Shiba Inu has quickly gained popularity in the cryptocurrency world, largely due to its vibrant community and energetic marketing efforts. Often dubbed the "Dogecoin killer," it capitalizes on the meme culture that has become prevalent in the digital asset space. Despite being a meme coin, Shiba Inu has been working on expanding its ecosystem with ventures such as a decentralized exchange and a dedicated NFT platform.
more informationGems VIP is an emerging cryptocurrency that aims to revolutionize the way digital assets are traded and valued. With a focus on community engagement and innovative financial solutions, it offers users a unique opportunity to participate in the evolving landscape of decentralized finance. The project emphasizes transparency and user empowerment, appealing to both seasoned investors and newcomers alike.
more information
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General Information |
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Title
Shiba Inu
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Title
Gems VIP
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Symbol
shib
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Symbol
gems
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Whitepaper
-
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Whitepaper
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Website
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Website
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Community
-
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Community
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Last Updated
2025-03-14 23:59
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Last Updated
2024-11-06 23:55
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Price Data |
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Current Price $
1.28E-5
$
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Current Price $
0.236304
$
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High 24h
1.289E-5
$
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High 24h
0.257629
$
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Low 24h
1.2E-5
$
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Low 24h
0.19927
$
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Price Change 24h
7.95067E-7
$
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Price Change 24h
0.02706324
$
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Price Change % 24h
6.62215
%
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Price Change % 24h
12.93405
%
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Market Data |
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Market Cap
7546270577
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Market Cap
93081737
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Total Volume
189223545
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Total Volume
9493027
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Market Cap Change 24h
472430924
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Market Cap Change 24h
10904714
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Market Cap Change % 24h
6.67856
%
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Market Cap Change % 24h
13.26978
%
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Return on Investment (ROI)
-
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
5.892529863486E+14
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Circulating Supply
393868903.45879
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Total Supply
5.8950690081617E+14
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Total Supply
838793459.25242
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Max Supply
-
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Max Supply
-
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Historical Data |
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All Time High (ATH)
8.616E-5
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All Time High (ATH)
0.320234
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ATH Change %
-85.10978
%
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ATH Change %
-26.14098
%
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ATH Date
2021-10-28 03:54
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ATH Date
2024-10-18 18:32
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All Time Low (ATL)
5.6366E-11
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All Time Low (ATL)
0.027646
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ATL Change %
22760326.3002
%
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ATL Change %
755.53775
%
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ATL Date
2020-11-28 11:26
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ATL Date
2024-08-05 06:26
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Shiba Inu (SHIB) has captured the headlines and the imaginations of both amateur and professional investors alike. As a decentralized meme token that emerged as a rival to Dogecoin, Shiba Inu has developed a strong community and an interesting market presence. But beyond the recent buzz, what makes Shiba Inu stand out in the cryptocurrency universe?
Launched in August 2020 by an anonymous creator known as "Ryoshi," Shiba Inu is an Ethereum-based token that falls under the category of meme coins. It was designed with the intention of being an "experiment in decentralized spontaneous community building." Unlike many early-stage cryptocurrencies, SHIB is not hosted on its unique blockchain but leverages Ethereum's robust network for security and functionality.
One significant advantage of Shiba Inu is its strong community backing, commonly referred to as the "ShibArmy." This active and enthusiastic group has managed to create mainstream awareness similar to other successful projects. Additionally, being built on the Ethereum network allows Shiba Inu to participate in the broader DeFi ecosystem and future upgrades to Ethereum.
Shiba Inu's accessibility is another key advantage. Its low pricing and listing on multiple popular exchanges make it more accessible to small investors who may be interested in buying large quantities without the necessity of significant capital.
However, Shiba Inu is not without its challenges. Its strong correlation with meme culture makes it highly susceptible to volatility, driven by social media trends rather than underlying technological or economic fundamentals. This unpredictable nature can deter institutional investors who prefer less speculative assets.
Furthermore, the uncapped total supply of SHIB might become an issue in the long term. A deflationary tokenomy often attracts investors looking to hedge against inflationary assets, and Shiba Inu's inflation could make the currency less appealing if there's an overabundance in circulation.
SHIB saw an astronomical rise in value at the height of the meme coin mania around October 2021, reaching an all-time high (ATH) of $0.00008616. However, the coin experienced a significant setback, dropping approximately 79% from its ATH, as of the latest data. Despite these fluctuations, the token has delivered returns since its all-time low (ATL) in November 2020, illustrating a remarkable gain of over 31,546,127%, according to historical data.
As for future predictions, Shiba Inu could benefit from key developments within its ecosystem, such as the anticipated release of Shibarium, its Layer 2 solution aimed at improving transaction speeds and lowering gas fees. Additionally, ongoing projects like the ShibaSwap platform for decentralized exchange could fuel continued interest and usage.
However, much of its future will likely hinge on broader market conditions and investor sentiment towards meme coins. Even as Shiba Inu aims to build-in utility and differentiate itself, potential investors should be mindful of the speculative nature of the asset and its associated risks.
In conclusion, while Shiba Inu remains a fascinating component of the cryptocurrency landscape, it requires careful consideration of its pros and cons. It stands as a testament to the power of community-driven ventures but also serves as a cautionary tale for volatility and speculation inherent in the world of meme coins.
Gems VIP (GEMS) is an intriguing cryptocurrency that has garnered attention for its strong social presence and defined utility in the marketplace. As we explore this digital asset, we'll discuss its advantages and disadvantages, historical performance, and future outlook in the rapidly evolving crypto landscape.
Since its inception, Gems VIP has seen a notable journey marked by significant milestones. In the last few months, the coin reached an all-time high (ATH) of $0.320234 on October 18, 2024, showcasing a promising interest and increasing demand. However, it has also experienced considerable fluctuations, with an all-time low (ATL) of $0.027646 recorded on August 5, 2024. This positions the coin with a remarkable increase of approximately 856.89% from its ATL. Currently priced at $0.264074, Gems VIP exhibits a slight decline of approximately 17.39% from its ATH.
One of the most significant advantages of Gems VIP is its robust community and social engagement, which can significantly impact its adoption and market presence. The project actively maintains a professional image through platforms such as LinkedIn, allowing for effective communication and community building.
Furthermore, Gems VIP benefits from a fairly significant market cap of approximately $103.9 million, indicating a substantial level of trust and investment by the crypto community. Additionally, its total supply of over 838 million coins suggests a balanced approach to inflation and scarcity, which may appeal to potential investors.
Despite its promising aspects, Gems VIP also faces several challenges. The recent price fluctuations may deter new investors, as stability often plays a critical role in investment decisions. The price change of approximately -0.63% in the last 24 hours also indicates volatility that investors need to be cautious about.
Moreover, the market cap change of -0.68% in the same timeframe suggests a potential downturn in investor confidence. Such factors can impact the coin's long-term viability and make it essential for stakeholders to stay informed about market conditions and overall project developments.
Looking ahead, the future of Gems VIP appears to hinge on its ability to enhance utility and continue fostering community engagement. The success of cryptocurrencies often correlates with their real-world applications and the problems they aim to solve. If Gems VIP can effectively leverage its community and deliver on its promises outlined in the whitepaper, it could see further growth in adoption.
Additionally, as more institutions and retail investors enter the crypto sphere, coins like Gems VIP have the potential to carve out a niche market for themselves. The ability to maintain momentum and build on past successes will be vital for the sustainability of the project in an increasingly competitive environment.
Gems VIP presents a fascinating case study within the cryptocurrency market. While it offers compelling advantages and has demonstrated significant price growth from its past lows, it also faces inherent challenges typical of the cryptocurrency landscape. Investors and community members alike should analyze both the current market conditions and future developments to make informed decisions regarding their involvement with Gems VIP.