Shiba Inu

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a meme token that started as a fun coin and has now gained widespread attention as a meme coin. What started as a meme coin has attracted a decent number of developers who have built a decentralized ecosystem around the token, including a dedicated L2 chain Shibarium. During the initial launch, 50% of the supply was allocated to Vitalik Buterin's ethereum wallet. SHIB price has skyrocketed from a low of $0.000000000056 to an all-time high of $0.000084, a 150,000x increase in 8 months.

As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% was burned forever. That donation was worth about $1 billion at the time, making it one of the largest donations ever made in the world.

What has the Shiba Inu community worked on?

The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO. More recently, the team also launched Shibarium, a dedicated L2 chain surrounding the Shiba Inu (SHIB) token.

Where can you buy Shiba Inu?

SHIB tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Shiba Inu is Gate.io, where the most active trading pair SHIB/USDT has a trading volume of $17,228,174 in the last 24 hours. Other popular options include WEEX and MEXC.

What is the all-time high for Shiba Inu (SHIB)?

The highest price paid for Shiba Inu (SHIB) is $0.00008616, which was recorded on Oct 28, 2021 (over 2 years).

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