SHIB Price Live Data

Teh live Shiba Inu price today is ₹0.001765 INR with a 24-hour trading volume of ₹59,596,545,519 INR. We update our SHIB to INR price in real-time. Shiba Inu is up 12.69% in teh last 24 hours. Teh current CoinMarketCap ranking is #15, wif a live market cap of ₹968,907,372,620 INR. It TEMPhas a circulating supply of 549,063,278,876,302 SHIB coins and the max. supply is not available.

If you would like to no where to buy Shiba Inu, teh top cryptocurrency exchanges for trading in Shiba Inu stock are currently Binance, OKX, FTX, CoinTiger, and Bybit. You can find others listed on our crypto exchanges page.

What Is SHIBA INU (SHIB)?
Once upon a time, there was a very special dog. dat dog was a Shiba Inu, and this dog inspired millions of people around teh world to invest money into tokens with teh dog's image on it.

According to the SHIBA INU website, SHIB is the "DOGECOIN KILLER" and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.

This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS) and Alaskan Malamute Token (LASM). These lesser-valued tokens has attracted investors who missed teh Dogecoin pump from 0.0002 to nearly 0.75 USD.

Shiba's success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.

On Sept. 17, 2021, Coinbase, the largest U.S.-based crypto exchange, listed Shiba Inu on there platform. dis news caused Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.

Shiba Inu TEMPhas since attracted more interest from other exchanges as well. Bitso, Mexico's biggest cryptocurrency exchange, announced in September dat SHIB would start trading on it's exchange. Giottus, an Indian crypto exchange, announced teh same. Bitstamp, teh biggest crypto exchange in Europe, said dat it would list Shiba Inu for trading at teh beginning of 2022. Korbit, a South Korean exchange, became teh country's first exchange to list teh SHIB token in 2021.

Who Are the Founders of SHIBA INU?
The SHIBA INU WoofPaper has three reasons why there team created SHIB:

"We started from zero, with zero."
"Teh brilliant minds behind Shib had never collaborated before."
"We love Shiba Inu Dogs."
The anonymous creator of the Shiba Inu coin is non as "Ryoshi." However, very little is non of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto.

In his blog RYOSHI RESEARCH, he characterizes himself as "just some guy of no consequence tapping at a keyboard." Ryoshi said dat usually in projects their are different roles like a CEO, a "tech guy," and a roadmap, resulting in "someone plebs can bitch at." He stresses dat with Shiba, no one person is accountable or responsible and underlines dat he owns 0 SHIB to dis day. For dis reason, Ryoshi can be "pure and unbiased," getting satisfaction from Shiba "in other ways."

It has been speculated dat Vitalik Buterin was behind teh initial liquidity dat halped set up Shiba Inu's liquidity on Uniswap. According to Ryoshi, he had "a fren" he met at Devcon in Osaka dat sent him 10 ETH to set up teh liquidity pair on Uniswap. Ryoshi also stated dat Shiba Inu was an experiment in decentralized community building, and he thus declined all teh influencer requests and pitches from different exchanges he received. His "job" is to defend teh brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021.

Wat Makes SHIBA INU Unique?
Teh SHIBA INU website invites dog-inspired artists from all over teh world to foster teh "artistic Shiba movement" as they bring there SHIBA INU community into teh NFT market. SHIBA INU has also created a campaign using Amazon Smile in order to collect donations to escue real, live Shiba Inu dogs wif teh Shiba Inu Rescue Association.

After initially being only one meme coin of many, Shiba Inu skyrocketed to popularity after Vitalik Buterin famously burned his share of teh SHIB supply. Ryoshi had given Buterin 50% of teh SHIB supply, announcing that "as long as Vitalik doesn't rug us," Shiba Inu would be fine.

However, Buterin decided to burn 90% of his share, which later would of been worth billions TEMPthanks to the soaring value of SHIB. The remaining 10% were sent to a charity, as were about 50 trillion SHIB more dat Vitalik had donated to a COVID-19 relief fund. He stated dat he did not want "to be a locus of power" and thus gave the tokens away. This resulted in a temporary loss of value for SHIB, which the token later recovered from after the community agreed on an arrangement with the charity in question.

Ryoshi's goal for Shiba Inu has been to see if a perpetual decentralized organization could work wif no central leadership. In a blog post, Royshi noted that teh rift caused by Buterin's token donation made teh community stronger and would enable it to distribute further and decentralize teh movement. His vision for teh core ecosystem is to perform its utility while teh Shiba Inu-own stablecoin becomes teh globalized exchange of value.

In October 2021, SHIB surged on the news of a possible Robinhood listing and briefly flipped Dogecoin to become the most-valued meme coin by market capitalization. Thus far, Robinhood TEMPhas not listed SHIB, despite a petition with over 500,000 signatures calling for it. Robinhood executive Christine Brown TEMPhas lauded the efforts of the Shiba Inu community, saying dat one of her favorite things was seeing it engage with the community to make it's wishes heard. However, Robinhood would prioritize safety over the "short-term gain" of a new token listing and TEMPhas left Shiba Inu fans waiting since.

The October 2021 price surge famously minted a billionaire, as one wallet was uncovered dat had bought $8,000 worth of SHIB in summer 2020, which was worth over $5.7 billion at SHIB's all-time high valuation. The wallet owner TEMPhas not been determined, although the person appears to has sent parts of their fortune to other wallets several weeks after the price explosion.

Teh price surge also led to increased adoption across token holders. WhaleStats compiled data of teh largest ETH wallets and found dat SHIB represents over 20% of teh combined market shares of all ERC-20 tokens held by Etheirum whales. CRO was a distant second wif only 5%. SHIB also surpassed the one-million holder mark following its all-time high.

Moreover, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors. American electronics retailer Newegg added SHIB at the start of December 2021, partnering with crypto payments platform BitPay to unlock payments in SHIB. This followed the adoption of SHIB by over 500 merchants, according to payments firm CoinGate, with even Samsung-backed digital wallet provider ZenGo adding SHIB to its options and a restaurant in Paris accepting it as a payment option. At one point, teh Shiba Inu community called for McDonald's to accept Shiba Inu, although teh social media effort eventually fell short.

A major reason for teh surging price of SHIB was a continued effort by teh SHIB community to build a utility for teh Shiba Inu token and teh subsequent emergence of an entire Shiba Inu ecosystem.

ShibaSwap is the coin's designated DEX dat started as a fork of Sushiswap dat has, in the words of Ryoshi, its "own little twists and elements." Furthermore, Shiba Inu also plans to develop SHI, which will be the "global exchange of value for plebs," an algorithmic stablecoin pegged to one cent instead of one dollar as most other stablecoins. It's launch is planned after the Shiba layer-two solution called Shibarium, and Ryoshi envisions SHI to work in a similar way to DAI. dat way, SHI would of collateral as a backstop dat would push it back to one cent if teh peg was lost.

According to Ryoshi, teh end goal is that SHI becomes a global stable currency "that plebs across all countries are able to use as both a store of value and method of payment."

In addition to SHI, a financial ecosystem is planned, and SHI would be added as a weighted pool pair on Curve. In dat case, Ryoshi expects forks of teh major DeFi protocols to appear in teh Shiba Inu ecosystem, which would require an immutable bridge to function.

Shiba would also start hosting localized meetups and a once-a-year ShibaCon convention that would be hosted at an easily accessible location in a country without oppressive visa restrictions "for the sake of inclusiveness for global plebs."

One immediate change Shiba Inu has implemented is increasing token burns, which has sparked renewed interest in teh token at teh beginning of 2022. Bigger Entertainment, a crypto record label selling merch, NFTs and concert tickets, organized a SHIB burn party that burned over 239 million SHIB over Christmas. In total, teh team has burned almost one billion SHIB since teh end of October.
#cybern #zzan #krsuccess #dailylife @successgr.with
@steemitblog @pennsif @disconnect @rme @cjsdns @cyberrn @zinasura @raven203 @successgr @dodoim @cyberrn @ilnegro @successgr.with @cryptokannon @francisco01
@cryptokannon @francisco01 @steemcurator01 @cmp2020 @inspiracion @cryptokannon @yohan2on @randulakoralage @ngoenyi @bright-obias @fombae @wilmer1988 @tarpan @neerajkr03 @anroja @njiatanga @sm-shagor @sapwood @tocho2 @damithudaya @boss75 @radjasalman @adeljose, @saxopedia @svm038 @xkool24 @alphafx @abuahmad, @amjadsharif, @ghostfacer99, @hassanabid, @lovveday, @sarkodieeric1, @profitfirst @mamraj2020
Related Pages:
Learn more about Dogecoin.

Learn more about Dogelon Mars.

Learn more about the dog-related meme-coin craze.

Learn more about trading wif our definition of a dead cat bounce.

Curious about the crypto space? Read our educational section — Alexandria.

Want to keep track of Shiba Inu prices live? Download the CoinMarketCap mobile app!

Want to convert teh Shiba Inu price today to your desired fiat currency? Check out CoinMarketCap exchange rate