Current SHIB Market Overview
Price (USDT): $0.00001157
24-hour Change: ▼ 4.53%
| Metric | Value |
|---|---|
| 24h High | $0.00001214 |
| 24h Low | $0.00001148 |
| Last Updated | 2025-07-04 16:28 UTC |
SHIB Token Fundamentals
Core Specifications
- Native Name: Shiba Inu (柴犬币)
- Ticker: SHIB
- Blockchain: Ethereum (ERC-20)
- Launch Date: August 2020
- Total Supply: 1 quadrillion SHIB
- Founder: Anonymous developer "Ryoshi"
- Market Cap Rank: Top 20 cryptocurrencies globally
Primary Use Cases
- Meme coin with cultural significance
- Community governance token
- Utility within decentralized exchanges
👉 Discover how SHIB compares to other top meme coins
SHIB Ecosystem Breakdown
Community & Governance
- Decentralized Governance: Fully community-driven with no centralized control
- Global Following: Strong social media presence with active "Shib Army"
- Cultural Impact: Positioned as a "Dogecoin Killer" in meme coin space
Technological Infrastructure
ShibaSwap DEX
Native decentralized exchange featuring:- Token swaps
- Liquidity mining
- Staking rewards
Shibarium Layer 2
Scaling solution that:- Reduces gas fees
- Improves transaction speed
- Enables complex dApp development
NFT Ecosystem
Including exclusive collections like Shiboshis that:- Enhance community engagement
- Create digital collectibles market
Economic Mechanisms
Token Burns: Deflationary model through:
- Transaction fee burns
- Community-led destruction initiatives
- Charity Work: Notable $1B SHIB donation to India's COVID relief fund
FAQ: SHIB Investors' Top Questions
Is SHIB a good long-term investment?
While SHIB has strong community support, meme coins carry higher volatility. Diversify your portfolio and invest only what you can afford to lose.
How does Shibarium improve SHIB's utility?
This Layer 2 solution makes micro-transactions feasible by reducing fees by ~90%, enabling real-world payment use cases.
Where can I stake my SHIB tokens?
👉 Major exchanges offer staking, but higher yields are available through ShibaSwap's BONE rewards system.
What drives SHIB's price movements?
Key factors include:
- Bitcoin market trends
- Meme coin popularity cycles
- Ecosystem development updates
- Celebrity/influencer endorsements
How does SHIB differ from Dogecoin?
While both are meme coins, SHIB offers:
- Smart contract capabilities
- DeFi ecosystem integration
- Active token burning mechanism
Note: All data accurate as of 2025-07-04. Cryptocurrency investments involve risk—conduct thorough research before trading.