Shiba Inu Price

Shiba Inu is a decentralized cryptocurrency token created in August 2020 as an experiment in spontaneous community building. It is an ERC-20 token on the Ethereum blockchain designed to be a 'Dogecoin killer' and has gained massive popularity as a meme coin. Key features of Shiba Inu: - Total supply of 1 quadrillion tokens - 50% of supply locked for liquidity on Uniswap - Ecosystem includes SHIB token, LEASH, and BONE governance token - Decentralized exchange ShibaSwap launched in July 2021 - NFT project SHIBOSHIS released in October 2021 - Plans to enter metaverse with Shiberse project Shiba Inu has seen tremendous growth since launch, reaching a market cap of $3.89B and ranking 30 by market capitalization as of 2026-02-02. The current price is $0.000006608 with a 24-hour trading volume of $3.61M. While highly volatile, Shiba Inu has attracted a large and passionate community of supporters known as the 'SHIB Army'.

Shiba Inu was created in August 2020 by an anonymous developer known as Ryoshi. It was launched as a decentralized meme token on the Ethereum blockchain, designed to be a 'Dogecoin killer' and experiment in decentralized community building. The initial supply of Shiba Inu was set at 1 quadrillion tokens, with 50% locked for liquidity on Uniswap and the other 50% sent to Ethereum co-founder Vitalik Buterin's wallet (who later burned 90% of his holdings and donated the rest to charity). Since its creation, Shiba Inu has grown into a major cryptocurrency project with its own ecosystem, including a decentralized exchange called ShibaSwap launched in July 2021.

The founder of Shiba Inu is an anonymous individual or group known by the pseudonym Ryoshi. Shiba Inu was created in August 2020 as a decentralized meme token on the Ethereum blockchain. The true identity of Ryoshi remains unknown, as they chose to stay anonymous to maintain the decentralized nature of the project. Despite the founder's anonymity, Shiba Inu has grown into a major cryptocurrency with a large community of supporters known as the #ShibArmy.

Shiba Inu operates on the Ethereum blockchain as an ERC-20 token. Here's how it works: 1. Decentralized ecosystem: Shiba Inu is part of a larger ecosystem including ShibaSwap (decentralized exchange), LEASH and BONE tokens. 2. Community-driven: The project relies on its community, known as the #ShibArmy, for development and governance. 3. Tokenomics: Shiba Inu has a total supply of 589.5T SHIB, with 589.24T SHIB in circulation as of 2026-02-02. 4. Utility: Shiba Inu can be used for trading, staking on ShibaSwap, and as a payment method in some places. 5. Governance: BONE token holders can vote on proposals through the Doggy DAO. 6. Deflationary mechanism: Regular token burns help reduce supply over time. 7. NFTs: The ecosystem includes SHIBOSHIS NFTs and virtual real estate in Shiberse metaverse. 8. Development: The team continues to expand the ecosystem with new features and partnerships. Shiba Inu's value is largely driven by community engagement, market sentiment, and ongoing development of its ecosystem.

Shiba Inu is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture includes: 1. Smart contracts: The core Shiba Inu token contract manages token balances and transfers. 2. Decentralized exchange: ShibaSwap, a DEX built on Ethereum, allows trading and staking of Shiba Inu and related tokens. 3. Governance: The BONE token enables community voting on proposals through the Doggy DAO. 4. NFTs: The SHIBOSHIS NFT collection is part of the ecosystem. 5. Metaverse: Shiberse project aims to create a virtual world for Shiba Inu. 6. Multi-chain: Shiba Inu has expanded beyond Ethereum to other networks like Shibarium. 7. Burn mechanism: Token burns are used to reduce supply over time. 8. Liquidity pools: Provide trading liquidity on decentralized exchanges. This architecture combines DeFi, NFTs, governance, and metaverse elements to create a diverse ecosystem around the Shiba Inu token.

The future and roadmap of Shiba Inu looks promising. Key developments include: 1. Shibarium: A Layer-2 blockchain solution to reduce gas fees and increase transaction speeds. 2. ShibaSwap 2.0: An upgraded decentralized exchange with enhanced features and rewards. 3. Shiba Inu Metaverse: Expanding into virtual reality experiences and digital real estate. 4. SHIB: The Eternity game: A collectible card game to boost community engagement. 5. Continued ecosystem growth: New partnerships, increased utility, and wider adoption. Price predictions: 2027: $0.000008006 2031: $0.00001299 2036: -- The Shiba Inu team remains committed to innovation and community-driven development. With its strong community support and ongoing projects, SHIB aims to solidify its position as a leading cryptocurrency and expand its use cases beyond just a meme token.