Search Inside Bitcoins

Shiba Inu Marketcap now higher than Deutsche Bank

Shiba Inu Price chart
Shiba Inu Price chart

The Shiba Inu price broke out above $0.00008 this week, a new all time high for the fan favorite meme cryptocurrency, up 75% in the past 24 hours.

On Coinmarketcap.com it has entered the top #10 ranked coins by marketcap, currently ranked 9th with a market capitalization (total value of all coins) of just under $40 billion.

That’s a higher marketcap than some multinational investment banks, e.g. Deutsche Bank has a marketcap of a little under $30 billion and is one of the top 1000 most valuable companies in the world.

Crypto Marketcap

In stocks, marketcap is the total market value of all of a publicly traded company’s outstanding shares and a common measure of its worth and success.

In crypto, marketcap is calculated by multiplying the current coin price by the number of coins in circulation.

The total global marketcap of all crypto is $2.4 trillion, of which Bitcoin’s share is $1.1 trillion. For Shiba Inu to ‘flip’ Bitcoin it would need to overtake that, which is unlikely as it has a higher circulating supply. Considerable profits can still be made from altcoins even if they don’t become ‘the next Bitcoin’.

SHIB overtakes DOGE

Considered by some to be a ‘Dogecoin killer’, Shiba Inu has now met that prediction and overtaken DOGE, which is currently ranked 11th by marketcap.

Dogecoin gained internet fame when popularized by billionaire Elon Musk, who gave a similar boost to SHIB by announcing on Twitter that he had a new dog, a Shiba Inu breed puppy.

The SHIB token has also been mentioned by Bitcoin billionaire Tyler Winklevoss.

Punt Crypto Casino Banner

Investing in Shiba Inu

On social media the potential gains from investing in Shiba are currently trending.

Wall Street and Silicon Valley business news account Morning Brew tweeted out that one investor had secured $8000 worth of SHIB in his wallet last August.

That investment is now worth $5.7 billion in Q4 2021 and may be the most profitable trade in history.

In a viral TikTok investors video, one trader who decided to sell Shiba Inu revealed that his holdings would now be worth $1 billion if he had held.

Buy Shiba Inu

Shiba Inu can be conveniently bought in units of millions on regulated exchange eToro under the ticker SHIBxM.

SHIB is also available on Binance and Coinbase. A petition has been launched for Robinhood to list Shiba Inu.

Bitcoin recently made a new all time high of $67,000 and is currently in a potential buy the dip situation, having corrected to $58,000. Ethereum is at $4,000 having reached $4,375 last week.

Retail investors show no sign of losing interest in cryptocurrency, as it continues to offer higher returns than the S&P 500, Gold and any bank account interest rates.

Its success has caused some investment banks, such as JPMorgan and Goldman Sachs, to finally acknowledge the use case and adoption potential of crypto and DeFi projects, in a reversal of opinion compared to previous years.

$
=
Paxos Standard
Paxos Standard
Paxos StandardPaxos Standard
StellarStellar
XRPXRP
LitecoinLitecoin
EthereumEthereum
Bitcoin CashBitcoin Cash
BitcoinBitcoin
MonaCoinMonaCoin
AugurAugur
Bancor Network TokenBancor Network Token
Golem Network TokenGolem Network Token
MakerMaker
GnosisGnosis
AragonAragon
Basic Attention TokenBasic Attention Token
Status Network TokenStatus Network Token
Crypto.comCrypto.com
StorjStorj
DecentralandDecentraland
UtrustUtrust
Enjin CoinEnjin Coin
ChainlinkChainlink
USD CoinUSD Coin
BitTorrentBitTorrent
HedgeTradeHedgeTrade
QuantQuant
Crypto.com Chain TokenCrypto.com Chain Token
Matic NetworkMatic Network
Ocean ProtocolOcean Protocol
AlgorandAlgorand
SwipeSwipe
Orchid ProtocolOrchid Protocol
Multi Collateral DaiMulti Collateral Dai
CyberVeinCyberVein
Hedera HashgraphHedera Hashgraph
UniBrightUniBright
LoopringLoopring
0x0x
HiveHive
RevainRevain
Nervos NetworkNervos Network
SynthetixSynthetix
TetherTether
CompoundCompound
CeloCelo
KusamaKusama
VergeVerge
TerraTerra
Bitcoin GoldBitcoin Gold
SteemSteem
KomodoKomodo
Ethereum ClassicEthereum Classic
ZCashZCash
VeChainVeChain
ZilliqaZilliqa
TRONTRON
TezosTezos
SiacoinSiacoin
RavencoinRavencoin
QTUMQTUM
OntologyOntology
OMG NetworkOMG Network
NEONEO
NEMNEM
MoneroMonero
LiskLisk
IOTAIOTA
IOS tokenIOS token
ICON ProjectICON Project
FantomFantom
EOSEOS
DogecoinDogecoin
DecredDecred
DashDash
CosmosCosmos
CardanoCardano
BitsharesBitshares
Bitcoin SVBitcoin SV
WavesWaves
yearn.financeyearn.finance
Kyber NetworkKyber Network
PAX GoldPAX Gold
KavaKava
BalancerBalancer
Curve DAO TokenCurve DAO Token
NanoNano
Band ProtocolBand Protocol
UMAUMA
StoxStox
RENREN
RIF TokenRIF Token
Reserve RightsReserve Rights
Energy Web TokenEnergy Web Token
FTX TokenFTX Token
ElectroneumElectroneum
Celsius NetworkCelsius Network
ThorchainThorchain
AaveAave
SerumSerum
SushiSushi
Binance CoinBinance Coin
HeliumHelium
ZBZB
ChilizChiliz
ElrondElrond
AvalancheAvalanche
TomoChainTomoChain
DFI.moneyDFI.money
Bitcoin DiamondBitcoin Diamond
ThetaTheta
Huobi TokenHuobi Token
BlockstackBlockstack
PolkadotPolkadot
StacksStacks
SolaSola
SolanaSolana
StratisStratis
PlusCoinPlusCoin
PolygonPolygon
Machine Xchange CoinMachine Xchange Coin
Uniswap Protocol TokenUniswap Protocol Token
HoloHolo
Wrapped BitcoinWrapped Bitcoin
The GraphThe Graph
DaiDai
xDai ChainxDai Chain
Shiba InuShiba Inu
SafeMoonSafeMoon
1inch1inch
The SandboxThe Sandbox
Axie Infinity ShardsAxie Infinity Shards
Hoge FinanceHoge Finance
Alien WorldsAlien Worlds
Yield Guild GamesYield Guild Games
Ankr NetworkAnkr Network
API3API3
AmpAmp
LivepeerLivepeer
My Neighbor AliceMy Neighbor Alice
Origin ProtocolOrigin Protocol
Hydro ProtocolHydro Protocol
Oasis LabsOasis Labs
RaydiumRaydium
IlluviumIlluvium
Render TokenRender Token
GalaGala
TravalaTravala
PancakeSwapPancakeSwap
Ethernity ChainEthernity Chain
HarmonyHarmony
CartesiCartesi
ImpactImpact
iEx.eciEx.ec
NumeraireNumeraire
aelfaelf
ABBC CoinABBC Coin
ArdorArdor
AmpleforthAmpleforth
ArweaveArweave
Worldwide Asset eXchangeWorldwide Asset eXchange
HorizenHorizen
BytomBytom
Gatechain TokenGatechain Token
JUSTJUST
HyperCashHyperCash
NEXONEXO
Floki InuFloki Inu
1 Providers that match your filters
Sort By
Rating
Rating
Price
1 Providers that match your filters
Payment methods
Features
Usability
Support
Fees
0 or better
Safety
0 or better
Coin selection
0 or better
Rating
0 or better
Rating
for $1000 you get82357398.1651 SHIB
Features
Easiest to deposit
Most regulated
Copytrade winning investors
Fees
Safety
Coin selection
for $1000 you get82357398.1651 SHIB
68% of retail CFD accounts lose money.
Features
Instant verificationFor beginnersWallet ServiceMobile App
Payment methods
Credit CardGiropayNetellerPaypalSepa TransferSkrillSofort

Read next

X

eToro - Best Cryptocurrency Platform

eToro - Best Cryptocurrency Platform

eToro - Best Cryptocurrency Platform

Buy Crypto

68% of retail investor CFD accounts lose money.

eToro - Best Cryptocurrency Platform
Buy Crypto

68% of retail investor CFD accounts lose money.

X