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Shiba Inu coin Price
Shiba Inu price

Shiba Inu coin priceSHIB

Listed
Buy
$0.{5}4988USD
-4.25%1D
The price of Shiba Inu coin (SHIB) in United States Dollar is $0.{5}4988 USD.
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Price chart
Shiba Inu coin/USD live price chart (SHIB/USD)
Last updated as of 2026-06-04 02:01:04(UTC+0)

Live Shiba Inu coin price today in USD

The live Shiba Inu coin price today is $0.$144.54M4988 USD, with a current market cap of $2.94B. The Shiba Inu coin price is down by 4.25% in the last 24 hours, and the 24-hour trading volume is {5}. The SHIB/USD (Shiba Inu coin to USD) conversion rate is updated in real time.
How much is 1 Shiba Inu coin worth in United States Dollar?
As of now, the Shiba Inu coin (SHIB) price in United States Dollar is valued at $0.{​5}4988 USD. You can buy 1SHIB for $0.{​5}4988 now, you can buy 2,004,655.21 SHIB for $10 now. In the last 24 hours, the highest SHIB to USD price is $0.{​5}5340 USD, and the lowest SHIB to USD price is $0.{​5}5010 USD.

Do you think the price of Shiba Inu coin will rise or fall today?

Total votes:
Rise
0
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0
Voting data updates every 24 hours. It reflects community predictions on Shiba Inu coin's price trend and should not be considered investment advice.

In-depth analysis of Shiba Inu coin's market trends today

Shiba Inu coin market summary

The current price of Shiba Inu coin (SHIB) is $0.$144,538,715.084988, with a 24-hour change of -4.25%. The current market capitalization is approximately $2,939,374,143.75, and the 24-hour trading volume is {5}.

Shiba Inu Key Takeaways

According to Bitget real-time chart analysis, from the current technical structure, the market's key support level for Shiba Inu (SHIB) is currently at $0.00000510, with the main resistance level at $0.00000586. If the SHIB price moves out of this range, it may trigger a new trend. Overall, the current market is in a Consolidation/Bottoming phase, with SHIB price fluctuations mainly concentrated within key technical zones.

Technical Indicators

RSI: Currently at 37.69, indicating that market momentum is weak/bearish and approaching oversold territory.
MACD: The signal is currently Neutral to slightly Bearish, with the histogram hovering near the zero line, reflecting a lack of strong directional momentum.
MA Structure: The price is currently trading below the 50-day SMA ($0.0000060) and 200-day SMA ($0.0000068), showing that the medium-to-long term trend remains under downward pressure.

Market Drivers

The current SHIB price and market conditions are primarily influenced by the following factors:
Token Burn Rate Dynamics: Recent spikes in the SHIB burn rate (over 1,000% in some 24-hour windows) continue to drive community sentiment, though the impact on the massive total supply remains marginal.
Exchange Inflows: Significant transfers of SHIB (over 407 billion tokens) to trading platforms have signaled increased sell-side liquidity, contributing to recent bearish pressure.
Ecosystem Developments: Anticipation surrounding the LEASH v2 upgrade and the "Shib Alpha Layer" (Layer-3) development provides a fundamental counter-narrative to the current technical weakness.

Trading Signals

Based on the current technical structure and market momentum, analysts provide the following reference trading strategies:

Potential Buy Zone

• If the SHIB price approaches $0.00000500 - $0.00000510 and shows signs of stabilization or a bounce, it may form a short-term buying opportunity.
• If the SHIB price successfully breaks above $0.00000586 with significant volume, it could confirm a trend reversal.

Risk Scenario

• If the SHIB price falls below $0.00000500, the market may enter a deeper correction phase, potentially testing historical lows.

Buy Strategy

Based on the current market structure, analysts offer the following reference strategies:

Conservative Investors

• Wait for the SHIB price to pull back to the $0.00000510 support level and buy in batches upon confirmation of support.
• Or wait for the price to effectively break the $0.00000586 resistance before following the trend.

Trend Investors

• If the SHIB price breaks $0.00000586, a new upward trend may form, with the next target price set at $0.00000660.

Long-term Investors

• As long as the market stays above $0.00000500, the long-term accumulation logic remains intact, allowing for gradual positioning during dips.

Trends Summary

Market Insights

From a short-term perspective, SHIB has shown a Bearish/Descending price structure over the past 7 days, and market sentiment is generally characterized by Extreme Fear (Index near 23). Currently, the price is oscillating between the $0.00000510 support and $0.00000586 resistance.

Market Outlook

Bullish Case: If SHIB breaks $0.00000586, the next target could be $0.00000660.
Bearish Case: If SHIB falls below $0.00000510, the next downside target could be $0.00000435.

Market Consensus

The consensus among multiple analysts is: Although SHIB may experience continued volatility or consolidation in the short term, if the price maintains its position above the critical support of $0.00000510, the medium-term outlook could shift toward Sideways Accumulation as the market waits for a broader recovery.

Now that you understand the market, it's time to buy and trade. Over 100 million crypto users choose to trade on Bitget. Bitget supports a wide range of trading methods for crypto assets such as Shiba Inu coin, including buying, selling, spot trading, futures trading, on-chain trading, and staking. It also offers one of the most advantageous transaction fee rates across the entire industry!

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Risk disclaimer

The above analysis is based on Bitget's real-time chart data and technical indicators, compiled and reviewed by the Bitget research team. It is for reference only and does not constitute investment advice. Cryptocurrency prices are highly volatile. Please make investment decisions based on your own risk tolerance.

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Shiba Inu market info

Price performance (24h)
24h
24h low $024h high $0
All-time high (ATH):
$0.{4}8845
Price change (24h):
-4.25%
Price change (7D):
-7.85%
Price change (1Y):
-61.90%
Market ranking:
#29
Market cap:
$2,939,374,143.75
Fully diluted market cap:
$2,939,374,143.75
Volume (24h):
$144,538,715.08
Circulating supply:
589.24T SHIB
Max supply:
--

About Shiba Inu coin (SHIB)

What Is Shiba Inu?

Shiba Inu (SHIB) is a meme coin. Launched in August 2020, Shiba Inu was introduced to the crypto world by an anonymous person or group known as "Ryoshi”. Named after a breed of Japanese dog that has become a popular online meme, Shiba Inu is one of many tokens that have been described as a "meme coin," similar to Dogecoin. Despite its meme-inspired origins, Shiba Inu has rapidly gained traction and is recognized for its value, growth, and engaging community.

While the details surrounding the origins remain mysterious, the vision of Shiba Inu was clear from the outset – to create a fully decentralized and vibrant ecosystem within the Ethereum blockchain, which fosters a sense of community and offers more than just a digital asset.

Inspired by Dogecoin but looking to surpass it in terms of utility, Shiba Inu came into existence with the intention of being more than a fun meme cryptocurrency. It has been designed with an ecosystem that includes ShibaSwap, its own decentralized exchange.

Resources

Whitepaper: https://github.com/shytoshikusama/woofwoofpaper/raw/main/SHIBA_INU_WOOF_WOOF.pdf

Official website: https://www.shibatoken.com/

How Does Shiba Inu Work?

Shiba Inu was designed to be a self-regulating community. The token's creator, known only as "Ryoshi," began with a supply of one quadrillion SHIB. 50% of the total supply was locked into Uniswap, a decentralized finance protocol used for exchanging cryptocurrencies. The remaining 50% was sent to Ethereum co-founder Vitalik Buterin as a burn gesture.

Shiba Inu is an ERC-20 token, which means it abides by the set of protocols established for tokens on the Ethereum blockchain. This gives it the advantage of being interoperable with a vast range of services that also use the Ethereum network.

Shiba Inu can be obtained by mining, buying on crypto exchanges like Bitget and Coinbase, or through decentralized trading platforms like Uniswap. It is also possible to earn SHIB by providing liquidity on DeFi platforms.

ShibaSwap, the native decentralized exchange of Shiba Inu, offers additional ways to interact with the token. It allows holders to stake their SHIB tokens and earn rewards, as well as swap tokens and participate in yield farming.

Rise to Popularity

Shiba Inu gained a quick rise to fame in May 2021 when Ethereum co-founder, Vitalik Buterin, received half of SHIB's total supply from the developers as a part of a burn mechanism. He donated a significant portion of it to a Covid-19 relief fund for India, garnering massive media attention for Shiba Inu.

While its meme origins and association with Dogecoin have certainly contributed to its rise, Shiba Inu also owes much of its success to the wider cryptocurrency bull run, which has seen a resurgence of interest in altcoins. The robust community behind it, the so-called "Shiba Army," also plays a critical role in popularizing and developing the Shiba Inu project.

In early March 2023, Shiba Inu Layer-2 network, Shibarium is in public beta testing phase.

What Determines Shiba Inu's Price?

Understanding the factors that influence the Shiba Inu coin price is crucial for both seasoned investors and newcomers in the cryptocurrency market. Often touted as the "Dogecoin killer," Shiba Inu is an Ethereum-based ERC-20 token that has garnered significant attention, partly due to its vibrant community known as the SHIBArmy. One of the most compelling aspects of Shiba Inu's value is its community-driven approach.

Unlike traditional assets, the Shiba Inu cryptocurrency price is largely influenced by its strong and active community, social media trends, and high-profile endorsements—such as tweets from Elon Musk. This community backing acts as a double-edged sword; while it can pump the current price of Shiba Inu to staggering highs today, it also makes the asset susceptible to dramatic falls. As a result, making a Shiba Inu price prediction becomes a challenging task.

The Shiba Inu market cap has seen astronomical gains, peaking at a staggering market capitalization of $41 billion in October 2021. However, it's essential to note that Shiba Inu's price history is marked by extreme volatility, a common trait among meme coins. The Shiba Inu price chart often reflects frenetic trading activity rather than intrinsic utility, making it a high-risk, high-reward Shiba Inu investment.

Another key factor affecting the Shiba Inu coin price is its total supply and the token burning mechanism. Initially, Shiba Inu had a total supply of 1 quadrillion tokens. A significant portion of these tokens were burned, permanently removed from circulation, potentially driving up the Shiba Inu coin value.

Shiba Inu's ecosystem also includes other tokens like Leash and Bone, as well as platforms like ShibaSwap, a decentralized exchange that adds utility to the Shiba Inu cryptocurrency. The exchange allows users to trade, stake, and participate in yield farming, offering multiple avenues for potential returns. With Shiba Inu price live updates available on various exchanges and its integration into different blockchain projects, the current Shiba Inu price in USD, INR, GBP, or EUR is readily accessible, making it easier for global investors to jump in.

However, the question "Is Shiba Inu a good investment?" doesn't have a straightforward answer due to its speculative nature. Investment in Shiba Inu should be considered carefully, keeping in mind the asset's volatility and ever-changing market trends.

The Shiba Inu price is determined by a complex interplay of factors including community support, celebrity endorsements, tokenomics, and its ecosystem's utility. While the Shiba Inu price forecast remains highly unpredictable, understanding these factors can offer valuable insights for both short-term traders and those considering long-term Shiba Inu investment strategies.

Conclusion

Shiba Inu has quickly risen to prominence in the crowded world of cryptocurrencies. Its origin as a meme coin might have fueled its initial popularity, but its underlying technology and the development of a robust ecosystem that includes its own decentralized exchange, ShibaSwap, have given it substance beyond the meme.

It's important to note that like any other cryptocurrencies, Shiba Inu carries its own risks and it's always wise to do your own research and exercise caution while investing.

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Shiba Inu coin Price history (USD)

The price of Shiba Inu coin is -61.90% over the last year. The highest price of SHIB in USD in the last year was $0.{4}1596 and the lowest price of SHIB in USD in the last year was $0.{5}5006.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-4.25%$0.{5}5010$0.{5}5340
7d-7.85%$0.{5}5010$0.{5}5556
30d-19.80%$0.{5}5006$0.{5}6686
90d-10.77%$0.{5}5006$0.{5}6686
1y-61.90%$0.{5}5006$0.{4}1596
All-time+309366.50%$0.{10}8165(2020-08-27, 5 years ago)$0.{4}8845(2021-10-28, 4 years ago)
Shiba Inu coin price historical data (all time)

What is the highest price of Shiba Inu coin?

The SHIB all-time high (ATH) in USD was $0.Shiba Inu coin8845, recorded on 2021-10-28. Compared to the Shiba Inu coin ATH, the current {4} price is down by 94.36%.

What is the lowest price of Shiba Inu coin?

The SHIB all-time low (ATL) in USD was $0.{10}8165, recorded on 2020-08-27. Compared to the Shiba Inu coin ATL, the current Shiba Inu coin price is up 6109673.09%.

Shiba Inu coin price prediction

When is a good time to buy SHIB? Should I buy or sell SHIB now?

When deciding whether to buy or sell SHIB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SHIB technical analysis can provide you with a reference for trading.
According to the SHIB 4h technical analysis, the trading signal is Strong sell.
According to the SHIB 1d technical analysis, the trading signal is Strong sell.
According to the SHIB 1w technical analysis, the trading signal is Strong sell.

What will the price of SHIB be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Shiba Inu coin(SHIB) is expected to reach $0.{5}5516; based on the predicted price for this year, the cumulative return on investment of investing and holding Shiba Inu coin until the end of 2027 will reach +5%. For more details, check out the Shiba Inu coin price predictions for 2026, 2027, 2030-2050.

What will the price of SHIB be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Shiba Inu coin(SHIB) is expected to reach $0.{5}6385; based on the predicted price for this year, the cumulative return on investment of investing and holding Shiba Inu coin until the end of 2030 will reach 21.55%. For more details, check out the Shiba Inu coin price predictions for 2026, 2027, 2030-2050.

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FAQ

What is Shiba Inu (SHIB)?

Shiba Inu coin (SHIB) is a decentralized meme token that grew in popularity as part of the wave of dog-themed cryptocurrencies. It was introduced as an Ethereum-based ERC-20 token and brands itself as the "Dogecoin Killer."

Who created Shiba Inu (SHIB)?

Shiba Inu was created by an anonymous individual or group known as "Ryoshi." The creator's identity remains a mystery, similar to Bitcoin's Satoshi Nakamoto.

What is the total supply of SHIB tokens?

The initial total supply of SHIB was 1 quadrillion. However, a significant portion (50%) was sent to the Ethereum co-founder Vitalik Buterin, who later burned (permanently removed from circulation) a large percentage of what was sent to him and donated the rest to charity.

Why is the price of Shiba Inu so low compared to other cryptocurrencies?

SHIB started with a very large supply of 1 quadrillion tokens, which means that even with a large market cap, the price per token can be extremely low. Additionally, its initial design was as a "meme" coin, with prices often starting at very low values.

What factors can positively or negatively affect the value of SHIB in the future?

Factors that can positively impact SHIB's value include increased adoption, favorable regulatory news, partnerships, development in its ecosystem (like the ShibaSwap platform), and positive sentiment in the broader crypto market. Conversely, regulatory crackdowns, negative publicity, broader market downturns, or issues with its platforms can adversely affect its value.

Will Shiba Inu (SHIB) reach US$1?

Shiba Inu, a popular meme coin, has garnered significant attention and a dedicated community since its inception. However, its potential to reach US$1 is viewed with skepticism by many experts. The primary reason is its massive circulating coin supply, currently at 589 trillion as of August 2023. To achieve US$1, Shiba Inu would need a market cap of US$589 trillion, an astronomically high figure compared to the entire crypto market's cap, which is just over US$1 trillion. Additionally, while Shiba Inu is working on various projects to enhance its utility and move beyond its meme coin status, such as the Shibarium blockchain and gaming initiatives, the consensus is that these developments, even combined with potential coin burns, are unlikely to propel its price to the US$1 mark in the foreseeable future. Moreover, the crypto market's competitive landscape, especially the crowded meme coin sector, poses challenges for Shiba Inu's growth. When it launched in 2020, its main competitor was Dogecoin, but now numerous dog-themed meme coins vie for market share. Various macroeconomic factors, like crude oil prices and inflation, can also influence Shiba Inu's performance. In conclusion, while Shiba Inu has potential and a series of projects in the pipeline, reaching a US$1 valuation in the near term is deemed improbable by most analyzed sources. As always, potential investors should conduct thorough research and seek expert advice before making decisions.

What factors are influencing the current price of Shiba Inu?

The price of Shiba Inu is influenced by market sentiment, overall crypto market trends, adoption news, social media buzz, and developments related to its ecosystem like ShibaSwap. Additionally, trading volumes on exchanges including Bitget Exchange play a significant role.

Is Shiba Inu a good investment at its current price?

Whether Shiba Inu is a good investment depends on your risk tolerance and market outlook. It's a highly speculative asset with high volatility. It's advisable to conduct thorough research and consider market trends before investing, and consider trading or buying it on Bitget Exchange for liquidity options.

How does the Shiba Inu price correlate with Bitcoin and Ethereum?

Shiba Inu often shows positive correlation with Bitcoin and Ethereum, moving in tandem during bullish or bearish market phases. However, as a meme coin, it can sometimes experience independent spikes or drops influenced by social media hype, which can be monitored effectively on platforms like Bitget Exchange.

Can upcoming updates or projects impact Shiba Inu's price?

Yes, developments such as ShibaSwap enhancements, NFT releases, or partnerships can positively influence Shiba Inu's price by increasing utility and investor interest. Staying updated via official channels and trading on Bitget Exchange provides timely access to price movements following announcements.

What role do social media and celebrity endorsements play in Shiba Inu's price?

Social media trends and celebrity endorsements can create sudden price volatility through increased demand and speculative trading. This hype-driven trading activity is easily accessible on platforms like Bitget Exchange, where rapid buy and sell orders occur in response to such news.

How do market trends and regulations affect Shiba Inu's price?

Broader market trends and regulatory news impact Shiba Inu's price indirectly by affecting investor confidence in cryptocurrencies. Favorable regulations can lead to price surges, while restrictive policies might cause dips. Bitget Exchange provides a platform to trade or hedge positions amidst such market conditions.

Is there any technical analysis pattern that can predict Shiba Inu's price movements?

Technical analysts often look at moving averages, RSI, MACD, and volume indicators for Shiba Inu. Patterns like support and resistance levels and trend lines can give insights but are not foolproof. Trading tools on Bitget Exchange offer real-time charts and indicators to assist with analysis.

How does liquidity on Bitget Exchange influence Shiba Inu's price stability?

Higher liquidity on Bitget Exchange facilitates smoother price movements with less slippage, helping stabilize Shiba Inu's price. Low liquidity can cause higher volatility, so Bitget's active trading pairs can contribute to more reliable price discovery.

Can large holders or 'whales' significantly impact Shiba Inu's price?

Yes, large holders or whales can impact Shiba Inu's price by executing substantial buy or sell orders, causing significant price swings. Monitoring order books and trade volumes on Bitget Exchange can help identify whale activity and anticipate possible price impacts.

Where can I buy or trade Shiba Inu safely and with good liquidity?

You can buy or trade Shiba Inu safely with good liquidity on Bitget Exchange, which offers a secure platform with various trading pairs, competitive fees, and advanced order types to manage your trades effectively.

What is the current price of Shiba Inu coin?

The live price of Shiba Inu coin is $0 per (SHIB/USD) with a current market cap of $2,939,374,143.75 USD. Shiba Inu coin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Shiba Inu coin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Shiba Inu coin?

Over the last 24 hours, the trading volume of Shiba Inu coin is $144.54M.

What is the all-time high of Shiba Inu coin?

The all-time high of Shiba Inu coin is $0.{4}8845. This all-time high is highest price for Shiba Inu coin since it was launched.

Can I buy Shiba Inu coin on Bitget?

Yes, Shiba Inu coin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Shiba Inu coin guide.

Can I get a steady income from investing in Shiba Inu coin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Shiba Inu coin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Shiba Inu coin (SHIB)?

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SHIB/USD price calculator

SHIB
USD
1 SHIB = 0.{5}4988 USD. The current price of converting 1 Shiba Inu coin (SHIB) to USD is 0.{5}4988. This rate is for reference only.
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SHIB resources

Shiba Inu coin rating
4.5
107 ratings
Contracts:
0x95ad...b64c4ce(Base)
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Bitget Insights

saidur01061982
saidur01061982
10h
 Title: Meme Coins: Smart Trading or Just Crypto Betting? How to Stay Safe on Bitget
! Hello Bitgetters!  Meme coins like DOGE, SHIB, and PEPE are completely dominating the crypto market trends right now. Every single day, we see traders pulling in massive gains from these tokens. At the same time, we witness others wiping out their entire portfolios in just a few minutes. This brings up a crucial debate: Are meme coins a legitimate trading asset, or are they just a high-risk betting side of the crypto world? Let's uncover the reality.  Meme Coins vs. Utility Coins Established cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) are built on solid technology, real-world utility, and long-term roadmaps. Meme coins, on the other hand, usually have no fundamental backing. They thrive purely on internet jokes, social media hype, and FOMO (Fear Of Missing Out). A single tweet from a celebrity can pump a meme coin by 1,000%, and the moment the hype fades, it crashes right back to earth.  Why It Feels Like "Betting" Many pro-traders compare meme coins to casino betting for three undeniable reasons: Zero Fundamentals: Most meme coins lack a real product or use case. You are essentially wagering on human psychology and social trends. Extreme Volatility: A token can pump 500% in a single day and dump 99% the next. The Rug Pull Danger: Thousands of new meme coins launch daily on networks like Solana. Statistically, over 90% of them turn out to be developer scams (Rug Pulls). How to Trade Meme Coins Like a Pro on Bitget (Don't Gamble, Trade!) If you want to extract profits from the meme coin market, you must stop gambling and start applying strict trading strategies. Leverage Bitget’s top features and follow these golden rules:  Risk Capital Only: Never invest your rent money or life savings. Allocate only a tiny portion of your portfolio (e.g., 1–5%) to memes. Only use money you are completely comfortable losing.  What’s Your Take? Do you view meme coins as a highly profitable trading tool or just a glorified lottery ticket? Which meme coin are you holding in your Bitget wallet right now? Let’s discuss in the comments below!  #Bitget #BitgetInsights #MemeCoins #CryptoTrading #CopyTrading #RiskManagement $BTC
BTC-3.05%
DOGE-3.23%
BH_HELAL_JR
BH_HELAL_JR
15h
Will $SHIB Flip $DOGE In 2026?
DOGE-3.23%
SHIB-3.88%
BH_HELAL_JR
BH_HELAL_JR
1d
🚀 TOP MEMECOINS! 🔥 Dogecoin. Shiba Inu. Pepe. And the MemeCore Which one is actually leading the pack right now? 👀 🐕 $DOGE 🐶 $SHIB 🐸 $PEPE 🟣 $M What’s your biggest bag? Drop it in the comments + tag your memecoin squad 👇
DOGE-3.23%
M-0.98%
John222
John222
2d
In my opinion, if I had to choose for the next meme season, $Pepe/$Shib/$Floki and $Bonk would have a high probability of being hyped.📊Now it's a bit of a downer. Make your own decision. Good luck.📊
FLOKI-5.17%
SHIB-3.88%
CRYPTOHEIGHTS
CRYPTOHEIGHTS
3d
Will $SHIB Hit 1$ by 2030? 🤔 Many investors dream of seeing $SHIB reach 1$, but it would require an enormous increase in market value and likely major token burns over time. Nothing is impossible in crypto, but for SHIB to reach that level, it would need: Massive adoption 🔥 Continuous token burns 🔥 Strong community support 🔥 Long-term market growth What do you think, traders? Can $SHIB reach 1$ by 2030, or is that target too ambitious?
SHIB-3.88%

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