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Shiba Inu

Shiba Inu SHIB

token
Shiba Inu Price (SHIB)
$0.0000134
18.73% Buy SHIB Now

0.00000000393 ETH

0.000000000218 BTC

Low: $0.0000109
High: $0.0000145
24h
Market Cap
$7,925,627,796
18.73%
Fully Diluted Market Cap
$7,970,813,173
18.73%
Volume
24h
$2,083,982,784
73.11%
Volume / Market Cap
0.2629
Circulating Supply
589,289,557,463,780 SHIB
Max Supply
--
Total Supply
589,534,119,238,740

Shiba Inu (SHIB) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.17%

Joined at Feb 01, 2021

Following

10

25.00%

Tweet count

1,029

1.08%

Shiba Inu reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Shiba Inu (SHIB) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Shiba Inu telegram
Telegram Stats
Visit Telegram

Members

0.45%

Title

Shiba Inu: The Dogecoin Killer

Shiba Inu traffic
Website Traffic
Visit Website

Website Rating (DR)

73 / 100

0.00%

Ahrefs Rank

62,258

0.55%

Organic Traffic (mo.)

60,556

11.19%

Shiba Inu github
GitHub Organization

Public repos

-

Type

-

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

Shiba Inu github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Shiba Inu (SHIB) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 3,768,098

Members: 87,576


Live SHIB Price Analysis

The current real time Shiba Inu price is $0.0000134, and its trading volume is $2,083,982,784 in the last 24 hours. SHIB price has grew by 18.73% in the last day, and increased by 40.85% in the last 7 days. It’s important to note that current Shiba Inu market capitalization is $7,925,627,796, Talking about circulating supply, SHIB has 589,289,557,463,780 coins. Currently, Shiba Inu rank on the market is #18.

Shiba Inu price today is 84.79% below all time high, and it is 16,471,991.22% 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 $2,083,982,784 in the last 24 hours.

What's Shiba Inu highest price ever?

SHIB has a highest price of $0.0000885, which was reached on Oct 28, 2021 (2 years 4 months ago).

What's Shiba Inu lowest price ever?

SHIB has a lowest price of $0.0000000000817, which was reached on Aug 27, 2020 (3 years 6 months 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/USD (on Coinbase ), SHIB/KRW (on Upbit ). 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.

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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.

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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

589,289,557,463,780 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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Current price of Shiba Inu is $0.0000134

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