What is Shiba Inu?

Shiba Inu (SHIB) is a memecoin currently ranked 29th by market capitalization across all crypto assets we track. Memecoins derive value primarily from community attention and cultural momentum rather than cash-flow fundamentals.

Market position

At the current price of $0.00000600, Shiba Inu carries a market capitalization of $3.44B. Daily trading volume across exchanges sits at roughly $44.88M. That works out to a 24-hour turnover of about 1.30% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, Shiba Inu has moved ++0.31%; over the past week, Shiba Inu has moved -7.02%; over the past 30 days, Shiba Inu has moved -5.57%; over the past year, Shiba Inu has moved -61.16%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.

Cycle position

Shiba Inu is currently trading far below its all-time high (all-time high of $0.00008837, -93.2% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $0.00000509, current pricing represents a +18% recovery.

Supply & dilution

The circulating supply stands at 589,264,883,286,600 SHIB. Roughly 58.9% of the maximum supply has been issued — meaningful dilution still ahead via emissions, vesting unlocks, or staking rewards.

Volatility profile

Recent price action puts Shiba Inu in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -5.57%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate Shiba Inu

A balanced read on SHIB typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is SHIB performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.