Convert and Swap SHIBA INU SHIB to United Arab Emirates Dirham AED
SHIB/AED: 1 SHIBA INU equals AED 0.000083 AED
Last update: 11:24 PM, December 23, 2024
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SHIBA INU is falling this week.
The current price of SHIBA INU is AED 0.000083 per SHIB. With a circulating supply of 589,255,470,641,977.5 SHIB, it means that SHIBA INU has a total market cap of AED 48,882,294,493.23. The amount of SHIBA INU traded has risen by AED 362,029,981.71 in the last 24 hours, which is a 13.75% increase. Additionally, in the last day, AED 2,633,201,686.04 worth of SHIB has been traded.
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About SHIBA INU
Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.
SHIBA INU (SHIB) is a decentralized, community-driven cryptocurrency that has captured the attention of millions worldwide. Launched in late 2020, this Ethereum-based token has rapidly grown into a global phenomenon. SHIB is unique in its approach to decentralization, aiming to operate without central leadership. The token was created under the pseudonym "Ryoshi" who, much like Bitcoin's elusive creator, remains largely unknown. Ryoshi's vision for SHIBA INU was to test if a decentralized organization could function effectively without a central figurehead, a concept that has resonated with a vast community of holders.
SHIBA INU operates as an ERC-20 token based on the Ethereum blockchain, a proof-of-work system transitioning to proof-of-stake. The token's supply was initially divided, with 50% locked on Uniswap and the remaining 50% sent to Ethereum co-founder Vitalik Buterin. In a surprising move, Buterin donated a significant portion of his SHIB tokens to a Covid relief fund and burned the rest, effectively removing them from circulation. This act of burning tokens is a common practice in the crypto world, aiming to reduce the total supply of tokens and potentially increase their value. SHIBA INU also has its own decentralized exchange, ShibaSwap, where users can trade between tokens.
SHIBA INU seeks to establish itself as more than just a token. It aims to create an entire ecosystem, with plans to develop SHI, an algorithmic stablecoin pegged to one cent. This could potentially serve as a global exchange of value, providing a store of value and method of payment for users worldwide. SHIBA INU also has its own decentralized exchange, ShibaSwap, and plans to develop a financial ecosystem where SHI would be added as a weighted pool pair. Furthermore, SHIBA INU is increasingly being adopted as a form of payment by retailers, demonstrating its growing acceptance and utility in the real world.
SHIBA INU was created anonymously in August 2020 under the pseudonym "Ryoshi." The token quickly gained traction, attracting a community of investors drawn to its unique approach to decentralization and its charming dog-themed branding. In mid-2021, Ryoshi stepped away from the project, leaving the token entirely in the hands of the community. This move was in line with Ryoshi's original vision for SHIBA INU, which was to test if a decentralized organization could function without central leadership. Despite initial skepticism, the experiment proved successful, and SHIBA INU has since grown into a global phenomenon, with a community of millions of holders worldwide.
How SHIBA INU and United Arab Emirates Dirham differ
SHIBA INU (SHIB) and United Arab Emirates Dirham (AED) are two distinct forms of currency, each with its unique characteristics. SHIBA INU is a decentralized, community-driven cryptocurrency that operates on the Ethereum blockchain, aiming to function without central leadership. Launched in 2020, it has rapidly grown into a global phenomenon, with a vast community of holders. SHIBA INU seeks to establish an entire ecosystem, with plans to develop an algorithmic stablecoin and its own decentralized exchange, ShibaSwap. On the other hand, the United Arab Emirates Dirham (AED) is a traditional, government-issued currency, regulated by the Central Bank of the UAE. It is a centralized form of currency, with its value determined by the UAE government's monetary policies. Unlike SHIBA INU, the AED does not operate on a blockchain, nor does it aim to create a decentralized ecosystem. Instead, it serves as a standard medium of exchange, store of value, and unit of account within the UAE.
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The exchange rate of SHIBA INU is increasing.
The current value of 1 SHIB is AED 0.00 AED. In other words, to buy 5 SHIBA INU, it would cost you AED 0.00 AED. Inversely, AED 1.00 AED would allow you to trade for 12,092.30 SHIB while AED 50.00 AED would convert to 604,615.25 SHIB, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.34%. Meanwhile, in the last 24 hours, the rate has changed by 4.5%, and that the the highest exchange rate of 1 SHIB to United Arab Emirates Dirham was AED 0.000084 AED and the lowest 24 hour value was 1 SHIB for AED 0.000077 AED. This time last month, the value of 1 SHIB was AED 0.00 AED, which is a 14.19% increase from where it is now. Looking back a year, SHIBA INU has changed by AED 0.00 AED.
SHIB to AED performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
AED 0.000080 AED | 4.50% | AED 0.000100 AED | -16.34% | AED 0.000095 AED | -14.19% | AED 0.000041 AED | 93.82% |
SHIB to AED
Amount | Today at 11:24 pm |
---|---|
0.5 SHIB | AED 0.000041 |
1 SHIB | AED 0.000083 |
5 SHIB | AED 0.000413 |
10 SHIB | AED 0.000827 |
50 SHIB | AED 0.004135 |
100 SHIB | AED 0.008270 |
500 SHIB | AED 0.041349 |
1,000 SHIB | AED 0.082697 |
AED to SHIB
Amount | Today at 11:24 pm |
---|---|
0.5 AED | 6,046.15 SHIB |
1 AED | 12,092.30 SHIB |
5 AED | 60,461.52 SHIB |
10 AED | 120,923.05 SHIB |
50 AED | 604,615.25 SHIB |
100 AED | 1,209,230.50 SHIB |
500 AED | 6,046,152.48 SHIB |
1,000 AED | 12,092,304.95 SHIB |
Today vs. 24 hours ago
Amount | Today at 11:24 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SHIB | AED 0.000041 | AED 0.000039 | +4.91% |
1 SHIB | AED 0.000083 | AED 0.000079 | +4.91% |
5 SHIB | AED 0.000413 | AED 0.000394 | +4.91% |
10 SHIB | AED 0.000827 | AED 0.000788 | +4.91% |
50 SHIB | AED 0.0041 | AED 0.0039 | +4.91% |
100 SHIB | AED 0.0083 | AED 0.0079 | +4.91% |
500 SHIB | AED 0.0413 | AED 0.0394 | +4.91% |
1,000 SHIB | AED 0.0827 | AED 0.0788 | +4.91% |
Today vs. 1 month ago
Amount | Today at 11:24 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 SHIB | AED 0.000041 | AED 0.000048 | -13.15% |
1 SHIB | AED 0.000083 | AED 0.000095 | -13.15% |
5 SHIB | AED 0.000413 | AED 0.000476 | -13.15% |
10 SHIB | AED 0.000827 | AED 0.000952 | -13.15% |
50 SHIB | AED 0.0041 | AED 0.0048 | -13.15% |
100 SHIB | AED 0.0083 | AED 0.0095 | -13.15% |
500 SHIB | AED 0.0413 | AED 0.0476 | -13.15% |
1,000 SHIB | AED 0.0827 | AED 0.0952 | -13.15% |
Today vs. 1 year ago
Amount | Today at 11:24 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SHIB | AED 0.000041 | AED 0.000020 | +103.38% |
1 SHIB | AED 0.000083 | AED 0.000041 | +103.38% |
5 SHIB | AED 0.000413 | AED 0.000203 | +103.38% |
10 SHIB | AED 0.000827 | AED 0.000407 | +103.38% |
50 SHIB | AED 0.0041 | AED 0.0020 | +103.38% |
100 SHIB | AED 0.0083 | AED 0.0041 | +103.38% |
500 SHIB | AED 0.0413 | AED 0.0203 | +103.38% |
1,000 SHIB | AED 0.0827 | AED 0.0407 | +103.38% |
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