Price change (24h):
2.60%
High (24h):
$2.061e-9
Low (24h):
$1.974e-9
Volume (24h):
$4.25K
Market Cap:
$1.38M
All Time High:
84.47% $0.00
Jul 31, 2025
All Time Low:
73% $0.00
Jul 19, 2025
0.00 %(1Y)
$2.044e-9
Price change (24h):
2.60%
High (24h):
$2.061e-9
Low (24h):
$1.974e-9
Volume (24h):
$4.25K
Market Cap:
$1.38M
All Time High:
84.47% $0.00
Jul 31, 2025
All Time Low:
73% $0.00
Jul 19, 2025
SHIBA INU (SHIB) is a cryptocurrency launched in 2024. It operates as a meme-inspired token on the Base blockchain, positioned as a community-driven fork of the original Ethereum-based Shiba Inu.
SHIB functions as a decentralized digital currency and a protest against centralized control, offering a native token on Base with an embedded auto-deflationary mechanism. It addresses the perceived deviation of the original SHIB from its foundational principles by reinstating a community-led, transparent supply model. The currency gains utility through direct acceptance at various merchants, a rarity for meme-coins.
SHIBA INU operates on the Base network. Base, an optimistic rollup, aggregates transactions and submits fraud-proven state roots to Ethereum, slashing settlement costs. This architecture hands SHIB a performance envelope that the original ERC-20 deployment could not match.
Its smart contract adheres to the standard Base token interface, directly readable by any EVM-compatible wallet, and benefits from the identical tooling that supports Ethereum’s vast developer ecosystem. Transactions settle with the speed of the rollup’s internal sequencer, typically in seconds, and the token’s codebase is fully open-source for verification.
The token emerged in mid-2024 from a contentious split within the Shiba Inu community. Its creation was driven by a faction that rejected the increasingly centralized governance and profit motives of the original Ethereum-based SHIB team, aiming to resurrect the decentralized principles attributed to the original creator, Ryoshi. Launched on June 22, 2024, the Base-based token immediately branded itself as “Schismatic Shiba,” framing its existence as a corrective fork rather than a mere copy.
Its long-term purpose extends beyond meme status to serve as a global, apolitical medium of exchange that operates outside the purview of any single controlling interest. The project articulates a vision of financial autonomy where code-enforced monetary policy removes the need for trusted human intermediaries. Rather than positioning as a speculative asset, the protocol emphasizes direct utility as a currency for peer-to-peer transfers and merchant settlement.
Mechanically, the SHIB token embeds an automatic deflationary protocol in its smart contract. Each on-chain transfer triggers a small deduction—a token burn—permanently removing a fraction of the supply from circulation, thereby applying a consistent, transparent contractionary pressure without requiring manual initiation. The Base network’s execution layer settles these transactions, with no additional staking or governance overlay defined at launch.
Any user transacting with SHIB simultaneously participates in supply reduction. Merchants that integrate the token for payments receive it directly, while the burn mechanism operates in the background, making every wallet interaction a passive contributor to the token’s economic design. Speculative positioning aside, the token realizes its utility the moment it moves on-chain.
SHIBA INU has a maximum supply of 1,000,000,000,000,000 tokens. Currently, 674,158,044,013,893.12 are in circulation. The auto-deflationary contract ensures the circulating figure trends slowly away from the initial maximum, with no fixed emission schedule publicized. With a market capitalization of $1,957,439.00, SHIBA INU ranks #2,352 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 14/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 13/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 12/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 11/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 10/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 09/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 08/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 07/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
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