SHIBA INU logo

SHIBA INU price

(SHIB)

$0.00
0.00%

Market stats

$11.6B

$881.3M

-23.66%

549.1T SHIB

70 days

69% buy
31% sell

#11

-

0%

0%

-20.52%

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About SHIBA INU

Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.

What is Shiba Inu (SHIB)? 

Shiba Inu (SHIB) was developed to answer a simple question: What would happen if a cryptocurrency project was 100 percent run by its community? 

SHIB is a token designed to be an Ethereum-compatible alternative to Dogecoin (DOGE). Like DOGE, SHIB is intentionally abundant — with an initial circulating supply of one quadrillion coins. The Shiba Inu ecosystem also supports projects such as an NFT art incubator and a decentralized exchange called Shibaswap.

Who created Shiba Inu?

An anonymous developer named Ryoshi launched SHIB in August 2020. The project began  with a total supply of one quadrillion tokens — a truly vast number.

How do I buy Shiba Inu?

You can buy, send, and receive SHIB from a few different crypto exchanges. And because SHIB is issued as an Ethereum token, it’s compatible with the vast Ethereum ecosystem. 

Advantages include compatibility with Ethereum wallets like Coinbase Wallet, availability on decentralized exchanges (or DEXs) like UniSwap, the potential for SHIB to be incorporated into ETH-based DeFi applications like lending and savings products and NFT marketplaces.

How is SHIB different from DOGE?

SHIB, unlike DOGE, is compatible with the Ethereum ecosystem — which has allowed the community to create crypto apps like ShibaSwap, a DEX that allows users to trade and stake tokens without an intermediary. In the future, the Shiba community plans to release an NFT platform and DAO-based governance system for the Shiba ecosystem (called “DoggyDAO”).

Released: August 2020

SHIBA INU is on the decline this week.

The price of SHIBA INU has fallen by 20.52% in the past 7 days. The current price is $0.000021 per SHIB. The new price represents a new all time high of $0.000021.The current circulating supply is 549,063,278,876,301.94 SHIB.

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This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges. Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.