SHIBA INU Price (SHIB)

Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency that was developed to answer a simple question: What would happen if a cryptocurrency project was 100 percent run by its community? Originating in late 2020, this Ethereum-based token has grown into a global phenomenon, accepted at numerous locations as a form of payment, either directly or via third-party intermediaries. The Shiba Inu ecosystem is not just about the SHIB token: it also includes other tokens like LEASH and BONE, includes a decentralized exchange called Shibaswap that allows users to provide liquidity, stake, and swap tokens to receive compensation, and includes ShibaSwap's Staking Pools. Like DOGE, SHIB is intentionally abundant — with an initial circulating supply of one quadrillion coins.

Shiba Inu operates on the Ethereum blockchain, utilizing the power of smart contracts to facilitate transactions and other operations. The Shiba Inu ecosystem includes ShibaSwap, a decentralized exchange where users can swap tokens, provide liquidity, and stake their holdings to receive compensation. The ecosystem has also introduced Shibarium, a Layer-2 solution which had processed over four million transactions as of November 2023.

Shiba Inu was created in August 2020 by an individual or group of individuals under the pseudonym "Ryoshi." The token quickly gained traction, and its popularity surged even further when a significant portion of the SHIB supply was burned, meaning destroyed, hence increasing its rarity. The token's Shiba Inu's history is marked by its community-driven approach, with its creator, Ryoshi, emphasizing the importance of a decentralized, community-led project.

You can buy, send, and receive SHIB from a few different crypto exchanges like Coinbase, for example. Because SHIB is issued as an Ethereum token, it's compatible with Ethereum wallets like Coinbase Wallet and available on decentralized exchanges (or DEXs) like UniSwap.

SHIB, unlike DOGE, is compatible with the Ethereum ecosystem — which has allowed the community to create crypto apps like ShibaSwap, a DEX running on the Ethereum blockchain that allows users to trade and stake tokens without an intermediary.

We update our SHIBA INU to GBP currency in real-time. Get the live price of SHIBA INU on Coinbase.

The current market cap of SHIBA INU is £10.30B. A high market cap implies that the asset is highly valued by the market.

The all-time high of SHIBA INU is £0.000072. This all-time high is highest price paid for SHIBA INU since it was launched.

Over the last 24 hours, the trading volume of SHIBA INU is £672.05M.

Assets that have a similar market cap to SHIBA INU include TRON, Chainlink, Polkadot, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of SHIBA INU is 589 trillion.

The median time that Coinbase customers hold SHIBA INU before selling it or sending it to another account or address is 223 days.

SHIBA INU ranks 3 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 97% of Coinbase users are buying SHIBA INU. In other words, 97% of Coinbase customers have increased their net position in SHIBA INU over the past 24 hours through trading.

Yes, SHIBA INU is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SHIBA INU guide.