$0.00
Shiba Inu Price | $0.00 |
24h High / 24h Low | $0.00 / $0.00 |
Trading Volume | $86,073,965.00 |
Price Change (24h) | $0.00 |
Price Change Percentage (24h) | 0.876% |
Market Cap Rank | #24 |
Market Cap | $6,719,693,338.00 |
Market Cap Change (24h) | $59,408,341.00 |
Market Cap Change Percentage (24h) | 0.892% |
Volume / Market Cap | 0.0128 |
All-Time High | $0.00 |
All-Time Low | $0.00 |
Shiba Inu (SHIB) is a decentralized ERC-20 meme token built by the pseudonymous “Ryoshi” in 2020 to rival Dogecoin, boasting an anime-inspired Shiba Inu mascot and a sprawling community ecosystem.
Shiba Inu was created anonymously by “Ryoshi,” who established the project’s decentralized ethos without a central team. The ShibaSwap developers later joined to expand its DeFi offerings.
Shiba Inu’s unique draw lies in its rapid community growth on social media, its tri-token ecosystem (SHIB, LEASH, BONE), and its own decentralized exchange, ShibaSwap, which offers staking, liquidity provision, and NFT auctions.
Security is inherited from Ethereum’s Proof-of-Stake network, ShibaSwap smart contracts have undergone audits, but the huge initial supply and centralized burn mechanics require trust in the protocols’ safeguards.
Shiba Inu functions as both a speculative asset and a utility token within ShibaSwap, where holders can stake for rewards, vote on governance issues, and participate in ecosystem token launches.
Protocol enhancements such as new staking pools or NFT releases are implemented via smart-contract deployments on Ethereum. Core token logic remains immutable once deployed. Events like burns or token launches are coordinated by the community.
Large Shiba Inu holders include early speculators, ShibaSwap liquidity pools, and institutional wallets that entered via token grabs or secondary offerings.