$SHIB Shiba Inu's current price is $0.00001224, with a 2.42% increase over the last 24 hours. Its market capitalization stands at $7.21 billion. Here are some key updates ¹:
- *Current Price*: $0.00001224
- *Market Cap*: $7.21 billion
- *24-hour Trading Volume*: $195.39 million
- *Circulating Supply*: 589.25 trillion SHIB
- *Max Supply*: 589.55 trillion SHIB
*Recent Developments:*
- *Shibarium Milestone*: Shiba Inu's Shibarium has reached a significant milestone, although specifics are not available.
- *Bullish Divergence*: Analysts predict a potential 156% rally after confirming a bullish divergence.
- *Interim President Election*: Shiba Inu is set to appoint an interim president, which could impact the community and the token's price.
- *New Burn Mechanism*: A new SHIB burn mechanism has been announced through a gaming push, potentially reducing the token's supply.
- *Price Predictions*: Some analysts predict Shiba Inu could reach $0.00008845 or even $0.00045 in the future, while others believe it may surge to $0.01 or higher ².