Shiba Inu Price (SHIB)
Price Chart
Modest gains today — price edged higher. No strong conviction signal either way.
Negative week — price has drifted lower. Watch if this becomes a multi-week pattern.
Price is trading near its lowest point of the day — bears have pushed it down. A bounce from this level is possible, but a close here is bearish.
RSI of 64 is above the neutral 50 line, indicating buyers have more control than sellers over the past 14 periods.
The 7-day average price is more than 3% above the 30-day average — a sign that recent momentum is decisively bullish. The trend may continue but watch for exhaustion.
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About Shiba Inu
The "Dogecoin killer" — the largest community-driven meme coin ecosystem.
Shiba Inu (SHIB) is an Ethereum-based meme token launched anonymously in August 2020, inspired by the Shiba Inu dog breed. It was initially distributed for free and gained massive popularity in 2021. The Shiba Inu ecosystem has expanded beyond the original token to include a DEX (ShibaSwap), a layer-2 network (Shibarium), and a complementary ecosystem token (BONE).
SHIB is used for trading, tipping, and as a community reward token within the Shiba Inu ecosystem. Shibarium (the layer-2 chain) was launched in 2023 to provide lower-cost transactions for SHIB ecosystem applications. A limited number of merchants and crypto-payment platforms accept SHIB directly.
Key facts
| Category | Meme Coin / Ecosystem Token |
| Launched | 2020 |
| Consensus | Ethereum (Proof of Stake) |
| Supply | Originally 1 quadrillion SHIB. Large amounts burned continuously through community burn programs. |
| Founder | Anonymous ("Ryoshi") |
| Official site | https://shibatoken.com |