity solutions for banks and brokers, X Open Hub is committed to supporting financial firms. The company aims to help them achieve cost-optimized business models through improved operational efficiency and increased profitability. The Crypto Winter Is Ending Say AnalystsDespite the ongoing cryptocurrency winter, millennials and Gen Zs are increasingly looking at digital assets for investment purposes. A rise in awareness and education regarding this class of assets, along with their low correlation with price moves in traditional investment instruments, has been driving this interest. Increasing regulatory oversight across numerous countries is expected to lend stability to the digital asset class. Additionally, the rise of DeFi projects is also likely to drive interest in cryptocurrencies. Moreover, the decline in crypto prices in recent months has many investors wondering whether to buy the dip before the crypto winter ends. Historically, there have been four such crypto winters, including the current one. Each time, the market has reversed within around a year. So, investors might be looking at acquiring digital currencies while the prices are still low and before the market begins to rise once again. X Open Hub Adds 30 New CryptosBrokers are increasingly looking at offering their clients opportunities to trade the most popular and promising digital currencies. X Open Hub has added 30 new cryptocurrencies to its already long list of crypto offerings. The new crypto offerings available through X Open Hub’s liquidity solution are extensive and include: AAVE, ALGORAND, APECOIN, CHILIZ, COSMOS, CRONOS, CURVEDAO, DECENTRALAND, DYDX, ELROND, FANTOM, FILECOIN, FTX, GALA, GRAPH, INTERCOMP, IOTA, KILOSHIB, KYBER, MAKER, METAL, NEO, SANDBOX, STEPN, SUSHI, TRON, VECHAIN, WAVES, ZCASH and ZILLIQA. “We believe brokers need to stay abreast of trends and should perceive a wide range of cryptocurrencies as an additional tool to attract new customers or manage their retention. In the last quarter, we devoted a lot of attention to developing our asset class offering and equipping our partners with all the tools necessary to remain competitive in the market,” stated Michael Copiuk, CEO of X Open Hub. IND50cash and CH50cash X Open Hub has also added the IND50cash and CH50cash indices to its liquidity offerings. The IND50cash is based on the Nifty 50, the benchmark index that includes 50 of the most profitable companies across 12 sectors listed on the Indian stock markets. This makes it a well-diversified index. Alternatively, the CH50cash, is based on the China A50, a pan-China benchmark index that includes the top 50 companies, based on market cap, listed on the Shanghai and Shenzhen stock exchanges. A Global Leader Established in 2010, X Open Hub is the institutional arm of the XTB, which is listed on WSA and licensed across multiple jurisdictions, including the UK FCA, CySEC, IFSC, FSCA, and more. XOH has created a niche by providing complete front- and back-end technology and responsive support to propel growth for financial firms. X Open Hub’s solutions include deep institutional liquidity on more than 5,000 global instruments, including indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a powerful white label platform that can be fully customised and branded for each brokerage. X Open Hub also offers multiple integration options to ease operations for brokers, such as FIX protocol, xAPI, MT4/MT5 Bridge or Gateway, and integration with Prime XM, Gold-I, oneZero, and more. This has helped the company gain over 100 clients across more than 30 countries within a decade of being launched. Speak to the X Open Hub Team about cryptocurrencies and emerging market indices. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
4 days agocryptodaily
Uniglo (GLO) Offers An Amazing Roadmap And Whitepaper That Could Compete With Shiba Inu (SHIB) And Fantom (FTM)

Hidden crypto gems. Small cap crypto projects that go on to become giants in the sphere. Everyone knows the famous Bitcoin pizza story where one man traded 10,000 Bitcoins for two pizzas. Long-term holders of BTC have grown incredibly wealthy, specifically those who bought in prior to 2013. However, as Bitcoin has matured as an asset, its old mania phases have disappeared. The new projects with insane growth potential are all small cap altcoins, and this is where investors must search if they want to find the next hidden crypto gem. Two classic examples are Fantom (FTM), traded at $0.01 at the start of 2021 and hit a peak of $3.40 later that year in November, and Shiba Inu (SHIB), which saw gains of more than 46,000,000% in 2021.A new Ethereum-based protocol called Uniglo could be the next crypto unicorn with an impressive whitepaper and roadmap. This new social currency could outpace both Fantom and Shiba Inu; currently, in its presale, Uniglo has the potential to be a top gainer in 2022. Uniglo (GLO)Uniglo is a community-owned token backed by a treasury. This year has seen inflation soar and massive price volatility in the digital asset sphere. With a choice between fiat with its constantly eroding value or cryptocurrency with huge volatility, investors struggle to find any store of value where they can preserve their wealth. Uniglo builds on the techniques used by the ultra-wealthy for generations, storing wealth in assets, and uses blockchain technology to introduce a new form of currency. The GLO token will have a tangible asset backing with the Uniglo Vault holding a range of digital, real-world, and NFT assets. The Vault will hold stablecoins to protect against volatility, large-cap cryptos such as BTC & ETH to benefit from long-term price appreciation, digitised gold, and as asset tokenisation grows in popularity, more and more real-world collectables. The GLO token represents a treasury that allows investors to preserve their wealth and derive the benefits of asset appreciation. This new token will launch in Q4 later this year, and it could be one of the most exciting launches of 2022. Fantom (FTM)An established player in the DeFi (decentralised finance) ecosystem, Fantom’s mainnet, the Opera Network, is favoured by DeFi enthusiasts and has one of the most colourful ecosystems of any layer one project. This ultra-scalable network quickly powered its way through the rankings in 2021 as more and more investors and developers flocked to the Opera Network.FTM, the native token, currently trades at $0.32, and although the current price is still a great entry point, those lucrative early gains have already disappeared.Shiba Inu (SHIB)Shiba Inu is a token that dominated headlines across the world in 2021. It is a brilliant example of market psychology. SHIB enjoyed a meteoric rise on the back of two events, the rumour that RobinHood would list it and Elon Musk tweeting about the token.SHIB certainly still has potential, but the probability of it making another blistering run like 2021 is low. The early adopters have been rewarded; gains can still be made, but life-changing gains cannot be. Find Out More Here Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
8 days agocointelegraph
Binance Card users now have access to XRP, SHIB and AVAX
Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others.
10 days agocryptodaily
Gucci Now Accepting ApeCoin
Fashion brand Gucci has announced that it is adding ApeCoin to its list of accepted cryptocurrencies. Gucci Customers Can Pay With APE Gucci will now be accepting APE payments. The luxury fashion house announced the news via its Twitter handle on Tuesday, revealing that the fashion house has started accepting ApeCoin payments as ‘yet another step in the House’s exploration of Web3.’ The announcement revealed that customers could pay in ApeCoin via the BitPay app for in-store purchases at certain Gucci boutiques and retail outlets across the United States. This means that APE will join a series of other leading cryptocurrencies that are already accepted as payments at Gucci stores. The ApeCoin crypto was launched in March 2022 by Yuga Labs, which is the entity behind the wildly popular Bored Ape Yacht Club NFTs. Since then, it has seen a rapid rise in popularity, owed partly to its connection with the sought-after NFT collection. Gucci’s Crypto Advances The House of Gucci has been making decisive steps of advancements into the Web3 space. The fashion giant has been dipping its toes in the NFT waters and has also entered several Web3 deals with companies like 10KTF, SUPERPLASTIC, and SuperRare. In May 2022, the brand started accepting cryptocurrencies as payment for in-store purchases at specific outlets in the US. Some of these accepted cryptocurrencies include the popular Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Litecoin, Shiba Inu, and several stablecoins. The brand has also entered the metaverse with the virtual Gucci Garden that was launched on Roblox in 2021 and has since attracted millions of visitors. It even successfully sold a virtual designer purse on the platform at a rate higher than the actual price of the original purse. Other metaverse conquests for Gucci include designing ‘skins’ for the digital avatars on Pokemon Go and Animal Crossing and purchasing virtual land in The Sandbox. Web3 Attracts Luxury Brands Besides Gucci, other fashion brands are also embracing crypto and Web3. Most recently, luxury fashion retailer Philipp Plein announced crypto payment options for his upcoming store in London’s Mayfair. Other luxury brands are also adapting themselves to leverage web3 for enhanced customer experiences. For example, to mark the occasion of its 22nd anniversary, luxury brand VERTU Paris partnered with Binance to launch the new VERTU Constellation X Ulm smartphone through an exclusive sales process. Swiss watchmaker TAG Heuer has also launched a smartwatch feature that will allow owners to display their NFT collections. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10 days agocryptodaily
Next-Gen Multimedia Blockchain Platform, CRETA, Enters the Japanese Market With a New Establishment of Creta Inc.
CRETA, a global game/content creators' metaverse platform, has announced establishing a local corporation in Shibuya, Tokyo that is poised to boost the company’s presence in the global video games industry. By incorporating the metaverse platform in Japan, the company aims to leverage the opportunities present in the local market, employing vetted game development talent and facilitating the growth of the tight-knit blockchain community. CRETA, built off on the next-generation L1 blockchain technology Locus Chain, is seeking to exclusively release a new version of the acclaimed video game title "Kingdom Under Fire" and one of the most popular games in Asia, "Fortress". Through the establishment of Japanese local branch, the company aims to expand its lineup of high-quality games and bring together a large number of industry-renowned game creators and companies to get a foothold into the evolving metaverse market. To celebrate the CRETA’s new establishment in Japan, its kick-off event was privately held on July 11th, 2022, with video games connoisseurs getting together to laud the incorporation of the entity. Some of the guests attending the event were Mr. Shuji Utsumi, Vice Chairman of SEGA, Mr. Yoji Ishii, producer of the "Sonic" series, Mr. Naoto Ohshima, graphic & game designer of the “Sonic” series, Mr. Masamitsu Shiino, COO of Yield Gaming Guild (YGG), Mr. Oji Hiroi, the original comic book author and game creator of "Sakura Wars" and "Skura Taisen", an executive from Okakichi Corporation, founded by Yoshiki Okamoto, the original creator of the record-breaking games "Street Fighter" and "Monster Strike", and other executives from Disney Japan, Bandai Namco, and Microsoft Japan. Ray Nakazato, CEO of Creta Inc. Japan and Chief Creative Officer for the entire platform, commented, "I am positively amazed that the CRETA project even at its early stage has been apple to generate so much buzz and engaged so many forward-thinking veterans of the gaming industry under one roof. Apparently, it is a solid signal that the Japanese industry leaders are also thinking very positively about the effects that the nexus of blockchain technology and video games can bring. Through the synergy of Locus Chain's leading blockchain technology and building a pipeline of high-quality games, CRETA will no doubt get the largest stake in this nascent metaverse market within a short period of time." Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 days agocryptodaily
Degrain (DGRN) Will Overtake Solana (SOL) and Shiba Inu (SHIB) in 2023 While Presale Phase One Sells Out In Less Than Two Weeks
The popularity of cryptocurrency presales last year gave investors a compelling option to learn about intriguing projects before they go public. Although presales include a certain amount of risk, they can offer great rewards when a project succeeds. This article will analyze the best cryptocurrency presales to invest in for 2022, highlighting the three projects garnering the most interest. Degrain (DGRN) has been tipped to rise over 8,000% by the end of 2022. Solana (SOL) struggling to reach its ATH, won’t happen in 2022 Anatoly Yakovenko developed the Solana (SOL) blockchain project to address scalability issues without compromising security or decentralization. The primary factor that makes this feasible is Solana's (SOL) minimal mempool of transactions, which enables the blockchain's breakneck processing speeds while theoretically increasing the number of transactions at a fantastic 710.000 tps. Solana (SOL) is the fastest permissionless blockchain in the world thanks to its unique hybrid consensus approach, which combines a proof-of-history (PoH) consensus with the blockchain's underlying proof-of-stake (PoS) consensus. Shiba Inu (SHIB) sees holders mass sell to buy into Degrain Shiba Inu's (SHIB) ongoing burning campaigns continue to be one of the most pleasing and most effective ways to assist the cryptocurrency on the market because the supply owned by smaller investors is still unacceptably high and preventing the token from recovering some of its lost market value. Shiba Inu (SHIB) has been fiercely competing for market share in recent months thanks to several strong rallies that had the potential to return the token to the green market zone. However, the meme token Shiba Inu (SHIB)was under intense selling pressure, which caused it to drop back to absurdly low prices. Shiba Inu (SHIB)has entered a chart pattern that may help predict when the coin will again see substantial volatility. Due to low trading volume and volatility, the present surge could terminate at anytime. Degrain (DGRN) tipped to be the best investment of 2022 The recently launched Degrain (DGRN)is everything you've been looking for if you enjoy having the option to trade NFTs across various chains. The platform created a great impression on July 7th by selling 11.4 million Degrain (DGRN) tokens in under a minute of its pre-launch. The platform also provides fractionalized NFTs and astonishingly low trading fees. You can now benefit from increased liquidity and participate in NFT trades previously out of your price range. With good cause, Degrain (DGRN)is quickly developing into a destination for investors in 2022. You may participate in one of the latest and most exciting virtual currency breakthroughs for just $0.06. Trading analysts, who have already begun to recognize the truth, forecast an 8,000 percent increase before the end of 2022. Liquidity will be locked for ten years, the smart contract has passed its audit and the team will be unable to sell any tokens for 365 days. We chose Degrain (DGRN) as the best investment cryptocurrency this year. Website: Presale: Telegram: Twitter: Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
12 days agocointelegraph
Nifty News: Dr Disrespect unveils NFT game to mixed reaction, FC Barcelona's first NFT sells for $700K and more…
Shib Eternity unveiled as the name of Shiba Inu’s upcoming mobile NFT game, and Funko will launch sets of NFT packs depicting Avatar character collectibles.
16 days agocryptosrus
Ethereum Whales Are Preying On These Two Surprising Altcoins
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21 day agozycrypto
Shiba Inu Flips Tron (TRX) As SHIB’s Metaverse Gathers Pace
The upsurge in SHIB's market cap can be traced to recent bullish events...
22 days agocryptopotato
Vitalik Buterin Funded AI Research Grant with Last Year’s Shiba Inu Donation
Vitalik Buterin thanked the entire cryptocurrency community for the donation, which made the funding of an AI research grant possible.
23 days agozycrypto
Ethereum Founder Vitalik Buterin Shares Sincere Thanks To Shiba Inu Community. Here’s Why
Ethereum inventor Vitalik Buterin yesterday expressed gratitude to the Shiba Inu (SHIB) community for helping...
23 days agocoindesk
Vitalik Buterin Thanks Shiba Inu Community as Grant Program Begins
Buterin used part of the shiba inu tokens sent to him by developers as a gift to fund the fellowship.
24 days agonulltx
ShibaSwap Cryptocurrency Exchange Review (2022)
Whether you’re a new or seasoned cryptocurrency enthusiast, chances are you’ve heard of Shiba Inu (SHIB), a meme token that went viral in Q4 2021 and saw insane price growth. Shiba Inu made millionaires overnight, and those looking to capitalize on the dog-themed meme coin hype hopped on the trend. While Shiba Inu started as […] The post ShibaSwap Cryptocurrency Exchange Review (2022) appeared first on NullTX.
29 days agocointelegraph
Price analysis 7/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin and many altcoins are back at key overhead resistance levels, but will bulls gather enough momentum to produce a sustained breakout?
29 days agocryptopotato
Nobody Cares About Shiba Inu (SHIB) Anymore, And There’s a Reason For It (Opinion)
Nine months after reaching its all-time high (ATH), interest in Shiba Inu (SHIB) has practically disappeared. That's not without reason.
31 day agocointelegraph
Price analysis 7/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
Bitcoin price saw a brief pull-back following today’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip.
32 days agocryptopotato
Shiba Inu Price Analysis: SHIB Crashes 10% Over the Weekend, Here’s the Next Target
Shiba Inu failed to break above the key resistance and crashed by 10% in two days. Key Support level: $0.000010, $0.000008 Key Resistance level: $0.000012, $0.000014 The price formed a large inverted head and shoulders structure, with the neckline mirroring the key resistance at $0.000012. Unfortunately for the bulls, SHIB was sharply rejected at this […]
33 days agocointelegraph
Price analysis 7/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in?
33 days agozycrypto
Shiba Inu Primed For Strong Recovery As Ecosystem Mulls Introducing Stablecoin Before Year-End
Shiba Inu may be gearing up for an earth-shattering comeback following a plan to launch a stablecoin for the ecosystem later this year.


The live price of SHIBA INU (SHIB) today is 0.000015 USD, and with the current circulating supply of SHIBA INU at 549,063,278,876,301.94 SHIB, its market capitalization stands at 8,029,788,527 USD. In the last 24 hours SHIB price has moved -0.00000007 USD or -0.01% while 146,631,220 USD worth of SHIB has been traded on various exchanges. The current valuation of SHIB puts it at #14 in cryptocurrency rankings based on market capitalization.

Learn more about the SHIBA INU blockchain network and how it works or follow the price of its native cryptocurrency SHIB and the broader market with our unique COIN360 cryptocurrency heatmap.

Launched as an ERC-20 token on the Ethereum blockchain in August 2020, Shiba Inu coin (SHIB) is one of the two most popular canine-themed meme coins. Shiba cryptocurrency gained quick popularity as a potential ‘Dogecoin Killer’ post its launch and continues to rival Dogecoin (DOGE).

Initially, many believed that Vitalik Buterin was the actual creator of SHIB until he denied any such involvement during a Lex Friedman podcast in June 2021. The general consensus today is that SHIB was created by an anonymous person with the pseudonym, "Ryoshi. Like Bitcoin’s founder Satoshi Nakamoto, not much is known about Ryoshi either. According to his blog, he is “just some guy of no consequence tapping at a keyboard”.

Shiba Inu has a maximum supply of 1 quadrillion tokens, half of which were initially sent over to Ethereum co-founder Vitalik Buterin. 

Whilst Shiba Inu began its journey as a decentralized meme token, it has gradually evolved into a vibrant ecosystem, comprising two more crypto assets — LEASH and BONE and the ShibaSwap DEX, along with the Shiba Incubator and Shiba Inu Rescue Association.

SHIB price

Shiba Inu coin price in USD terms didn’t witness any noteworthy price action after its release, with Shiba price range-bound within $0.00000000016 to around $0.000000000056 till Nov. 28, 2020.

SHIB price chart mostly moved sideways up until February of 2021. Thereafter, buoyed by market-wide positive sentiment, and SHIB listings on multiple exchanges like BKEX, MXC, BitMart, BitForex, and KuCoin, the token registered a strong rally to reach around $0.00004 on May. 10, 2021. 

At that point, SHIB’s fully diluted valuation was over $13.5 billion. It was also the month when many other cryptocurrencies, including Ethereum, were recording their own respective all-time highs. Thereafter, Shiba price dipped along with the crypto market.

As can be seen in our SHIB live price chart, the token’s price sprung back to life only around October 2021. Making the most of the overall bullish market sentiment, Shiba coin registered an all-time high of over $0.000088 on October 28, 2021 — rising more than 8,000% since April 2021.

How SHIB works

Being an ERC-20 token, SHIB uses Ethereum’s proof-of-work consensus mechanism and can be held in any Ethereum-compatible crypto wallet. Each SHIB transaction is processed on the Ethereum blockchain and is subject to gas fees.

Apart from transfers between wallets, SHIB coin can be exchanged with other popular cryptocurrencies on ShibaSwap, Shiba Inu’s native decentralized exchange (DEX).

The token is also being increasingly adopted as an acceptable means of payment at online and offline merchant establishments across the world. These include the likes of ARTLy, Shiba Coffee Company, Spada Diamonds, CoinVPN, ExpressVPN and SHIB holders can also stake their tokens to earn passive income.

SHIB news, updates and highlights

The most noteworthy SHIB price movements are witnessed on the heels of adoption-related developments, ecosystem updates, burn announcements and industry-wide regulatory changes. For instance, Coinbase, the largest crypto exchange in the US, listed SHIB on Sept. 16, 2021, boosting SHIB price prior to its massive rally.

SHIB price mainly surged in October 2021 and famously created a billionaire who got covered by many news publications. Essentially, Shiba Inu coin's price had risen so much that a wallet that had purchased $8,000 worth of SHIB in August 2020 was found to be worth around $5.7 billion in October 2021, as the token’s value was up by over 7,000,000% percent since its debut.

In Q1 2022, the Shiba Inu team announced its own metaverse called SHIB: The Metaverse. According to a blog post on the ShibaSwap website, this metaverse will offer a massive environment for the Shiba Inu community. More importantly, all native tokens – SHIB, LEASH and BONE – will play a key role in the virtual world.

Frequently asked questions about SHIB

  • Can you mine or stake SHIB?

You cannot mine SHIB as all tokens were pre-mined, however, you can stake SHIB to earn staking rewards.

  • What are some of the best SHIB wallets?

Whilst any Ethereum-compatible wallet will hold your SHIB tokens, MetaMask is the most popular choice for SHIB storage. It is also recommended by the token’s official website. Other compatible wallets include Ledger Nano X/S, Trezor, Atomic Wallet and Exodus Wallet.

  • What can you do with SHIB?

You can use SHIB at various online/offline merchants to pay for goods and services. It’s also commonly used to earn staking rewards and for trading against other popular crypto coins like BTC, ADA, SOL and ETH.

  • How to buy SHIB?

The easiest and quickest way to buy SHIB is through ShibaSwap, the SHIB ecosystem’s native DEX. The token can also be purchased from an ever-growing list of centralized exchange platforms (CEXs).

SHIBA INU Price0.000015 USD
Market Rank#14
Market Cap8,029,788,527 USD
24h Volume392,504,019 USD
Circulating Supply549,063,278,876,301.94 SHIB
Max Supply1,000,000,000,000,000 SHIB
Yesterday's Market Cap6,934,141,400 USD
Yesterday's Open / Close0.000013 USD / 0.000013 USD
Yesterday's High / Low0.000013 USD / 0.000013 USD
Yesterday's Change
-0.01% ( 0.00000007 USD )
Yesterday's Volume146,631,220 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
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