Shiba Inu (SHIB) Price Analysis and Essential Stats

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Overview

Shiba Inu (SHIB) is a decentralized, dog-themed cryptocurrency that has garnered a dedicated community known as the ShibArmy. Its mission revolves challenging traditional centralized financial systems through meme-inspired innovation.

Key Metrics

MetricValue
Market Cap$6.82B (-4.44%)
Trading Volume$120.03M (-19.45%)
All-Time High$0.0000880 (Oct 28, 2021)
Rank#24

👉 Discover how SHIB compares to other top cryptocurrencies


Circulating Supply

SHIB boasts a high circulating supply, enhancing liquidity:

Supply TypeAmount
Circulating Supply589.51 trillion SHIB
Total Supply999.98 trillion SHIB
Max Supply1.00 quadrillion SHIB

Updated 6 days ago


Exchange Listings & Markets

SHIB trades actively across 72 exchanges. Top markets include:

ExchangePairVolume (24h)
BinanceSHIB/USDT$15.03M
CoinWSHIB/USDT$8.27M
PoloniexSHIB/USDT$8.06M

👉 Explore SHIB trading strategies


Additional Stats


Contract Addresses

BlockchainAddress
Ethereum0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE
BNB Smart Chain0x2859e4544C4bB03966803b044A93563Bd2D0DD4D

FAQ

1. What drives SHIB’s value?

SHIB’s value stems from its community (ShibArmy), utility in decentralized ecosystems, and speculative trading.

2. Is SHIB’s supply inflationary?

Yes, its max supply is 1 quadrillion tokens, but active burns aim to reduce circulation.

3. Where can I stake SHIB?

Platforms like ShibaSwap and OKX offer staking options.

4. How does SHIB differ from Dogecoin?

SHIB operates on Ethereum (ERC-20), enabling smart contracts, while Dogecoin uses its own blockchain.


Final Thoughts

Shiba Inu remains a high-risk, high-reward asset fueled by community enthusiasm. Always DYOR (Do Your Own Research) before investing.