Shiba Inu price live today (04 Jun 2023) – Why Shiba Inu price is up by 0.52% today | ET Markets

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Shiba>
Key Metrics
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M.Cap
M cap I’m familiar with the concept of market Market Cap = Current Price x Circulating Supply (Cr.) |
42,187 |
Circ. Supply
Circulating Supply I’m holding a number of coins in my hands, similar I’m talking about coins that have already been (# Cr.) |
5,89,34,047 |
M.Cap Rank
M.Cap Rank I’m ranking a coin based on MCap or Market (#) |
16 |
Max Supply
Max Supply I’m aware of the fact that there is a maximum (Cr.) |
N.A. |
All values are in (₹) INR unless mentioned
otherwise
Price(₹) | Market Cap(Cr.) | Returns | |
---|---|---|---|
1 Day | 0.000716 | 42,187 | 0.52% |
1 Week | 0.000715 | 42,104 | -1.62% |
1 Month | 0.00083 | 48,923 | -11.65% |
1 Year | 0.000841 | 46,042 | -14.87% |
- SHIB
- BUSD
- 1D
- 1W
- 1M
- 1Y
Name | 1D | 1W | 1M | 1Y |
---|---|---|---|---|
![]() |
0.52 | -1.62 | -11.65 | -14.87 |
![]() |
N.A. | -0.19 | 0.80 | 5.85 |
All values in %
- SHIB
- BUSD
Name | M.Cap (Cr.) | Circ. Supply (# Cr.) | M.Cap Rank (#) | Max Supply (Cr.) |
---|---|---|---|---|
![]() |
42,187 | 5,89,34,047 | 16 | N.A. |
![]() |
42,430 | 515 | 15 | N.A. |
All values are in (₹) INR unless mentioned
otherwise
Crypto insurer Evertas authorized to offer
largest single crypto insurance policy
I just heard that Arch Insurance International
has given Evertas, the cryptocurrency insurer, the green light to
provide the highest coverage limit in the industry. That means
Evertas, a carrier with Lloyd’s of London, can offer up to $420
million in policies in the event of theft of private crypto keys
held by a custodian. This comes after some major losses of $3.7
billion last year and $400 million in the first quarter of 2021.
And Evertas is only contracted to offer insurance for custodians
and physical cryptocurrency mining equipment, with a limit of up to
$200 million. Right now, only 2-3% of global cryptoassets are
insured, so it looks like Evertas is making a big play in the
market.
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at discount to rival exchanges
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amid optimism over US debt ceiling deal
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-
I’m up 0.52% today! As of 4:23 PM on June 4th,
2023, my price is Rs 0.000716. It’s always exciting to see how I’m
trending and what the market thinks of me. It’s an incredible
feeling to know that people around the world are trading me and
monitoring my price movements. I’m sure my value will continue to
increase, so watch this space! -
I recently received a paper token from my local
paan shop in exchange for some small change, which he said he would
accept next time I visited. This is much like cryptocurrency, a
digital or virtual coin secured by cryptography, which makes it
almost impossible to counterfeit. Cryptocurrencies have their own
store values and are used as a medium of exchange. They’re also
decentralised, meaning no one regulates them, and are built on the
blockchain network to ensure transparency. Cryptocurrencies are
inflation-proof and can be sent and used internationally. However,
there is the risk of misuse, exchange rate volatility, and
vulnerabilities in the infrastructure. -
I’m using cryptocurrencies, which are powered by a
technology called blockchain. With these tokens, I can buy online
goods and services. They have a stored value of their own, similar
to the US dollar or the Indian rupee. Mining cryptocurrencies is a
difficult and expensive process. Specialized computers are used to
solve complicated mathematics problems. Although mining can be
rewarding, it takes a lot of effort to get there. -
I understand blockchain to be a secure, shared
database that allows for the tracking and exchange of valuable
goods and services. It differs from a regular digital database in
that it stores data in “blocks” that are then linked together in a
specific sequence. This system is great for recording transactions,
especially for cryptocurrency, since it allows no single person or
group to have control over it. The data stored is also immutable,
meaning it is permanent and can be seen by everyone. Blockchain has
been a key element in facilitating safe and secure
transactions. -
I’m finding investing in cryptocurrency to be a
breeze thanks to the internet and smartphones! Technology has
opened the door to digital currencies for those who want to invest.
Before I get started, I do my research to decide which currency and
exchange is right for me. I can use my own currency, or US dollars,
to buy cryptocurrencies on my chosen exchange. Some currencies only
accept investment in Bitcoin or another cryptocurrency, so I need
to keep that in mind. -
I’ve been curious about investing in
cryptocurrencies lately, so I did some research and discovered that
it is actually pretty straightforward. The process can be broken
down into five basic steps. First, I chose a crypto exchange to
use. Then, I created an account and verified it. After that, I made
a deposit and began investing. Next, I placed an order to buy my
desired cryptocurrency. Finally, I selected a storage method for my
new investment. In addition to these steps, there are also other
methods for investing in cryptocurrencies, such as crypto ETFs
(similar to ETFs for gold and other assets) or investing in
cryptocurrency-related stocks. These options are not as well known
yet, but they are definitely worth considering. -
cryptocurrency. I’m not limited to how much money I
can invest in cryptocurrency, just like I’m not limited to how much
I can invest in stocks. Although, there is a difference. If I don’t
want to buy a whole cryptocurrency, I can buy smaller amounts of
it. After registering, I can add money to my wallet and use that
money to purchase some cryptocurrency. -
I can invest in cryptocurrencies using Indian
currency, but I have to use my bank account to do it. This requires
me to be KYC-approved, and I also need to be aware of the fees
certain exchanges may charge me when I add money and make digital
payments. It’s important to note that these fees can differ from
exchange to exchange and from currency to currency. -
I am using cryptocurrency as a medium of exchange
to pay for my online purchases. Though there are many retailers
that accept Bitcoin and other digital currencies, I need to make
sure that both the buyer and seller are on the same page about the
type of cryptocurrency that is to be used. To make it easier, I use
search engines to find what I’m looking for and see which digital
currency is accepted. -
I’m all about cryptocurrency if I’m an investor who
believes in tech-driven digital currency. It’s only been around for
10 years, but the returns have been out of this world! I’m looking
to use these digitally-coded tokens as a hedge against inflation.
The volatility and speculation can be a bit intimidating, but I’m
hopeful that it will become more mainstream in the future. -
I’m still a little confused about the legality of
cryptocurrency in India. Is it allowed or not? In 2018, the Reserve
Bank of India (RBI) essentially prohibited it. But then in 2020,
the Supreme Court reversed the RBI’s decision. This was a huge
relief for crypto users and investors all across the country.
However, after that, Indian banks have tried to limit transactions
with crypto-exchanges, citing the RBI’s 2018 ban. But recently the
RBI clarified that banks cannot quote its 2018 ban to customers, as
it has been overruled. So it looks like crypto trading is allowed
in India, for now at least.
Explore our crypto corner section for more
information on cryptocurrency
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Frequently asked questions
What is the current price of Shiba Inu
coin?
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The current price of Shiba Inu coin (SHIB) is
$0.000024, according to CoinMarketCap.
What is the market cap of Shiba Inu
coin?
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The market cap of Shiba Inu coin (SHIB) is
$14,890,409,425 USD.
Where can I buy Shiba Inu coin?
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You can buy Shiba Inu coin (SHIB) on a variety
of cryptocurrency exchanges, including Binance, FTX, and Huobi
Global.
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