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Shiba Inu Price

Shiba Inu Price(SHIB)

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1 SHIB ≈ USD $0.000024
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$ 0.000024
-1.37%
1D
Page last updated: 2024-11-21 07:32 (UTC+0)
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Note: This information is for reference only.

Price of SHIB today

The live price of Shiba Inu is $ 0.000024 per (SHIB / USD) with a current market cap of $ 14.21B USD. 24-hour trading volume is $ 1.16B USD. SHIB to USD price is updated in real-time. Shiba Inu is -1.37% in the last 24 hours with a circulating supply of 589,260.48B.
SHIB Price History USD
Date ComparisonAmount Change% Change
Today$ 0-1.37%
30 Days$ 0.000006+30.33%
60 Days$ 0.000009+63.99%
90 Days$ 0.00001+67.70%

SHIB Market Information

24h Low & High
Low: $ 0.000023
High: $ 0.000025
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 0.000088
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.19%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-1.37%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-5.71%
The percentage change in price for this asset compared to 7 days ago.

SHIB Market Information

Popularity
#11
Popularity is based on the relative market cap of assets.
Market Cap
$ 14.21B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 1.16B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
589,260.48B
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 crypto asset, 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
$ 14.21B
The total number of coins that will ever be created for the crypto asset, 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

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About 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 public launch of the much-anticipated Shibarium layer-two network was completed in August 2023. 

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.

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

  1. 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.

  2. 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. 

    Shiba Inu burn tracker recently explained why Shiba Inu burns do not affect SHIB price. The tweet read that burns alone cannot influence prices without uniform and substantial token investments.  

  3. What Is the Shiba Inu Coin 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.

  4. Who Accepts Shib Inu 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. 

  5. Will Shiba Inu Coin Reach $1?

    The price of Shiba Inu (SHIB) is constantly changing, so it is difficult to give a definitive answer. The price has been known to fluctuate wildly, so 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.

  6. 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.

SHIB to Local Currency

FiatPriceOperation
1 SHIB to USD$ 0.000024
1 SHIB to TRY$ 0.000024
1 SHIB to RUB$ 0.000024
1 SHIB to EUR$ 0.000024
1 SHIB to AED$ 0.000024
1 SHIB to AUD$ 0.000024
1 SHIB to BRL$ 0.000024
1 SHIB to VND$ 0.000024
1 SHIB to IDR$ 0.000024
Last updated 2024/11/21 07:32 (UTC)

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