Shiba Inu Price
Shiba Inu (SHIB) is an Ethereum-based memecoin launched in 2020, inspired by the same Shiba Inu dog meme as Dogecoin and often billed by its community as a “Dogecoin killer.” It has an extremely large token supply.
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Price is below the 50-day average, which sits below the 200-day — a classic downtrend alignment.
- Trading 73% below its 52-week high — well off recent peaks.
- Max drawdown of -73% over the window — has endured deep peak-to-trough losses.
Supply structure
Shiba Inu has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Convert Shiba Inu to US Dollar
Two-way SHIB ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Shiba Inu
Shiba Inu (SHIB) is an Ethereum-based memecoin launched in 2020, inspired by the same Shiba Inu dog meme as Dogecoin and often billed by its community as a “Dogecoin killer.” It has an extremely large token supply.
Beyond the meme, the Shiba Inu project has tried to build out an ecosystem, including a decentralised exchange and Shibarium, a layer-2 network aimed at lowering fees. SHIB is the flagship token of that ecosystem.
SHIB’s price is driven largely by community enthusiasm and speculation, and its enormous supply means the individual token price is very small. It has limited fundamental utility relative to its market attention, and should be treated as a high-risk, speculative asset.
The story
Shiba Inu is an Ethereum-based memecoin with a very large supply and an active community that has built out an ecosystem including a DEX and the Shibarium layer-2.
The context
SHIB’s ecosystem ambitions are real, but its value is overwhelmingly community- and speculation-driven, and its huge supply and thin fundamentals make it especially volatile. It is a high-risk, speculative asset.
Community attention and whale concentration, progress and real usage of its Shibarium layer-2, and token burns set against a very large circulating supply. Extremely speculative.
The Digital Take is reasoning and data from the Bitcoin Digital Editorial team — context, not a buy or sell call. Not financial advice.
Shiba Inu vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Shiba Inu SHIB | $0.0000043 | -2.05% | $2.53B |
| Dogecoin DOGE | $0.0732 | -1.24% | $10.76B |
| Pepe PEPE | $0.00000272 | -1.81% | $1.14B |
| Bonk BONK | $0.000004 | -2.44% | $284.00M |
| FLOKI FLOKI | $0.00002288 | -1.72% | $219.65M |
| dogwifhat WIF | $0.1508 | -1.82% | $150.65M |
Shiba Inu FAQ
What is Shiba Inu?
Shiba Inu (SHIB) is an Ethereum-based memecoin launched in 2020, with a very large supply and a large community. It anchors an ecosystem that includes a DEX and a layer-2 network.
Why is the SHIB price so small?
Because SHIB has an enormous circulating supply, the price per token is very small. Market capitalisation, not price per token, reflects its overall size.
What is Shibarium?
Shibarium is a layer-2 network in the Shiba Inu ecosystem designed to make transactions cheaper and faster.
Is Shiba Inu a good investment?
Bitcoin Digital does not give financial advice. SHIB is a speculative, sentiment-driven and highly volatile asset. Do your own research.
Where does Bitcoin Digital’s Shiba Inu price come from?
Live price, 24-hour change and volume come from Binance market data; market cap is the live price multiplied by a curated circulating-supply figure.