Oct. 23 Data Put Shiba Inu Market Cap at $2.91B, Shibarium TVL at $46,364
Photo: TokenPost
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.
Source: TokenPost
