Shiba Inu
Current price
$0.000004957
−3.56%24h
LiveUpdated 29s ago
TodayShiba Inu falls 3.6%, in line with the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.10%
- 24 hours−3.56%
- 7 days−8.54%
- 30 days−3.62%
- 1 year−51.78%
Shiba Inu's move in context
Moving with the market
−3.56% today, close to the whole market (−3.27%). Nothing specific to Shiba Inu stands out in the price.
Part of a slide
−8.5% over 7 days and −3.6% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Shiba Inu
Shiba Inu: A Meme Coin with a Vibrant Ecosystem
Shiba Inu (SHIB) is a cryptocurrency that started as a meme coin, inspired by the success of Dogecoin. Launched in August 2020 by an anonymous creator known as "Ryoshi," Shiba Inu quickly gained popularity due to its fun and lighthearted nature. However, what started as a joke has evolved into a vibrant ecosystem, complete with decentralized exchanges (DEXs), NFTs, and more. The Shiba Inu community, known as the "ShibArmy," is one of the most active and passionate in the crypto space.
Key Aspects of Shiba Inu
Origin as a Meme Coin: Shiba Inu was created as a parody of Dogecoin, another meme-based cryptocurrency. Despite its origins as a joke, SHIB quickly gained a large following, driven by its active community and the viral nature of meme coins. The coin's mascot, a Shiba Inu dog, has become a popular symbol in the cryptocurrency world, contributing to the coin's widespread recognition.
Vibrant and Active Community: The Shiba Inu community, known as the "ShibArmy," is one of the most active and passionate in the cryptocurrency space. The community plays a crucial role in the coin's development and marketing, driving its adoption and success. The ShibArmy is known for its strong online presence, particularly on social media platforms like Twitter and Reddit, where members share news, memes, and support for the project.
ShibaSwap DEX and Ecosystem: Shiba Inu has evolved beyond a simple meme coin, with the launch of ShibaSwap, a decentralized exchange (DEX) that allows users to trade SHIB and other tokens within the Shiba Inu ecosystem. ShibaSwap also features staking, liquidity provision, and governance, providing users with multiple ways to engage with the ecosystem. The platform's success has further solidified Shiba Inu's place in the crypto market.
Non-Fungible Tokens (NFTs): In addition to its DEX, Shiba Inu has entered the world of non-fungible tokens (NFTs) with the launch of "Shiboshis," a collection of unique, collectible NFTs. These NFTs have garnered significant attention and demand within the Shiba Inu community, contributing to the ecosystem's growth and diversification. The introduction of NFTs demonstrates Shiba Inu's commitment to expanding its offerings and staying relevant in the evolving crypto space.
Tokenomics and Supply: Shiba Inu has a total supply of one quadrillion SHIB tokens, making it one of the most widely distributed cryptocurrencies. A significant portion of this supply was initially sent to Ethereum co-founder Vitalik Buterin, who later donated a large amount to charity and burned the rest. This move significantly reduced the circulating supply and increased the scarcity of SHIB tokens, contributing to their value.
Challenges and Future Prospects: Despite its success, Shiba Inu faces challenges related to its origins as a meme coin and its relatively low utility compared to more established cryptocurrencies. However, the Shiba Inu team and community are actively working to expand the ecosystem and increase the coin's utility. With ongoing developments and a strong community, Shiba Inu may continue to grow and establish itself as more than just a meme coin.
Shiba Inu market
- Position by market cap among the coins we track.
- #31
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $2.92B
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.000004859High $0.00000517
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.00008616
- Now 6% of itReached 28 Oct 2021 · Needs +1,638% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 589.55T SHIB
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 589.55T SHIB
- The most coins that can ever exist. Some coins have no limit.
Shiba Inu converter
1 Shiba Inu = $0.000004957
