SHIBA INU

SHIBA INU
SHIB
Contract address
0x95ad...64c4ce
Copy SHIB contract address
$0.00000416
-$0.00000007(-1.72%)Today
Market cap
2.45bn
Total volume (24h)
47.44m
Volume / Market cap
0.0194
Circulating supply
589.24tn
Day range (24h)
$0.00000414$0.00000425
All-time low
$0.00
All-time high
$0.00008616

About SHIBA INU (SHIB)

Current SHIB Price: $0.00000416 | 16 July 2026 | Market cap: $2,450,695,700.

What is SHIB?

Shiba Inu is a community-driven DeFi ecosystem, created anonymously in August 2020 by a person or group known as "Ryoshi". Its native token, SHIB (pronounced "Shh-ib"), was launched as part of an "experiment in decentralised community building" and has since fuelled the expansion of Shiba Inu into a multi-token ecosystem.

What is the Shiba Inu ecosystem?

The Shiba Inu ecosystem extends beyond the SHIB token to include additional tokens like LEASH and BONE, as well as the ShibaSwap platform, a decentralised exchange where users can trade and stake tokens. The ecosystem also includes Shibarium, a Layer 2 blockchain solution designed to reduce transaction fees and increase speed. The community has expanded into NFTs with Shiboshi collectibles, and is developing a metaverse project called SHIB: The Metaverse.

Shiba Inu operates on the Ethereum blockchain as an ERC-20 token, benefiting from Ethereum's vast, secure, public ledger that records every transaction.

How does DeFi impact SHIB price?

DeFi apps allow you to buy, sell, trade, and stake assets like SHIB without intermediaries or banks. To get started, all you have to do is connect to a leading crypto wallet like MetaMask. DeFi is a global financial system, and an alternative to TradFi that is accessible to anyone with an internet connection, open 24/7 worldwide.

Price history

Today (16 July 2026)$0.00000416-1.72%
24 hours ago (15 July 2026)$0.00000423-1.72%
1 week ago (9 July 2026)$0.00000429-3.03%
1 month ago (16 June 2026)$0.000005-16.75%
1 year ago (16 July 2025)$0.00001435-71.01%

Calculator

SHIB market moves

Powered by MetaMask Market Insights


24h change: -2.21%. From $0.00000424 to $0.00000415.

  • Shibarium, Shiba Inu's layer-2 scaling solution on Ethereum, has now processed over one billion transactions. This milestone aligns with accelerated community token burns that recently achieved a six-month high. Holder numbers have grown beyond 1.67 million. These developments show expanding real usage and the project's shift toward greater utility through dapps, DeFi, and reduced token supply.
  • The US government moved roughly $235,000 worth of SHIB tokens seized from FTX and Alameda Research. On-chain data from Arkham tracked the transfers. This activity illustrates how regulatory enforcement actions continue to surface large volumes of SHIB in government-controlled wallets. It adds to broader discussion of the token's status following classifications as a commodity in certain jurisdictions.
  • Japanese technology company Rakuten produced the first tactile, physical Shiba Inu coin for its 44 million users. The initiative represents corporate adoption that brings the token into physical form for collectors and customers. It extends SHIB's presence beyond purely digital trading and meme culture into mainstream consumer products.

24h change: +3.22%. From $0.00000412 to $0.00000425.

  • On-chain data shows a net outflow of 148.7 billion SHIB tokens from exchanges in a single day. This reduces the supply available for immediate sale and may reflect holders moving tokens to private wallets. The move comes after SHIB has declined more than 40 percent year to date with weakening sell-side momentum visible in lower trading volume. It represents one of the more notable positive on-chain signals for the token in recent months.
  • Trading volume on Shibarium-based decentralized exchanges increased more than 1,500 percent in a 24-hour period. The network also saw transaction counts rise 361 percent and total value locked grow by nearly 12 percent. This rebound follows a period of lower activity and highlights growing usage of the layer-2 network tied to the Shiba Inu ecosystem. All of the recent DEX volume occurred on ShibaSwap.
  • The SHIB community continues to burn tokens through various mechanisms tied to Shibarium and other activities. Recent hourly updates show millions of tokens removed from circulation over 24-hour periods even as burn rates fluctuate. Burns contribute to gradual supply reduction of the 589 trillion plus circulating tokens. This ongoing effort is frequently highlighted in ecosystem updates and tracker accounts.

24h change: -1.90%. From $0.0000042 to $0.00000412.

  • Shiba Inu currently sits at a price of $0.000004154 after a 1.02 percent gain. Its market capitalization is approximately $2.45 billion, placing it as the 35th largest cryptocurrency. The 24-hour trading volume stands at $25.5 million. These figures reflect its established position as a leading memecoin on Ethereum with a circulating supply near 589 trillion tokens.
  • Asset manager T. Rowe Price filed to hold SHIB alongside bitcoin, ether, dogecoin and other tokens in its new ETF. The $1.8 trillion firm listed SHIB among a broad universe of potential assets but would not hold all simultaneously. This filing from earlier in 2026 points to possible institutional interest in established memecoins. SHIB has maintained relevance since its 2020 launch as a community-driven project.
  • SHIB dropped around 9 percent in early June alongside dogecoin as bitcoin approached $60,000. The token broke key support levels and traded below its major moving averages. Support was noted near $0.000004500 with resistance at previous levels. This fits broader patterns of volatility for meme tokens despite ecosystem efforts like token burns.

24h change: -2.34%. From $0.0000043 to $0.0000042.

  • Shibarium, Shiba Inu's layer-2 scaling solution, has now processed more than 1 billion transactions. This milestone reflects increased network usage, with over 175 million addresses and continued block production. The team has focused on optimizations, testnet resyncs like the recent Puppynet update, and upcoming features such as privacy enhancements using fully homomorphic encryption. These steps support greater utility for transactions, gaming, and decentralized applications in the ecosystem.
  • A wallet associated with Robinhood burned over 109 million SHIB in one transaction, contributing to more than 117 million tokens removed from circulation in a single day. This marked the highest daily burn rate in six months according to Shibburn data. Such burns permanently reduce the massive circulating supply of nearly 589 trillion tokens. Ongoing community and exchange related burns form part of long term tokenomics aimed at increasing scarcity.
  • Shiba Inu developers have confirmed substantial updates are ready for the previously paused Shiba Eternity game and metaverse projects. Improvements target gameplay, NFT customization like the Boshi Assembler, and virtual world features to boost play-to-earn elements. These relaunches are anticipated in late 2026 or 2027 alongside AI integrations and other ecosystem expansions. The moves aim to deliver more tangible utility and re-engage the community beyond trading.

24h change: -1.98%. From $0.00000439 to $0.0000043.

  • Reports show the SHIB burn rate has increased sharply with one of the largest burns recorded in six months. This ties to automatic burning on Shibarium transactions and new community tools like the ShibTorch portal. Reduced supply from these actions is a central part of the project's strategy and is tracked as an on-chain metric by holders.
  • The verified Shiba Inu X account began promoting various low market cap meme tokens. News sources questioned if this reflected a strategy shift or potential security issue. It has sparked discussion in the community about account management and trust for a project of this scale.
  • Several outlets released predictions for SHIB through 2026 and later years. Forecasts generally anticipate modest moves based on burn progress, Shibarium adoption, and overall market conditions. These analyses highlight the project's evolution from meme origins toward greater utility while noting persistent supply challenges.

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