SHIBA INU (SHIB) Price Overview
Current Price: $0.0000119 (+6.1% in 24h)
Price Range (24h): $0.0000111 – $0.0000119
Market Cap: $7.00 Billion (0.20% of crypto market)
24h Trading Volume: $91.88 Million
👉 Track SHIB’s real-time price
Key Metrics
| Metric | Value |
|------------------------|----------------------------|
| All-Time High (ATH) | $0.0000875 (Oct 28, 2021) |
| Circulating Supply | 589.25T SHIB (100%) |
| Total Supply | 589.50T SHIB |
What Is SHIBA INU (SHIB)?
Shiba Inu (SHIB) is a community-driven meme token launched in August 2020 by "Ryoshi." Initially dubbed the "Dogecoin killer," SHIB leverages decentralization and viral appeal. Key milestones:
- Supply Shock: 50% of tokens were sent to Ethereum’s Vitalik Buterin, who burned most and donated the rest to COVID-19 relief.
- Ecosystem Growth: Expanded to include tokens like LEASH/BONE and the ShibaSwap DEX for staking and trading.
Despite its meme origins, SHIB has evolved into a project with tangible utility and a strong holder base.
SHIB Price Analysis
- Current Trend: +6.1% in 24h, but -86.4% below ATH.
- Market Position: Ranks among top meme coins by liquidity and adoption.
- Investor Note: Low per-token price attracts retail investors, but volatility remains high.
👉 Compare SHIB’s performance with other altcoins
FAQs
Q: What drives SHIB’s price?
A: Community activity, exchange listings, and broader crypto market trends.
Q: Is SHIB a good investment?
A: High-risk due to meme coin volatility, but its ecosystem growth offers long-term potential.
Q: Where can I buy SHIB?
A: Major exchanges like OKX, Binance, and Coinbase support SHIB trading pairs.
Key Takeaways
- SHIB’s price reflects meme coin hype but also real-world use cases.
- Monitor supply dynamics (e.g., burns) and ShibaSwap adoption for future trends.
- Always research before investing in high-volatility assets.
Data updated as of latest market close.
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