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Shiba Inu (SHIB) price today

Shiba Inu is an Ethereum meme token created in 2020 as an alternative to Dogecoin that later gained a decentralized exchange and its own layer-2 network.

Written and reviewed by the Cripto View editorial team

Shiba Inu price now

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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Shiba Inu?

SHIB was launched in August 2020 by an anonymous creator known as Ryoshi. Initial supply was 1 quadrillion tokens, and half was sent to Ethereum co-founder Vitalik Buterin, who burned most of it and donated the rest.

The project is run by a community of developers and supporters, with no formal company.

How Shiba Inu works

SHIB is a standard Ethereum token with no blockchain of its own. Around it grew the ShibaSwap decentralized exchange, other ecosystem tokens and Shibarium, a layer-2 network with lower fees.

The community promotes token burns to reduce supply, but the amount burned is small compared with the total in circulation.

What SHIB is used for

  • Speculative trading.
  • Payments at merchants and services that accept the token.
  • Use in ecosystem applications such as ShibaSwap and Shibarium.

Risks and points of attention

  • A price driven mainly by sentiment and social media, with no revenue basis.
  • An enormous supply and large balances concentrated in a few addresses.
  • An anonymous team and a security incident on the Shibarium bridge in 2025.
  • Very deep declines after price peaks.

Key facts

SymbolSHIB
Asset typeToken
Launch2020-08
NetworkToken on Ethereum
Maximum supply1 quadrillion at launch; a significant part has been burned

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Shiba Inu

Are Shiba Inu and Dogecoin the same thing?

No. Dogecoin has its own blockchain and mining. Shiba Inu is a token issued on Ethereum, created later as a competitor inspired by the same meme.

Why is the unit price of SHIB so low?

Because supply runs to hundreds of trillions of units. Price per unit does not show whether an asset is cheap; what matters is market capitalization.

What is Shibarium?

It is a layer-2 network linked to Ethereum, created by the Shiba Inu ecosystem to offer cheaper transactions.

Where does the Shiba Inu price on this page come from?

The panel shows the SHIB price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.