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What is a Shibu? Shiba Inu (SHIB) is a community-driven cryptocurrency that runs on the Ethereum blockchain. It was launched in August 2020 by an anonymous founder, Ryoshi. It was started as an experiment to fully see what happens when a token project is entirely run by its community. The Shib Inu ecosystem comprises three main tokens: SHIB, LEASH, and BONE, each serving distinct roles, ranging from governance to liquidity incentives. Its main platform, ShibaSwap, allows users to swap tokens, provide liquidity, and stake assets. At launch, Shiba Inu had a massive supply of one quadrillion tokens, designed for abundance and inspired by other meme-themed projects such as Dogecoin. Today, traders and investors track the Shiba Inu price and overall SHIB news to follow how community activity, token burns, and ecosystem updates affect its market performance.
How does Shiba work?
Shiba Inu functions as an ERC-20 token on the Ethereum network, using smart contracts to enable decentralized applications and transactions across its ecosystem. The project's core platform, ShibaSwap,serves as a decentralized exchange for swapping tokens, contributing liquidity, and staking for rewards. To boost efficiency and lower fees, the community made Shibarium, a Layer-2 blockchain built on Ethereum. It is designed to handle faster transaction costs and increase throughput. Traders, Shibarium’s activity, such as transaction volume and dApp launches, as they monitor the Shib price and long-term price prediction trends.
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Shiba inu Crypto News
The current price of SHIB is ₹0.0012. Over the last 24 hours, it has risen by 3%, while the current price is 2% up from ₹0.00, which was recorded one week ago. It is ₹0.0079, which was reached on September 9, 2021. At today's price, it dropped -85%, a% change from its price today.
SHIBA INU has a circulating supply of 589,245,889,378,584, which is essentially important of its max supply of 589,552,695,333,683 SHIB and 100% of both its maximum supply (589,500,927,804,870). At Current, the current market price of the market cap is ₹697.27 billion, which is calculated by multiplying the token price of SHIBA. Its fully diluted valuation (FDV) is about ₹697.63billion, which is the same as its diluted valuation.
SHIBA INU is the 3rd most popular cryptocurrency currently traded on Coinbase. It holds 0% dominance dominance, meaning it represents a very small portion of the total crypto market cap.
24-hour period is ₹24.617B. 7 days volume is ₹121.107B (average of ₹17.301B)
7 day volume: ₹121.107B (average ₹17.301B) which is ₹7.316B higher than the last 24h trading volume.
30 days volume: ₹775.672B, (average of ₹25.856B), which is ₹1.238B lower from the last 24h trading volume.
Concerns About Shiba Inu
As we know, investing in cryptocurrencies is quite risky, because of their price massive volatility and lack of regulation. Meme coins like Shiba Inu add another layer of differentiation, since most of their value is based on the trading by their followers. Let's see a few key concerns for a potential investor in Shiba Investors.
High Volatility
Like most cryptocurrencies, Shiba Inu experiences big price swings. However, since its price is very low compared to other coins, even small movements look minor in dollar terms unless you own a very large number of tokens. For example, between February 27 and September 4, 2024, SHIB’s price fluctuated by just $0.00000064.
If you had bought 10 million SHIB on February 27, 2024, for $114.30, by September 3, 2024, you would have made a profit of around $16.50. But if you invested in 10 billion SHIB (worth about $114,300), your gains would be much higher—around $16,500. On the flip side, if the price suddenly dropped by $0.0001, that same $114,300 investment could shrink to just $14,300.
Low Price Per Token
Shiba Inu trades at just a fraction of a cent, which makes it easy to buy millions of tokens with even a small investment. For example, when SHIB reached its peak price of $0.00009, $100 would have bought over 1.1 million tokens. While that kind of low entry point creates the possibility of big gains, it also comes with the risk of heavy losses if the price falls.
Limited Real-World Use
Even though Shiba Inu has introduced NFTs, is built on Ethereum, and launched its own Layer-2 network “Shibarium” to improve speed and reduce fees, its real-world applications are still very limited. Apart from NFT trading and some small gaming projects, SHIB doesn’t yet have a strong use case.
Shiba inu Crypto Price Prediction
Month (2025) | Min. Price | Avg.Price | Max. Price | Potential ROI |
September | $0.00001327 | $0.00001393 | $0.00001571 | 17.08% |
October | $0.00001457 | $0.00001519 | $0.00001581 | 17.81% |
November | $0.00001449 | $0.00001521 | $0.00001611 | 20.06% |
December | $0.00001536 | $0.00001542 | $0.00001549 | 15.45% |
SHIB's Canine Terminology
Shiba Inu apne dog theme ko mazedaar tareeke se use karta hai. Uske “woof paper” me simple shabdon me bataya gaya hai ki log apne tokens se kaise rewards kama sakte hain. ShibaSwap par users apne tokens ko “dig” karke liquidity provide kar sakte hain, “bury” karke stake kar sakte hain, ya phir “fetch” karke swap kar sakte hain. In activities se jo rewards milte hain unhe “Woof” returns kaha jata hai, jo Bone tokens me diye jate hain aur “Puppy Pools” me collect hote hain.
For many crypto fans, this fun and unconventional style is part of the appeal of meme coins. Instead of traditional financial terms like “liquidity” or “return on investment,” Shiba Inu presents its ecosystem with quirky, themed language that feels very different from the usual world of finance.
Conclusion - Shiba inu
Shiba Inu was founded in 2021, without any purpose or value. However, by the end of 2023, it had gained attention from traders, who used it in large volumes to take advantage of microscopic price movements and used it as a payment method. Today, the project continues to evolve, supported by a dedicated community to have utility and use cases. Thanks to these ongoing efforts, Shiba Inu has the potential to remain one of the more popular cryptocurrencies in the market.
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