Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

The cryptocurrency Shiba Inu was created in August 2020 by an anonymous person known as "Ryoshi."

Shiba Inu aims to be a 100% community-led, decentralized cryptocurrency which seeks complete independence from centralized authorities and takes pride in that it was not founded from an existing community. 

SHIB exists on the Ethereum blockchain because Ryoshi viewed it as a well-established, secure, and decentralized network that would allow the Shiba Inu project to be developed with zero outside regulation. 

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Scrypt-based mining algorithm. 

When SHIB was created, 1 quadrillion tokens were minted. SHIB’s founder sent 50% of the total supply to Ethereum co-founder Vitalik Buterin, who then burned 90% of his holdings by sending the tokens to a dead blockchain address. Buterin said he’d donate the remaining 10% to charity. 

The remaining supply, which wasn’t sent to Buterin, is locked in Uniswap, which is a decentralized finance protocol used to exchange cryptocurrencies. 

The Shiba Inu community considers the crypto to be a "Dogecoin Killer" because it has the ability to top its memecoin rival's market cap without ever crossing the $0.01 mark. 

Shiba Inu is widely considered to be a memecoin due to its high volatility and potential risk, as well as its network effect, driven by influential commentators like Tesla CEO Elon Musk.

Shiba Inu (SHIB) is currently trading at the bottom of the chart after falling to a new low of $0.00001008.

Shiba Inu Falls Further Below $0.00001200

Signs of green shoots have emerged in the shiba inu SHIB market, with whale accumulation and an inside week candle suggesting a price recovery ahead.

Shiba Inu Whale Accumulation, 'Inside Week' Candle Offer Hope to SHIB Bulls

Shiba inu (SHIB) whales went bargain hunting early this week after prices dropped to a 16-month low of $0.00001005.

Shiba Inu Whales Snap Up 10T SHIB, Prices Chalk Out Descending Triangle Pattern

Shiba Inu's SHIB v-shaped price recovery from 16-month lows is characterized by a surge in trading volumes, according to CoinDesk's AI research.

Shiba Inu's V-Shaped Recovery Driven By Over 2T SHIB in Volume

The price of Shiba Inu (SHIB) has been gradually declining since falling below the current support of $0.00001200.

Shiba Inu Pauses Above $0.00001140 As Buyers Step Back In

A key indicator is flashing red for shiba inu (SHIB) as the recent price drop to two-month lows has shaken out leveraged bullish bets.

SHIB Long-Short Ratio Slides as Over $1.8M in Bullish Bets Liquidated

Shiba inu (SHIB), the world's second-largest meme token by market value, faced selling pressure alongside losses in the broader crypto market and U.S. stocks.

Shiba Inu Slides to Two-Month Low as Trump Downplays Iran Truce

Shiba inu's (SHIB) supply-side dynamics are screaming bullish, yet the second-largest joke cryptocurrency by market value trades under pressure.

Shiba Inu Price Sell-Off Continues as SHIB Burn Rate Skyrockets to 112,000%

New data from the market intelligence firm Santiment reveals that Dogecoin (DOGE) rival Shiba Inu (SHIB) could skyrocket as whale activity around the meme asset increases. In a new analysis, Santiment says that historically, deep-pocketed investors making moves worth over $100,000 have predated peaks in prices for digital assets.

This Dogecoin Rival Could Go Higher Amid Increased Whale Activity, Says Analytics Platform Santiment

The price of Shiba Inu (SHIB) is currently trading above the $0.00001200 support at the bottom of the chart.

Shiba Inu Loses Price Level As It Struggles To Surpass $0.00001340

Shiba Inu (SHIB) whales appear to be in a risk-off mode ahead of the pivotal U.S. inflation data, which is likely to show a renewed uptick due to U.S. President Donald Trump's tariffs.

Shiba Inu Whale Transactions Over $100K Plunge as U.S. Inflation Data Looms

Shiba inu (SHIB) remains locked in a downtrend despite recovering from overnight lows, as the sharp drop in the "daily burn" rate has dented deflation prospects.

Shiba Inu's Downtrend Intact as Daily Burn Rate Tanks by 63%

Memecoin Shiba inu SHIB has chalked out a 3% recovery from overnight lows under $0.00001200, outperforming bitcoin BTC despite reports of a massive whale transaction.

Shiba Inu Recovers Amid Massive $36M Whale Transaction; Still Stuck in Downward Channel

Pepe

Memecoins Shiba Inu (SHIB) and PepeCoin (PEPE) have disappointed bulls over the past 24 hours, suggesting a risk-off mood in the broader crypto market.

Shiba Inu Breaks High-Volume Support, PepeCoin Fails to Top 200-Day Average

The shiba inu (SHIB) token is trading higher but strong momentum is lacking despite buyers' efforts to establish strong support.

Shiba Inu Bull Momentum Limited After Buyers Offered Support

Shiba inu SHIB, the world's second-largest meme token by market value, trades in the bearish territory below the Ichimoku cloud after facing high-volume selling overnight.

SHIB Under Pressure, Below Ichimoku Cloud After High-Volume Overnight Selling

The price of Shiba Inu (SHIB) has fallen to a low of $0.00001313, below its moving average lines.

Shiba Inu Coin Slides To Its Previous Lows Below $0.00001200

Shiba Inu price prediction explores SHIB's future amid meme coin trends, ecosystem upgrades like Shibarium, whale activity, and market sentiment.

Shiba Inu Price Prediction - What could affect SHIB's future price?

From May 29 to May 30, 2025, SHIB experienced marked volatility with prices varying between $0.000013252 and $0.000014508, according to CoinDesk Research's technical analysis data model. A critical support level emerged around $0.000013285, where buying pressure was noticeable, triggering upward reversals.

Shiba Inu Struggles for Direction as Billions of SHIB Tokens Hit Exchanges

Shiba Inu (SHIB) has demonstrated impressive resilience amid global economic uncertainties, recovering strongly after bottoming at 0.00001405 during mid-day trading.

SHIB Surges on Massive Volume After Mid-Day Plunge

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Trading platform eToro (ETOR) has expanded its crypto offerings in the U.S., adding 12 new digital assets including Dogecoin DOGE, Cardano ADA and XRP XRP, the company said Wednesday.

EToro Adds DOGE, XRP, SHIB and 9 Others in U.S. Crypto Push After Nasdaq Debut

The cryptocurrency market continues to navigate choppy waters as global economic tensions weigh on investor sentiment.

SHIB Stalls Below Key Resistance as Whale Activity Collapses 83%.

Meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are no longer just speculative internet jokes, they're acting as powerful entry points into the broader cryptocurrency economy, according to a new report. A survey published by Gemini on Tuesday reveals that a significant share of crypto adopters first engaged with digital assets through meme coins before branching out into other areas like NFTs, DeFi and stablecoins.

Dogecoin, Shiba Inu And Other Meme Coins Are Entry Points To Crypto Ecosystem: Report

Geopolitical tensions and shifting trade policies continue to influence cryptocurrency markets, with Shiba Inu 's SHIB token demonstrating remarkable resilience amid broader economic uncertainty.

SHIB Surges 5% After Mid-Day Dip, Defying Economic Tensions

Over 42 million Shiba Inu (CRYPTO: SHIB) tokens were pulled out of circulation Sunday, putting additional deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate blasted 1866% in the last 24 hours, resulting in a supply squeeze of 42.122 million SHIB tokens, according to Shibburn, the coin's official burn tracker.

News for Shiba Inu Crypto (SHIB)