Shibarium (SHIBAR) is a cryptocurrency token operating on the Binance Smart Chain (BSC) as a BEP-20 standard asset. Designed to function within a decentralized financial ecosystem, it aims to facilitate programmable payments and support open financial infrastructure development. The token has a fixed total supply of 8.1 billion units, all of which are currently in circulation.
This guide provides a detailed overview of Shibarium (SHIBAR), covering its market data, technical specifics, and practical usage. Whether you're researching, trading, or simply curious about this token, you'll find essential information here.
Understanding Shibarium (SHIBAR)
Shibarium operates as a decentralized payment network that reimagines traditional financial stacks on the blockchain. It utilizes a set of algorithmically stabilized assets to enable programmable transactions. As of recent data, the network has facilitated significant transaction volumes, showcasing its growing adoption.
Core Token Details
- Token Type: BEP-20
- Blockchain: Binance Smart Chain (BSC)
- Total Supply: 8,100,000,000 SHIBAR
- Circulating Supply: 8,100,000,000 SHIBAR
- Contract Address:
0x44B2E4B8902BDd3EACAAE20bA8F8C828C54C68d4
Market Performance and Statistics
Staying informed about real-time market data is crucial for any cryptocurrency participant. The following metrics provide a snapshot of SHIBAR's market status.
- Current Price: $0.00
- 24h Trading Volume: $0.00
- Market Capitalization: $0.00
- 24h High/Low: Not Available
- All-Time High/Low: Not Available
- Price Change (24h): 0.00%
- Trading Activity (24h): Not Available
For the most current liquidity and volume metrics, you can check real-time token analytics.
Understanding Market Metrics
- Market Cap: Represents the total market value of all circulating SHIBAR tokens. It is calculated by multiplying the current price by the circulating supply.
- Trading Volume: Indicates the total value of all SHIBAR tokens traded across various platforms in the last 24 hours.
- Liquidity: Refers to the ease with which the token can be bought or sold without affecting its price significantly.
Token Holders and Distribution
A transparent view of token distribution helps understand the network's decentralization. Currently, there are 7 unique addresses holding SHIBAR tokens.
The distribution is as follows:
| Rank | Address | Quantity Held | Percentage |
|---|---|---|---|
| 1 | 0xb50648b7d97d043... | 7,750,908,691 SHIBAR | 95.69% |
| 2 | 0xc65e93c63c9f43b... | 271,572,516 SHIBAR | 3.35% |
| 3 | 0xb7a5402633e44eb... | 77,384,680 SHIBAR | 0.96% |
| 4-7 | Various Addresses | < 67,000 SHIBAR each | < 0.01% each |
This distribution shows that a large majority of the tokens are held by a single address, which is a common characteristic in the early stages of many blockchain projects.
How and Where to Trade SHIBAR
For those interested in acquiring or trading SHIBAR, decentralized exchanges (DEXs) are the primary venues. The most active platform for SHIBAR trading is PancakeSwap (V2), a leading DEX on the Binance Smart Chain.
Always remember to conduct your own due diligence and ensure you are connecting to the correct contract address when trading any token. To explore trading strategies and platform options, you can discover advanced exchange features.
Storing SHIBAR Tokens Securely
As a BEP-20 token, SHIBAR can be stored in any cryptocurrency wallet that supports the Binance Smart Chain. Popular options include:
- Software Wallets: Trust Wallet, MetaMask (with BSC configuration)
- Hardware Wallets: Ledger, Trezor (connected through a supported software interface)
When setting up a wallet, always prioritize security: safeguard your private keys and recovery phrases, and never share them with anyone.
The Binance Smart Chain (BSC) Ecosystem
Shibarium is built on the Binance Smart Chain, a blockchain network known for its high throughput and low transaction fees. BSC runs in parallel to Binance Chain and supports smart contract functionality, making it a popular home for decentralized applications (dApps) and tokens like SHIBAR. Its compatibility with the Ethereum Virtual Machine (EVM) allows developers to easily port projects from Ethereum, fostering a vibrant and growing ecosystem.
Frequently Asked Questions
What is the Shibarium (SHIBAR) token?
Shibarium (SHIBAR) is a BEP-20 token deployed on the Binance Smart Chain. It functions within a decentralized payment network designed to enable programmable financial transactions.
How can I buy Shibarium (SHIBAR) tokens?
You can acquire SHIBAR tokens through decentralized exchanges (DEXs) that operate on the Binance Smart Chain, such as PancakeSwap. You will need a compatible Web3 wallet and BNB to pay for transaction fees (gas).
What is the total supply of SHIBAR?
The total and circulating supply of SHIBAR is fixed at 8.1 billion tokens. No new tokens will be minted beyond this amount.
Is the Shibarium project audited?
The provided source material does not mention an independent smart contract audit. It is highly recommended to research whether an audit has been conducted by a reputable firm before engaging with any token.
Who are the main holders of SHIBAR?
There are currently 7 holders. One address holds over 95% of the total supply, which is typical for many new tokens but is a factor to consider when evaluating distribution.
Where can I find the official SHIBAR contract address?
The official contract address for this specific Shibarium token is 0x44B2E4B8902BDd3EACAAE20bA8F8C828C54C68d4. Always verify this address through official channels before any transaction.
Conclusion
Shibarium (SHIBAR) represents an attempt to create a decentralized payment solution on the efficient Binance Smart Chain. With its fixed supply and specific use case, it caters to a niche within the broader cryptocurrency market. As with any digital asset, potential users and investors should undertake thorough research, understand the tokenomics—especially the highly concentrated distribution—and stay updated with the latest project developments from official sources. The world of decentralized finance offers immense potential but requires informed and cautious participation.
Disclaimer: This content is for informational purposes only and is not intended as financial or investment advice. Investors should conduct their own independent research and consult with a professional before making any investment decisions.