Shiba Inu Coin Price on Crypto.com: A Comprehensive Guide
Greetings, readers! Welcome to an extensive exploration of the Shiba Inu coin price on Crypto.com. Join us as we delve into the intricacies of this popular cryptocurrency, providing you with valuable insights and guidance.
Understanding the Shiba Inu Coin
Shiba Inu, playfully known as “Dogecoin’s little brother,” emerged in the cryptocurrency market in 2020. Inspired by the popular “Doge” meme, Shiba Inu quickly gained traction among crypto enthusiasts and investors. The coin’s value has experienced both astonishing heights and sharp dips since its inception.
Shiba Inu Coin Price on Crypto.com
Crypto.com is one of the leading global cryptocurrency exchanges, offering a wide range of digital assets for trading. Shiba Inu is available on Crypto.com, and its price is influenced by various market factors, including supply and demand, news and events, and overall market sentiment.
Tracking the Shiba Inu Coin Price
Crypto.com provides real-time price tracking for Shiba Inu against popular fiat currencies such as USD, EUR, and GBP. You can monitor price movements through the Crypto.com website or mobile app, staying informed about the latest market trends.
Market Analysis and Predictions
Cryptocurrency markets are highly volatile, and the price of Shiba Inu is no exception. Expert analysts and traders offer their insights and predictions on the future direction of the coin’s price. While it’s impossible to predict with certainty, these forecasts can provide valuable information for making informed investment decisions.
Factors Affecting Shiba Inu Coin Price
The price of Shiba Inu is influenced by a complex interplay of factors, including:
Supply and Demand: The availability of Shiba Inu coins in the market influences its price. Increased demand for the coin can drive its price higher, while increased supply can lead to a price decrease.
News and Events: Positive news and events surrounding Shiba Inu, such as partnerships or exchange listings, can positively impact its price. Conversely, negative news or events can trigger a sell-off, leading to a price decline.
Market Sentiment: The overall market sentiment towards cryptocurrencies can affect the price of Shiba Inu. Bullish sentiment drives up prices, while bearish sentiment leads to price drops.
Shiba Inu Coin Price Charts and Historical Data
Crypto.com provides historical price charts for Shiba Inu, allowing you to track its price movements over various time frames. These charts are essential for understanding price patterns, identifying trends, and making informed trading decisions.
Price Charts
Crypto.com’s price charts for Shiba Inu display the coin’s price fluctuations over time. You can choose from different timeframes, such as 1 hour, 1 day, 1 week, or 1 month, to analyze price movements at specific intervals.
Historical Data
Historical data for Shiba Inu on Crypto.com includes detailed information on the coin’s price, trading volume, market capitalization, and other metrics. This data allows you to conduct in-depth price analysis, compare historical price patterns, and make more informed investment decisions.
Shiba Inu Coin Price Table
| Date | Price (USD) | Trading Volume | Market Cap |
|---|---|---|---|
| January 1, 2022 | $0.000034 | $220,000,000 | $14,000,000,000 |
| February 1, 2022 | $0.000042 | $300,000,000 | $17,000,000,000 |
| March 1, 2022 | $0.000063 | $400,000,000 | $26,000,000,000 |
| April 1, 2022 | $0.000078 | $500,000,000 | $31,000,000,000 |
| May 1, 2022 | $0.000095 | $600,000,000 | $39,000,000,000 |
Note: Prices and data are for illustrative purposes only and may vary in real-time.
Conclusion
We hope this comprehensive guide has provided you with a clearer understanding of the Shiba Inu coin price on Crypto.com. Remember, cryptocurrency markets are inherently volatile, and the price of Shiba Inu can fluctuate significantly. By staying informed, monitoring price charts, and conducting thorough analysis, you can make more informed trading decisions.
Check out our other articles for further insights into Shiba Inu and other cryptocurrencies. Happy crypto adventures, readers!
FAQ about Shiba Inu Coin Price on Crypto.com
What is Shiba Inu coin?
Shiba Inu coin is a decentralized cryptocurrency based on the Ethereum blockchain. It was created in August 2020 and has since become one of the most popular cryptocurrencies in the world.
Why is Shiba Inu coin so popular?
Shiba Inu coin is popular due to its low price, high supply, and positive community. The coin is also supported by several exchanges, including Crypto.com.
What is the price of Shiba Inu coin today?
The current price of Shiba Inu coin on Crypto.com is $0.00001066.
What is the all-time high price of Shiba Inu coin?
The all-time high price of Shiba Inu coin was $0.00008848, which was reached on October 27, 2021.
What is the all-time low price of Shiba Inu coin?
The all-time low price of Shiba Inu coin was $0.0000000001, which was reached on November 9, 2020.
How can I buy Shiba Inu coin on Crypto.com?
To buy Shiba Inu coin on Crypto.com, you will need to create an account and deposit funds. Once your account is funded, you can place a buy order for Shiba Inu coin.
How can I sell Shiba Inu coin on Crypto.com?
To sell Shiba Inu coin on Crypto.com, you will need to create an account and deposit your coins. Once your coins are deposited, you can place a sell order for Shiba Inu coin.
What are the fees for buying and selling Shiba Inu coin on Crypto.com?
The fees for buying and selling Shiba Inu coin on Crypto.com are 0.1%.
Is Shiba Inu coin a good investment?
Whether or not Shiba Inu coin is a good investment is a matter of opinion. Some people believe that the coin has the potential to increase in value, while others believe that it is a risky investment.
What is the future of Shiba Inu coin?
The future of Shiba Inu coin is uncertain. The coin’s price has been volatile in the past, and it is possible that it will continue to be volatile in the future.