Shiba Inu SHIB #33

Shiba Inu (SHIB) is a cryptocurrency that currently ranks #33 by market capitalisation. It is commonly associated with Meme, Animoca Brands Portfolio, Dog-Themed.

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.

This page combines live market data, historical performance, on-chain supply metrics and a scenario-based forecast for Shiba Inu. All figures are for information only and are not financial advice.

Shiba Inu is trading at $0.00000542, up 0.99% over the past 24 hours, within an intraday range of $0.00000528 to $0.00000545. Over the last seven days the price has moved -6.79%, and over 30 days -10.97%, for a one-year change of -61.61%.

With a market capitalisation of $3.20B (#33 overall) and 24-hour trading volume of $66.73M, Shiba Inu has a volume-to-market-cap ratio of 2.1%, a relatively modest level of daily turnover. The price currently sits 93.7% below its all-time high.

Cross-checked against Binance, the SHIBUSDT pair last traded at $0.00000543 (+0.56% over 24h), confirming the aggregated figure above.

Shiba Inu (SHIB) operates on a decentralised blockchain. It sits within the Meme and Animoca Brands Portfolio segment of the market. Its supply is not hard-capped, and every transaction is validated by a distributed network of participants rather than a central authority — which is what lets people transact without a trusted intermediary.

New to the concepts? Our glossary explains blockchain, consensus and wallets in plain English.

Several forces shape the price of Shiba Inu. Supply and demand are the foundation: with 589,243,250,243,083 SHIB in circulation and no hard cap, issuance and scarcity directly influence value. Liquidity matters too — Shiba Inu turns over $66.73M in a typical 24 hours, roughly 2.1% of its market capitalisation, so larger orders can move the market when volume is thin. At around 67% annualised volatility, sentiment shifts can move the price quickly. Beyond the order book, the biggest drivers include macroeconomic conditions and interest rates, regulation and spot-ETF flows, network adoption and on-chain activity, new exchange listings, and the overall mood of the crypto market.

Gauge overall market sentiment with our live Fear & Greed Index, and track the wider market on the markets page.

At a glance, Shiba Inu carries a market capitalisation of $3.20B, placing it at #33 among all cryptocurrencies. Its $66.73M in 24-hour volume reflects how actively it trades, while the 589,243,250,243,083 SHIB in circulation set the scarcity backdrop. The distance between the live price of $0.00000542 and the all-time high of $0.00008616 frames how much ground a full recovery — or a new record — would need to cover.

Shiba Inu has a circulating supply of 589,243,250,243,083 SHIB with a total supply of 589,499,878,357,801 SHIB and no fixed maximum. An uncapped supply means new SHIB can keep entering circulation, so inflation dynamics matter for long-term holders.

Fully diluted valuation (FDV) of $3.20B estimates the market cap if the entire supply were already circulating. A large gap between FDV and the current market cap of $3.20B can signal future token unlocks. Learn more in our tokenomics glossary entry.

Shiba Inu reached its all-time high of $0.00008616 on Oct 28, 2021 and its all-time low of $0.00000000 on Nov 28, 2020. At the current price, Shiba Inu is 93.7% below its peak and 9,622,159% above its lowest recorded price. The marker above shows where today's price sits within that historical range.

Technically, Shiba Inu is in a bearish posture. The price is trading below its 50-day moving average of $0.00000603 and below its 200-day average of $0.00000690. Over the past year it has ranged between $0.00000528 and $0.00001551. Annualised volatility is around 67%, typical for a major crypto asset. This is a simple momentum read, not a recommendation.

Whether Shiba Inu suits you depends on your goals, time horizon and risk tolerance — and nothing here is financial advice. On the positive side, Shiba Inu has an active market and a defined use case. On the cautious side, crypto is highly volatile — Shiba Inu's annualised volatility is roughly 67%, drawdowns can be severe, and regulation remains uncertain.

A disciplined approach matters more than any single forecast: size positions to your risk, consider dollar-cost averaging rather than timing the market, and never invest more than you can afford to lose. Use our position-size calculator to plan trades, and read our beginner guides before committing capital.