Shiba Inu (SHIB) is an ERC-20 meme token launched on Ethereum in August 2020 as a self-styled “Dogecoin killer”, later adding ShibaSwap and the Shibarium layer-2.
What Shiba Inu is and how it works
Shiba Inu (SHIB) is an ERC-20 meme token launched on Ethereum in August 2020 as a self-styled “Dogecoin killer”, later adding ShibaSwap and the Shibarium layer-2.
SHIB is a token on Ethereum with no mining of its own; the Shibarium layer-2 uses BONE for gas.
SHIB supply and token economics
Initial supply was one quadrillion (10¹⁵) tokens; half was sent to Vitalik Buterin, who burned most of it, and the community continues to burn tokens.
What usually moves the price
It depends heavily on community sentiment, meme-coin cycles and burn-progress news.
These are commonly discussed factors, not a forecast; no single factor guarantees direction.
Where to buy SHIB
SHIB spot pairs are usually listed on large exchanges such as Binance, OKX, Bybit, Bitget and Gate, but pairs and availability depend on your region and account—check the official listing. Compare fees at the same volume, then check spread and slippage.
Key SHIB risks
A tiny unit price can look “cheap”—compare market cap instead. Many look-alike contracts exist; use only the official contract address.
Only use money you can afford to lose entirely, and size positions and liquidation prices before using leverage.
How to read the indicators on this page
RSI14 above 70 is often read as overbought and below 30 as oversold; price above MA20 and MA50 is a bullish alignment; MACD shows momentum direction. All are probabilistic readings on 90 days of daily closes and can stay extreme during trends.
Frequently asked questions
What is Shiba Inu?
Shiba Inu (SHIB) is an ERC-20 meme token launched on Ethereum in August 2020 as a self-styled “Dogecoin killer”, later adding ShibaSwap and the Shibarium layer-2.
What is the SHIB supply?
Initial supply was one quadrillion (10¹⁵) tokens; half was sent to Vitalik Buterin, who burned most of it, and the community continues to burn tokens.
Where can I buy SHIB?
Large exchanges usually offer SHIB spot trading, subject to your region and account; compare fees and verify the official domain before signing up.
Research and education only; not investment advice.
