What is Shiba Inu?
SHIB is an experiment in decentralised spontaneous community building created under the Shiba Inu’s’s ecosystem. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. Users are allowed to hold billions or even trillions of them.
A brief history of Shiba Inu
What began as a meme currency has now transformed into a decentralised ecosystem. During Shiba Inu’s initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. Since then, the price of SHIB skyrocketed from an ATL of USD 0.000000000056 to an all time high of $0.000084, a 150,000 times increase. In turn, Vitalik donated 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% was burnt. The donation was worth about $1 billion at the time, making it one of the largest donations ever.
How does Shiba Inu work?
The Shiba Inu team launched a decentralised exchange called ShibaSwap with two tokens, LEASH and BONE. LEASH is a scarce supply token, used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.
SHIB is an Ethereum-based alternative to Dogecoin (DOGE), the popular and original canine-themed meme coin. As such, it’s compatible with the vast Ethereum ecosystem, including Ethereum wallets, is available on decentralised exchanges (or DEXs), and can be incorporated into ETH-based DeFi applications including lending and savings products and NFT marketplaces.
What is Shiba Inu used for?
The Shiba Inu Token ecosystem supports the Shibaswap DeFi exchange, the DoggyDAO, and projects such as an NFT art incubator.
FAQs
Shiba Inu Coin Price Prediction 2025
According to our SHIB price forecast, the Shiba Inu coin has a promising future. Shiba Inu prices are expected to range between $0.0000423 and $0.0000505 in 2025, with the former representing a potential low and the latter representing a possible high.
How much is a Shiba Inu worth over time? ›
Shiba Inu (SHIB) Price History
Over the last year, Shiba Inu price is +144.33%. The highest price of SHIB in the last year was $0.000036 and the lowest price of SHIB in the last year was $0.0000066.
Which crypto will boom in 2024? ›
1. Dogeverse – A Multi-Chain Doge Token Expected to Boom in 2024. Dogeverse ($DOGEVERSE) is a multi-chain doge-based token. With the ability to “hop” between different networks, eager investors can purchase $DOGEVERSE on six major blockchains, from Ethereum, BNB Chain, and Polygon to Solana, Avalanche, and Base.
What is the highest price of Shiba Inu in USD? ›
What is Shiba Inu highest price ever? Shiba Inu (SHIB) reached its highest price on Sep 8, 2021 — it amounted to 0.00009000 USD.
Can Shiba Inu reach $1 dollar by 2040? ›
And to reach a value of $1, the market cap of Shiba Inu would have to be $589 trillion, which is currently unattainable.
What will Shiba In 2050 be worth? ›
According to our calculations, Shiba Inu might reach an average price of $0.0077 by 2050. Shiba Inu may also face short downturns, with the minimum price level hanging around $0.0074.
What will be the price of Shiba Inu after 10 years? ›
Shiba Inu (SHIB) Price Prediction 2030
| Year | Price |
|---|
| 2025 | $ 0.000027 |
| 2026 | $ 0.000029 |
| 2027 | $ 0.00003 |
| 2030 | $ 0.000035 |
1 more rowThe current circulating supply of SHIBA INU is 589 trillion.
How much SHIB is left? ›
The current circulating supply of Shiba Inu is 589.26T. This is the total amount of SHIB that is available.
Which crypto can make you rich in 2025? ›
7 Cryptos With Explosive 5X Potential by 2025
- Ethereum (ETH-USD): Even with its relatively high price ETH has 5x upside.
- XRP (XRP-USD): XRP is free legally and remains the top cross-border transaction token.
- Cardano (ADA-USD): Strong fundamentals and low price are the prime factors for Cardano.
Prediction: Ethereum Will Reach $10,000 in 2030 | Nasdaq.
Which crypto has best future? ›
Top 10 Cryptos to Invest In April 2024
- Introduction to Crypto.
- Top 10 Cryptos in 2024. Bitcoin (BTC) Ethereum (ETH) Binance Coin (BNB) Solana (SOL) Ripple (XRP) Dogecoin (DOGE) Polkadot (DOT) SHIBA INU (SHIB) Cardano (ADA) Avalanche (AVAX)
- Conclusion.
Shiba INU (SHIB) is a high-risk investment. However, earlier deemed as a “meme coin” with little utility other than trading, SHIB is increasing its applications. It has its own Metaverse called Shib Metaverse. The lead developer of SHIB, Kaal Dhariya has also announced upcoming ERC404 NFTs and fungible tokens.
How much is 50000000 SHIB worth? ›
You can convert 50000000 SHIB to 1,289.72 USD. Live SHIB to USD calculator is based on live data from multiple crypto exchanges.
How much is 2 million SHIB worth in dollars? ›
The current price of 2000000 Shiba Inu in US Dollar is 42.47 USD. The price is calculated based on rates on 20 exchanges and is continuously updated every few seconds.
How much will Shiba Inu coin be worth in 2030? ›
Shiba Inu (SHIB) Price Prediction 2030
According to your price prediction input for Shiba Inu, the value of SHIB may increase by +5% and reach $ 0.000036 by 2030.
How much is a Shiba Inu worth in 2040? ›
By 2040, a projected average price of approximately $0.076 could materialize if the current growth trajectory persists. In the long term, the Shiba Inu Coin exhibits significant potential. Our highest projected price for Shiba Inu Coin in 2040 is $0.089.
How much does a Shiba Inu 2030 cost? ›
The same Shiba Inu price prediction for 2030 in INR is: INR 0.63 (maximum), INR 0.074 (minimum) and INR 0.16 (average).
Will Shiba Inu reach $1 cent by 2025 prediction? ›
To reach 1 cent, Shiba Inu would have to increase in price by a factor of 1111. Assuming a 50% burn rate and continuing with the current development plans, SHIB can reach $1 in 31 years. Will SHIB reach $1 in 2025? No, the Shiba Inu will not become a dime in value by 2025.
