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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

The cryptocurrency Shiba Inu was created in August 2020 by an anonymous person known as "Ryoshi."

Shiba Inu aims to be a 100% community-led, decentralized cryptocurrency which seeks complete independence from centralized authorities and takes pride in that it was not founded from an existing community. 

SHIB exists on the Ethereum blockchain because Ryoshi viewed it as a well-established, secure, and decentralized network that would allow the Shiba Inu project to be developed with zero outside regulation. 

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Scrypt-based mining algorithm. 

When SHIB was created, 1 quadrillion tokens were minted. SHIB’s founder sent 50% of the total supply to Ethereum co-founder Vitalik Buterin, who then burned 90% of his holdings by sending the tokens to a dead blockchain address. Buterin said he’d donate the remaining 10% to charity. 

The remaining supply, which wasn’t sent to Buterin, is locked in Uniswap, which is a decentralized finance protocol used to exchange cryptocurrencies. 

The Shiba Inu community considers the crypto to be a "Dogecoin Killer" because it has the ability to top its memecoin rival's market cap without ever crossing the $0.01 mark. 

Shiba Inu is widely considered to be a memecoin due to its high volatility and potential risk, as well as its network effect, driven by influential commentators like Tesla CEO Elon Musk.

Dogecoin

Over the past week, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 20% and 15%, respectively, as crypto markets await the impact of President Trump's tariff announcements. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1724 $25.6 billion +0.8% -15.9% Shiba Inu (CRYPTO: SHIB) $0.00001233 $7.26 billion -3.3% -20.3% Pepe (CRYPTO: PEPE) $0.057391 $3.1 billion -2.4% -19.2% Trader Notes: Crypto trader Nebraskangooner noted that SHIB's recent breakout was a fakeout, with many altcoins hitting resistance and retracing

Why Are Dogecoin, Shiba Inu Down Over 15% In The Past Week?

Shiba Inu (CRYPTO: SHIB) is up 5% on Tuesday, with on-chain activity surging and large transactions hitting new peaks. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001283 $7.6 billion +5.5% -4.7% Dogecoin (CRYPTO: DOGE) $0.1711 $25.4 billion +5.1% -8.6% Pepe (CRYPTO: PEPE) $0.057622 $3.2 billion +8.7% -3.9% Trader Notes: Crypto trader CW highlighted that SHIB is rebounding from a buy wall zone, forming additional sell walls along the way.

'Dogecoin Killer' Shiba Inu Surges 5%: What Is Going On?

The price of Shiba Inu (SHIB) is now falling after peaking at $0.00001567.

Shiba Inu Coin Begins A New Decline Below The $0.00001500 Barrier

Bitcoin

Ethereum

The ratio of Shiba Inu (CRYPTO: SHIB) supply held by long-term holders has reportedly surpassed that of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What happened: As of this writing, 76% of SHIB holders have held their tokens for over a year, according to IntoTheBlock, while 22% have held on for more than a month but less than a year.

Shiba Inu Attracts More Diamond Hands Than Bitcoin, Ethereum But Is High Whale Concentration Something To Lose Sleep Over?

Despite Shiba Inu (CRYPTO: SHIB) prices pulling back, burn rates and whale transactions are surging and fueling optimism for the meme coin's next move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001436 $8.5 billion -6.8% +12.6% Dogecoin (CRYPTO: DOGE) $0.1960 $29.1 billion -4.3% +14.3% Pepe (CRYPTO: PEPE) $0.058542 $3.6 billion -6.4% +14.8% Trader Notes: Post Shiba Inu's 15% rally in yesterday trading session, crypto trader Javon Marks believes SHIB's momentum remains strong despite its recent breakout.

Shiba Inu Burn Rate Skyrockets 57,069%, But Why Did This Whale Burn 1M SHIB?

Shiba Inu (CRYPTO: SHIB) has seen a surge in activity, driven by rising whale transactions, increasing daily users and growing optimism from traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001482 $9.12 billion +9.8% +20.9% Dogecoin (CRYPTO: DOGE) $0.2049 $30.5 billion +10% +20.4% Pepe (CRYPTO: PEPE) $0.059115 $3.8 billion +14.8% +22.1% Trader Notes: In an X post on Tuesday, crypto trader Satori predicted a minimum 20% gain if SHIB breaks resistance, confirming a bottoming pattern.

Shiba Inu Rallies 10%: What Is Going On?

Fartcoin (CRYPTO: FARTCOIN) continues to capture attention after soaring 84% in seven days, prompting bullish sentiment from traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.6023 $604 million +13.6% +84.2% Floki (CRYPTO: FLOKI) $0.00007529 $724.8 million +13.6% +22.2% Bonk (CRYPTO: BONK) $0.00001503 $1.17 billion +9% +38.4% Trader Notes: Prominent trader Unipcs stated that he is up $2.2 million on his Fartcoin long position, including a $1.2 million gain in the past week.

Millionaire Trader Nets $2.2 Million On The 'Shiba Inu Of This Cycle'

“Call skew hasn't meaningfully shifted toward calls, with call skew only emerging from June onwards, suggesting traders are waiting to see how the tariff situation develops,” one trading desk said.

Bitcoin Hovers Above $87K, Dogecoin, SHIB Surge 11% as Traders Monitor Tariffs

Both Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are showing signs of a potential price rally, fueled by strong technical setups and aggressive token burns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1769 $26.3 billion +3.3% +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001318 $7.8 billion +1.2% +1.2% Pepe (CRYPTO: PEPE) $0.057627 $3.2 billion +4.1% +7.7% Trader Notes: Crypto chart analyst Ali Martinez pointed out that DOGE's 12-hour chart is seeing a narrowing Bollinger Bands, a classic setup for a major move.

Dogecoin, Shiba Inu Up 3% And Flashing Bullish Signals—Is A Rally Coming?

The price of Shiba Inu (SHIB) is fluctuating within a range after falling to a low of $0.00001067 on Febreuary 3.

Shiba Inu Holds Above $0.00001100 As It Reaches Bearish Exhaustion

The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.

Floki, Dogecoin, Shiba Inu Lead In Meme Coin Holder Profitability As Market Returns To Valuation From 6 Months Ago

Shiba Inu (SHIB), the prominent Ethereum-based memecoin, is facing market volatility on Wednesday, March 19, 2025. Amid broader cryptocurrency uncertainty, traders are monitoring several critical indicators including institutional investor movements, token destruction rates, and key price thresholds.

Shib Inu Price Prediction: Expected Lows and Highs for March 19, 2025

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are struggling despite positive on-chain metrics and technical buy signals. While SHIB's burn rate is soaring and DOGE whales are accumulating, broader market sentiment remains cautious.

Dogecoin, Shiba Inu Slide 5% Despite Rising Burn Rates, Whale Accumulation: What's Going On?

Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks. What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.

XRP Delivering Steady Gains For Prominent Trader—Can Dogecoin, Shiba Inu Keep Up?

The burn rate of Shiba Inu (CRYPTO: SHIB) has skyrocketed by over 62,000%, resulting in the removal of 505 million SHIB tokens from circulation within a single day. What Happened: The burn rate of Shiba Inu surged by an astounding 62,000%, leading to the permanent removal of 505.6 million SHIB from circulation.

Shiba Inu's Burn Rate Soars, Removing 505 Million Tokens From Circulation

The price of Shiba Inu (SHIB) is recovering after breaking above the $0.00001100 support twice.

Shiba Inu Holds Up And Corrects Upwards Above $0.00001100

Pepe

Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump's trade war.

Dogecoin, SHIB and PEPE Bounce as Official Trump Meme Coin Sees Middling Gains

Despite broader market weakness, Shiba Inu (CRYPTO: SHIB) is holding its ground, with burn rate and key metrics showing strength. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001267 $7.5 billion +2.3% -10.6% Dogecoin (CRYPTO: DOGE) $0.1754 $26 billion -4.9% -20.7% Pepe (CRYPTO: PEPE) $0.056418 $2.7 billion +3% -23.1% Trader Notes: On Saturday, TradingView analyst The Hunters Company noted that SHIB's price correction near resistance presents a potential buying opportunity.

Shiba Inu Burn Rate Spikes 1,083% As Key Metrics Climb: What Is Going On?

Shiba Inu (SHIB) price is trending lower as it approaches the bottom of the chart. The decline has now reached a low of $0.00001224.

Shiba Inu Coin Pauses Above $0.00001250 At The Bottom Of The Chart

Fartcoin (CRYPTO: FARTCOIN), one of Solana's (CRYPTO: SOL) leading meme coins, is making waves with a 16% single-day gain. As excitement builds for the upcoming crypto summit, traders speculate that the meme coin market could see another explosive run.

Fartcoin Surges 16% In A Day, Outpacing Dogecoin, Shiba Inu As Trump Crypto Summit Anticipation Builds

Shiba Inu (CRYPTO: SHIB) is benefiting from renewed optimism in crypto markets, but technical analysis suggests caution despite rising burn rates. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001324 $7.8 billion +5.4% -6.7% Dogecoin (CRYPTO: DOGE) $0.2019 $29.9 billion +6.6% -2.3% Pepe (CRYPTO: PEPE) $0.057123 $2.9 billion +6.4% -12.4% Trader Notes: According to TradingView's technical analysis, SHIB's Relative Strength Index (RSI) sits at 38.5, indicating oversold conditions.

Shiba Inu Burn Rate Soars 5,440%, But Why Do Technicals Flash 'Sell'?

The price of Shiba Inu (SHIB) is displayed at the bottom of the chart.

Shiba Inu Coin Circles Above $0.000013

Shiba Inu (CRYPTO: SHIB) is going through a strong correction, leading traders to watch for potential support levels and bullish reversal catalysts. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001373 $8.09 billion -5.7% -10.5% Dogecoin (CRYPTO: DOGE) $0.1979 $29.3 billion -5.3% -19.8% Pepe (CRYPTO: PEPE) $0.057911 $3.3 billion -5.6% -15.8% Trader Notes: Crypto analyst Ali Martinez expects Shiba Inu to find support at $0.000012 or $0.0000094, potentially setting up for a bounce.

Shiba Inu Down 5% But Could An ETF Be In The Works?

Shiba Inu (CRYPTO: SHIB) is gaining traction with rising burn rates rise and whale activity, prompting cautious optimism among traders remain about its ability to hold key support levels. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001423 $8.4 billion +3% -7.7% Dogecoin (CRYPTO: DOGE) $0.2081 $30.8 billion +0.7% -18.2% Pepe (CRYPTO: PEPE) $0.058107 $3.4 billion +3.5% -14% Trader Notes: The Crypto Basic reports that SHIB is hovering around its crucial support level at $0.0000147.

Shiba Inu Burn Rate Soars 107%, Whale Transactions Surge: What's Going On?

The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.

News for Shiba Inu Crypto (SHIB)