Today's Shiba Inu (SHIB) Price
Shiba Inu's current price is $0.00001151 USD**, with a 24-hour trading volume of **$140.53 million. Over the past day, SHIB showed +0.00% price movement. The circulating supply stands at 589.25 trillion SHIB, and the maximum supply is 589.55 trillion SHIB.
What Is Shiba Inu (SHIB)?
SHIB is a decentralized experiment in community-building within the Shiba Inu ecosystem. Unlike Bitcoin, designed for scarcity, SHIB embraces abundance—its total supply reaches one quadrillion tokens. Users often hold billions or even trillions of SHIB.
👉 Discover how to trade SHIB securely
A Brief History of Shiba Inu
Originally a meme coin, SHIB evolved into a decentralized ecosystem. During its launch, 50% of the supply was sent to Vitalik Buterin’s Ethereum wallet. SHIB’s price skyrocketed 150,000x from its all-time low ($0.000000000056) to its peak ($0.000084). Vitalik later donated 10% of his SHIB to India’s COVID-19 relief (worth ~$1 billion) and burned the remaining 40%.
How Does Shiba Inu Work?
The team launched ShibaSwap, a decentralized exchange featuring:
- LEASH: A scarce reward token.
- BONE: A governance token for Doggy DAO voting.
Built on Ethereum, SHIB serves as an alternative to Dogecoin (DOGE) and integrates with:
- Ethereum wallets
- DeFi apps (lending, savings)
- NFT marketplaces
Use Cases of Shiba Inu
The SHIB ecosystem supports:
- ShibaSwap (DeFi platform)
- DoggyDAO (decentralized governance)
- NFT incubator projects
FAQs About Shiba Inu
How to Buy Shiba Inu (SHIB)?
Purchase SHIB on major exchanges like 👉 OKX, Binance, or Crypto.com.
Can You Mine SHIB?
No—SHIB is a pre-mined ERC-20 token.
What’s SHIB’s Total Supply?
589.55 trillion (max supply).
Where to Store SHIB?
Use Ethereum-compatible wallets (MetaMask, Trust Wallet).
Key Takeaways
- SHIB’s hyper-supply contrasts with Bitcoin’s scarcity model.
- Vitalik’s burn/donation impacted SHIB’s market dynamics.
- ShibaSwap expands utility beyond memes into DeFi/NFTs.
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