Eight decimal places on the Shiba Inu price: one step is 0.18 percent

Shiba Inu costs $0.00000571 and 0.00000507 euros on Sunday midday. That is a gain of 0.94 percent against the previous day, and above all it is a number with eight decimal places. That eighth place is exactly what decides how finely a trading venue can quote the Shiba Inu price at all: a single step at that place is 0.175 percent of the price. If you want to set an order to a tenth of a percent, you cannot do it with SHIB, because the display has nothing left in between. That sounds like a footnote, and it is the reason SHIB looks flat on quiet days, why a stop-loss rarely lands where it was meant to, and why the spread between the bid and the ask weighs differently on this coin than it does on Bitcoin. This piece works it through in numbers you can check on your own account. Shiba Inu price today: $0.00000571, 0.00000507 euros and a daily range of 1.77 percent The market data are from Sunday midday and from CoinGecko. SHIB stands at $0.00000571, and at 0.00000507 in euros. Within 24 hours the price ranged between $0.00000566 and $0.00000576. The whole daily range therefore measures 1.77 percent. Over seven days there is a loss of 4.81 percent, over 30 days a gain of 7.43 percent. ...