Shiba Inu (SHIB) is a meme-inspired cryptocurrency launched in 2020, known for its community-driven growth and ecosystem expansion including tokens and a decentralized exchange.
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Shiba Inu (SHIB) was introduced in August 2020 by an anonymous creator called "Ryoshi." Originally designed as an experiment in decentralized community building, the project drew inspiration from the popularity of Dogecoin and aimed to enhance the concept by prioritizing community participation and decentralization. Unlike many other cryptocurrencies, SHIB started with an enormous total supply of one quadrillion tokens, which kept the individual token price low and contributed to its meme-like popularity. SHIB gained significant attention through its active community and was marketed as the "Dogecoin killer," attracting investors and social media influencers. A pivotal moment occurred in May 2021 when Ethereum co-founder Vitalik Buterin was gifted 50% of SHIB's supply. He chose to burn a l...
As of now, SHIBA INU is trading at 0.000014 USD, with a 24-hour trading volume of approximately 26.01M USD. The SHIB to USD price is updated in real time. Over the past 24 hours, SHIBA INU has increased by 12.78%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 8.44B USD. Currently, there are 589 250 000 394 247.4 SHIB in circulation out of a maximum supply of 589 504 394 222 084.9 SHIB.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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