Shiba Inu (SHIB), one of the most recognized meme-inspired cryptocurrencies, is currently trading at $0.00001197, reflecting a +5.01% gain over the past 24 hours. Despite its playful origins, SHIB has evolved into a major player in the digital asset space, maintaining a top-20 position by market capitalization and drawing consistent interest from retail and institutional investors alike.
This article provides a comprehensive overview of Shiba Inu’s current price dynamics, market data, historical performance, and future outlook—offering valuable insights for traders, hodlers, and crypto enthusiasts.
🔍 SHIB Price Overview
As of the latest update, Shiba Inu shows strong momentum with the following key metrics:
- Current Price: $0.00001197
- 24-Hour Change: +5.01%
- 1-Hour Change: -0.3656%
- 7-Day Change: +4.32%
- 30-Day Change: -9.21%
The 24-hour trading range places the low at $0.00001131** and the high at **$0.00001214, indicating moderate volatility within a bullish trend.
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📊 Market Data Snapshot
Shiba Inu continues to demonstrate resilience in a competitive crypto market. Here's a breakdown of its core market indicators:
Market Capitalization: $7.052 Billion
Market cap is calculated by multiplying the current price by the circulating supply. At over $7 billion, SHIB remains a significant force in the altcoin landscape.
24-Hour Trading Volume: $183.85 Million
High trading volume signals strong market engagement. The $183.85 million traded in the last day reflects active participation across global exchanges.
Circulating Supply: 589.248 Trillion (99.95% of total)
Out of a maximum supply of 589.553 trillion tokens, nearly all have already been released into circulation. This near-full distribution impacts scarcity dynamics and long-term price potential.
All-Time High & Low
- ATH (All-Time High): $0.00008845 — Reached on October 28, 2021
- ATL (All-Time Low): $0.00000000 — Recorded on September 1, 2020
While SHIB is still far from its peak, the current uptick suggests renewed investor confidence.
📈 Price Performance Analysis
Short-Term Trends (1H to 7D)
Despite a slight dip in the last hour (-0.36%), SHIB has gained over 5% in 24 hours and nearly 4.3% in a week. This short-term strength may be driven by broader market recovery, social media buzz, or speculative trading activity.
Medium-Term Outlook (30 Days)
Over the past month, SHIB has declined by 9.2%, indicating some resistance to sustained upward movement. However, the recent rebound could signal a reversal if buying pressure continues.
Historical Context
From its humble beginnings as a "Dogecoin killer," Shiba Inu has grown into a full-fledged ecosystem featuring:
- ShibaSwap (decentralized exchange)
- BONE and LEASH (governance and utility tokens)
- NFT initiatives and community-driven development
These fundamentals differentiate SHIB from pure meme coins and contribute to its staying power.
🌐 Where to Trade Shiba Inu?
While this article avoids promoting specific platforms, it’s essential to choose secure, regulated exchanges with deep liquidity for optimal trading performance.
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❓ Frequently Asked Questions (FAQ)
What is the current price of Shiba Inu (SHIB)?
As of now, SHIB is trading at $0.00001197 against the US dollar. Prices fluctuate constantly due to market demand, global trends, and macroeconomic factors.
What is Shiba Inu’s current market cap?
The current market capitalization of SHIB stands at $7.052 billion, ranking it among the top 20 cryptocurrencies globally.
How much SHIB has been traded in the last 24 hours?
The total 24-hour trading volume for Shiba Inu is $183.85 million, showing robust market activity across centralized and decentralized platforms.
What is the circulating supply of SHIB?
There are currently 589.248 trillion SHIB tokens in circulation, representing 99.95% of the maximum supply of 589.553 trillion.
What was SHIB’s highest price ever?
Shiba Inu reached its all-time high of $0.00008845 on October 28, 2021, during the peak of the meme coin frenzy fueled by social media momentum and celebrity endorsements.
Is Shiba Inu a good investment in 2025?
While past performance doesn’t guarantee future results, SHIB's growing ecosystem and strong community support suggest long-term potential. However, like all cryptocurrencies, it carries high risk due to volatility and regulatory uncertainty.
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🧭 Future Outlook & Ecosystem Development
Beyond price speculation, Shiba Inu’s long-term viability hinges on its ecosystem growth:
- ShibaSwap DEX: Enables staking, swapping, and liquidity provision.
- Layer-2 Solution (Shibarium): Aims to reduce transaction fees and improve scalability.
- Metaverse & NFT Projects: Expanding use cases beyond speculative trading.
- Community Governance: Token holders can influence project direction via BONE token voting.
Such developments help transition SHIB from a meme-based asset to a functional part of the decentralized web.
⚠️ Risk Disclaimer
Cryptocurrency trading involves substantial risk due to extreme price volatility, regulatory changes, and technological vulnerabilities. Leveraged trading amplifies both gains and losses—only invest what you can afford to lose. Always conduct independent research and consider your risk tolerance before entering any position.
📣 Final Thoughts
Shiba Inu has come a long way since its inception in 2020. While it began as a joke token, it now boasts a vibrant ecosystem, dedicated community, and solid market presence. With a current price of $0.00001197 and positive short-term momentum, investors are watching closely for signs of breakout potential.
Whether you're tracking SHIB for day trading or long-term holding, staying informed with accurate data and real-time analytics is crucial.
Remember:
“In crypto, knowledge moves markets.”
Stay updated, stay cautious, and trade wisely.