+

Total Market Cap: $2.340T

24h Volume: $31.190B

BTC Dominance: 68.46%

Global Market Sentiment: 29

Average Market Correlation: 0.51

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Shiba Inu

SHIB
Rank #18
$0.00001194

-0.23%

Low:
$0.00001144
High:
$0.00001211
(24h)
Volume 24h
$127,566,568
-35.20%
Circulating Supply
589,250,575,888,408 SHIB
Total Supply
ISSUE TO SOLVE
Max Supply
N.A
Market Cap
$7,036,593,797
Fully Diluted Market Cap
N.A
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
61.57%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.51
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.460
Market Dominance
0.30%
ATL/ATH
$0.00/$0.00
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
41
Information for Shiba Inu
Last News related to Shiba Inu
What is Shiba Inu ?

Overview

Near Protocol (NEAR) is a decentralized application platform designed to make apps similarly usable to those on the web today. Launched in 2020, NEAR Protocol aims to provide a developer-friendly environment with high performance and scalability. It uses a novel consensus mechanism known as Nightshade, which enables high throughput and low fees. NEAR Protocol also focuses on interoperability and ease of use, providing a seamless experience for both developers and users.

Utility

The native token, NEAR, is used to pay for transaction fees and storage on the NEAR platform. It can also be staked by token holders to participate in network validation and earn rewards. NEAR tokens are integral to the platform's governance, allowing holders to vote on key decisions regarding the protocol's development and future direction.

Security

Near Protocol uses a unique consensus mechanism called Nightshade, which involves sharding to increase the network's throughput and scalability. Validators are selected based on their stake in the network, ensuring decentralization and security. The protocol also employs advanced cryptographic techniques and regular security audits to protect the network from attacks and ensure the integrity of transactions.

Supply data provided by CoinGecko API
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