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How many Shiba Inu coins are currently in circulation?

avatarKarabadji AhmedDec 26, 2021 · 3 years ago3 answers

Can you tell me the current total supply of Shiba Inu coins in circulation? I'm interested in knowing the exact number of coins available for trading and how it may impact the market. Thank you!

How many Shiba Inu coins are currently in circulation?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! As of now, there are approximately 500 trillion Shiba Inu coins in circulation. This large supply is due to the intentional decision of the developers to create a meme token with a high total supply. The availability of such a large number of coins may lead to increased volatility in the market, as it can be easily influenced by buying and selling pressure. It's important to consider this factor when making investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    Hey there! The current total supply of Shiba Inu coins in circulation is around 500 trillion. That's a huge number, right? The developers behind Shiba Inu intentionally created a large supply to make it more accessible and affordable for everyone. However, such a high supply can also lead to increased price volatility. So, keep an eye on the market and make informed decisions!
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a well-known cryptocurrency data provider, the current total supply of Shiba Inu coins in circulation is approximately 500 trillion. This number is subject to change as new coins are minted or burned. The large supply of Shiba Inu coins can have an impact on the market dynamics, as it may affect the token's price and liquidity. It's always a good idea to stay updated with the latest information before making any investment decisions.