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SHIB/BDT: Convert SHIBA INU (SHIB) to Bangladeshi Taka (BDT)

1 SHIBA INU equals BDT 0.0023 Bangladeshi Taka

Last update: 3:51 PM, July 16, 2024

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Overview

About SHIBA INU (SHIB)

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 (SHIB) and Bangladeshi Taka (BDT) differ

SHIBA INU (SHIB) and Bangladeshi Taka (BDT) 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, striving to function without central leadership. Launched in 2020, it has rapidly grown into a global phenomenon, with its creator, known only as "Ryoshi," remaining largely unknown. SHIBA INU aims to establish an entire ecosystem, with plans to develop an algorithmic stablecoin and its own decentralized exchange, ShibaSwap. On the other hand, the Bangladeshi Taka is the official currency of Bangladesh, a physical currency regulated by the country's central bank. Unlike SHIBA INU, the Taka is centralized, with its value and circulation controlled by the government. It's used for traditional transactions within Bangladesh and doesn't operate on a blockchain. While SHIBA INU seeks to provide a global exchange of value and a method of payment for users worldwide, the Taka primarily serves the local economy of Bangladesh.

SHIBA INU Markets

SHIBA INU is climbing this week.

The current price of SHIBA INU is BDT 0.0023 per SHIB. With a circulating supply of 589,270,744,013,934.1 SHIB, it means that SHIBA INU has a total market cap of BDT 1,343,126,061,400.02. The amount of SHIBA INU traded has risen by BDT 146,406,671,236.57 in the last 24 hours, which is a 163.38% increase. Additionally, in the last day, BDT 89,610,765,387.67 worth of SHIB has been traded.

Market cap

$1.3T

Volume (24h)

$89.6B

Circulating supply

589.3T SHIB

FAQ

How much is 1 SHIBA INU in BDT?

Right now, 1 SHIBA INU is worth about BDT 0.0023.

How much SHIB could I buy for 1 BDT?

Based on the current rate, you could get 437.09 SHIB for 1 BDT.

How much has the price of SHIBA INU changed?

SHIBA INU price has been on the rise. Since yesterday, the exchange rate of SHIBA INU has increased. Since last month, the exchange rate of SHIBA INU has decreased. Since this time last year, the price of SHIBA INU has increased.

How do I calculate or convert SHIB to BDT?

You can use our SHIB to BDT calculator at the top of this page to convert any amount of SHIB to BDT. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BDT is equivalent to 2,185.44 SHIB. Inversely, 5 SHIB will cost about 0.01 BDT.

How can I buy 1 SHIBA INU on Coinbase?

SHIBA INU is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SHIBA INU.

What are assets similar to SHIBA INU that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to SHIBA INU, including TRON, Chainlink, and Polkadot. For a more robust list of assets to explore, jump to the asset page dedicated to SHIBA INU.

Conversion tables

The exchange rate of SHIBA INU is increasing.

The current value of 1 SHIB is BDT 0.00 BDT. In other words, to buy 5 SHIBA INU, it would cost you BDT 0.01 BDT. Inversely, BDT 1.00 BDT would allow you to trade for 437.09 SHIB while BDT 50.00 BDT would convert to 21,854.42 SHIB, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 18.99%. Meanwhile, in the last 24 hours, the rate has changed by 7.72%, which means that the the highest exchange rate of 1 SHIB to Bangladeshi Taka was 0.000020175 BDT and the lowest 24 hour value was 1 SHIB for 0.000017965 BDT. This time last month, the value of 1 SHIB was BDT 0.00 BDT, which is a 7.42% increase from where it is now. Looking back a year, SHIBA INU has changed by -BDT 0.00 BDT.

SHIB to BDT

Amount
Today at 3:51 pm
0.5 SHIB
BDT 0.0011
1 SHIB
BDT 0.0023
5 SHIB
BDT 0.0114
10 SHIB
BDT 0.0229
50 SHIB
BDT 0.1144
100 SHIB
BDT 0.2288
500 SHIB
BDT 1.1439
1,000 SHIB
BDT 2.2879

BDT to SHIB

Amount
Today at 3:51 pm
0.5 BDT
218.54 SHIB
1 BDT
437.09 SHIB
5 BDT
2,185.44 SHIB
10 BDT
4,370.88 SHIB
50 BDT
21,854.42 SHIB
100 BDT
43,708.84 SHIB
500 BDT
218,544.19 SHIB
1,000 BDT
437,088.39 SHIB

Today vs. 24 hours ago

Amount
Today at 3:51 pm
24 hours ago
24H Change
0.5 SHIB
BDT 0.0011
BDT 0.0011
+7.72%
1 SHIB
BDT 0.0023
BDT 0.0021
+7.72%
5 SHIB
BDT 0.0114
BDT 0.0106
+7.72%
10 SHIB
BDT 0.0229
BDT 0.0212
+7.72%
50 SHIB
BDT 0.11
BDT 0.11
+7.72%
100 SHIB
BDT 0.23
BDT 0.21
+7.72%
500 SHIB
BDT 1.14
BDT 1.06
+7.72%
1,000 SHIB
BDT 2.29
BDT 2.12
+7.72%

Today vs. 1 month ago

Amount
Today at 3:51 pm
1 months ago
1M Change
0.5 SHIB
BDT 0.0011
BDT 0.0012
-7.42%
1 SHIB
BDT 0.0023
BDT 0.0025
-7.42%
5 SHIB
BDT 0.0114
BDT 0.0124
-7.42%
10 SHIB
BDT 0.0229
BDT 0.0247
-7.42%
50 SHIB
BDT 0.11
BDT 0.12
-7.42%
100 SHIB
BDT 0.23
BDT 0.25
-7.42%
500 SHIB
BDT 1.14
BDT 1.24
-7.42%
1,000 SHIB
BDT 2.29
BDT 2.47
-7.42%

Today vs. 1 year ago

Amount
Today at 3:51 pm
1 year ago
1Y Change
0.5 SHIB
BDT 0.0011
BDT 0.000464
+146.69%
1 SHIB
BDT 0.0023
BDT 0.000927
+146.69%
5 SHIB
BDT 0.0114
BDT 0.0046
+146.69%
10 SHIB
BDT 0.0229
BDT 0.0093
+146.69%
50 SHIB
BDT 0.11
BDT 0.0464
+146.69%
100 SHIB
BDT 0.23
BDT 0.0927
+146.69%
500 SHIB
BDT 1.14
BDT 0.46
+146.69%
1,000 SHIB
BDT 2.29
BDT 0.93
+146.69%

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