Add as a preferred source on GoogleOct. 23 Data Put Shiba Inu Market Cap at $2.91B, Shibarium TVL at $46,364
The Oct. 23 market-cap figure was below $3.02 billion on Oct. 16. Shibarium’s TVL counts assets in tracked decentralized finance protocols.
Shiba Inu (SHIB) had a market capitalization of $2.91 billion in the Oct. 23 UTC-dated record, while protocols tracked on Shibarium held $46,364 in total value locked (TVL).
The figures cover different parts of the ecosystem. SHIB’s market capitalization reflects the token’s market value, while TVL measures assets in decentralized finance (DeFi) applications tracked on Shibarium. It does not represent the network’s valuation or all assets and activity on the network.
The Oct. 23 market-cap figure was below the Oct. 16 reading, which was $3.02 billion, up from $2.99 billion on Oct. 15.
Shibarium is an Ethereum Layer 2 network with chain ID 109. BONE is its currency and native gas token.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.