What Shiba Inu actually is
Shiba Inu (SHIB) is a memecoin, currently ranked 29th by market capitalization among the assets we track. There is no revenue model or fee engine to point to with Shiba Inu. It trades on narrative momentum, social reach, and reflexivity, which can drive spectacular moves in both directions.
Shiba Inu (SHIB) is a meme-based cryptocurrency that aims to be an experiment in decentralized community building, inspired by the Shiba Inu dog breed. It operates on the Ethereum network and aims to create a fun and engaging ecosystem for its users.
How memecoins actually trade
Memecoins are reflexive: rising prices attract attention, attention attracts buyers, and the loop runs in reverse just as fast on the way down. Holders are effectively trading the strength and durability of a narrative.
SHIB is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Meme Coin, and Binance Coin (BNB) Token (BEP-20).
Where Shiba Inu sits in the market
With SHIB near $0.00000400, Shiba Inu carries a market capitalization of $2.48B. Around $41.74M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.69% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Only ~59% of the 1,000T-SHIB maximum supply is circulating today, so emissions remain a live factor in price discovery. SHIB remains -95% beneath its all-time high of $0.00008837, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, SHIB shows 24-hour -2.29%, 7-day -6.73%, 30-day -11.18%, 1-year -58.48%. Across roughly the last 365 days of daily candles, SHIB endured a peak-to-trough drawdown of about 66% before stabilizing.
Volatility profile
Recent action puts Shiba Inu in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -11.18%, a useful input for stop placement and position sizing.
How to think about a memecoin like Shiba Inu
For an asset of this type, three lenses matter most:
- Liquidity and float — how deep the order book is and how much of the supply could hit the market — thin liquidity cuts both ways.
- Community momentum — social activity and holder growth, since attention is the only fundamental a memecoin has.
- Survivorship odds — whether the project has staying power beyond a single hype cycle — most memecoins do not.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
