$SHIB Coin Overview*
Shiba Inu (SHIB) is a cryptocurrency token built on the Ethereum platform, launched on July 31, 2020. It's currently ranked #26 with a market capitalization of $7.7 billion and a circulating supply of 589 trillion tokens.
*Key Features:*
- *Community Driven*: SHIB thrives on its strong, dedicated community known as the "Shiba Army".
- *Decentralized Exchange*: SHIB powers ShibaSwap, offering features like staking, swapping, and liquidity pools.
- *Low Price Entry*: SHIB offers a low barrier to entry due to its very low per-token price.
*Market Performance:*
- *Current Price*: $0.0000131
- *24h Volatility*: 0.1%
- *Burn Rate*: Recently surged by 16,855.93% with 602 million tokens burned in 24 hours
*Investment Insights:*
- *Growth Potential*: SHIB has potential for long-term growth, driven by community support and ecosystem development.
- *Market Volatility*: Prepare for potential price fluctuations ¹ ².
