Shiba Inu (SHIB) has evolved from a meme-inspired cryptocurrency into a dynamic ecosystem with real utility in decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain innovation. As one of the most talked-about digital assets, tracking the live SHIB price in USD is essential for investors, traders, and crypto enthusiasts. This comprehensive guide delivers up-to-date insights into SHIB's current value, market performance, historical trends, and unique features that set it apart in the crowded crypto landscape.
🔢 SHIB Price Statistics (Updated in Real-Time)
As of today, the Shiba Inu price stands at $0.00001195 USD, reflecting ongoing market activity and investor sentiment. Below is a detailed snapshot of key metrics shaping SHIB’s current market position:
- 24-Hour Low / High: $0.00001132 / $0.00001212
- Market Cap: $7.04 billion
- 24-Hour Trading Volume: $199,269,880
- Market Dominance: 0.205%
- Circulating Supply: 589,248,082,594,263.9 SHIB
- Total Supply: 589,502,698,687,478.1 SHIB
👉 Discover how SHIB’s price movements can impact your portfolio strategy.
Yesterday’s Performance Snapshot
- Yesterday’s Low / High: $0.00001108 / $0.00001195
- Opening / Closing Price: $0.00001190 / $0.00001195
- Yesterday’s Volume: $153,307,060
Historical Price Ranges
- 7-Day Low / High: $0.00001108 / $0.00001212
- 30-Day Low / High: $0.00001115 / $0.00001195
- 90-Day Low / High: $0.00001115 / $0.00001195
- 52-Week Low / High: $0.00001108 / $0.00001195
While SHIB hasn’t reached its all-time high of over $0.000086 (set in October 2021), its consistent presence among top cryptocurrencies underscores enduring community support and long-term potential.
📈 Real-Time Shiba Inu Price Chart (SHIB to USD)
The live SHIB/USD chart reflects real-time fluctuations based on global exchange data. These movements are influenced by trading volume, macroeconomic factors, whale activity, and broader market sentiment across DeFi and NFT sectors.
Although we can't embed visual charts here, you can access live updates through trusted platforms that pull data directly from major exchanges such as Binance, Coinbase Pro, and Kraken.
💸 Where to Buy Shiba Inu (SHIB)
Shiba Inu is widely available across leading cryptocurrency exchanges. Here are some top platforms where SHIB is actively traded:
- Binance: Offers high liquidity for SHIB/USDT pairs
- Coinbase Pro (GDAX): Supports both SHIB/USD and SHIB/USDT
- Kraken & Bitfinex: Reliable options with strong security measures
- KuCoin & Gate.io: Popular among international traders
All listed exchanges report tight spreads ($0 in most cases), ensuring efficient trade execution.
🧬 What Is Shiba Inu (SHIB)?
Launched in August 2020 by an anonymous creator known only as Ryoshi, Shiba Inu was designed as a decentralized alternative to Dogecoin—with a strong emphasis on community governance and Ethereum compatibility.
Unlike centralized projects controlled by founders or corporations, SHIB operates as a community-driven ecosystem where decisions emerge from collective input rather than top-down mandates.
At launch, one quadrillion SHIB tokens were minted—an intentionally massive supply meant to encourage mass adoption and microtransactions. Since then, strategic token burns have reduced the total supply, increasing scarcity and perceived value over time.
⚙️ How Does Shiba Inu Work?
Shiba Inu isn’t just a meme coin—it powers a full-fledged DeFi ecosystem built on Ethereum and expanding via its Layer-2 solution, Shibarium.
Key components include:
- ShibaSwap: A decentralized exchange (DEX) allowing users to swap tokens, provide liquidity, and stake assets.
- Staking Rewards: Users can stake SHIB, LEASH, or BONE tokens to earn passive income.
- Doggy DAO: A decentralized autonomous organization governed by BONE token holders who vote on protocol upgrades and treasury allocations.
This infrastructure enables financial inclusion, empowers retail investors ("the plebs"), and fosters innovation within the Web3 space.
🔍 How Is SHIB Different From DOGE?
While both began as lighthearted memecoins, their technological paths diverged significantly:
| Feature | Shiba Inu (SHIB) | Dogecoin (DOGE) |
|---|---|---|
| Blockchain | Ethereum-based (ERC-20) | Independent PoW chain |
| Consensus Mechanism | Proof-of-Stake (via Ethereum) | Proof-of-Work |
| Staking Support | Yes (on ShibaSwap) | No |
| Governance Model | Decentralized (Doggy DAO) | Centralized influence |
| Environmental Impact | Low energy usage (~1% of PoW) | Higher carbon footprint |
SHIB’s integration with Ethereum grants it access to smart contracts, DeFi apps, and NFTs—giving it far more utility than DOGE.
🌟 What Makes Shiba Inu Unique?
Several innovations distinguish SHIB in the crypto world:
- Community Ownership: No single entity controls the project.
- Token Burns: Regular destruction of tokens increases long-term value.
- Shibarium Layer-2: Reduces transaction fees and boosts scalability.
- Metaverse Initiative: “SHIB: The Metaverse” introduces virtual land, gaming, and digital collectibles.
- NFT Art Incubator: Supports emerging artists within the ecosystem.
These developments transform SHIB from a speculative asset into a platform for innovation and user empowerment.
🔁 How Many SHIB Coins Are in Circulation?
Initially, 1 quadrillion SHIB tokens were created. Through continuous burn mechanisms—where tokens are permanently removed from circulation—the supply has been reduced.
Currently:
- Circulating Supply: ~589.25 trillion SHIB
- Burned Tokens: Over 41 quadrillion (yes—more than issued!)
Each burn event enhances scarcity, similar to stock buybacks in traditional finance. With fewer tokens sharing the same ecosystem value, each remaining token gains incremental worth.
👉 Learn how token burns could influence future price surges.
🔐 How Is the Shiba Inu Network Secured?
As an ERC-20 token, SHIB inherits Ethereum’s robust security framework. Additionally:
- Validators on Shibarium must stake tokens to participate.
- Malicious actors risk losing their stake (slashing mechanism).
- Randomized block validation prevents collusion.
- The DAO ensures transparent decision-making without central control.
This layered approach makes Shiba Inu resilient against attacks while promoting fairness and decentralization.
🤔 Frequently Asked Questions (FAQ)
Q: What is the current price of Shiba Inu in USD?
A: As of now, SHIB is trading at approximately $0.00001195 USD.
Q: Can I stake Shiba Inu tokens?
A: Yes—SHIB, LEASH, and BONE can all be staked on ShibaSwap to earn rewards.
Q: Is Shiba Inu built on Ethereum?
A: Yes, SHIB is an ERC-20 token running on the Ethereum blockchain, with expansion via Shibarium.
Q: What is Shibarium?
A: Shibarium is Shiba Inu’s Layer-2 scaling solution designed to reduce fees and increase transaction speed.
Q: How do token burns affect SHIB’s price?
A: By reducing supply over time, burns increase scarcity—which can drive demand and potentially boost prices.
Q: Where can I track live SHIB price data?
A: Reliable sources include CoinGecko, CoinMarketCap, and integrated tools on exchanges like OKX.
👉 Stay ahead with real-time alerts and advanced trading tools for SHIB.