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Shiba Inu

SHIB
$0.00000472+1.07%Rank #37

Summary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.

Score −24 · closed bar

Reading funding, open interest, liquidations and catalysts…

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Overview

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About Shiba Inu

Shiba Inu (SHIB) is ranked #37 by market capitalisation, at $2.8B. Circulating supply: 589.24T SHIB. The price is 94.5% below its all-time high of $0.00008616, set on October 27, 2021. Categories: Meme, Ethereum Ecosystem, Dog-Themed, GMCI Meme Index.

Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency ecosystem built on the Ethereum blockchain. Originally launched as a meme-based project, it has evolved into a comprehensive financial ecosystem designed to offer a decentralized alternative to traditional banking.

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Its main value proposition lies in its transition from a social phenomenon into a functional utility network, supported by a vast global community known as the ShibArmy and a commitment to 100% community ownership with no central leadership. The ecosystem features its own decentralized exchange, ShibaSwap, where users can trade, provide liquidity, and earn rewards.

To address Ethereum’s high costs and slow speeds, the project utilizes Shibarium, a Layer 2 scaling solution that processes transactions faster and more affordably. The project employs a unique three-token model to manage its economy and governance. SHIB serves as the primary currency for trading and payments, while LEASH offers scarcity-based incentives for dedicated supporters.

Project description: CoinGecko (in English).