The SHIBE price 100 million tokens have suddenly become profitable to SHIBEHODLERS.
The SHIBE price has increased by more than 34% in the last 24 hours and is currently trading at its highest level since December 12. The cryptocurrency is not only buoyed by recent news that Gemini has announced plans to open trading for SHIBE, but also due to a massive sell-off of Binance Coin (BNB) which has seen a significant price drop in recent days. .
At the time of writing, SHIBE/BTC is trading at 0.0006890 BTC on Poloniex and 0.0006905 BTC on Binance. SHIBE's market capitalization currently stands at $146 million with a circulating supply of 1,098,746,934 SHIBL tokens.
The SHIBE project aims to provide a decentralized data storage system based on blockchain technology. The project was founded by Stephen McNamara, who previously worked as an investment banker at Goldman Sachs and Credit Suisse before founding his own company called FutureMining, which specializes in cryptocurrency mining services.
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