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Shiba Inu

Shiba Inu SHIB

Token
Shiba Inu Price (SHIB)
$0.00001101
2.38% Buy SHIB

0.000000008311 ETH

0.0000000005663 BTC

Low: $0.00001100
High: $0.00001133
24h
Market Cap
$6,045,494,386
2.38%
Fully Diluted Market Cap
$6,493,313,162
2.38%
Volume
24h
$159,342,860
20.35%
Volume / Market Cap
0.0264
Circulating Supply
549,063,278,876,300 SHIB
Max Supply
--
Total Supply
589,735,030,408,320
Shiba Inu SHIB
Price: $0.00001101
2.38% Buy SHIB
Shiba Inu (SHIB) Social Signals & Traffic Tracker
Shiba Inu twitter
Twitter Stats
@shibtoken

Followers

3,506,294

0.18%

Following

7

0.00%

Tweet count

699

0.58%

Joined at Feb 01, 2021
Shiba Inu reddit
Reddit Stats
r/SHIBArmy

Subscribers

474,837

0.01%

Subreddit type

public

Moderators

10

0.00%

Joined at Aug 03, 2020
Shiba Inu telegram

Title

Shiba Inu: The Dogecoin Killer

Members

135,440

0.65%

Shiba Inu traffic
Website Traffic
shibatoken.com

Website Rating (DR)

72 / 100

0.00%

Ahrefs Rank

67,519

1.21%

Organic Traffic (mo.)

192,511

4.77%

Shiba Inu github
GitHub Organization

Currently, official Shiba Inu GitHub account doesn’t exist or wasn’t submitted. 🔆

Shiba Inu github
GitHub Repository

Currently, official Shiba Inu GitHub account doesn’t exist or wasn’t submitted. 🔆

Shiba Inu Price statistics

Shiba Inu Price
$0.00001101
Price change 24h
-$0.0000002621
2.38%
24h Low / 24h High
$0.00001100 /
$0.00001133
All Time High
Oct 28, 2021 (11 months 1 week ago)
$0.00008845
87.55%
All Time Low
Aug 27, 2020 (2 years 1 month ago)
$0.0000000000817
13,484,970.89%
Trading Volume 24h
$159,342,860
20.35%
Volume / Market Cap
0.0264
Market Dominance
0.62%
Market Rank
#14
Market Cap
$6,045,494,386
2.38%
Fully Diluted Market Cap
$6,493,313,162
2.38%

Live SHIB Price Analysis

The current real time Shiba Inu price is $0.00001101, and its trading volume is $159,342,859.55 in the last 24 hours. SHIB price has plummeted by 2.38% in the last day, and decreased by 1.82% in the last 7 days. It’s important to note that current Shiba Inu market capitalization is $6,045,494,386.19, Talking about circulating supply, SHIB has 549,063,278,876,300 coins. Currently, Shiba Inu rank on the market is #14.

Shiba Inu price today is 87.55% below all time high, and it is 13,484,970.89% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling SHIB are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Shiba Inu?

Shiba Inu (SHIB) is an Ethereum-based meme coin. Shiba Inu dogs are the source of the coin's inspiration. At first, it began as a silly and cute meme coin. However, with time and an extra push of Elon Musk’s tweets, it became pretty popular.

Talking about Musk, his tweets, which stated that he got a Shiba Inu dog, made the Shiba Inu price skyrocket by nearly 300%. It’s crazy how much a simple tweet from an influential person can do. Thus, Elon Musk is one of the main reasons why the coin became so popular and why its value grew.

Shiba Inu is closely related to Dogecoin, Baby Dogecoin, and other crypto assets related to dogs. However, one of the goals of Shiba Inu is to outpace Dogecoin by reaching a higher market cap without reducing the SHIB price.

Before moving further, keep in mind that Shiba Inu is actually a token because it’s based on Ethereum, which means that it doesn’t have its own blockchain. However, everyone refers to it as a coin, so I’ll do the same. Just know that speaking in crypto terms, it’s Shiba Inu token, not Shiba Inu coin.

Shiba Inu Project

From simply being a small meme coin, Shiba Inu turned out to become the whole ecosystem. For instance, the project developed its own decentralized exchange platform called ShibaSwap. The DEX allows users not only to exchange tokens but also to participate in yield farming and liquidity mining activities.

Moreover, Shiba Inu has two more tokens – LEASH and BONE. Talking about the LEASH token, it originated as a rebase token. However, its rebase feature was eventually removed. As of writing this, impressive rewards for providing the token's liquidity are promised to LEASH token holders.

BONE, on the other hand, is the governance token of the Shiba Inu ecosystem. It allows members of ShibaArmy (this is the name of the community) to participate in the decision-making processes in Doggy DAO.

Furthermore, since the Shiba Inu community members love Shiba Inu dogs, the project has established the Shiba Inu Rescue Association. You can give a portion of your Amazon purchases by linking them via Amazon Smile. The Shiba Inu Rescue Association will then distribute these funds to various Shiba Inu rescue projects.

Besides, the project also offers the Shiba Inu incubator. In a nutshell, it’s a decentralized NFT project. It allows artists to create various arts revolving around the coin.

Though it doesn’t stop here, there are much more ideas planned for the project. For example, it’s also planned to create an algorithmic stablecoin called SHI. Though instead of one dollar (like it's the case with most stablecoins), SHI would be pegged to one cent. In an essence, it would be something similar to DAI. It’s planned to release SHI after launching the Layer-2 solution called Shibarium, which is yet another project planned by the Shiba Inu community.

The Story of Shiba Inu

There is a mystery behind the person who founded Shiba Inu coin. Just like with Bitcoin creator, only the pseudonym of Shiba Inu creator is known – Ryoshi. There were some speculations that Vitalik Buterin is the real father of Shiba Inu since half of the supply of the initial Shiba Inu launch was transferred to his wallet. However, he denied these rumors.

What is especially interesting about Ryoshi is that he doesn’t own any Shiba Inu tokens. Overall, he claims to simply be a member of the ShibaArmy without putting any titles on himself or having any major perks.

Talking about the coin itself, at first, it was created mainly as an experiment. The goal of the experiment was to test how the community would handle the governance of the project. The Shiba Inu price was very low at that time.

However, the coin is often referred to as a “Dogecoin killer.” This is because one of Shiba Inu coin’s goals is to outpace Dogecoin.

Besides, it actually has some benefits that might make it better than Dogecoin. One of these benefits is that, unlike Dogecoin, the Shiba Inu coin supports smart contracts, which means that it can have way more functionalities.

What Can You Do With Siba Inu Coins?

The main thing that you can do with the SHIBA coin is bury it. Burying refers to the process of staking. By burying SHIBA, LEASH, or BONE tokens you get xSHIB, xLEASH, and tBONE. These are the minted versions of the coins. xSHIB provides stakers with more BONE tokens and other additional rewards. 

By burying SHIB, you can receive 3% of the BONE token made with each new block of data. In addition, you can receive 0.3% of all ETH swap transaction fees processed through ShibaSwap.

Though you can also dig your Shiba Inu coins. The digging process is similar to the process of yield farming. By doing that, your coins are temporarily turned into SHIB SSLP coins. You can earn BONE tokens by digging SHIB SSLP. When you want to un-dig your SHIB, you have to exchange your SHIB SSLP, which serves as a kind of placeholder token, back for your Shiba Inu coins.

Before jumping into the Shiba Inu project (or any crypto project for that matter), it's crucial to do proper research. You can start by analyzing the Shiba Inu price on the graph above.

Shiba Inu Tokenomics

During the initial Shiba Inu coin launch, half of its supply was sent to Vitalik Buterin. The other half was sent to Uniswap. The coins that reside on Uniswap are locked. Vitalik Buterin, on the other hand, burned around 90% of his coin holdings (around $7 billion at that time) and donated the remaining 10% to Covid Crypto Relief Fund in India.

There’s actually an interesting story behind this. First of all, why Vitalik Buterin? Well, he’s one of the co-founders of Ethereum and the only one who still works with the project. His wallet address is public, thus, anyone can send him Ethereum-based tokens.

Shiba Inu developers probably decided that it would be a good idea to send the coins to Vitalik Buterin to simply self-promote. They assumed that, if the face of Ethereum supported their project, then other people would support it too. However, it didn’t turn out as they hoped it would. Vitalik was really skeptical about the Shiba Inu project, which resulted in the whole burning and donating process.

Though something like this never happens without somebody noticing. Ironically, since even major media outlets covered the incident, this turned out to be the best promotion for the Shiba Inu coin, which helped to raise the SHIB price.

What's Shiba Inu trading volume in the last 24 hours?

SHIB has a trading volume of $159,342,859.55 in the last 24 hours.

What's Shiba Inu highest price ever?

SHIB has a highest price of $0.00008845, which was reached on Oct 28, 2021 (11 months 1 week ago).

What's Shiba Inu lowest price ever?

SHIB has a lowest price of $0.0000000000817, which was reached on Aug 27, 2020 (2 years 1 month ago).

What are the best exchanges for buying and selling SHIB?

Currently, the most active and dominating exchanges for buying and selling Shiba Inu are Binance, Kraken & Kucoin. The most popular Shiba Inu trading pairs are SHIB/USDT (on Binance ), SHIB/BUSD (on Binance ), SHIB/USD (on Coinbase ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping SHIB?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Shiba Inu. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Shiba Inu project's Circulating Supply has been verified and is equal to:

Circulating Supply

549,063,278,876,300 SHIB

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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