A meme cryptocurrency, Shiba Inu runs on the Ethereum blockchain. Termed the "Dogecoin killer," it became popular due to its vibrant community and ecosystem that featured other tokens such as LEASH and BONE and a DEX called ShibaSwap.
Shiba Inu (SHIB) Crypto – Price, Exchange & Converter
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SHIB Coin Market Data
Shiba Inu market info
SHIBA INU Price is $0. Its current circulating supply is shib 589,501,003,949,710 with a market cap of $7,332,540,756.84.
PRICE
$ 0
MARKET CAP
$ 7,332,540,756.84
24h % PRICE
-3.41 %
24H VOLUME
$ 179,776,547.69
7d % PRICE
-8.03 %
COIN SUPPLY
589,501,003,949,710 SHIB
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The average time for exchange is about 2 minutes. You can track the crypto swap progress on the exchange page.
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What is Shiba Inu crypto?
In August 2020, an anonymous person (or a group of people) named [“Ryoshi”](https://twitter.com/ryoshiresearch) created the Shiba Inu cryptocurrency, which was projected to become a “Dogecoin killer.” The newborn cryptocurrency quickly gained speed and value thanks to tweets from well-known crypto users such as Vitalik Buterin and Elon Musk.
Oppositely to Dogecoin’s Scrypt-based mining, SHIBA INU was launched as an ERC-20 token, built upon the Ethereum blockchain with Proof-of-Work mining, migrating to a Proof-of-Stake consensus mechanism. SHIB, like many other dog-inspired crypto-assets, attracted the attention of potential investors. 50% of the total supply was locked in Uniswap and another half was “burnt’ to Ethereum co-founder Vitalik Buterin. Buterin burnt 40% of the coin’s total supply after making a $1 billion worth SHIB [donation](https://etherscan.io/tx/0xb65bcbb85c1633b0ab4e4886c3cd8eeaeb63edbb39cacdb9223fdcf4454fd2c7) to [India’s Covid-19 Relief Fund](https://cryptorelief.in/). Even though it originated as a meme coin, today it is a massive project with a vibrant ecosystem surrounding it. The project developed its own [Shibaswap DEX](https://shibaswap.com/#/) with two additional tokens – LEASH and BONE; each one serving the specific needs of either DEX or Doggy DAO. Moreover, the coin's team invites dog-inspired artists worldwide to their Shiba Inu Incubator – a place for incentivizing the NFT market.
Shiba Inu (SHIB) FAQ
You can check out SHIB price in USD at the top of this page. However, the price displayed does not consider the network and service fees that are charged during the exchange. You can input the amount of SHIB tokens you want to buy in our calculator to know the exact amount you will get after the exchange is complete.
While SHIB initially began as a meme, now it stands as a developing ecosystem with its own DEX (ShibaSwap) and NFT project, and with bigger plans for a Layer 2 blockchain called Shibarium, while also seeking applications in DeFi and metaverse projects.
Head to the top of this page to view the Shiba Inu price in real time. Please note that the displayed price does not include the transaction fees applied during the exchange. You can also use our SHIB calculator which will calculate both the asset price and fees.
