Trade
Learn
More
Buy SHIB
Trade SHIB
You Buy
Shiba Inu
SHIB
1 SHIBEUR €0.000012
You Spend
shiba-inu to EUR
EUR
AED
AED
ARS
ARS
AUD
AUD
BDT
BDT
BGN
BGN
BHD
BHD
BOB
BOB
BRL
BRL
CAD
CAD
CHF
CHF
CNY
CNY
COP
COP
CZK
CZK
DKK
DKK
EGP
EGP
EUR
EUR
GBP
GBP
HKD
HKD
HRK
HRK
HUF
HUF
IDR
IDR
INR
INR
JPY
JPY
KES
KES
KWD
KWD
KZT
KZT
MAD
MAD
MNT
MNT
MXN
MXN
NZD
NZD
OMR
OMR
PEN
PEN
PHP
PHP
PKR
PKR
PLN
PLN
QAR
QAR
RON
RON
RUB
RUB
SAR
SAR
SEK
SEK
THB
THB
TRY
TRY
TWD
TWD
UAH
UAH
UGX
UGX
VES
VES
VND
VND
ZAR
ZAR
USD
USD
Buy SHIB
Binance has the lowest transaction fee rate amongst all major trading platforms.
Binance
0.1%
Kraken
0.26%
Coinbase
1.99%

Binance Square

Gursewak_Singh
7 hours ago

#SHIB Inu (SHIB) recently shocked investors with a massive fakeout, as its price surged to $0.000014, only to plummet back below $0.000012 within hours. This sudden #ReversalPatterns # caught many traders off guard, reflecting the volatile nature of the crypto market. With SHIB’s 24-hour trading volume hitting $200 million, the wild price action showcases the high risks of short-term speculation in altcoins.#MarketRebound #TraderProfile .what do you think??

    Mr_Susho
    12 hours ago
    "The Hard Truth About Shiba Inu Reaching $1 "

    The Shiba Inu (SHIB) cryptocurrency, often dubbed a "meme coin," has captured the imagination of investors with its so-called "1 dollar dream"—the speculative goal of reaching a price of $1 per token. As of March 3, 2025, this ambition remains a topic of heated discussion within the crypto community. However, a closer look at SHIB’s tokenomics, market dynamics, and current trends reveals that achieving this milestone is a near-impossible feat under present conditions. So, how many years might it take? Let’s dive into the numbers and possibilities.
    The Scale of the Challenge: Supply and Market Cap
    Shiba Inu currently boasts a circulating supply of approximately 589 trillion tokens. With a price hovering around $0.000013 in early 2025, its market capitalization sits at roughly $7.7 billion. For SHIB to hit $1 per token, its market cap would need to balloon to an astronomical $589 trillion. To put this into context, the global GDP is estimated at $100 trillion, while the entire cryptocurrency market is valued at about $3.9 trillion as of late 2024. A $589 trillion valuation would exceed the world’s total wealth by a massive margin, making it economically implausible without a radical restructuring of global finance.
    Token Burning: A Potential Path?
    One mechanism frequently cited by SHIB enthusiasts is token burning—permanently removing tokens from circulation to reduce supply and potentially increase value. But the scale of burning required to make $1 feasible is staggering. For instance, if SHIB’s market cap remained at $10 billion (near its current level), approximately 588.99 trillion tokens—or 99.998% of the supply—would need to be burned, leaving just 10 billion tokens in circulation. Only then could $1 become mathematically possible without an absurd market cap.
    Current burning efforts, however, are a drop in the bucket. In January 2025, roughly 1.2 billion tokens were burned, equating to an annual rate of 14.4 billion tokens. At this pace, eliminating 588 trillion tokens would take approximately 40,833 years. Even if the burn rate surged to an ambitious 3 trillion tokens per year—a 200-fold increase—it would still require about 196 years to reduce the supply sufficiently, assuming demand remains strong enough to sustain a $10 billion valuation. And that’s an optimistic scenario.
    Moreover, burning doesn’t automatically increase the ecosystem’s total value—it simply redistributes value across fewer tokens. Without burns on this scale, SHIB would need organic growth to a $589 trillion market cap, a notion experts dismiss as "pure fantasy" given its limited utility compared to heavyweights like Bitcoin or Ethereum.
    Historical Growth and Future Projections
    SHIB’s most remarkable rally came in 2021, when it soared by 43,800,000%, peaking at $0.00008845—still a far cry from $1. Since then, its price has retreated significantly, and even bullish forecasts fall short of the dream. Some analysts predict a new all-time high of $0.00032 by 2030, but that’s still orders of magnitude below $1. Speculative posts on X and web analyses have thrown out timelines ranging from 5 to 44 years, but these rely on unrealistic growth rates or burn schedules far beyond current trends.
    The Verdict: A Distant Dream
    So, how long would it take for SHIB to reach $1? Under the most aggressive yet plausible burning scenario—3 trillion tokens burned annually—it could take around 200 years, assuming demand holds steady (a big "if"). At today’s burn rate of 14.4 billion tokens per year, we’re looking at over 40,000 years. Alternatively, without massive burns, SHIB would need unprecedented adoption and investment to grow its market cap to $589 trillion—a scenario beyond any reasonable horizon.
    The "1 dollar dream" remains a tantalizing but distant aspiration for SHIB holders. Barring a fundamental transformation of global economics or the SHIB ecosystem, it’s a goal that stretches into centuries or millennia—if it’s achievable at all. For now, investors might find more value in tempering expectations and focusing on shorter-term, realistic targets.
    #MemesNotSecurity $SHIB #mrsushotrader

      Sheri333
      22 hours ago
      SHIB to EUR:
      1 Shiba Inu equals €0.000012 EUR-13.76%1D
      Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks.
      SHIB to EUR:
      1 Shiba Inu equals €0.000012 EUR-13.76%1D
      Page last updated: 2025-03-04 00:55 (UTC+0)
      How do you feel about Shiba Inu today?
      Good
      0
      Bad
      1
      Note: This information is for reference only.

      Price of SHIB today

      The live price of Shiba Inu is €0.000012 per (SHIB / EUR) with a current market cap of €7.26B EUR. 24-hour trading volume is €387.43M EUR. SHIB to EUR price is updated in real-time. Shiba Inu is -13.76% in the last 24 hours with a circulating supply of 589,253.59B.
      SHIB Price History EUR
      Date ComparisonAmount Change% Change
      Today€-0.000002-13.76%
      30 Days€-0.000005-27.60%
      60 Days€-0.000009-43.24%
      90 Days€-0.000017-57.28%

      SHIB Price Information

      24h Low & High
      Low: €0.000012
      High: €0.000014
      The highest and lowest price paid for this asset in 24 hours.
      All Time High
      €0.000084
      The highest price paid for this asset since it was launched or listed.
      Price Change (1h)
      -0.07%
      The percentage change in price for this asset compared to 1 hour ago.
      Price Change (24h)
      -13.76%
      The percentage change in price for this asset compared to 24 hours ago.
      Price Change (7d)
      -6.07%
      The percentage change in price for this asset compared to 7 days ago.

      SHIB Market Information

      Popularity
      #18
      Popularity is based on the relative market cap of assets.
      Market Cap
      €7.26B
      Market cap is calculated by multiplying the asset's circulating supply with its current price.
      Volume (24hours)
      €387.43M
      The total dollar value of all transactions for this asset over the past 24 hours.
      Circulation Supply
      589,253.59B
      The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
      Total Maximum Supply
      --
      The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
      Fully Diluted Market Cap
      €7.26B
      The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
      Issue Date
      2020-08-01

      What Can You Do With Shiba Inu (SHIB)?

      Explore how to use your cryptocurrencies with Binance.

      What is Shiba Inu (SHIB)?

      Shiba Inu (SHIB) is a decentralized meme token created in August 2020 by an anonymous person or group of people under the pseudonym Ryoshi. It is based on the Ethereum blockchain and is one of the most popular dog-themed cryptocurrencies in recent years. 

      Shiba Inu's native cryptocurrency, SHIB, is an ERC-20 token. Transactions on the Shiba Inu network are validated using a Proof-of-Stake (PoS) consensus mechanism. The SHIB Army is a community of SHIB holders and supporters whose members are encouraged to guide the community. The live price of Shiba Inu coin (SHIB) is updated and available in real time on Binance.

      SHIB is not intended to be a currency but rather a community token that can be used to interact with the Shiba Inu ecosystem. The ecosystem includes a decentralized exchange called ShibaSwap, a non-fungible token (NFT) marketplace, and a metaverse called Shibarium.

       What Is Shibarium?

       Shibarium is a layer-2 scaling solution for the Shiba Inu ecosystem. It sits on top of the Ethereum blockchain, which allows it to inherit the security and stability of Ethereum. Shibarium is designed to reduce gas fees and improve the speed and efficiency of transactions.

       The latest Shibarium upgrade, known as the Heimdall and Bor hard forks, enhances compatibility with Ethereum following its Dencun upgrade and introduces a new upgradeable burn contract.

      Top Coins in the Shiba Inu Ecosystem

       The Shiba Inu ecosystem consists of three main coins: SHIB, LEASH, and BONE. SHIB is the native token of the Shiba Inu ecosystem. LEASH is a deflationary token that is pegged to the price of SHIB. It is designed to be used as a reward for liquidity providers on the ShibaSwap decentralized exchange. BONE is a governance token of the Shiba Inu ecosystem and is used to participate in the ecosystem's governance and earn rewards for staking BONE.

      SHIB is listed on Binance for trade and purchase. The live price of the Shiba Inu coin (SHIB) is updated and available in real-time on Binance.

      People Also Ask: Other Questions About Shiba Inu

      What Is Shiba Inu Coin?

      Shiba Inu (SHIB) is a meme coin created in August 2020. It is inspired by the Shiba Inu, a Japanese dog breed, which also serves as the mascot for Dogecoin, another cryptocurrency with meme origins. SHIB is an ERC-20 token, meaning it runs on the Ethereum blockchain. It has a total supply of 589.59T SHIB, which is also it's current circulating supply.
       

      Will SHIB Burn Impact its Price?

      "Burning" in cryptocurrencies refers to the intentional removal of tokens from circulation, effectively reducing the total supply. For SHIB or Shiba Inu tokens, burning involves sending a certain number of tokens to a designated "burn" address, rendering them inaccessible and unusable. This process decreases the overall supply of SHIB, potentially driving up scarcity and value. But it must be noted that burns alone cannot influence prices without uniform and substantial token investments.  

      What Is SHIB Used For?

      SHIB is used as a store of value, as well as a tradable cryptocurrency token that facilitates global payments. SHIB is also used ons ShibaSwap, Shiba Inu’s native decentralized exchange (DEX). SHIB and other ecosystem tokens, BONE (a community governance token) and LEASH (another ERC-20 token) are said to be best purchased on ShibaSwap.

      Who Accepts SHIB As Payment?

      Shiba Inu has started gaining acceptance by a few online retailers and service providers, with potential for more in the future. At the time of writing, few places where Shiba Inu holders can spend it as a payment include Whole Foods, Gamestop, Nordstrom, Petco, Sling, Hostkey, among others. 

      Will Shiba Inu Coin Reach $1?

      The price of Shiba Inu (SHIB) is constantly changing, so it is difficult to give a definitive answer. It is important to do your own research before investing in any cryptocurrency. Some factors that affect the worth of Shiba Inu coin are the overall crypto market, news and events, whale activity, etc.

      Will Shiba Inu Go Up Today?

      Check out our SHIB Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

      How to Buy SHIB on Binance? 

      SHIB can be purchased directly on Binance with a credit or debit card. You can also trade other cryptocurrencies for SHIB on the Binance Exchange. Read our quick guide on How to Buy SHIB for more instructions. 

      Video Section

      Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance's control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.
      Support