The Shiba Inu coin is also known as SHIB, and it was designed to be Ethereum-compatible unlike Dogecoin (DOGE). The total supply was initially one quadrillion coins, although it has reduced over time due to token burns. Community members can mint NFT-based digital land parcels using ETH or SHIB tokens. In the future, they can also use the ecosystem’s other two tokens, BONE and LEASH, within the metaverse.
Current Shiba Inu market cap?
Shiba Eternity will be split into a classic mobile game and a blockchain-based NFT game that will use Shiboshi NFTs. Shiba Inu, since its inception, has aimed to make its presence felt across diverse cryptocurrency sectors. From introducing an NFT-powered particulars about introducing broker 2024 information metaverse to making a DeFi impression in the form of its decentralized exchange, ShibaSwap, the ecosystem is certainly on the rise. Yet, there are other reasons why many investors have taken an interest.
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The network also has a “Delegate” module where users can delegate tokens and earn rewards. Finally, users can become validators and help secure the network through the “Validate” feature of Shibarium. Apart from its active community, the Shiba Inu coin is also a popular investment choice among newcomers to the market, thanks to its very low price. The SHIB token sits firmly among the top 20 cryptocurrencies in terms of market capitalization. Monitoring the SHIB’s price live data is of utmost importance for cryptocurrency traders and enthusiasts.
- Shiba Inu is an ERC-20 token created atop the Ethereum blockchain.
- Daily transactions surged 54% post-upgrade, with whale accumulation rising 30%.
- With roots in traditional finance, its team saw blockchain’s potential early on.
- SHIB’s community drives fast, coordinated bursts of attention across X, Reddit, and Telegram.
- Market sentiment has shifted, and price behavior is now reflecting these changes.
What is Shibarium and how does it relate to Shiba Inu coin?
- In addition to SHI, a financial ecosystem is planned, and SHI would be added as a weighted pool pair on Curve.
- Like Satoshi Nakamoto to Bitcoin, Ryoshi is the name of the inventor of Shiba Inu, and he has maintained the pseudonymous identity since the project launched in August 2020.
- Shibacals offers a wide range of physical items, including toys, plushies, and exclusive Shiba Inu designed Champion hoodies.
- Shiba Inu is often called the “Dogecoin Killer” and has an incredibly loyal following called the SHIB Army.
Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Shiba Inu price chart. To see more analysis and outlook, please check the Shiba Inu price prediction page. These metrics are updated every minute to ensure real-time accuracy, helping you stay informed about the latest trends and market movements for Shiba Inu. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
SHIB price and tokenomics
Once your crypto is deposited into your Binance wallet, go to Trade and select Spot to continue. The platform will prompt you to add a new card to process the transaction. For the last 30 days, more than 155,073 SHIB transactions have been made, on average daily 5,169.10 completed transactions.
How many Shiba Inu (SHIB) tokens are there?
Our charts update the SHIB to USD price in real-time, so you can proactively spot whether the asset is on the rise or decline. You can easily add SHIB (Shiba Inu Cryptocurrency) to your watchlist on Changelly to track its price fluctuations and stay updated with the latest news and developments surrounding Shiba Inu. Our cryptocurrency exchange also offers the latest Shiba Inu news and Shiba Inu price prediction related articles to help you make smarter investment choices. CoinCheckup tracks 40,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. Some accuse the project of being a meme token whose entire existence lies in the “fear of missing out (FOMO).” Others are concerned about the concentration of tokens within a few “whale” wallets.
After the token’s launch on Jul 31, 2020, on the Ethereum platform, over 1,144,583 wallets have acquired SHIB, with a recorded total of 7,792,543 successful token transactions to date. Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of Shiba Inu (SHIB) will multiply by x2,x10, etc margin trading in cryptocurrency how much market cap it will have, and how it will compare then to the same coins. The launch of Shibarium is seen as a major milestone for the Shiba Inu ecosystem.
Outside the Shiba Inu ecosystem, the SHIB token is a commonly-used payment medium. It has gained widespread adoption as a means of payment for goods and services at various offline and online merchant establishments. These include ExpressVPN, Travala.com, Twitch, Newegg, AMC Theatres, SlingTV, GameStop, Bed, Bath & Beyond, Lowe’s, Barnes & Noble, and Nordstrom. Shiba Inu is a decentralized ecosystem and, therefore, has no specific owners. However, it was founded by Ryoshi, an anonymous individual or a group, in 2020.
Shiba Inu’s native cryptocurrency, SHIB, is an ERC-20 token, and it is designed in analogy with Dogecoin but with compatibility with the Ethereum mt4 white label and mt5 white label cryptocurrency trading blockchain. Since its launch and stellar rise in the price charts, Shiba Inu has expanded beyond being a joke cryptocurrency and now has its own decentralized exchange called ShibaSwap. Also, the SHIB community actively supports social goals, has its own incubator program for creative development, and plans to enter the profitable arena of blockchain games and metaverses.
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In terms of resources needed for its operations, proof of stake systems like Shiba Inu are proven to use about 1 percent of energy required to power proof of work algorithms. While both of them emerged as memecoins, the differences are recognizable. SHIB is the cryptocurrency with the largest circulating token numbers in the proof of stake ecosystem.
Other SHIB-based pairs on Coinbase include SHIB/EUR, SHIB/GBP, and SHIB/USDT. If you are looking to buy Shiba Inu anonymously, with a decentralized exchange (DEX), UniSwap, ShibaSwap, and SushiSwap are the best options to explore. You will be glad to know that SHIB trades on almost every leading global exchange. You can open an exchange account, get KYC verified, and buy SHIB tokens. Availability of the crypto-assets displayed is subject to jurisdictional limitations and specific terms and conditions.