Shiba Inu SHIB
Shiba Inu (SHIB) launched in August 2020 as an ERC-20 token on Ethereum, created by an anonymous developer using the alias "Ryoshi".
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Market data
Key metrics
Price chart
Shiba Inu price chart
Converter
SHIB to USD calculator
Convert any amount of SHIB to USD (or USD to SHIB) at the live mid-market rate.
Rate: 1 SHIB = 0.00000543 USD. Live mid-market price refreshed every 5 minutes. Exchanges may quote slightly different rates including spread and fees.
Where to buy
Compare verified SHIB exchanges
A broader comparison of up to five exchange partners with SHIB support and a region-routed sign-up link, ranked by HodlChecker score rather than bonus size.
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SHIB market prices
Shiba Inu markets
Native SHIB spot pairs on centralized exchanges, ranked by reported 24h USD volume. Prices can differ by spread, liquidity, fees, and region.
| Venue | Pair | Price | 24h volume | Spread | Freshness | Action |
|---|---|---|---|---|---|---|
BitDelta Market data | SHIB/USDT | $0.00 | $15.61M | 0.37% | 11m ago | Open market |
KuCoin Market data | SHIB/USDT | $0.00 | $4.01M | 0.02% | 11m ago | Open market |
Poloniex Market data | SHIB/USDT | $0.00 | $2.36M | 0.04% | 11m ago | Open market |
Binance Market data | SHIB/USDT | $0.00 | $1.88M | 0.18% | 11m ago | Trade |
WhiteBIT Market data | SHIB/USDT | $0.00 | $1.76M | 0.37% | 11m ago | Open market |
Market data is filtered to remove stale or anomalous pairs. Use it as a liquidity and price reference, not a guarantee of executable pricing.
About the asset
About Shiba Inu
Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency ecosystem built on the Ethereum blockchain. Originally launched as a meme-based project, it has evolved into a comprehensive financial ecosystem designed to offer a decentralized alternative to traditional banking. Its main value proposition lies in its transition from a social phenomenon into a functional utility network, supported by a vast global community known as the ShibArmy and a commitment to 100% community ownership with no central leadership.
The ecosystem features its own decentralized exchange, ShibaSwap, where users can trade, provide liquidity, and earn rewards. To address Ethereum’s high costs and slow speeds, the project utilizes Shibarium, a Layer 2 scaling solution that processes transactions faster and more affordably.
What drives the Shiba Inu price
The structural forces behind SHIB's price moves — without forecasting where it goes next.
Burn mechanics
SHIB has no halving and no native issuance schedule, so price tightening only happens through token burns — supply being permanently sent to inaccessible addresses. Around 410 trillion SHIB were famously burned by Vitalik Buterin in May 2021, and the project runs an ongoing community burn programme. How much SHIB actually leaves circulation each month is the closest thing this asset has to a Bitcoin-style supply story.
Shibarium adoption
Shibarium is the project's Ethereum Layer-2 chain, launched in August 2023. SHIB acts as gas indirectly through the BONE token, and Shibarium activity (transactions, dApp deployments, bridge volume) is the main signal of whether the SHIB ecosystem is becoming a real network or remaining a meme. Quiet Shibarium activity has historically capped SHIB rallies; high activity has amplified them.
Retail attention cycles
Like Dogecoin, SHIB's short-term price is unusually sensitive to social momentum. Reddit and X mentions, exchange listings, and viral memes have repeatedly preceded sharp SHIB rallies — and the inverse drawdowns when attention fades. Tracking social volume often explains SHIB moves better than on-chain or burn metrics.
Shiba Inu milestones
- Aug 2020SHIB launched as an Ethereum ERC-20 token by pseudonymous "Ryoshi"
- May 2021Vitalik Buterin burned ~410T SHIB sent to his address
- Oct 2021First major rally — briefly entered top-10 by market cap
- Sep 2021Listed on Coinbase, expanding US retail access
- Aug 2023Shibarium Layer-2 mainnet launched
This is context, not a forecast. Shiba Inu prices can move sharply in either direction; nothing on this page is financial advice.
Shiba Inu FAQ
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What is the official Shiba Inu contract address?
Informational only. Cryptocurrency is volatile and not suitable for everyone — nothing on this page is financial advice.