CoinDesk • May 03, 23
Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits
One trader infamously took on a 50% slippage for getting out of their pepe position.
Read more

4.5
Create a Coinbase account to buy and sell SHIBA INU on the most secure crypto exchange.
Market cap
$4.7B
Volume (24h)
$152.3M
Circulating supply
589.3T SHIB
Typical hold time
250 days
Popularity
#13
All time high
$0.000032
Price change (1h)
-0.13%
Price change (24h)
-8.66%
Price change (7d)
-9.83%
Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of SHIBA INU has fallen by 9.83% in the past 7 days. The price declined by 8.66% in the last 24 hours. In just the past hour, the price shrunk by 0.13%. The current price is $0.00000792 per SHIB. SHIBA INU is 75.51% below the all time high of $0.000032.
The current circulating supply is 589,349,362,531,134.2 SHIB.
Average ratings from the community
4.5 out of 5
32623 ratings
Community
4.6
(11K)
Roadmap
4.4
(11K)
Usefulness
4.4
(11K)
This content is for informational purposes only.
Learn more
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.
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.
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.
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.
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
People who viewed SHIBA INU tend to also view the following cryptocurrencies.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
A selection of cryptocurrencies in the top 50 by market cap.
A selection of the most recently added cryptocurrencies.
Of all the assets on Coinbase, these 12 are the closest to SHIBA INU in market cap.
Conversion Table
SHIB/USD (US Dollar)
$0.00000792
SHIB/CAD (Canadian Dollar)
CA$0.000011
SHIB/GBP (British Pound)
£0.00000634
SHIB/JPY (Japanese Yen)
¥0.0011
SHIB/INR (Indian Rupee)
₹0.000653
SHIB/BRL (Brazilian Real)
R$0.000039
SHIB/EUR (Euro)
€0.00000737
SHIB/NGN (Nigerian Naira)
NGN 0.0037
SHIB/KRW (South Korean Won)
₩0.0103
SHIB/SGD (Singapore Dollar)
S$0.000011
CoinDesk • May 03, 23
Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits
One trader infamously took on a 50% slippage for getting out of their pepe position.
Read more
CoinDesk • Apr 11, 23
Shiba Inu's Metaverse Will Partially Open by 2023-End, Developers Say
The metaverse is unlikely to be fully completed on release as it will be an “ongoing project,” developers said.
Read more
CoinDesk • Apr 05, 23
Dogecoin Futures Set Record After Twitter Adopts Shiba Inu Logo
Open interest, which can be used to determine market strength behind price trends, jumped to all-time highs in dogecoin terms.
Read more
CoinDesk • Apr 03, 23
DeFi Tokens, Shiba Inu Clones Populate zkSync as Locked Value Climbs to $100M
Ether and USD Coin dominate locked tokens on the upstart network.
Read more
CoinDesk • Mar 31, 23
Shiba Inu's Testnet 'Puppynet' Sees Rising Activity Ahead of Shibarium Mainnet
Over 700,000 transactions have been conducted on the testnet so far, which, however, isn’t extremely large relative to the hype.
Read more
CoinDesk • Mar 08, 23
Shiba Inu Layer 2 Blockchain Shibarium to Release Beta Version This Week
Ecosystem tokens jumped following confirmation from Shibarium developers.
Read more
CoinDesk • Feb 27, 23
Shiba Inu Investor Transfers Tokens to Exchanges, Possibly Foreshadowing Price Drop
The shiba inu price slid 7% the last time the holder transferred the token to an exchange, data shows.
Read more
Learn how we collect your information by visiting our Privacy Policy.
We update our SHIBA INU to USD currency in real-time. Get the live price of SHIBA INU on Coinbase.
The current market cap of SHIBA INU is $4.66B. A high market cap implies that the asset is highly valued by the market.
The all-time high of SHIBA INU is $0.000032. 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 $152.26M.
Assets that have a similar market cap to SHIBA INU include Polygon, Wrapped TRON, TRON, 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 250 days.
SHIBA INU ranks 3 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying SHIBA INU. In other words, 98% 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.
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. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.