Shiba Inu

Shiba Inu PriceSHIB

Rank #21

About Shiba Inu (SHIB)

Contract

0

0x95ad61b...f0b64c4ce

Explorers

Website

shibatoken.com

Community

Shiba Inu (Shib) is an experiment in the construction of decentralized communities. It is another meme token similar to dogecoin. Shib is the native token of Shiba Inu. It will be the first token to be launched by the decentralized exchange shibaswap and used for incentive measures. Shib is an experiment of decentralized spontaneous community construction. After our initial establishment, a leading group was formed by well-known figures in the telegraph industry. The purpose of this group is to assign skills within the community to appropriate roles in shibs' development and to agree on shibs' future decisions. Anyone who has the skills or time they can contribute to Shib will be invited to help develop and advance Shib. This group has so far been responsible for logo creation, social media presence, marketing and website development. Shib community is the core of this project and will continue to develop and expand.

Shiba Inu (SHIB) Price Trends

24H High$0.00002677
24H Low$0.00002283
24H Volume$83.27M
Market Cap
$13.98B
All-Time High(ATH)$0.00008616
Circulating Supply
589.25T SHIB
All-Time Low(ATL)$0.00000000005636
Total Supply
999.98T SHIB
Market Cap/FDV
58.93%
Max Supply
Fully Diluted Valuation
$23.74B
Market SentimentPositive

Live Shiba Inu (SHIB) Price Update

Shiba Inu price today is $0.00002374 with a 24-hour trading volume of $83.27M, and as such Shiba Inu has a market cap of $13.98B, giving it a market dominance of 0.58%. The Shiba Inu price moved -6.41% in the last 24 hours.

Time period
Change amount
% Change
1H-$0.00000004995-0.21%
24H-$0.000001625-6.41%
7D+$0.000004758+25.06%
30D+$0.000005519+30.29%
1Y+$0.00001493+169.57%

Credibility Indicators

54.43
Reliability Score
Rank #5787
PercentileTOP 45%

Popular SHIB Exchanges

Team Members

Ryoshi
Ryoshi

Investors

Animoca BrandsAnimoca Brands
Shima CapitalShima Capital
Morningstar VenturesMorningstar Ventures
Polygon VenturesPolygon Ventures
Mechanism CapitalMechanism Capital
DWF LabsDWF Labs
Big Brain HoldingsBig Brain Holdings
Woodstock FundWoodstock Fund

News

News Flash

2024-11-13 09:45
Sprz.
Despite a partial recovery, the Shiba Inu coin still experienced a big dump of 82%. Can the price of SHIB reach its ATH of $0.00008 again? Shiba Inu's burn rate is facing a new challenge as it has recorded a significant drop of 82%. This decline occurred during a period of price recovery and positive momentum for SHIB, raising questions about whether the meme token can still reach its all-time high of $0.00008 in 2021. In the past 24 hours, Shiba Inu's burn rate has dropped by 82.32%. The Shibburn Wallet tracker reported this significant drop, showing that only 81,937,558 SHIB tokens were sent to invalid blockchain wallets. The significant reduction in the destruction of this event is in stark contrast to the period when millions of Shiba Inu Tokens were destroyed every day. Not long ago, Shiba Inu made history by destroying $100,000 worth of SHIB Tokens in one transaction. SHIB destruction mechanism is a program that sends a portion of the Token to an inaccessible or 'dead' Wallet to reduce supply, increase scarcity, and potentially trigger a significant pump in Token price. These destructions are recorded by Shibburn (a dedicated destruction tracker for the Shiba Inu ecosystem) and primarily driven by the SHIB community. Although the decrease in the Shiba Inu burn rate may be a challenge, this development comes at just the right time. The SHIB price showed signs of recovery this week, rebounding from the previous low point. The Shiba Inu price surged by 16.28% in just one day, seemingly maintaining a bullish momentum. In addition, Whale volume surged, indicating that investors are accumulating SHIB Tokens. Despite a recent price rebound and increased Whale activity, the rise of Shiba Inu to $0.00008 may be affected by its recent decrease in burning rate. This decline seems significant as there have been no significant burning incidents of SHIB in the past week. The Shibburn report states that the burning rate has dropped by 88% in the past 77 days. In order to drive Shiba Inu to its historical high of 0.00008 US dollars, Crypto Assets need to be driven by a variety of bullish factors and positive market sentiment. The combination of increased market demand, higher burning rate, and strong momentum may catalyze Shiba Inu to reach its historical milestone. However, the trajectory of SHIB's continuous rise to new highs is now being questioned due to the current decrease in burning rate. In the context of low burning rates and broader market conditions, the SHIB price has been showing a significant pump trend, and recorded price pumps as the DOGE price experienced a bullish trend. Data shows that Shiba Inu has pumped 63% in the past week and 62.35% in the past month. At the time of writing, the trading price of this meme Token is 0.000028 dollars, and its value has surged again today. Although Shiba Inu is witnessing a new pump, its daily volume seems to be quite low, decreasing by about 11.23%. (Data Source: Scott Matherson)

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